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Author Archives: Top News Editor

Cryptocurrency Daily Roundup

The bloodbath in the cryptocurrency market extended into Wednesday with severe declines in both prices and market capitalization. Going with the flow, the BitConnect coin tanked more than 90 percent as the company said it’s shutting down its platform and ...

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Cryptocurrency Daily Roundup

South Korean authorities have slightly eased their stance against cryptocurrencies as recent comments from the government suggested that a proposed ban on digital currency exchanges is not likely in the near future. The Singapore central bank chief was positive regarding ...

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Cryptocurrency Daily Roundup

Cryptocurrency prices have rebounded after the fears of a severe crackdown by South Korean authorities waned as comment’s from the country’s finance minister suggested that the proposal to ban digital currency exchanges need more consultations and would take lot of ...

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UK Retail Sales Fall Most Since Mid 2016

UK retail sales in December declined more-than-expected from the previous month when consumers were lured by Black Friday promotions, data from the Office for National Statistics revealed Friday. Retail sales volume dropped by a more-than-expected 1.5 percent from November, when ...

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Cryptocurrency Daily Roundup

Bitcoin has staged a strong recovery from the cryptocurrency market bloodbath witnessed over the past few days that was triggered by concerns over the possibility of stringent regulation in South Korea and China. The leading cryptocurrency moved above $11,000 Thursday ...

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Ripple Revealed

Ripple is one of the most popular cryptocurrencies in South Korea, a leading market for cryptocurrencies, where both young and old have been investing heavily in these currencies with the hope of making a quick profit. XRP has moved into ...

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Philly Fed Index Indicates Slower Growth In January

Growth in activity in the Philadelphia-area manufacturing sector slowed by more than anticipated in the month of January, the Federal Reserve Bank of Philadelphia revealed in a report on Thursday. The Philly Fed said its index for current manufacturing activity ...

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U.S. Weekly Jobless Claims Drop To Nearly 45-Year Low

First-time claims for U.S. unemployment benefits pulled back to their lowest level in nearly 45 years in the week ended January 13th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell ...

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