cryptocurrencies
TradingHow Halving Cycles Impact Bitcoin Price: What to Expect in the Next Halving
TradingWall Street Hits Record High; Dollar, Treasury Yields Surge as Trump Wins Presidency
Top Stories‘Trump Trade’ Surges as He Claims Victory
Top StoriesUS Stock Futures, Dollar and Bitcoin Surge as Trump Claims Victory
Self-Proclaimed Bitcoin Inventor Faces Contempt of Court Case Over $1.2 Billion UK Lawsuit
Date: November 1, 2024
LONDON (Reuters) – An Australian computer scientist who claimed he invented bitcoin was on Friday accused of contempt of court after he filed a 911 million-pound ($1.18 billion) lawsuit against Twitter founder Jack Dorsey’s payments firm Block in Britain. Craig Wright claimed to have been the author of the foundational text of bitcoin published under...
Italy’s Finance Minister Defends Tax Hike on Cryptocurrencies Amid Party Spat
Date: October 31, 2024
ROME (Reuters) – Italy’s economy minister on Thursday defended his decision to raise taxes on cryptocurrency capital gains as part of next year’s budget, despite pressure from some lawmakers in his own party to backtrack. Giancarlo Giorgetti said savers should make a distinction between investments that finance tangible projects and cryptocurrencies, whose value he said...
Stocks Fall With Chipmakers, Gold Hits Record High
Date: October 30, 2024
By Caroline Valetkevitch NEW YORK (Reuters) –Global stock indexes edged lower on Wednesday as a disappointing forecast from Advanced Micro Devices weighed on chipmakers, while gold prices rose to a record high as uncertainty ahead of next week’s U.S. presidential election drove safe-haven demand. British stocks hit their lowest level since August as UK Finance...
US Dollar Ticks up on Jobs Data, Bitcoin Trades Near Record
Date: October 30, 2024
By Harry Robertson and Kevin Buckland LONDON/TOKYO (Reuters) -The dollar ticked up on Wednesday after stronger-than-expected private sector jobs data, though it remained off a three-month peak, while bitcoin sat close to a record high as traders raised their bets on a Donald Trump victory in next week’s election. Meanwhile, the pound fell on the...
Sixty Years After Cult Movie, Dr. Strangelove Plays in London’s West End
Date: October 30, 2024
By Sarah Mills LONDON (Reuters) – Sixty years after director Stanley Kubrick’s movie “Dr. Strangelove” was released, a stage version of the black comedy has opened in London’s West End starring Oscar-nominated and BAFTA award-winning actor Steve Coogan. Like actor Peters Sellers in the original version of the Cold War farce, Coogan takes on several...
US Dollar Rally Pauses Before Jobs Data, Aussie Falls on Rba Outlook
Date: October 30, 2024
By Kevin Buckland TOKYO (Reuters) -The dollar hovered close to a three-month peak on Wednesday in a big week for macroeconomic data that could reveal the path for U.S. monetary policy. The Australian dollar slipped to a three-month trough after some stickiness in inflation suggested a Reserve Bank of Australia interest rate cut is unlikely...