Gains in consumer staples equities saw China’s benchmark index gain the most since July on Tuesday, Bloomberg reports. CSI 300 surged 3.2% closing above the 100-day moving average, the highest…
World’s top hedge fund founder Ray Dalio has gone from doubting bitcoin to dipping into it amid the looming global debt crisis, according to Yahoo! Finance. Ray retaliated that the…
Fed Governor Lael Brainard has called the U.S to back a digital dollar, according to CNBC. Brainard says a digital dollar would enhance financial inclusion by incorporating the “unbanked” Americans. …
Viral video “Charlie bit my finger” will be removed from YouTube, according to Forbes. The move happens after it was sold for $760,000 as a non-fungible token. Published in 2007,…
Goldman Sachs has recommended its investors to buy Coinbase stock to get exposure to cryptocurrency space, according to CNBC. Strategist Will Nance predicts the stock to jump by as much…
Palantir Technologies Inc. has entered into a $32.5 million fixed-sum contract with the US Space Force and Airforce, according to the company’s press release. The deal allows Palantir to provide…
Virgin Galactic launched its VSS Unity flight on Monday at a speed of Mach 3, according to the company’s press release. The spaceflight is the company’s third and the first…
US senators of both sides have agreed on a $300 billion transportation package on May 24, 2021. The move is aimed at increasing funding for highways, roads, and bridges. The…
U.S existing home sales hit 5.85 million in April, down 2.7% from the previous month, according to the National Association of Realtors press release. April’s existing home sales decline happens…
HSBC says the latest move by China to clamp down on cryptocurrencies is not new, CNBC reports. Global FX research chief Paul Mackel says Beijing has been more cautious on…
Belarus dollar bonds due in ten years fell on Monday, as yields went up by 23 basis points to a monthly high of 7.48%. According to Bloomberg, the plunge followed…
Bitcoin fell 8% to $36,707.86 to reverse gains of about 5% on Friday. The wild swings to the downside followed reports that China will crack down on bitcoin’s trading activities…