Asia markets swing as traders focus on Fed meeting

Asian markets swung in and out of positive territory on Wednesday as investors brushed off another record close on Wall Street and looked ahead of the Federal Reserve’s latest policy meeting. The Dow and S&P 500 clocked up another day of all-time highs, lifted by financials ahead of an expected interest rate hike by the Fed,… Please follow and like us:

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Bitcoin rises in debut as SEC warns on digital money

Bitcoin experienced some big swings but finished higher in its debut on a major exchange Monday, while a leading US securities regulator warned investors about the risks of cryptocurrencies. Bitcoin futures for January delivery finished at $18,850.00 near 2115 GMT on its first full day of trading, a bit below session peaks but soaring well past… Please follow and like us:

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Ever-volatile bitcoin is embraced by Wall Street

Bitcoin’s stratospheric rise this week follows the digital currency’s embrace by mainstream trading platforms and is seen by some in finance as normal growing pains often experienced by innovative technologies. After starting the year at around $1,000, bitcoin, which first appeared in 2008, on Wednesday surged as high as $11,434 before promptly falling 15 percent. Near… Please follow and like us:

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