cryptocurrencies
InvestingInstant View: Bitcoin Vaults Above $100,000
FinanceExclusive-Norway Wealth Fund’s Watchdog to Probe Shoemakers, Crypto Firms Over Ethics in 2025
InvestingAsia Stocks Rise After Wall Street Records; Dollar Rebounds
InvestingBitcoin Last up 5.05% at $96,286
Major Currencies Regroup Before US Inflation Data
Date: November 27, 2024
By Brigid Riley TOKYO (Reuters) – The U.S. dollar consolidated against its major peers on Wednesday as investors weighed President-elect Donald Trump’s tariff pledges, while awaiting a key inflation figure out of the U.S. later in the day. The New Zealand dollar <NZD=D3> rose after the Reserve Bank of New Zealand cut benchmark rates by...
Bitcoin Options Trade Shows More Bets on Retreat After Failing to Breach $100,000
Date: November 27, 2024
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Investors in the world’s largest cryptocurrency are anticipating a significant downward move after bitcoin failed to hit an all-time peak of $100,000, according to a crypto trading platform citing recent options activity. Bitcoin hit a record high of $99,830 on Nov. 22, but it has since fallen more...
Centralization in the World of Cryptocurrency Mining
Date: November 26, 2024
Cryptocurrency mining plays a central role in securing blockchain networks and validating transactions, ensuring the smooth operation of decentralized financial systems. However, the rise of mining pools has reshaped this landscape, providing miners with more opportunities to maximize their earnings. One popular and profitable example is the WhiteBit Pool, which enables miners to combine their...
Dollar Retreats From 2-year Peak After Trump Treasury Nomination
Date: November 25, 2024
By Wayne Cole and Medha Singh (Reuters) -The dollar retreated on Monday after a stellar run as the pick for U.S. Treasury secretary seemed to reassure the bond market about fiscal discipline, pulling yields lower and shaving some of the currency’s rate advantage. Yields on 10-year Treasuries slipped 6 basis points to 4.361% as President-elect...
Stocks Bounce, Dollar Slides With Bond Yields on Bessent Pick
Date: November 25, 2024
By Tom Westbrook SINGAPORE (Reuters) -Asian stocks rallied with U.S. equity futures on Monday, while the dollar retreated against rivals as bond yields slid following the selection of fund manager Scott Bessent as the next U.S. Treasury secretary, with investors expecting he will be a voice for markets in Washington. MSCI’s broadest index of Asia-Pacific...
Dollar Dips With Treasury Yields After Bessent Pick
Date: November 25, 2024
By Wayne Cole SYDNEY (Reuters) – The dollar surrendered a little of its recent gains on Monday as investors assumed the pick for U.S. Treasury secretary would reassure the bond market and pulled yields lower, shaving some of the dollar’s rate advantage. Yields on 10-year Treasuries slipped to 4.351%, from 4.412% late Friday, as President-elect...