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

Become a contributor

Bookmark Econotimes

Digital Currency

Mon, Sep 14, 2026 10:22 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

SEC Files Charges Against Joshua Garza For Running GAW, ZenMiner Scams

Dec 02, 2015 10:00 am UTC| Digital Currency Law

The Securities and Exchange Commission (SEC) on Tuesday charged two Connecticut-based Bitcoin mining companies GAW Miners and ZenMiner, and their founder Homero Joshua Garza for operating a Ponzi scheme. The SEC...

FxWirePro: BTC/EUR faces strong support around $320, good to buy at dips

Dec 02, 2015 08:44 am UTC| Technicals Digital Currency

BTC/EUR has made a high of 363 and declined till 328 from that level. Intraday trend is still bullish as long as support 325 holds. On the higher side major resistance is around 363 (Jul 2015 high) and break above...

FxWirePro: BTC/USD faces strong support around $340, good to buy at dips

Dec 02, 2015 07:47 am UTC| Technicals Digital Currency

BTC/USD has broken minor trend line support $365 and declined till $348 and it is currently trading at $353. Intraday trend is bullish as long as support $340 holds. Any break below $340 will drag the pair further...

BitPesa Awaits Kenyan Court Ruling Against Safaricom

Dec 02, 2015 07:40 am UTC| Digital Currency

BitPesa, a Kenya-based bitcoin remittance startup, and Lipisha, an automated mobile payments company, have filed a lawsuit against the countrys leading mobile operator Safaricom alleging that it intimidated Lipisha,...

Bitcoin Price Likely To Test $680 levels in 2016

Dec 01, 2015 09:24 am UTC| Digital Currency

Bitcoin price has come into limelight following the recent price movement. BTC/USD soared to $502 levels last month, later dropped to $294 levels and has been moving northwards again. Continuing its upward trend from the...

Report: Central Bank Of Barbados Should Consider Including Bitcoin In Its Reserve Mix

Dec 01, 2015 09:24 am UTC| Digital Currency Central Banks

Two economists, Winston Moore and Jeremy Stephen, have discussed whether cryptocurrencies should be included in the portfolio of international reserves held by the Central Bank of Barbados in a recent paper, CoinDesk...

FxWirePro: BTC/USD faces intraday support around $360, good to buy at dips

Dec 01, 2015 07:31 am UTC| Digital Currency

BTC/USD has made a high of $383 and slightly retreated from that level. It is currently trading around $376. Intraday trend is bullish as long as support $360 holds. Any break below $360 will drag the pair further...

2651 2652 2653 2654 2655 2656 2657 2658 2659 2660

Economy

Dollar Rises as Fed Hike Bets Weigh on Asian Currencies

Asian currencies weakened against the U.S. dollar on Monday as investors raised expectations for a Federal Reserve interest rate hike this week. The Japanese yen remained close to a seven-month high as traders also...

BOJ Flags Import Costs and Yen Shocks as Persistent Inflation Risks

The Bank of Japan is increasingly concerned that rising import costs and currency fluctuations can trigger sharp inflation in Japan, suggesting these supply-driven price pressures should play a greater role in monetary...

Asian Stocks Fall as AI Fears and Oil Surge Hit Markets

Asian stocks declined on Monday as concerns over a potential slowdown in artificial intelligence development pressured technology shares, while oil prices above $100 a barrel fueled inflation fears and expectations for...

Hormuz Vessel Traffic Drops to Single Digits

Commodity vessel traffic through the Strait of Hormuz dropped to single-digit daily levels over the weekend, highlighting growing disruption to one of the worlds most important energy and shipping routes. Preliminary...

Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise

Goldman Sachs now expects the Federal Reserve to raise interest rates by 25 basis points at its September meeting, reversing its previous forecast for no change as inflation concerns intensify across U.S. financial...

Politics

Trump Open to Chinese Automakers Building Cars in US

President Donald Trump said he would not oppose Chinese automakers opening manufacturing plants in the United States, provided they build vehicles domestically and employ American workers. If China wanted to come in and...

Trump Touts $5,000 Checks if Republicans Win Congress

President Donald Trump said the United States could afford to send $5,000 payments to every American adult if Republicans retain control of Congress in this years elections, though lawmakers said the proposal would require...

Takaichi-Backed Koja Wins Okinawa Governor Race

A candidate supported by Japanese Prime Minister Sanae Takaichis government has won the Okinawa gubernatorial election, potentially clearing the way for Tokyo to expand its military presence across the strategically...

Philippines Holds Historic Bangsamoro Election Amid Tight Security

Voting began Monday in the Philippines Muslim-majority south in a landmark Bangsamoro election, with security tightened after pre-election violence left three people dead and 15 others wounded. The vote is considered a...

China’s Global Times Slams Anthropic CEO’s AI Slowdown Plan as ‘Cold War’ Strategy

Chinas state-backed Global Times has criticized Anthropic CEO Dario Amodeis proposal to slow the development of advanced artificial intelligence, arguing that the initiative reflects a U.S. Cold War playbook aimed at...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

SoftBank Shares Plunge 11% After OpenAI Rules Out 2026 IPO

SoftBank Group shares plunged on Monday as investors reacted to OpenAI CEO Sam Altman ruling out a public listing in 2026 and growing calls to slow the pace of artificial intelligence development. SoftBank (TYO: 9984)...

Z.AI Shares Slide 7% After $5 Billion Fundraising

Z.AI shares tumbled nearly 7% on Monday, reaching a 5-1/2-month low after the Chinese artificial intelligence company completed a roughly $5 billion fundraising package involving discounted new shares and convertible...

Anthropic Eyes Second Straight Profitable Quarter Ahead of Potential IPO

Anthropic expects to post positive adjusted operating income for a second consecutive quarter, signaling improving financial performance as the artificial intelligence company moves closer to a potential IPO, the Financial...

Trump Vows to Keep U.S. Ahead of China in AI Race

President Donald Trump said Sunday that the United States must maintain its artificial intelligence lead over China, pushing back against calls from prominent technology leaders to slow AI development amid growing safety...

Samsung, SK Hynix Reject KEPCO’s $18.7 Billion Power Funding Plan

Samsung Electronics and SK Hynix have rejected a proposal from Korea Electric Power Corp. (KEPCO) that would require the chipmakers to provide 25 trillion won ($18.7 billion) in upfront funding to secure electricity...