Tag: FX

A Tesla supercharger is shown at a charging station in Santa Clarita, California, U.S. October 2, 2019. REUTERS/Mike Blake Tesla Inc (TSLA.O) said on Wednesday that the fair market value of bitcoin the electric carmaker held as of March 31 was $2.48 billion, suggesting it could stand to make around $1 billion dollars out of…

FILE PHOTO: Mastercard Inc. credit cards are displayed in this picture illustration taken December 8, 2017. REUTERS/Benoit Tessier/Illustration LONDON (Reuters) – Mastercard Inc and U.S. cryptocurrency exchange Gemini will launch the first credit card that gives users digital currency “rewards” on purchases this year, deepening the involvement of major payment firms in the emerging asset…

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The euro held at an eight-week high against the dollar on Monday despite a disappointing sentiment survey in Germany as expectations the U.S. Federal Reserve will maintain its dovish stance at a policy meeting weighed on the greenback. German business morale improved by less than expected in April as a third wave of COVID-19 infections…

Startup founders and investors say the “sextech” category has never been hotter. Half of adult Americans have gotten a COVID-19 vaccine, and that could lead to more sex this summer. Venture capital funding is flowing to these startups, as investors warm up to the vice category. See more stories on Insider’s business page. Last year,…

Bitcoin is down over 19% over the past week, falling from over $63,000 to just over $49,000 as of Saturday morning. Cryptocurrencies were hit after reports of Biden’s capital gains tax proposal and the uncertainty of how it will affect the cryptocurrency market. Jim Cramer shared why you should not fear the taxman and why…

Rolled Euro banknotes are placed on U.S. Dollar banknotes in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration The dollar fell against major currencies on Friday as U.S. yields languished and the euro got an extra late-day lift following a earlier boost from an upbeat survey of purchasing managers. The dollar index fell 0.5% to…

The Transportation Department hired a top science advisor, a post that was vacant for over 40 years. The Democratic National Committee made moves on 10 communications pros. Trump administration alum Ben Carson now has a consulting gig. See more stories on Insider’s business page. Robert C. Hampshire is filling a job in the federal government…

The exchange rates and logos of Bitcoin (BTH), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) are seen on the display of a cryptocurrency ATM of blockchain payment service provider Vaerdex at the headquarters of Swiss Falcon Private Bank in Zurich, Switzerland May 29, 2019. REUTERS/Arnd Wiegmann Cryptocurrency Ether pulled back sharply from a record…

NEW YORK (Reuters) – The U.S. dollar rose against major currencies on Thursday as a shot of positive economic news contrasted with comments from the European Central Bank that euro zone weakness still requires the support of its current pace of bond purchases. FILE PHOTO: The reverse image of United States President George Washington is…