Chipmakers continue to feel hangover from US export ban October 11, 2022 SHARES in chipmakers continued to tumble today, as the sector feel the hangover of Washington’s decision to limit chip exports to China. Adding fuel to the US-China tech war on Friday, President Joe Biden blocked American firms from selling chips for use in AI and supercomputers in China. He said these curbs were aimed at [...]
Bitcoin and Ethereum lose gains after strong jobs numbers in US October 11, 2022 Bitcoin is changing hands for $19,081 this morning - down by more than four per cent over the last seven days.
Beneath the hysteria, there is a real opportunity for a growing British economy October 11, 2022 Britain could be at the brink of a massive turnaround, but you wouldn’t know it if you were to pick up most newspapers. As all corners decry a brewing crisis, there are also generational opportunities we’ve missed in the eye of the furore. The bulk of Liz Truss’ package is almost undebatable – capping energy [...]
Crypto markets still moving sideways in waiting game for inflation signals October 10, 2022 Most cryptocurrencies continue to trade sideways in what has historically been a strong month for the price of Bitcoin.
Trust the code, not the confused October 7, 2022 Rufus Round, CEO of GlobalBlock says political systems need to adapt to the crypto and digital assets technology heading their way.
Stronger than expected US job growth plunges pound against dollar October 7, 2022 The pound slipped 0.3 per cent against the dollar at $1.113 this afternoon after US labour figures suggested stronger than expected jobs growth. US employers added 263,000 jobs in September as the country’s unemployment rate dropped to 3.5 per cent, figures from the Bureau of Labour Statistics show. Economists polled by Reuters had previously expected US [...]
Dustin Johnson could bank record $22m prize money at LIV Golf event in Bangkok October 6, 2022 A row over world ranking points may be dominating the agenda ahead of this weekend’s LIV Golf Invitational in Bangkok but by the end of it all the talk could be about Dustin Johnson and the biggest prize money payout in the history of the sport. Johnson stands to bank $22m (£20m) in total if [...]
Cryptocurrency prices hold their nerve as all eyes turn on the Fed’s next move October 6, 2022 The price of Bitcoin has grown roughly 4.5% in the last week, while Ethereum has followed in its tracks with upward movement of 3%.
Outrageous raging inflation, and the distortion of CPI October 5, 2022 This week, Dr Chris Kacher pours scorn on CPI while speculating on what might happen if quantitive easing is introduced again.
Optimism in the air as Bitcoin creeps closer to $20k October 4, 2022 There’s been a general upward trend in cryptocurrency prices over the last 24 hours, with Bitcoin up 3.7% and trading at $19,891 this morning.