Goldman Sachs has spotted an odd way you could make money trading Bitcoin...
The analysts noted prices for shorter-dated Bitcoin futures on the CME exchange are cheaper than longer-date contracts.The findings indicate an arbitrage opportunity exists to generate returns higher...
View ArticleThe crazy volatility that has sent the Dow into an official correction could...
Market volatility has spiked since the US jobs report was released last Friday.Some point to a sharp acceleration in average hourly earnings as the catalyst, stoking concern that inflationary pressures...
View ArticleBillionaire Peter Thiel is building a panic room into his house in New...
Billionaire Peter Thiel was granted New Zealand citizenship in 2011.Since then, the PayPal cofounder has been regularly buying properties.Thiel bought a four-bedroom property in Queenstown for $4.8...
View ArticleHistory suggests the stock market will be rocky for a while
The Cboe Volatility Index climbed above 50 last Tuesday, one of the highest levels ever recorded.It could be a while before the calm that was in the markets returns, the Deutsche Bank strategists Jim...
View ArticleHere's the Feng Shui financial forecast for 2018, the Year of the Dog
The Chinese Year of Dog is a good time to be cautious when it comes to finances, according to this year’s CLSA Feng Shui Index.The guide, which farewells the Year of the Rooster, also includes top...
View ArticleThe Japanese yen is soaring
The Japanese yen is flying in Asia, hitting the highest level against the greenback since November 2016.The USD/JPY currently trades at 107.13, down 0.64% for the session, extending its slide from...
View ArticleWestern Union says it's testing transactions using Ripple technology
Western Union confirms its testing transactions using Ripple technology.So far there is nothing in the process that would be a "big unlock," CFO Raj Agrawal told Bloomberg.Ripple's XRP was up slightly...
View ArticleAustralian prime minister Malcolm Turnbull has banned ministers from having...
Australian prime minister Malcolm Turnbull has banned sexual relationships between ministers and their staff.The change in policy comes after the deputy PM Barnaby Joyce was revealed to be having an...
View ArticleThe South African rand is soaring on news President Jacob Zuma has resigned
South African President Jacob Zuma resigned on Tuesday night.In response, the rand hit its highest level in close to three years.The USD/ZAR currently trades 11.7062, down from a high of 14.5725 just...
View ArticleSouth Korean government official in charge of cryptocurrency crackdown found...
Jung Ki-joon, 52, suffered a suspected heart attack.Police have opened an investigation into his death.Ki-joon took on the job of coordinating South Korea's cryptocurrency regulation last year and had...
View ArticleHere's what to expect from all the biggest tech companies at Mobile World...
Mobile World Congress (MWC) starts on February 26 in Barcelona and runs through to March 1.Last year's event started excitedly with Greenpeace protestors scaling the building outside Samsung's press...
View ArticleAn Australian university has introduced a course that tries to explain...
RMIT University in Australia is offering an eight-week course on blockchain.Blockchain is the technology behind cryptocurrencies such as bitcoin.With recent growth in the cryptocurrency market, the...
View ArticleSomething unusual is going on with gold
The gold price has risen by more than 7% since mid-December, helped by a weaker US dollar.It fell by over 1.2% on Tuesday, however, its steepest decline since July.The Commonwealth Bank expects higher...
View Article14 hostels you won’t believe aren’t luxury hotels
Hostel booking site Hostelworld recently released its annual HOSCAR awards which finds the best hostels around the world.The hostels ranked using criteria such as value for money, facilities,...
View ArticleUS bond yields are on the charge and stocks don't like it one bit
US 10-year bond yields jumped following the release of the minutes of the Fed’s January interest rate meeting.They now sit just below 3% resulting in a rebound in the US dollar and late plunge in US...
View ArticleDow plunges at end of Wall Street trade
The Dow rose by more than 1% in morning trade, before falling 450 points to close 0.7% lowerAnalysts say the move was driven by the market re-interpreting the minutes from the US Fed’s January...
View ArticleChinese authorities have taken control of troubled insurer Anbang Insurance
China’s insurance regulator will lead a consortium of state-backed entities in a takeover of Anbang Insurance.The company is expected to continue operating, and the takeover period will run for one...
View Article'It's like winning the cosmic lottery': An amateur astronomer caught the...
An exploding star has been photographed for the first time ever.The chances of this actually happening are virtually nil.What's more — the pictures were taken by an amateur astronomer who was testing...
View Article'Fire and Fury' author Michael Wolff ended a live TV interview after question...
Michael Wolff abruptly left an interview with an Australian TV news program on Sunday after he was asked about his claims President Donald Trump was having an affair.Wolff suddenly appeared to be...
View ArticleThe self-proclaimed founder of bitcoin is being sued for billions in stolen...
Craig Wright, the Australian technology entrepreneur who once claimed to have been behind the creation of bitcoin, is being sued by the family of a dead former business partner.The family of Dave...
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