Bitcoin Investors Concerned As It Takes A Massive Plunge
For many Bitcoin investors, last week was a pretty stunning week as the cryptocurrency finally stopped its rise and started its price correction. From a stunning $20,000 high, it has dropped to $13,333. That is a 45% loss in value.
Read MoreUK Public Finances Grow Stronger Even As Tax Revenues Rise
The British budget deficit went down in November due to robust income from tax revenues. The trend has kept British finance minister Philip Hammond on track to meet his new fiscal targets. The Office of National Statistics reports that public
Read MoreNorth Korean Hackers Focusing On Growing CyberCurrency Market
South Korean researchers are sounding the alarm on recent North Korean cyber-attacks. North Korea has a special group of hackers that are endorsed by the government and have made it a habit in the past to hack websites to steal
Read MoreSEC Chief Urges Cryptocurrency Investors To Exercise Caution
US Securities and Exchange Commission (SEC) Chairman Jay Clayton released a statement this week, warning everyone who are currently trading and interested in the exchange of initial coin offerings (ICOs) to exercise extreme caution when dealing with cryptocurrencies. While cryptocurrency
Read MoreIMF Stress Test Warns China Of Potential $280bn Capital Shortfall
The International Monetary Fund (IMF) completed its first comprehensive review of China’s financial system after six years and found that China banks must increase their capital buffers, lest they face a capital shortfall in a sudden economic crash. The stress
Read MoreSingapore Beats USA As No1 Destination For Chinese Investments
The United States has been the number one investment destination for top Chinese companies and wealthy investors for a long time. The U.S has lost that position to Singapore this year based on the latest report from the Economist Intelligence
Read More
