Foreign Exchange Market

Ripple's XRP Dominates the Market: Joseph Lubin Ethereum Co-Founder Adds on the Firm

Co-founder of the second-in lead by market capitalization Ethereum – Joseph Lubin, noted out his thoughts on Ripple‘s tech and EOS. Interviewed for …

Cryptocurrency

All Top 10 Cryptocurrencies in Green, Bitcoin Breaks $6,500

All top 10 coins by market cap are in the green today, XRP is up almost 18% after the announcement of a partnership with 3 exchanges.Friday, Aug. 17: …

Cryptocurrency

Nvidia's New Chip Tempers Blow After Results Dismay Wall Street

Nvidia analysts are looking past a disappointing sales forecast and focusing on Turing, the company’s new high-end chip that is scheduled to be …

Cryptocurrency

Ripple Climbs 10.03% In Rally

© Reuters.<p>Investing.com - Ripple was trading at $0.31699 by 09:16 (13:16 GMT) on the Investing.com Index on Friday, up 10.03% on the day. It was the …

Cryptocurrency

The head of the Swiss stock exchange's new crypto platform thinks bitcoin is 'hope and hype' but says: 'Digital assets are here to stay'

LONDON — The Swiss stock exchange's new digital asset platform is unlikely to offer cryptocurrency trading, according to the head of the project.<p>"Cryptocurrencies keep coming up. The capability is there to do it but to be honest, it's not a priority. There are plenty of exchanges currently …

Cryptocurrency

Nvidia Analysts Brush Off Crypto Fears, See 'Buying Opportunity'

Analysts remain bullish on Nvidia Corp. (NVDA) despite a drag on earnings driven by low cryptocurrency-related revenue.<p>"We see the pullback as a …

Cryptocurrency

Dollar to weaken, here’s what to do: Goldman Sachs

The U.S. dollar has been on a tear thanks to strong domestic growth coupled with decelerating global economic growth, Fed tightening and escalating trade tensions, according to Goldman Sachs.<p>The trade-weighted U.S. dollar, which measures of the value of the American greenback relative other world …

Markets

VeChain Pumped on Chinese Vaccine Tracking Proposal

Markets slowly healing this Friday; VeChain, XRP, Lisk, and Ontology performing well.<p>The markets are still slowly healing from their lowest levels …

Cryptocurrency

Lira Plunge Brings Back Sense of Gloom as Emerging Markets Drift

Turkey’s lira ended a three-day rally and slid as much as 8 percent, underscoring the fragility of emerging-market sentiment. Gauges of stocks and …

Stock Markets

Goldman Sachs Says ‘Plenty To Play’ In India, Here’s A List

This rally in the Indian indices have been led by only selected stocks--HDFC Bank Ltd., Reliance Industries Ltd. and Infosys Ltd.--which means that …

Markets

Cryptocurrencies Look Past UK Scam Warning, Head Higher

© Reuters. Bitcoin beats rivals by posting weekly gains<p>Investing.com - Cryptocurrencies headed higher on Friday, looking past a warning from a …

Cryptocurrency

Bets Against Bitcoin Grow Since Start of August | Investopedia

The number of investors betting that bitcoin (BTC), the leading cryptocurrency, will decline has been increasing during the month of August amid …

Cryptocurrency

CME Futures Partner Releases First Regulated Bitcoin Cash Futures

CME Group partner Crypto Facilities releases regulated Bitcoin Cash futures today.Cryptocurrency trading platform Crypto Facilities has added Bitcoin …

Cryptocurrency

As rupee bleeds, forex reserves plunge by $25.147 billion since April peak

The rupee had on Thursday closed at a historic low of 70.15 to the dollar.<p><b>Mumbai:</b> The country’s forex reserves have declined by $25.147 billion …

Business (India)

Turkey Tantrum Contagion Not Automatic, Rather Policy Dependent

Many have been talking about possible international contagion of the financial crisis in Turkey, and Peter Coy touched on the key issues in …

Economics

Crypto Prices Slip; Ethereum Co-founder Says Past Year’s Surge Was Bubble

Cryptocurrency prices slipped on Thursday<p>Investing.com - Cryptocurrency prices slipped on Thursday, while Ethereum co-founder Joseph Lubin’s comments …

Cryptocurrency

Ripple News Today: Ripple Targets 1.3 Billion People in China for Cross-Border Payments – XRP to Be Adopted In China for International Settlements – XRP/USD Price Today

The VP of EU strategic accounts of Ripple Inc. – Jeremy Light – says that the firm is now targeting China and its large population for its suite of …

Cryptocurrency

Some high volume cryptocurrencies you may not have heard of

Many top lists of cryptocurrencies do so by “market capitalization” but that can be a somewhat illusory figure in cases where the currency is thinly …

Cryptocurrency

Virtual Crypto ups the ante for Bitcoin services in SA

CAPE TOWN – Virtual Crypto Technologies announced this week that it had signed an exclusive distribution agreement with a third-party company, …

Cryptocurrency

Ethereum Classic Jumps 15% Ahead of Today's Coinbase Launch

Ethereum classic (ETC) is reporting double-digit gains on the heels of an anticipated listing on the Coinbase exchange as of 17:00 PST (00:00 UTC) on …

Cryptocurrency

Ethereum Leads Gains in Cryptocurrencies, Bitcoin Lags

© Reuters. Ethereum leads cryptocurrencies higher as co-founders hit the wires<p>Investing.com - Ethereum led gains in cryptocurrencies on Thursday, as …

Cryptocurrency

These are the countries most at risk if Turkey's lira crash spirals into a debt crisis

LONDON — The collapse of the Turkish lira against the dollar is the focus of global markets but emerging market currencies are getting hammered across the board and there are concerns that the issue could spiral from a currency crisis into a debt crisis.<p>The Indian rupee hit an all-time low against …

Business

Crypto update: Bitcoin, Ethereum, EOS, and Stellar sink, Ripple, Bitcoin Cash, and Ethereum Classic rise

The crypto market’s rebound has failed to gather pace and faded during overnight trade.<p>This has led to the entire value of the market sliding almost …

Cryptocurrency

Rupee Closes Below 70-Mark For First Time Against US Dollar: 5 Things To Know

INR Vs USD: The fall in Indian currency was due to strong demand for the US currency.<p>The Indian rupee today closed at 70.15/16 against the US dollar …

Business (India)

Stocks - U.S. Futures Drop as Turkish Lira Tumbles on Threat of Sanctions

© Reuters. U.S. futures point to a lower open amid Turkey turmoil<p>Investing.com - U.S. futures pointed to a lower open on Friday as investors were …

Stock Markets

Crypto exchanges are set to rake in twice as much money as last year even though bitcoin is down 51%

Bitcoin has been stuck in the doldrums for much of 2018, but that doesn't mean every market participant is heading to the poor house.<p>In fact, a recent Bloomberg News report found that crypto exchanges are set to rake in twice as much money as last year even though bitcoin is down a whopping 51%, …

Business

One trader lost $19 million on the Turkey turmoil — here are the winners and losers from the crisis

Reuters; Reuters<p><b>The collapse of the Turkish lira is the big story in global markets.</b>• <b><br>A big winner has been Deutsche Bank's CEEMEA desk, which made $35</b> …

Deutsche Bank

Henkel trims profit outlook on emerging market currency woes

BERLIN (Reuters) - German consumer goods company Henkel (HNKG_p.DE) lowered its full-year earnings forecast after weak emerging market currencies and costlier raw materials dented quarterly results, sending its share price down 3 percent.<p>FILE PHOTO: Hans Van Bylen, chief executive officer of German …

Profit

Nvidia Gives Lackluster Outlook on Cratering Crypto Sales

Nvidia Corp., the biggest maker of graphics processors, gave a disappointing forecast and said a greater-than-expected drop in demand for chips used …

Advanced Micro Devices

Cryptocurrencies have been crashing: Here are some explanations

The price charts resemble battlefields, with red arrows raining down relentlessly. Since the start of the year, the price of bitcoin has fallen by more than 50%, cutting more than $100 billion from its market capitalization. At the time of writing, Satoshi’s digital gold trades for around $6,400 …

Cryptocurrency