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Tag Archives: Market

Bitcoin suffers dramatic price plunge in Asia

Tokyo, Japan | AFP | Bitcoin prices plunged about 15 percent in Asian trade Wednesday before recouping some of the losses as investors apparently took fright at news that a South Korean exchange had been hacked. The unit, which hit a record $19,500 at the start of the week, took a …

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COMMENT: The abnormality of oil

Why inflation and monetary-policy adjustments by central banks might not impact its price COMMENT | JIM O’NEIL | Writing about oil prices is always risky. In a January 2015, I suggested that oil prices would not continue to fall, and even predicted that they would “finish the year higher than they …

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Bitcoin tops $18,000 in debut on major bourse

New York, United States | AFP | Bitcoin surged past $18,000 after it began trading on its first major global exchange Sunday, the latest in a series of highs that have excited some investors while leaving others nervous of a bubble. Trading of the controversial digital currency on a futures contract …

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Bitcoin futures launch sparks excitement, warnings

New York, United States | AFP | Bitcoin makes its debut on a major exchange Sunday, a milestone for the digital currency that has some investors excited but others nervous. The Cboe Futures Exchange in Chicago will open trading in bitcoin futures at 2300 GMT on Sunday, a move that is …

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