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Monthly archive February, 2018

Japan GDP Expands 0.1% On Quarter In Q4

Japan's gross domestic product added a seasonally adjusted 0.1 percent on quarter in the fourth quarter of 2017, the Cabinet Office said in Wednesday's preliminary reading.Original Article Read More →

New Jersey Issues Cease And Desist Order To Bitstrade

Authorities in New Jersey have issued a cease and desist order to a digital currency investment fund called 'Bitstrade.' New Jersey Attorney General Gurbir S. Grewal and the Division of Consumer Affairs announced that the Bureau of Securities issued an Read More →

US equities rebound after 2 yr lows; USD is pulling back

US Dollar sells off as US equities stage a comeback following last week’s equity prices decline where prices went to levels last seen in 2016. The sell-off is being attributed to concerns over the rising interest rates in the US.

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Abu Dhabi Mulls Regulatory Regime For Cryptocurrency Exchanges

Abu Dhabi, the capital city of the United Arab Emirates, announced that it is planning to establish a regulatory framework for the virtual currency exchanges and intermediaries. The Abu Dhabi Global Market is an international financial centre set up in Read More →

Everipedia, Blockchain Rival To Wikipedia, Raises $30 Mln From Novogratz

Everipedia, which is a blockchain-based rival to the popular all volunteer-contributed online encyclopedia Wikipedia, has raised $30 million equity funding from former Wall Street macro trader Mike Novogratz's "crypto merchant bank". On February 8, Everipedia announced that it had received Read More →

Russia Cuts Rates, Signals Additional Reduction

Russia's central bank decided to slash its key interest rate again, and hinted more easing in the coming months as slowdown in inflation is forecast to continue in the first half of the year. The Board of Directors of Bank Read More →