Author Archive

Oil rises more than 2% after Iran seizes British tanker

By |

Oil rises more than 2% after Iran seizes British tanker

By Noah Browning LONDON (Reuters) – Oil prices rose more than 2% on Monday on concerns that Iran’s seizure of a British tanker last week may lead to supply disruptions in the energy-rich Gulf. Brent crude futures climbed $1.41, or 2.26%, to $63.88 a barrel by 0840 GMT. West Texas Intermediate (WTI) crude futures were…

Read more »

Oil Prices Jump as Tension Rises in Strait of Hormuz

By |

Oil Prices Jump as Tension Rises in Strait of Hormuz

Investing.com – Oil prices traded sharply higher on Monday as tensions mounted between the U.K. and Iran, increasing fears of a disruption to oil supplies coming out of the Persian Gulf. New York-traded West Texas Intermediate crude futures rose 75 cents, or 1.4%, to $56.38 a barrel by 7:51 AM ET (11:51 GMT), although that was some…

Read more »

Cattolica, Consob: Dimensional Fund ha il 5% del capitale

By |

Cattolica, Consob: Dimensional Fund ha il 5% del capitale

MILANO (Reuters) – Dimensional Fund Advisors ha il 5,009% di Cattolica Assicurazioni nell’ambito della gestione discrezionale del risparmio. L’operazione, si legge negli aggiornamenti Consob sulle partecipazioni rilevanti, risale all’8 luglio.

Read more »

Bitcoin Surges Past $10,000, Other Crypto Prices Also Recover

By |

Bitcoin Surges Past $10,000, Other Crypto Prices Also Recover

Investing.com – Prices of Bitcoin and other major cryptocurrencies rebounded on Friday in Asia despite recent criticism of Facebook’s plans for its Libra coin. Bitcoin rose 5.2% to $10,499.4 by 1:05 AM ET (05:05 GMT). Ethereum gained 1.5% to $221.26, while XRP inched up 0.9% to 0.31800. Litecoin surged 6.9% to $99.128. While there wasn’t a clear reason for the bounce in…

Read more »

Bloomberg: U.S. Regulator Investigating BitMEX for Allowing Americans to Trade

By |

Bloomberg: U.S. Regulator Investigating BitMEX for Allowing Americans to Trade

United States regulator the Commodity Futures Trading Commission (CFTC) is reportedly investigating derivatives giant BitMEX. According to sources citing people familiar with the matter speaking to Bloomberg, the CFTC suspects that BitMEX, which is registered in the Seychelles, allowed U.S. residents to use its platform to trade. Continue Reading on Coin Telegraph

Read more »

Bundesbank Head Says Don’t Suppress ‘Innovative Concepts’ Like Libra

By |

Bundesbank Head Says Don’t Suppress ‘Innovative Concepts’ Like Libra

The head of Germany’s central bank Jens Weidmann spoke in favor of Facebook’s Libra during a recent G7 event. Weidmann, Bundesbank President and the Governing Council member of the European Central Bank, argued that global regulators should not suppress the project in its infancy, according to an email newsletter in a shared by eToro senior…

Read more »

US CFTC Investigates BitMex Crypto Exchange for Carrying US Traders Without Authorization

By |

US CFTC Investigates BitMex Crypto Exchange for Carrying US Traders Without Authorization

BitMex is under investigation from the US Commodities Futures Trading Commission, reported Bloomberg. The investigation aims to establish if BitMex carried US-based traders despite lacking the licenses. BitMex, a Seychelles-based exchange, is one of the most active Bitcoin (BTC) markets, often swaying the price due to the availability of high-leverage trading and futures markets. The CFTC considers BTC and…

Read more »

Bitcoin Price Rallies Above $10,000 and Consolidates

By |

Bitcoin Price Rallies Above $10,000 and Consolidates

(BTC) showed it would not stay long in the four-digit price territory, once again going for a gain of $1,000 in less than an hour. Late on July 18, BTC shot up from a low of around $9,300, vaulting the $10,500 range in one go. The leading coin stayed with those prices, avoiding the predicted…

Read more »

Bundesbank Head Says Don’t Suppress ‘Innovative Concepts’ Like Libra

By |

Bundesbank Head Says Don’t Suppress ‘Innovative Concepts’ Like Libra

The head of Germany’s central bank Jens Weidmann spoke in favor of Facebook’s Libra during a recent G7 event. Weidmann, Bundesbank President and the Governing Council member of the European Central Bank, argued that global regulators should not suppress the project in its infancy, according to an email newsletter in a shared by eToro senior…

Read more »

Mnuchin Ready for Short-Term Debt Cap Increase to Avoid Breach

By |

Mnuchin Ready for Short-Term Debt Cap Increase to Avoid Breach

(Bloomberg) — Treasury Secretary Steven Mnuchin signaled he would agree to a short-term debt limit increase if Congress can’t reach a long-term solution that includes a budget deal before its August recess. Mnuchin has said that under one of the Treasury Department’s most conservative estimates, the U.S. will be at risk of defaulting on payment…

Read more »