Rupee weakens 1% in two days as renewed talks of ‘hawkish’ Fed boost dollar
Record high trade deficit, technical factors add to woes
Bitcoin Overdone? JPMorgan Pegs Fair Value at $38,000.
This year ‘is likely to be a more challenging and more mean-reverting year for digital assets,’ JPMorgan strategists write.
Justice Department seizes $3.6 billion in Bitcoin and arrests married couple
The couple, Ilya Lichtenstein, 34, and Heather Morgan, 31, were accused in a criminal complaint of conspiring to launder 119,754 bitcoins that had been stolen in 2016 from Hong Kong-based Bitfinex.
Wells Fargo Says It Is Not Too Late to Buy Bitcoin
The banking giant said Bitcoin is nearing a “hyper-adoption phase” similar to the internet in the mid-to-late 1990s.
Hopes of bitcoin becoming credible have slumped along with its price
One of the boldest claims advanced to justify the remarkable rise in the value of bitcoin towards the end of last year was that the digital currency was set to
US Financial Advisors Expect Proportion of Crypto Holding Clients to Increase by 60% – Finance Bitcoin News
According to the findings of a new survey, the number of financial advisors currently counseling crypto holding clients is expected to double from the current two out of ten or 20% to 44% by the end of 2022. Only Four Percent Expect the Number of Crypto Holding Clients to Decrease The number of financial advisors…
LuLu Exchange and Bank Alfalah to Boost Cross-Border Payments via RippleNet | Finance Magnates
LuLu Exchange announced a collaboration with Bank Alfalah to boost the experience of cross-border payments between the two countries via RippleNet.
RPT-US STOCKS-Wall Street ends higher with boost from big tech
Wall Street stocks closed higher on Friday, with market-leading growth shares kick-starting indexes’ climb as investors looked past disappointing U.S. economic data. Despite their advances, all three major U.S. stock indexes ended the session below last Friday’s close, ending a five-week streak of weekly gains. Investors favored growth over value, with megacap tech stocks, led by Apple Inc and Microsoft Corp, doing the heavy lifting.
How major US stock indexes fared Friday
Stocks closed higher on Wall Street Friday, but every major index still marked its first weekly loss in six weeks. Technology and communications companies led…
What Changed in Crypto Markets While You Were Sleeping — June 7
BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep.