Market Overview - Page 574

Japanese cryptocurrency exchange Zaif was the victim of a major hack last week, local media sources have reported and the company has now confirmed. The hack, which occurred on Sept. 14 but was not discovered until Sept. 17, saw the.

China plans to reduce the average tariff rate on imports from most of its trading partners as soon as October, Bloomberg News reported on Thursday. In July, China cut import tariffs on almost 1,500 consumer products ranging from cosmetics to.

American markets ended trading on Wednesday with a slight increase. Asian bourses also experienced growth at the opening, but it was quickly replaced by increased pressure. As a result, at the time of writing Nikkei225 loses 0.6%, Heng Seng has.

A division of PNC Financial Services Group Inc (PNC.N) will use technology built by startup Ripple to process international payments, the companies said on Wednesday, a possible precursor to the use of blockchain in mainstream finance. PNC Treasury Management will.

The dollar index fluctuates close to 94.0, near the lower bound of the trading range for the last three months. EURUSD is at 1.1690, after another unsuccessful attempt to take the resistance at 1.1700 earlier today. Bullish: EU leaders are.

Although the global economy has been undergoing a sustained period of synchronized growth, it will inevitably lose steam as unsustainable fiscal policies in the US start to phase out. Come 2020, the stage will be set for another downturn –.

Several cryptocurrency exchanges are plagued by poor market surveillance, pervasive conflicts of interest and lack sufficient customer protections, the New York Attorney General’s office said in a report published on Tuesday. The study found that online platforms where virtual currencies.

Bitcoin, like gold, is often considered as a store of value with no correlation to the broader financial market. It moves independently of traditional assets and commodities, which allows Bitcoin to operate as a reliable store of value in times.

The prices of Ethereum (ETH) and Ripple (XRP) have surged by more than 10 percent in the past five minutes, despite the lack of momentum of major cryptocurrencies like Bitcoin. A spike in the volume of both XRP and ETH.

The price of ether (ETH), the world’s second-largest cryptocurrency by market capitalization, sank nearly $30 today, effectively erasing half of the 35 percent rally recorded last week. At press time, ETH is trading across exchanges at an average price of.

It’s been a year since the PBoC issued a blanket ban on all ICOs, outlawing it as an illegal practice of fundraising. In its notice today, the central bank heralded the ban as a success, stating: “[T]he global share of.

While Apple Inc. and the smartwatch business is safe from the latest tariffs the Trump administration enacted against China, there are many other potential areas of tech that could be hurt by the levies on $200 billion in Chinese goods..