Source: A Screenshot, Instagram/metamask.io ConsenSys-owned major Ethereum (ETH) wallet and Web 3.0 browser MetaMask saw its swap feature growing substantially, while non-fungible tokens (NFTs) are also gaining traction. Their token swap feature, which enables users to compare and swap tokens directly within MetaMask, was announced last October, which their Product Lead Jacob Cantele described as […]
If you’re looking for someone to blame for disruptive ethereum (ETH) price corrections, you may be mistaken to look in the direction of miners, per the findings of a new report. Researchers behind a new Coin Metrics study of Ethereum network miner activity have concluded that there was little evidence to collate miner activity with […]
The Japanese courts have sent an ominous warning signal to would-be crypto tax evaders – by jailing a 56-year-old man who pleaded ignorance of how Japan’s crypto tax laws work. Per Chunichi, the man, an office worker named Hideji Matsuda, was given a one-year sentence and fined over USD 202,000 by a judge at the […]
An index of regional stocks excluding Japan rose 0.7%, led by a 1.7% surge in South Korea’s Kospi, and was on track for its first three-day advance in three weeks. Read More: Asian stocks rally after Dow hits record as inflation worries ease
Ether — the world’s second-largest cryptocurrency — advanced as much as 3%. The gains mirror broader risk-on optimism after the Nasdaq 100 Index that rebounded this week from an earlier decline that pushed it into correction territory. Read More: Bitcoin’s market value passes trillion again amid risk rally
Walt Disney Co.’s ESPN and the National Hockey League said they struck a seven-year deal that will bring the Stanley Cup Finals to Disney’s ABC broadcast network and make hundreds of local-TV games available on the ESPN+ streaming service. Read More: The Wall Street Journal: Disney’s ESPN strikes 7-year deal to show NHL games
A Facebook Inc. consortium withdrew its bid to build a new internet conduit between California and Hong Kong after months of pressure from U.S. national-security officials, the latest sign of a deepening rift between the two governments. Read More: The Wall Street Journal: Facebook drops bid to build underwater fiber-cable link to Hong Kong
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IT is an opportune time to get into the Chinese and Hong Kong stock markets, following their recent rout in response to the spike in US Treasury yields and fears over global reflation, analysts say. Read More: Tech sell-off in HK, China present buying opportunities: analysts
AFTER swinging back to the black in FY2020, Oceanus Group is looking to "tech up" its business model and diversify its products and operations further. Read More: Can Oceanus's digital farming ambitions lift investor confidence?
THE following companies saw new developments that may affect trading of their securities on Thursday: Read More: Stocks to watch: Sabana Reit, FSL Trust, Del Monte Pacific, Union Gas, MC Payment
SINGAPORE shares opened stronger on Thursday, with the Dow ending at a record high overnight after the US Congress approved a US$1.9 trillion economic relief package. Read More: Singapore shares advance after US stimulus Bill; STI up 0.3%
Canadian dollar dips as BoC dovish The dollar declined after a tame inflation report kept Treasury yields stable. Runaway inflation concerns will have to wait till next month and that appears good enough to keep demand flowing out of the dollar. Euro-dollar might start to remain trapped in a tight range as currency traders await […]
US stocks are surging higher after the latest US CPI data eased short-term inflation worries. Next month’s inflation report will see elevated pricing pressures as the base effects from the COVID shock will likely take inflation above the Fed’s target. Core inflation came in softer than forecasts on both a monthly and annual basis. The […]
Mainland Chinese stocks have tumbled as authorities signaled a shift away from policies meant to keep the economy afloat in the wake of the pandemic. Read More: China's low GDP target gives Beijing room to address market risks
Tesla’s Model Y was the third best-selling electric car in China in February, according to data released Wednesday by the China Passenger Car Association. Read More: Tesla's China-made Model Y takes off despite holiday car sales slump
JPMorgan will offer the note to clients to enable exposure to cryptos. The offering comes while the US SEC is yet to give approval to a cryptocurrency backed ETF. Read More: JPMorgan launching a bitcoin (& other cryptocurrencies) structured note tied to a basket of related stocks
White House Press Secretary Jen Psaki speaking with US media Biden’s $1.9tln coronavirus economic relief package was passed in COngress earlier. Still to come is: Read More: US official says US President Biden is still seeking to make the child tax credit permanent
Forex news for Asia trading for Thursday 11 March 2021 Major FX traded in subdued ranges during the session here after the (expected) passage of US President Biden’s $1.9tln coronavirus economic relief package. Other news and data flow was light. Of note though was Japan’s massive two-week foreign bond selling (circa US$34bn in total) ended, […]
Read More: Dollar nurses losses after benign inflation data
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Read more on https://www.fxstreet.com Read More: GBP/JPY Price Analysis: Refreshes multi-month high above 151.00, further upside expected
Read more on https://www.fxstreet.com Read More: WH Press Secretary Psaki: Pres. Biden still seeking to make the child tax credit permanent
A lower-than-expected US core CPI figure sent Wall Street stocks broadly higher as inflation fears eased. The reflation trade is back in centerstage after House approval of the US$ 1.9 trillion sti… Read More: Dow Jones Gains on Inflation Relief. Nikkei 225, ASX 200 May Climb
Bitcoin has stormed higher since the start of March and appears to be eyeing a push to fresh record highs. However, short-term technical signals suggest that a reversal lower could be on the cards. Read More: Bitcoin Outlook: BTC Poised to Break to Fresh Highs or Is a Reversal Afoot?
Polygon integrates with interoperable token launchpad from DxSale Network, DxLaunch https://cryptoslate.com/polygon-integrates-with-interoperable-token-launchpad-from-dxsale-network-dxlaunch/ Read More: Polygon integrates with interoperable token launchpad from DxSale Network, DxLaunch
21 Bitcoin (BTC) is now worth over one million dollars, but which would you prefer to have? (via @WanSamuel) https://cryptoslate.com/21-bitcoin-btc-is-now-worth-over-one-million-dollars-but-which-would-you-prefer-to-have/ Read More: 21 Bitcoin (BTC) is now worth over one million dollars, but which would you prefer to have? (via @WanSamuel)
The US bank is suddenly turning bullish on Bitcoin’s long-term growth after trying to shun it for years. Bitcoin the first time JPMorgan has created a “Cryptocurrency Exposure Basket” for clients looking to bet on companies working in the crypto space, a filing on Tuesday showed. The basket contains over 11 publicly-traded stocks with a […]