Backer of stricken TerraUSD says spent reserves trying to salvage dollar peg

Backer of stricken TerraUSD says spent reserves trying to salvage dollar peg

Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, Litecoin are placed on the PC motherboard in this illustration taken June 29, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Join now for FREE unlimited access to Reuters.com Register ECB officials warn of cryptocurrency risks Luna Foundation Guard says reserves are depleted at $90 million LFG says reserves spent trying to … Read more

Crypto world stabilizes, bitcoin rallies after stablecoin slide

Crypto world stabilizes, bitcoin rallies after stablecoin slide

Bitcoin hits an intraday high above $30,000 TerraUSD Collapse Shakes Crypto Market Analysts say the impact on traditional markets is limited HONG KONG/LONDON/NEW YORK, May 13 (Reuters) – Cryptocurrencies stabilized on Friday, with bitcoin recovering from a 16-month low after a volatile week dominated by the collapse in value of TerraUSD, a so-called stablecoin. Crypto … Read more

Shares hold up, yields drop before U.S. inflation data

Shares hold up, yields drop before U.S. inflation data

MILAN, May 11 (Reuters) – Global stocks rose on Wednesday and bond yields fell further below recent highs ahead of U.S. inflation data that will give an idea of ​​how aggressively the Federal Reserve will rise rates. European stocks extended their rebound from two-month lows and US futures also gained ahead of the release of … Read more

Equities bounce back while yields, oil prices drop

Equities bounce back while yields, oil prices drop

Gold and Oil Futures Fall as Bitcoin Rises Dollar gains ground in volatile session NEW YORK, May 10 (Reuters) – Shares on Wall Street rebounded on Tuesday and U.S. Treasury yields fell as oil prices fell amid fears over inflation and slowing economic growth in the world. US Treasuries rallied, with the yield on the … Read more

Black hole hunters cast gaze at center of the Milky Way galaxy

Black hole hunters cast gaze at center of the Milky Way galaxy

WASHINGTON, May 10 (Reuters) – Residing at the center of our spiral-shaped galaxy, the Milky Way, is a beast – a supermassive black hole possessing 4 million times the mass of our sun and consuming all material, including the gas, dust and stars wandering in its immense gravitational pull. Scientists used the Event Horizon Telescope … Read more

Wall St ends lower as investors await further earnings cues

Wall St ends lower as investors await further earnings cues

Bank of America boosts the S&P 500 Twitter wins after adopting ‘poison pill’ Didi to meet on US delisting plans, stocks fall Indices down: Dow 0.11%, S&P 0.02%, Nasdaq 0.14% April 18 (Reuters) – U.S. stocks closed lower on Monday after a session in which all three benchmarks slid between positive and negative territory as … Read more

Oil rises on news EU may phase in a ban on Russian oil imports

Oil rises on news EU may phase in a ban on Russian oil imports

Workers walk as oil pumps are seen in the background at the Uzen oil and gas field in the Mangistau region of Kazakhstan November 13, 2021. REUTERS/Pavel Mikheyev Join now for FREE unlimited access to Reuters.com Register HOUSTON, April 14 — Oil prices stabilized on Thursday after an early decline as investors hedged short positions … Read more

BlackRock’s Newest Investment Paves The Way For Digital Assets On Wall Street

BlackRock’s Newest Investment Paves The Way For Digital Assets On Wall Street

Larry Fink thinks the Russian-Ukrainian war could accelerate the use of digital currencies © 2020 Bloomberg Finance L.P. Five years ago, BlackRock Chairman Larry Fink called bitcoin an “index of money laundering.” In the years since, the world’s largest asset manager, which manages some $10 trillion in client funds, has largely stayed away from digital … Read more

Oil slips on uncertainty over Russia sanctions, demand in China

Oil slips on uncertainty over Russia sanctions, demand in China

A gasoline pump hangs from the ceiling of a gas station in Seoul June 27, 2011. REUTERS/Jo Yong-Hak/File Photo Join now for FREE unlimited access to Reuters.com Register April 7 (Reuters) – Oil prices fell after rising earlier in Thursday’s session amid uncertainty over the euro zone’s ability to effectively sanction Russian energy exports, and … Read more

Stocks slip, Treasury yields rise as investors digest Fed signals

Stocks slip, Treasury yields rise as investors digest Fed signals

US stocks fall in late morning 10-year Treasury yields rise China and Hong Kong stocks fall as Shanghai battles COVID-19 NEW YORK, April 7 (Reuters) – Stock indices fell and benchmark U.S. Treasury yields rose on Thursday as investors digested hawkish signals from the Federal Reserve and the U.S. dollar index held steady. Minutes released … Read more