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...
Bitcoin continues rally, surpasses $5,000
Bitcoin surged unexpectedly overnight, stimulated by an unusual high-volume purchasing spree, bringing the bulls back into the crypto-sphere.
Despite last week's fall below the key $4,000 support level, Bitcoin soared as much as 20, breaking...
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 –...
Hyperinflation hits the U.S. dollar in Venezuela
As Venezuela's embattled government continues its downward spiral, hyperinflation is soaring. And now, not even the U.S. dollar is immune.
Once a prosperous country, Venezuela is suffering from the collapse of its economy amid corruption,...
Gold falls below $1,300 as the dollar rebounds
Gold crept upward slightly over the weekend in its path to a second quarterly rise as the dollar fell slightly on lukewarm U.S. financial data.
U.S. consumer spending rose less than forecasted in January and earnings...
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...
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...
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...
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...
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...
