Most Read HKMA sells HK$5.43 bln in NY hours as currency hits strong end of band HONG KONG, Oct 22 (Reuters) – The Hong Kong Monetary Authority sold HK$5.425 billion ($700 million) into the market in New York trading hours after the local currency hit the strong end of its trading band, according to data…
Month: October 2020
PayPal says sure to Bitcoin: integration already in 2021
After the rumor mill has been simmering for a while, it’s now official – Bitcoin and three different cryptocurrencies will quickly be tradable on PayPal.26 million retailers and a complete of 346 million energetic customers could have direct entry to cryptocurrencies. Shortly after the official assertion the worth of the PayPal share rose, inside a…
Bitcoin Rips Higher To $13,000 on Continued Fiscal Stimulus Excitement
Bitcoin has continued to explode higher over the past 24 hours.The coin now trades for $12,750, around 7% higher than it was just 24 hours ago.This latest leg higher in the Bitcoin price can be pinned to two fundamental news events: PayPal adding crypto and more fiscal stimulus coming.Bitcoin Rallies Higher as Stimulus Talks Continue…
UK Stocks-Factors to watch on Oct 22
UK Stocks-Factors to watch on Oct 22 Oct 22 – Britain’s FTSE 100 index is seen opening 29 points lower at5,748 on Thursday, according to financial bookmakers.* ASTRAZENECA: Brazilian health authority Anvisa said on Wednesday that avolunteer in a clinical trial of the COVID-19 vaccine developed by AstraZeneca and Oxford University had died but added…
Bitcoin Surges on PayPal News While Netflix Disappoints Wall Street
Bitcoin’s year beating run continues thanks to PayPal support.Crypto across the board was also up on the news.Netflix and Google shares are down after poor quarterly earnings and an anti-trust lawsuit is filed against the search giant. It was another blockbuster day for Bitcoin .Driven by the announcement PayPal would allow users to buy and…
PayPal Embraces Cryptocurrency: Here’s Everything You Need to Know
PayPal Embraces Cryptocurrency: Here’s Everything You Need to Know 3 min read October 22, 2020 cryptheory Mainstream payments powerhouse PayPal announced this week it was on the verge of launching cryptocurrency wallet and payments services, with plans to eventually bring these features to Venmo, the company’s mobile payments subsidiary. Why it matters : PayPal’s high-profile…
Bitcoin price unfazed after $150M hack of major exchange KuCoin
In an official statement, KuCoin Global CEO Johnny Lyu confirmed a major hacking attack on Sep.26.The breach affected the firm’s Bitcoin (BTC), Ether (ETH), and ERC20 hot wallets, after private keys were leaked.Reports estimate the breach to have affected $150 million in user funds. Following the security breach, the price of Bitcoin barely moved, however.Other…
Why the Stock Market is Poised for Its Worst September Since 2011
Sep 26, 2020 at 13:00 UTC (AlexSava/iStock via Getty Images Plus) Why the Stock Market is Poised for Its Worst September Since 2011 Last week saw the third-biggest outflow from stock funds in history, and the dollar is the strongest it’s been since April.Here’s what’s going on. For more episodes and free early access before…
Katal Chain: A Template for Blockchain-Based Finance | Plato Blockchain
Blockchain technology is believed by many to reshape the way we perform real-life transactions.However, the difficulty in learning the ins and out of cryptocurrency space, as well as knowing the complex codes used in these systems remain a barrier to entry.Katal Chain was developed to address this specific issue. Katal Chain was designed to make…
Katal Chain: A Template for Blockchain-Based Finance
Blockchain technology is believed by many to reshape the way we perform real-life transactions.However, the difficulty in learning the ins and out of cryptocurrency space, as well as knowing the complex codes used in these systems remain a barrier to entry.Katal Chain was developed to address this specific issue. Katal Chain was designed to make…