cryptocurrencies
InvestingDollar Soars With Bitcoin as Trump Trade Ramps Up; Euro, Yuan Battered
InvestingAsian Stocks Retreat, Bitcoin Soars to Record on Trump Euphoria
InvestingRecord-Breaking Bitcoin Rally Nears $90,000 on Trump Boost
InvestingWall Street Extends Post-Election Gains; Bitcoin Hits Fresh Record High
Bitcoin Jumps to Record as Trump’s Election Turbocharges Cryptocurrencies
Date: November 11, 2024
By Ankur Banerjee and Samuel Indyk LONDON (Reuters) -Bitcoin soared to a record high above $82,000 on Monday on expectations that cryptocurrencies will boom in a favourable regulatory environment following the election of Donald Trump as U.S. president and of pro-crypto candidates to Congress. The world’s biggest and best-known cryptocurrency, has now more than doubled...
Dollar Underpinned Before US Inflation Data, Fed Speakers
Date: November 11, 2024
By Wayne Cole SYDNEY (Reuters) – The dollar edged higher on Monday as markets braced for U.S. inflation data and a throng of Federal Reserve speakers this week, while the yuan nursed a hangover from Beijing’s latest underwhelming stimulus package. Highlighting the bleak background in China, data out over the weekend showed consumer prices rose...
Asian Stocks Slide as China Stimulus Disappoints; Bitcoin Extends Record Rally
Date: November 11, 2024
By Kevin Buckland TOKYO (Reuters) – Hong Kong stocks led declines in Asia on Monday after Beijing’s latest stimulus fell short of investor expectations, overshadowing Wall Street’s record highs from Friday and futures pointing to further strength at the reopen. Bitcoin climbed to an all-time high as Donald Trump’s victory in the U.S. presidential election...
Dollar on Track for Weekly Gain After Trump Election Win
Date: November 9, 2024
By Karen Brettell and Stefano Rebaudo (Reuters) -The dollar rose on Friday and was heading for a weekly gain as investors evaluated the likely impact on the American economy of Tuesday’s election of Republican Donald Trump as U.S. president. Analysts expect Trump’s policy proposals — including more trade tariffs, a clampdown on illegal immigration, lower...
Dollar on Track for Weekly Gain After Trump Election Win
Date: November 8, 2024
By Karen Brettell and Stefano Rebaudo (Reuters) – The dollar rose on Friday and was heading for a slight weekly gain as investors evaluated the likely impact on the American economy of Tuesday’s election of Republican Donald Trump as U.S. president. Analysts expect Trump’s policy proposals — including more trade tariffs, a clampdown on illegal...
Italy Minister Open to Reviewing Tax Hike on Cryptocurrencies
Date: November 8, 2024
ROME (Reuters) – Italy’s economy minister said on Thursday he was ready to review proposals to raise a tax on cryptocurrency capital gains, after pressure from some lawmakers in his own party to drop the plan. “I am willing to consider different forms of taxation for people who keep investments in their portfolio,” Minister Giancarlo...