Dollar pauses after strong gains on hawkish Fed plays; bitcoin reaches $30,000

Dollar pauses after strong gains on hawkish Fed plays; bitcoin reaches ,000

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April 10, 2023

Dollar pauses after strong gains on hawkish Fed plays; bitcoin reaches $30,000

TOKYO, April 11 (Reuters) – The U.S. dollar paused for breath on Tuesday after its best rally this month against major peers, as a robust U.S....

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bitcoin

March 24, 2023

Bitcoin is a solution in search of a problem

NEW YORK, March 24 (Reuters Breakingviews) – Almost a year ago, billionaire Peter Thiel threw $100 bills into the crowd from the stage at a cryptocurrency...

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bitcoin

March 12, 2023

Bitcoin, USDC stablecoin rally after US intervenes on SVB

SINGAPORE, March 13 (Reuters) – Bitcoin and other cryptocurrencies rallied on Monday after the U.S. government announced plans to contain the fallout from the collapse of...

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crypto

March 3, 2023

Dollar heads for first weekly loss in five, crypto falls

LONDON, March 3 (Reuters) – The U.S. dollar fell from a 2-1/2-month high against the yen on Friday and appeared poised for its first weekly loss...

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fintech

March 2, 2023

Fintech darling Stripe has first-world problems

LONDON, March 2 (Reuters Breakingviews) – When a startup raises money at a lower valuation than before, it’s usually a bad sign. When it’s a fintech...

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fintech

February 14, 2023

Fintech giant’s bad wedding leads to happy divorce

NEW YORK, Feb 14 (Reuters Breakingviews) – Many mergers fail, but executives are rarely humble enough to admit it. At Fidelity National Information Services ( FIS.N...

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fintech

February 9, 2023

How Ant fell into fintech’s middle-income trap

HONG KONG, Feb 9 (Reuters Breakingviews) – It has been almost a decade since the company now known as Ant turned China’s clumsy financial system on...

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crypto

November 11, 2022

Take Five: A UK Budget and Trouble in Cryptoland

LONDON, Nov 11 (Reuters) – The long-awaited UK fiscal plan is (almost) here and after the ruckus triggered by September’s mini-budget, markets are watching closely. Chaos...