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Tag: finance

Posted on 22/11/2021

El Salvador to build crypto-fuelled ‘Bitcoin City’

Nayib Bukele’s announcement comes just two months after cryptocurrency was adopted as legal tender in the country ... ( read original story ...)

Posted on 22/11/2021

Avalanche becomes 10th most valuable crypto coin with technology that may challenge Ethereum’s dominance

The token has doubled in value in the last month with technology that positions it as a serious Ethereum rival. ( read original story ...)

Posted on 22/11/2021

Crypto and digital markets are healthy and will continue to develop in positive way, Exos CEO says

Brady Dougan discusses opportunities and challenges in fintech and crypto assets. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to ... ( read original story ...)

Posted on 22/11/2021

Move over dogecoin: avalanche’s 100% rally this month means it’s competing with the original meme crypto to become the tenth biggest coin by market value

After doubling in price this month, avalanche is neck-and-neck with dogecoin to be the tenth biggest cryptocurrency by market value. ( read original story ...)

Posted on 22/11/2021

Paytm shares fall nearly 40% from IPO price on second day of trading

Shares in the recently listed financial services company Paytm plunged for the second day running as traders and bankers blamed one India’s worst market debuts on an overly ambitious valuation target. ( read original story ...)

Posted on 22/11/2021

China’s exiled crypto machines fuel global mining boom

China’s ban on cryptocurrency mining in May triggered an exodus of miners and a global race to relocate millions of the clunky, power intensive machines they use to solve complex puzzles and earn ... ( read original story ...)

Posted on 22/11/2021

French firm Crypto Blockchain Industries: sells NFT assets linked to DJ star Guetta

French fintech company Crypto Blockchain Industries , whose shares have surged since the company listed on the stock exchange in October, announced on Monday the sale of some NFT (non fungible tokens) ... ( read original story ...)

Posted on 22/11/2021

Paytm Founder Compares Himself to Musk After Historic IPO Flop

The founder and chief executive officer of One 97 Communications Ltd. compared his company to Tesla Inc. -- and by extension drew parallels between himself and Elon Musk -- after the Indian payments ... ( read original story ...)

Posted on 22/11/2021

Avalanche Crypto Tops Shiba Inu Value After Deloitte Deal

The Avalanche cryptocurrency has surged in the past several days, taking it briefly into the top 10 by market value and surpassing Dogecoin and Shiba Inu, after a deal related to improvement of U.S. ( read original story ...)

Posted on 22/11/2021

Australian regulator says crypto investors ‘on their own’ for now

Australia's corporate watchdog said on Monday it was working with lawmakers to develop rules for digital currencies but warned many crypto assets remained unregulated for now, leaving investors in ... ( read original story ...)

Posted on 22/11/2021

‘Too Risky’: $2.4 Trillion Pension Sector Is Wary of Crypto

Cryptocurrencies are getting a cool reception in Australia’s A$3.3 trillion ($2.4 trillion) pension fund industry, underlining the challenge digital assets face to win significant investment from ... ( read original story ...)

Posted on 22/11/2021

Stock Market Today: SGX Nifty rises 30 points; Asian markets off to tepid start; all eyes on Latent View listing

Latent View Analytics, whose Rs 600-crore initial public offer (IPO) attracted a record 338 times bids, will make market debut on Monday. The IPO, which was sold from November 10 to November 12, had ... ( read original story ...)

Posted on 22/11/2021

Paytm Under Scrutiny After First-Day Flop Followed Record IPO

Shares of India’s pioneering digital payments startup Paytm will be closely watched by traders after the stock plunged 27% in its debut Thursday following a record initial public offering.Most Read ... ( read original story ...)

Posted on 22/11/2021

Tokyo shares open lower following Dow’s loss

Tokyo stocks opened lower Monday as investors turned wary after the Dow ended down last week.The benchmark Nikkei 225 index fell 0. ( read original story ...)

Posted on 22/11/2021

In a first, Japan considers release of oil reserves after U.S. request – sources

TOKYO (Reuters) - Japan is considering the unprecedented release of state oil reserves after a request from Washington for coordinated action to combat soaring energy prices, three government ... ( read original story ...)

Posted on 22/11/2021

Maverick 70-Year-Old CEO Is Determined to Shake Up Japanese Finance

Yoshitaka Kitao, the founder of Japan’s largest online brokerage, says his country lags behind the U.S. and Europe ... ( read original story ...)

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