Currency manipulator designation sends market into a tailspin
In a rare move, the United States Treasury has officially labeled China as a currency manipulator, a move that could have unforeseen impacts on global markets.
The U.S. Treasury Department officially labeled China a currency...
Pound continues to slide as no-deal Brexit looms
The pound is taking a pounding versus the dollar, euro and other currencies as the possibility of a no-deal Brexit looks increasingly likely.
Under new Prime Minister Boris Johnson, the government has strengthened its stance...
Three cannabis trends investors can’t ignore
It doesn't seem that long ago when cannabis was seen merely as the feel-good drug of choice for kids aiming to blow off steam. But over time, after countless studies on the plant, its...
Can bitcoin return to its roots?
Bitcoin underwent a sort of transformation in 2018…
Consider it the awkward teenage years of the burgeoning crypto space.
Cryptos stumbled, struggling to find its place in the world. And regulators, officials and traditional economists didn’t...
Introducing Libra: Facebook’s long-awaited dive into cryptocurrency
Facebook has finally revealed the white paper for its long-awaited dive into the cryptocurrency realm with the introduction of the Libra.
On Tuesday morning, Facebook released the details of its cryptocurrency Libra, which will allow...
What is blockchain technology and why does it matter?
It’s not very often that a truly world-changing invention comes around, something with the potential to transform entire industries. The personal computer, the internet, smartphones; each of these was initially met with resistance –...
European regulators slam major banks for forex manipulation
European regulators slammed a handful of major banks with a billion dollar fine for rigging forex markets.
EU antitrust regulators have fined Barclays, Citigroup, J.P. Morgan, and Royal Bank of Scotland a massive €1.07 billion...
Binance loses $41 million as exchanges grapple with growing threat from hackers
Binance, one of the world's biggest cryptocurrency exchanges, fell victim to a major data breach on Sunday evening.
The "security breach" as Binance is reporting it, led to 7,000 bitcoin being taken from the exchange...
Why crypto could spark a financial revolution
Listen, we all know what happened with crypto markets last year…
Investors lost their shirts. There was blood in the streets. Major news outlets declared the death of the space. But you and I both...
World’s largest wealth fund slashes exposure to emerging markets
The world's biggest sovereign wealth fund is minimizing its position in emerging markets.
According to its finance ministry, Norway's $1 trillion sovereign wealth fund is set to cut down its $300 billion fixed-income portfolio by...
