The catalyst that could wake sleeping FX markets
FX markets have been surprisingly calm over the past few years, and it looks like only a crisis might wake the sleeping bear.
This week, the JP Morgan global foreign exchange volatility index fell to...
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...
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,...
Bitcoin prices fall below key support level
Bitcoin prices are down over a percent on the day, trading around $3,960 range, according to CoinMarketCap.
Some experts believe that if Bitcoin fails to stabilize above $4,000, a further drop could be expected as...
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...
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...
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...
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...
Money Laundering Is A Multi-Trillion-Dollar Business
According to documents obtained by BuzzFeed News and shared with the International Consortium of Investigative Journalists (ICIJ) and more than a hundred other media outlets, more than 2,000 files show more than $2 trillion...
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...