Bitcoin extended gains on Tuesday to a record high as the afterglow of Tesla Inc's investment in the cryptocurrency had investors reckoning it would become a mainstream asset class for both corporates and money managers.
Bitcoin extended gains on Tuesday to a record high as the afterglow of Tesla Inc's investment in the cryptocurrency had investors reckoning it would become a mainstream asset class for both corporates and money managers.
Japanese shares closed higher for a third straight session, after hitting fresh 30-year highs, as strong corporate results and progress in vaccine rollouts raised expectations of a quick economic recovery.
Auto sales in China, the world's biggest market, surged in January with a 30% jump from the same month a year earlier, the tenth month of gains, as China continued to lead the global automobile industry's recovery from the COVID-19 pandemic.
Asian stock markets rose on Tuesday after a record-setting day on Wall Street, while bitcoin paused for breath after an overnight endorsement from Tesla Inc sent the cryptocurrency up 20%. Oil also hit 13-month highs, helped by rising optimism about a return in fuel demand.
The dollar slumped to its lowest in a week on Tuesday as investors began entertaining doubts about the scale of a recent rally driven by expectations of a faster pandemic recovery in the United States than elsewhere.
Asian stock markets rose on Tuesday after a record-setting day on Wall Street, while Bitcoin paused for breath after an overnight endorsement from Tesla Inc sent the cryptocurrency up 20%.
Are These The Best Tech Stocks To Buy This Week?Tech stocks have certainly thrived in the market. These stocks have brought returns that surpassed the broader market in the last few years. If anything, the industry has shown unrivaled resilience and has shown no signs of stopping
Gold prices inched up on Tuesday, as a weaker dollar and hopes of a massive U.S. stimulus package to support the virus-stricken economy boosted the precious metal's appeal.
The dollar languished near its lowest in a week on Tuesday as investors began entertaining doubts about the scale of a recent rally driven by expectations of a faster pandemic recovery in the United States than elsewhere.
Tesla Inc expects to allow customers to pay for its electric vehicles with bitcoin soon, the automaker said on Monday [nL4N2KE3BF], a move that could expand how the most popular cryptocurrency is used for real-world transactions.
Chinese electric-vehicle (EV) start-up Byton is in talks to go public via a merger with a special purpose acquisition company (SPAC), Reuters reported on Monday.Byton is in talks with several SPACs and potential investors about the plan, which could see the company going public l
Apple Inc has a "clear opportunity" to offer a buying and selling mechanism for cryptocurrencies, a move that would allow the company to immediately gain market share, according to a research report on Monday from RBC Capital Markets.
NEW YORK (Reuters Breakingviews) - Elon Musk is never shy of creating a bit more disruption. The entrepreneur’s $808 billion electric-car company, Tesla, said on Monday that it has put $1.5 billion into bitcoin and may soon acce
All three major indexes kicked off the new week with record closes, as Wall Street stayed hot to start 2021. Treasury Secretary Janet Yellen's calls for additional Covid-19 stimulus -- while also adding that emergency relief could help the U.S. go back to full employm
Tesla (NASDAQ: TSLA) made a game-changing disclosure on Monday.The electric-vehicle (EV) leader purchased $1.5 billion worth of bitcoin (CRYPTO: BTC) in a move that could bring legitimacy to the digital currency markets and pave the way for more companies to adopt the cryptoasset
Wall Street reached all-time closing highs on Monday as investor optimism was stoked by prospects of a speedier economic recovery from the global health crisis, driven by increased stimulus and an accelerated vaccine rollout.
What happenedThe price of bitcoin (CRYPTO: BTC) surged to all-time highs early Monday morning, causing stocks like fintech company Square (NYSE: SQ) to rise as well. Square stock rose 8% for the session.
Wall Street set record closing highs on Monday as stimulus prospects and ongoing vaccine deployment boosted investor optimism over the pace of economic recovery from the pandemic recession.