Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge

Cryptoverse: After Merge, ether heads for a  billion Shanghai splurge

Souvenir tokens representing cryptocurrency networks Bitcoin, Ethereum, Dogecoin and Ripple plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 20 (Reuters) – The Merge came, saw and conquered. Not that you’d guess from crypto prices. The Ethereum blockchain’s mega-upgrade finally went … Read more

Bitcoin falls below $19,000 as cryptos creak under rate hike risk

Bitcoin falls below ,000 as cryptos creak under rate hike risk

Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Sept 19 (Reuters) – Cryptocurrencies fell to fresh lows on Monday on regulatory concerns and as investors globally turned shy on risky assets with interest rate rises looming around the world. Bitcoin , the biggest cryptocurrency by market value, fell about 5% to a three-month … Read more

Adobe builds collaborative design muscle with $20 bln deal for Figma

Adobe builds collaborative design muscle with  bln deal for Figma

Adobe logo is seen on smartphone in this illustration taken June 13, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept 15 (Reuters) – Adobe Inc will buy startup Figma for about $20 billion in its biggest deal, the Photoshop maker said on Thursday, bulking up on applications that support online … Read more

Cryptoverse: Ether snaps at bitcoin’s heels in race for crypto crown

Cryptoverse: Ether snaps at bitcoin’s heels in race for crypto crown

Souvenir tokens representing cryptocurrency Bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Sept 13 (Reuters) – For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may … Read more

Explainer: Understanding Ethereum’s major ‘Merge’ upgrade

Explainer: Understanding Ethereum’s major ‘Merge’ upgrade

A representations of cryptocurrency Ethereum is seen in front of a stock graph and U.S. dollar in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 9 (Reuters) – Ethereum, the blockchain that underpins the world’s second-largest crypto token ether, will soon undergo a major … Read more

U.S. bank regulator warns of crisis risk from fintech proliferation

U.S. bank regulator warns of crisis risk from fintech proliferation

Representations of cryptocurrencies in this illustration taken January 24, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 7 (Reuters) – The rise of fintech services and digital banking could spur financial risks and potentially a crisis over the long term, Michael Hsu, Acting Comptroller of the Currency, a … Read more

Wall Street ends in a hole after Powell’s Wyoming speech

Wall Street ends in a hole after Powell’s Wyoming speech

Fed will keep tightening until inflation controlled – Powell Core PCE increases 0.1% in July vs. 0.6% rise in June Dell, Affirm tumble on weaker forecasts Indexes down: Dow 3.03%, S&P 3.37%, Nasdaq 3.94% Lower for the week: Dow 4.2%, S&P 4%, Nasdaq 4.4% Aug 26 (Reuters) – Wall Street ended Friday with all three … Read more

Tesla shares slip as 3-1 stock split kicks in

Tesla shares slip as 3-1 stock split kicks in

Aug 25 (Reuters) – Tesla Inc’s (TSLA.O) shares slipped on Thursday as a three-for-one stock split announced by the world’s most valuable automaker to woo retail investors took effect. Shares of the electric-car maker, led by Elon Musk, opened at $302 and dipped to $293 in early trading. Tesla’s second stock split in as many … Read more

Sudden crypto drop sends bitcoin to three-week low

Sudden crypto drop sends bitcoin to three-week low

Representations of cryptocurrencies are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Aug 19 (Reuters) – Cryptocurrencies fell sharply on Friday, with sudden selling dragging bitcoin to a three-week low. Bitcoin fell as much as 7.7% to $21,404 over a few minutes during the … Read more

Cryptoverse: Electric ether leaps on verge of Merge

Cryptoverse: Electric ether leaps on verge of Merge

Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 16 (Reuters) – It looks like ethereum’s mega-upgrade is happening. Finally. After years of delays, the “Merge” seems all but certain to take place in September, … Read more