Coinbase mafia shows how tight a circle holds sway over Bitcoin
Coinbase Global Inc.’s filing to become a publicly traded company provides a glimpse into the remarkably small circle of mostly men who command the incredibly lucrative digital landscape.
Bitcoin hits $1 trillion market cap, surges to fresh all-time peak
Bitcoin hit a market capitalization of $1 trillion as it rose to yet another record high on Friday, countering analyst warnings that it is an "economic side show" and a poor hedge against a fall in stock prices. The world's most popular cryptocurrency jumped to ...
Bitcoin surges above $50,000 for first time ever
Bitcoin rose above $50,000 on Tuesday to a new record high, building on a rally fuelled by signs that the world's biggest cryptocurrency is gaining acceptance among mainstream investors. Bitcoin hit a new high of $50,602, and was last up 3.3% at $49,537. It has ...
Bitcoin’s epic run is winning more attention on Wall Street
A week after Tesla announced its $1.5 billion investment in Bitcoin, the digital asset is continuing to make inroads into traditional finance.
The dollar dropped to around ¥104.80 in Tokyo trading Tuesday due partly to a decline in U.S. interest rates and higher crude oil prices. At 5 p.m., the dollar stood at ¥104.77-78, down from ¥105.47-48 at the same time Monday. The euro was at $1.2080-2081, ...
The dollar rose to around ¥105 in Tokyo trading Tuesday, affected by buying against the Australian dollar. At 5 p.m., the U.S. dollar stood at ¥104.98-98, up from ¥104.74-74 at the same time Monday. The euro was at $1.2069-2069, down from $1.2127-2127, and at ¥126.70-71, ...
Record sales of dollar bonds by Japanese prefectures gather steam
In the latest example, Kyushu's Saga Prefecture sold its first note in the U.S. currency on Tuesday, following last week’s issuance of such debt by neighboring Fukuoka Prefecture.
The dollar strengthened modestly to around ¥103.80 after moving tightly in Tokyo trading Tuesday amid a wait-and-see mood ahead of key events in the United States. At 5 p.m., the dollar stood at ¥103.80, up from ¥103.70 at the same time Monday. The euro was ...
The dollar eased slightly to around ¥103.70 in lackluster Tokyo trading Wednesday, amid a wait-and-see mood just ahead of U.S. President-elect Joe Biden's inauguration. At 5 p.m., the dollar stood at ¥103.73-74, down from ¥104.00-04 at the same time Tuesday. The euro was at $1.2155-2155, ...
The dollar was firmer around ¥104 in Tokyo trading Tuesday amid a risk-on mood induced by robust stock markets in and outside Japan. At 5 p.m., the dollar stood at ¥104.00-04, up from ¥103.74-77 at the same time Monday. The euro was at $1.2104-2104, up ...
The dollar sank below ¥103.70 in Tokyo trading Wednesday, in the wake of U.S. long-term interest rates' downturn. At 5 p.m., the dollar stood at ¥103.69-69, down from ¥104.16-16 at the same time Tuesday. The euro was at $1.2203-2203, up from $1.2163-2163, and at ¥126.53-54, ...
China’s rapid recovery puts U.S. dollar's global hegemony in doubt
The U.S.’s struggle to control the coronavirus and revive its economy contrasts sharply with the Asian nation, where growth has roared back.
