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Author Archives: Top News Editor

Crypto Weekly – Apr.6

Bitcoin kept sliding throughout the week after experiencing the much feared “death cross” over the holiday weekend, which was less destabilizing due to the apparently oversold position in the market. The top cryptocurrency failed to find support around $6,600 towards ...

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U.S. Job Growth Slows Much More Than Expected In March

After reporting a substantial increase in U.S. employment in the previous month, the Labor Department released a report on Friday showing job growth slowed by much more than anticipated in the month of March. The Labor Department said non-farm payroll ...

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German Industrial Output Falls Most Since 2015

Germany’s industrial production declined at the fastest pace in two-and-a-half years in February largely on weak construction activity. Industrial output dropped 1.6 percent month-on-month in February, in contrast to a revised 0.1 percent rise seen in January, data from Destatis ...

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Cryptocurrency Daily Roundup – Apr. 6

Bitcoin failed to find support around $6,600 and now risks drifting lower to 6,000 as concerns over regulation and taxation weigh on market sentiment. A crypto exchange in Japan, which used to be one of the biggest until a massive ...

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U.S. Trade Deficit Widens On Olympics Royalty Payment

A report released by the Commerce Department on Thursday showed the U.S. trade deficit widened by more than anticipated in the month of February. The Commerce Department said the trade deficit widened to $57.6 billion in February from a revised ...

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U.S. Jobless Claims Climb More Than Expected To 242,000

With the release of the more closely watched monthly jobs report looming, the Labor Department released a report on Thursday showing a bigger than expected increase in first-time claims for U.S. unemployment benefits in the week ended March 31st. Read ...

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Cryptocurrency Daily Roundup – Apr. 5

Cryptocurrencies are dealt another blow in one of their booming markets, this time in India where the central bank has slapped an immediate ban on banks from dealing with crypto investors and related firms. Meanwhile, South Korea announced plans to ...

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India’s Central Bank Maintains Status Quo

India’s central bank kept its key interest rates unchanged for the fourth straight meeting, on Thursday, and downgraded its inflation projections. At the first bi-monthly monetary policy session, the Monetary Policy Committee of the Reserve Bank of India decided to ...

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