Category: Business

btc

Bitcoin futures what you need to know

Bitcoin futures make their debut on Sunday, and like everything else surrounding cryptocurrencies, they are the subject of fierce debate. Digital currency mavens are convinced the advent of an exchange-traded product will transform bitcoin, providing a venue for professional traders and institutional investors to enter and legitimize the market. Critics, including some within the futures […]

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Bitcoin

Bitcoin: Seven questions you were too embarrassed to ask

What’s a bitcoin? How do I get some? What’s it good for? Ars explains the basics. Bitcoin’s price hit a new record this week, soaring above $11,000 on Wednesday morning. The price has been a roller coaster since then, with the price briefly dropping to $9,000 later on Wednesday before regaining much of its lost value […]

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Netflix

Netflix and Facebook among JPMorgan’s favorite internet stock ideas for 2018

JPMorgan analyst Doug Anmuth shares his top internet stock ideas in a note to clients Friday. “Netflix continues to be our top growth pick into 2018, as we believe NFLX has considerable room to increase its sub base [and its] shares are less well owned relative to the other FANG names,” he writes. Internet stocks […]

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Stocks Drop as Tech Selloff Resumes; Dollar Steady: Markets Wrap

European stocks dropped at the start of the last month of 2017 as a selloff in technology shares resumed. The dollar edged lower and Treasuries gained after tax reform efforts in the U.S. stumbled. The Stoxx Europe 600 Index fell to a two-week low, with all but one of the 19 industry sectors turning red. […]

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Bitcoin

Bitcoin slides amid rollercoaster ride

The price of digital currency Bitcoin has fallen sharply in a period of wild trading since it passed the $11,000 mark a day ago. Bitcoin is now around $9,600, down about 16% from the record $11,434 (£8,500) it hit on Wednesday. The digital currency is used by some people to pay for things online, but […]

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U.S

US personal income rose 0.4% in Oct, vs 0.3% increase expected

U.S. consumer spending slowed in October as the hurricane-related boost to motor vehicle purchases faded. Underlying price pressures pushed higher for a second straight month, suggesting a recent disinflationary trend has probably run its course. Personal income rose 0.4 percent last month after advancing by the same margin in September. U.S. consumer spending slowed in […]

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