Tag: crypto
The Russian Ministry of Finance and the Central Bank are unable to reach an agreement on how to cope with the rise of cryptocurrency. Despite the central bank’s worries, Russia’s finance ministry is sticking to its intentions to deploy Bitcoin technology. The debate between the Ministry of Finance and the Bank of Russia heated up […]
Factory orders in the United States fell in December, while shipments increased. In December, new orders for American-made goods declined somewhat more than predicted, but manufacturing is still supported by businesses refilling stockpiles. Factory orders fell 0.4 % in December, according to the Commerce Department. Orders increased 1.8 % instead of 1.6 % as previously […]
European Forex news roundup: The Australian dollar maintains rises following a good jobs report. Forex news from the European morning session on Jan 20, 2022 It was a mostly calm session, with few headlines and few important economic releases to work with. The dollar is remaining somewhat mixed, but it was somewhat slow earlier on […]
A Chinese cryptocurrency fitness app has reportedly been placed under investigation for illegal fundraising practices and financial fraud. According to the report the market regulator in Changsha is investigating a fitness app that promised to reward users with cryptocurrency “candies” in exchange of being actvie. By clocking 4,000 steps a day for 45 days, users […]
Ripple partners with MoneyGram International Inc after blochain-technology company Ripple purhased a stake and entered a partnership for international money transfers. Ripple invested $30 million in shares and warrants at $4.10 a share and has an option to buy $20 million in additional shares or warrants at the same minimum price, according to a statement on […]
Cryptocurrency lending startup BlockFi has launched a crypto deposit account that provides compound interest. The accounts will support Ethereum and Bitcoin bearing 6 percent annual interest paid monthly in crypto, The company announced the news on Tuesday through a post published on its website. The firm said that BlockFi Interest Account (BIA) is now live […]
