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INSIGHT- Oil drillers and Bitcoin miners bond over natural gas May 21 (Reuters) - On U.S. oil patches stretching along the Rockies and Great Plains, trailers hitched to trucks back up toward well pads to capture natural gas and convert it on the spot into electricity. The trailers - carrying pipes, generators and computers ...
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Dollar set for weekly loss as taper fears subside; crypto bounce loses steam The dollar hovered around recent lows on Friday and was set to notch a modest weekly drop as traders' concerns about taper talk in Federal Reserve minutes faded, though a pullback in commodity prices and nervousness about virus outbreaks kept losses in ...
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Dollar heads for weekly loss as taper fears ebb; crypto bounce loses steam The dollar hovered around recent lows on Friday and was set to notch a modest weekly drop as traders' concerns at taper talk in Federal Reserve minutes faded, though a pullback in commodity prices and nerves about virus outbreaks kept losses in check.
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Bitcoin, Ether Prices Continue Falling After China Spurs Regulatory Fears Cryptocurrency prices dropped Friday, extending the week's selloff, after new comments from the Chinese government spurred fears of a regulatory clampdown in a country where most bitcoins are created. Bitcoin fell 7% to $37,306 and ether declined 10% to ...
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Inside the Discovery-AT&T Deal: Cute Emails, a Big Loan and Now, a Media Giant In the predawn hours of April 1, David Zaslav, the chief executive of Discovery, arrived at a rented townhouse in Manhattan's Greenwich Village — decorated with photos of rock stars and one of the actor Steve McQueen in sunglasses holding a gun — to ...
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Crypto-Crash Autopsy Shows Billions Erased in Flash Liquidations Cryptocurrency markets are stabilizing after a $500 billion Bitcoin wipeout snuffed out a slew of speculative excesses that had been building for months. Signals across the virtual-currency complex show leveraged positions are getting flushed out while ...
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UPDATE 1-Hong Kong to restrict crypto exchanges to professional investors Governments and financial regulators around the world are still assessing whether and how they should regulate the cryptocurrency industry. Investor protection and preventing money laundering are particular concerns. Cryptocurrencies such as bitcoin and ...
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Stocks could be volatile in week ahead amid turbulence from cryptocurrency The plunge in bitcoin helped sour the mood for all risk assets, though the tech sector eked out a small gain for the past week. The Fed's preferred inflation measure, the personal consumption expenditures price index, will be released Friday. That report could ...
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China vows to crack down on bitcoin mining, trading activities The country will also clamp down on illegal activities in the securities market, and maintain the stability of stock, bond and forex markets, the committee said in a meeting chaired by Vice Premier Liu He.
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US manufacturing powers ahead; home sales drop to 10-month low Data firm IHS Markit said its flash U.S. manufacturing PMI increased to 61.5 in the first half of this month. That was the highest reading since October 2009, and followed a final reading of 60.5 in April. Economists polled by Reuters had forecast the index dipping ...
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