The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. REUTERS/Shannon StapletonCelebrity stockpicker Cathie Woods’ ARK funds bought more shares of Coinbase (COIN.O) worth $110 million a day after the cryptocurrency exchange’s Nasdaq debut, according…
Australia is considering whether to prioritise athletes and support staff in the COVID-19 vaccine rollout with the Tokyo Olympics fast approaching.The Australian Olympic Committee (AOC) has asked the government to allow athletes to jump the queue as the country’s national vaccine program struggles with roadblocks.”The government is in direct contact with the AOC over its…
China has become the first major economy to roll out a digital currency. The digital yuan will bypass the global financial system. Economists, however, warn it could endanger the US dollar in the long term. See more stories on Insider’s business page. The People’s Bank of China (PBOC) has introduced its first blockchain-powered digital currency…
SHANGHAI, April 12 (Reuters) – China’s yuan eased against the dollar in thin trade on Monday, pressured in part by escalating tensions between Beijing and Washington, while uncertainty over the policy outlook for major central banks kept investors in a cautious mood. The addition of seven Chinese supercomputing entities to a U.S. economic blacklist reinforced…
TOKYO (Reuters) – Japan made sure that language warning against excess currency market volatility remained in place when G20 finance leaders made a rare tweak to their message on exchange-rate moves, said officials with knowledge of the deliberations.In the first communique compiled since U.S. President Joe Biden took office, finance leaders of the Group of…
NEW YORK (Reuters) – Inflows into cryptocurrency funds and products hit a record $4.5 billion in the first quarter, suggesting increased institutional participation in the once-maligned sector, data from digital currency manager Coinshares showed on Tuesday.FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken…
SHANGHAI, April 12 (Reuters) – China’s yuan eased against the dollar in thin trade on Monday, pressured in part by escalating tensions between Beijing and Washington, while uncertainty over the policy outlook for major central banks kept investors in a cautious mood. The addition of seven Chinese supercomputing entities to a U.S. economic blacklist reinforced…
China has become the first major economy to roll out a digital currency. The e-yuan will bypass the global financial system. Economists, however, warn it could endanger the US dollar long-term. See more stories on Insider’s business page. The People’s Republic of China (PBOC) introduced its first blockchain-powered digital currency controlled by its central bank,…
China has become the first major economy to roll out a digital currency. The e-yuan will bypass the global financial system. Economists, however, warn it could endanger the US dollar long-term. See more stories on Insider’s business page. The People’s Republic of China (PBOC) introduced its first blockchain-powered digital currency controlled by its central bank,…
Playboy is launching an NFT art gallery and auction hub via Nifty Gateway. Playboy’s chief brand officer Rachel Webber said NFTs present ‘an enormous business opportunity’. Playboy plans to use the partnership to showcase its art archive and to release original works. See more stories on Insider’s business page. Playboy is set to join the…