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Equities
Market Wrap: Bitcoin Jumps Past $9,400 Despite Weak July Volumes
A short rally popped bitcoin's price to $9.4K during what’s been a month of sluggish volumes.
Market Wrap: Bitcoin Flat at $9.4K but Investors Are Holding On
There is little to no excitement in the markets today with bitcoin staying steady, which has been the case for its overall price performance the past six weeks.
JPMorgan Analysts: Bitcoin Is Likely to Survive (as a Speculative Asset)
Bitcoin proved itself a resilient asset, if not a stable or useful currency, during March's global market meltdown, JPMorgan analysts told investors.
Bitcoin, Equities Markets Rally on Signs of Hope
"Looks like we're piggybacking on equities with some data possibly indicating virus peaking," says a trader of bitcoin's 5 percent jump Monday.
Australian Share Market Reveals Potential Storm for US Equities While Bitcoin Falls
The ASX fell sharply during its opening session Monday after Australia's Prime Minister announced drastic measures to curb the spread of coronavirus.
Dollar-Backed Stablecoins Are Holding Their Own Amid Coronavirus Chaos
As the global equities markets continue their free fall, stablecoins seem to be weathering the storm.
Paxos, Credit Suisse Claim First Blockchain-Based Settlement of US Equities
The Paxos Settlement Service has gone live, allowing for the simultaneous exchange of cash and a select number of U.S.-listed securities on the firm's own private version of ethereum.
Paxos Wins SEC 'No-Action' Letter to Settle Equities on a Blockchain
The SEC has granted Paxos a no-action letter letting it settle equities products on a private blockchain.