Brexit: UK pound has not crashed yet, but here's why it will probably suffer in years to come
Jan 14, 2021 04:56 am UTC| Investing
The Brexit deal has failed to have any major effect on the exchange rate of the pound since January 1. The pound has held steady against the US dollar at US$1.36 and has strengthened slightly against the euro to 1.12. This...
S. Korea approves Netherlands-based brokerage IMC to do business locally
Jan 13, 2021 23:28 pm UTC| Economy Business Investing
Netherlands-based brokerage house IMC was green-lighted by the Financial Services Commission (FSC) to operate a financial investment and brokerage business in South Korea on the condition that its subsidiary serves as a...
Why is Bitcoin's price at an all-time high? And how is its value determined?
Jan 06, 2021 02:01 am UTC| Economy Investing Digital Currency
Bitcoin continues to trade close to its all-time high reached this month. Its price is now around US $34,000 up about 77% over the past month and 305% over the past year. First launched in 2009 as a digital currency,...
Dec 30, 2020 00:14 am UTC| Economy Investing
On December 10, it finally happened. Instead of demanding an interest payment from the government in return for lending it money, a group of investors offered to pay the government in order to lend it money. Naturally...
Bitcoin Vault to introduce high-security system for crypto assets in Asia
Dec 23, 2020 22:59 pm UTC| Digital Currency Investing
Bitcoin Vault (BCTV) is seeking to make a foray into the Asian market with its new security system named the 3-Key Security Solution designed to help users protect their crypto assets from erroneous transactions and...
Copper hit fresh 7-year highs at 3.642, no signs of exhaustion seen
Dec 18, 2020 10:07 am UTC| Technicals Investing
COPPER chart - Trading View Copper was trading 0.38% higher on the day at 3.624 at around 09:45 GMT. The pair is extending previous months stellar performance and has gained over 5% on the month till...
Decentralised finance calls into question whether the crypto industry can ever be regulated
Dec 17, 2020 12:22 pm UTC| Investing Digital Currency
As stock markets around the world struggle through the pandemic, Bitcoin has seen a steady rise in its price. The cryptocurrency is steadily climbing back towards its all time high of US$20,000 (15,000) in 2017. While...
Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects