Cryptoverse: Bitcoin wants to break its bond with stocks

Nov 1 (Reuters) – After months of tears and tantrums, bitcoin wants to split up with stock markets. The cryptocurrency, which has been closely correlated with tech stocks for much of its torrid 2022, is staging one of its strongest efforts yet to break away. Its 30-day correlation with the Nasdaq (.IXIC) slid to 0.26 … Read more

Cryptoverse: British pound fiasco boosts bitcoin’s hedge appeal

Oct 25 (Reuters) – As a developed nation, you know your currency’s in a spot of bother when investors start to hedge with bitcoin. After Britain’s brief Prime Minister Liz Truss unleashed her mini-budget on Sept. 23, filling financial markets with dread, a section of investors stampeded away from the pound and towards the cryptocurrency … Read more

Di Argentina, kontrol menelurkan kedelai dan nilai mata uang ‘Netflix’

BUENOS AIRES, 19 Okt (Reuters) – Jose Zegarra, seorang turis Peru di ibu kota Argentina, Buenos Aires, menemukan dengan susah payah bahwa nilai peso negara itu tidak selalu seperti yang terlihat karena kontrol modal yang ketat menelurkan serangkaian perbedaan yang liar. nilai tukar. Ditagih mendekati 150 peso resmi per dolar AS ketika dia membayar makanan … Read more

Wall Street rally highlights reports from Tesla, Netflix

Oct 18 (Reuters) – Investors are speculating about whether Monday’s big stock jump was the start of a recovery or another pause in the market’s downturn, and the answer may hinge in part on upcoming quarterly results from heavyweights including Tesla Inc (TSLA.O), Johnson & Johnson ( JNJ.N) and Netflix Inc (NFLX.O). The world’s most-tracked … Read more

Cryptoverse: Bitcoin beats the heat in a jumpin’ July

A representation of virtual currency bitcoin and a U.S. one dollar banknote are seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic Register now for FREE unlimited access to Reuters.com Register Aug 2 (Reuters) – It’s been a good month for bitcoin – and we haven’t said that … Read more

Column: Crypto crash exposes regulators’ complacency

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register ORLANDO, Fla., June 16 (Reuters) – If regulators thought crypto was a dangerous place that lured investors into ‘too good … Read more

Bitcoin stems heavy losses but pessimism reigns in crypto markets

LONDON, June 14 (Reuters) – Bitcoin steadied on Tuesday after earlier hitting a new 18-month low, as major crypto lender Celsius Network’s freezing of withdrawals and the prospect of sharp U.S. interest rate rises shook the volatile asset class. Bitcoin clawed its way to positive territory after falling as much as 7.3% to $20,816, its … Read more