China Orders Ant Group, State Banks to Root Out Cryptocurrency-Related Activities
China’s central bank ordered the country’s largest banks and payment processors to take a more active role in curbing cryptocurrency trading and related…
Browsing Tag
Commodity/Financial Market News
Facebook, Alphabet Keep Rising; Apple, Netflix Fade
Big tech stocks are going their own ways in 2021.It is a far cry from last year, when the so-called FAANG stocks took a commanding role in a market driven by…
Why Crime Could Kill Crypto
The strongest argument against cryptocurrencies used to be that they had yet to show they were much good for anything. Now the strongest argument against…
DraftKings Shares Fall After Hindenburg Unveils Short Position
Shares of DraftKings Inc. slid as much as 12% on Tuesday after short seller Hindenburg Research said that the sports-betting firm’s gambling-technology…
Bitcoin on the Balance Sheet Is an Accounting Headache for Tesla, Others
Elon Musk’s
curious
Twitter
war with bitcoin is expected to hit
Tesla…
Tech Crackdown Hits Chinese Stocks, Just Not in China
China’s tech crackdown is mostly affecting firms listed outside the country, helping to create a big performance gap between onshore and offshore Chinese…
MicroStrategy to Sell New Bitcoin Bond
MicroStrategy Inc.
MSTR -3.07%
is borrowing $400 million in junk bonds to buy more bitcoins, adding to…
Bitcoin Price Slips on Elon Musk’s Breakup Meme Tweet
Bitcoin, dogecoin and other cryptocurrencies skidded Friday, extending their monthlong rout, following another cryptic tweet from
Elon Musk.…