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Author Archives: Top News Editor

UK Industrial Output Falls On Oil Extraction

UK industrial production declined in December as the closure of the Forties pipeline dampened oil and gas extraction, while manufacturing continued to expand for the eighth straight month. Industrial output contracted 1.3 percent month-on-month in December, which was the first ...

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Cryptocurrency Daily Roundup – Feb. 9

Forbes released its first-ever crypto-rich list and Ripple co-founder Chris Larsen emerged on the top. And Wikipedia’s blockchain rival is attracting investment from crypto investors. On the regulation front, it is Hong Kong that is talking tough on Friday, with ...

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Survey Shows 20% Cryptocurrency Owners Used Credit Cards

About a fifth of cryptocurrency owners bought the currency using their credit cards, according to a survey conducted by cryptocurrency news service CoinDesk. The survey among 3,000 people revealed that about 20 percent of the respondents were desperate enough to ...

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Bitcoin Steadily Gaining Lost Ground

Bitcoin is steadily gaining its lost ground and is trading in the green Thursday after a tumultuous week. The currency leapt more than 12 percent in Asian hours. As of 12.45 pm UTC (7.45 ET) on Thursday, Bitcoin was up ...

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BoE Maintains Status Quo; Signals Early Rate Hike

The Bank of England decided to stand pat on rates on “Super Thursday” as widely expected, but hinted at somewhat earlier- and deeper-than-expected rate hikes. The central bank raised its near-term growth projections, citing strengthening global growth, and forecast inflation ...

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Crypto Daily Roundup – Feb. 8

Japanese regulators are expanding their probe into more cryptocurrency exchanges after the massive hack of Coincheck and they are also planning to penalize violators. And all the doom-and-gloom comments did not have any effect on Bitcoin bulls including the famous ...

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