Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Digital Currency

Tue, Dec 16, 2025 11:38 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: BTC/USD faces strong resistance around $465, break above targets $480/$500

Dec 18, 2015 06:20 am UTC| Technicals Digital Currency

Major resistance - $465 The pair is consolidating within narrow range between $465 and $436. It is currently trading around $446. Short term trend is still bullish as long as support $425 holds. Any break...

McKinsey Digs Deeper Into Blockchain Technology Adoption Challenges

Dec 18, 2015 05:51 am UTC| Digital Currency

The global financial sector is gradually opening up to blockchain the decentralized public ledger that powers the bitcoin. The technology has potential applications much beyond the digital currency it can track the...

McKinsey: Four Stages Of Blockchain Adoption In Capital Markets

Dec 18, 2015 04:58 am UTC| Digital Currency Research & Analysis

All that is being said about blockchain technology and its potential to revolutionize banking system seems to be already happening. The number of participating member banks in R3 blockchain consortium rose to 42, while...

Bitcoin might not change the world, but the blockchain that makes it work, might

Dec 18, 2015 01:15 am UTC| Digital Currency Technology

Digital cryptocurrencies like Bitcoin may have failed to unseat their more traditional rivals, but the technology that underpins Bitcoin may yet bring about a revolution in finance and other industries. This technology is...

Japan’s Financial Authority Progresses On Bitcoin Regulation

Dec 17, 2015 10:36 am UTC| Digital Currency Law

According to a latest report from Japan Times, a working group under Japans Financial System Council has compiled a draft proposal that focuses on regulating virtual currency businesses. Starting today, the working...

R3 Blockchain Consortium Grows To 42 Member Banks; Focus On Non-Bank Institutions To Start In January

Dec 17, 2015 10:01 am UTC| Digital Currency

Financial innovation company R3 announced today that it has concluded its distributed ledger bank membership round with the addition of 12 new banks, bringing the total number to 42. BMO Financial Group, Danske Bank,...

FxWirePro: BTC/EUR faces strong support around 400, good to buy at dips

Dec 17, 2015 09:37 am UTC| Technicals Digital Currency

BTC/EUR has declined till 403 and slightly recovered from that level. It is currently trading around 418. On the higher side minor resistance is around 425 and break above targets 400/422/441. The pairs major...

2431 2432 2433 2434 2435 2436 2437 2438 2439 2440

Economy

Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data

Most Asian currencies traded within a narrow range on Tuesday, while the U.S. dollar remained under pressure as investors stayed cautious ahead of several crucial U.S. economic indicators, starting with the nonfarm...

Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data

Gold and silver prices edged lower in Asian trading on Tuesday as investors booked profits after a strong rally, while global markets turned cautious ahead of critical U.S. economic data. The pullback comes after precious...

Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge

South Koreas central bank has pushed back against claims that excessive domestic liquidity is the main driver behind the weakening won and rising residential property prices, calling such arguments an overstatement. In a...

Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface

Australian consumer sentiment weakened sharply in early December, according to a private survey released on Tuesday, highlighting growing concerns about inflation and the broader economic outlook. The latest...

Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data

Wall Street futures edged lower on Monday evening as technology stocks remained under pressure following several weak sessions, while investors turned cautious ahead of critical US labor market and inflation data. Market...

Politics

European Leaders Tie Ukraine Territorial Decisions to Strong Security Guarantees

European leaders have agreed that any decisions regarding potential Ukrainian territorial concessions to Russia can only be considered once strong and credible security guarantees are firmly in place, according to a joint...

Sydney Bondi Beach Terror Attack Kills 16, Sparks Gun Law and Security Debate

Australian authorities are investigating a deadly mass shooting at a Hanukkah celebration near Sydneys Bondi Beach as a suspected act of terrorism inspired by Islamic State, marking the countrys worst mass shooting in...

Trump’s Rob Reiner Remarks Spark Bipartisan Outrage After Tragic Deaths

President Donald Trump is facing sharp bipartisan criticism after posting controversial remarks about actor and director Rob Reiner following the shocking deaths of Reiner and his wife, Michele Reiner. The comments, shared...

Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

Taiwans political crisis has intensified as President Lai Ching-te warned that the islands global credibility and economic competitiveness are at risk, urging parliament to withdraw a series of controversial laws opposed...

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push

Chinese artificial intelligence chip startup Biren Technology is preparing to launch a Hong Kong initial public offering (IPO) in the coming weeks, according to multiple sources familiar with the matter. The Shanghai-based...

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

SUPERFORTUNE, a web3 AI application incubated by Manta Network, has launched its first mobile application, expanding beyond crypto-native users into the global consumer market. The SUPERFORTUNE mobile app delivers...

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...