currency markets
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U.S. trade deficit widens in January
The numbers: The nation’s trade deficit widened 1.9% to $68.2 billion in January, the Commerce Department said Friday. Economists polled…
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Bitcoin’s chances of hitting $100,000 in 2021 stumble as Kanye West tipped to buy $100m
The likelihood of bitcoin reaching $100,000 in value this year has fallen to 36% following a difficult week for the…
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Mark Mobius: Yep we’re in a bubble, especially in crypto
Mark Mobius, the veteran emerging markets investor, has warned a bubble is forming in certain parts of the global financial…
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Here’s how bitcoin could become the preferred unit for global trading, says Citigroup
Bitcoin has reached a “tipping point” that could see it either be adopted as the preferred currency for international trade…
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Should I buy bitcoin? Why the cryptocurrency is on the verge of a bear market
Bitcoin was on the brink of entering a bear market Tuesday as the volatile crypto asset suffered a double-digit plunge…
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Tesla’s $1.5bn crypto bet triggers companies to explore bitcoin
Companies are starting to express interest in bitcoin as a long-term investment, following in the footsteps of listed giants such…
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Treasury’s Yellen criticizes bitcoin again as ‘inefficient’ and highly speculative
Bitcoin keeps going up in value and setting records, but U.S. Treasury Secretary Janet Yellen is not as high as…
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SkyBridge’s Anthony Scaramucci sees bitcoin nearly doubling to $100,000 before year-end
Anthony Scaramucci, founder of hedge fund SkyBridge Capital, told CNBC on Wednesday that he sees ferocious demand and limited supply…
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Billionaire Jeff Gundlach says bitcoin beats gold as ‘stimulus asset’
A long-time gold bull and prominent investor Jeffrey Gundlach has had his head turned by cryptoassets, after noting that bitcoin…
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