Archive

The Leading Cryptocurrency Stories for 28th Feb 2018

A news-based rally was seen in some crypto tokens, such as PIVX (release of core wallet), NEM (presentations in Australia, etc.,), VeChain (agreement with BMW) in the past two days. Overall the market is trying to consolidate and volatility has

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Coca-Cola Launches £10m Diet Coke Ad Campaign In UK

  A 20% y-o-y decline in the fiscal 2017 fourth-quarter revenue saw the stock of food and beverage company Coca-Cola (NYSE:KO) decline by about 5% to $44 in the past 10 days. However, efforts taken by the company to revive

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Solid Retail Sales Growth Turns Kiwi Dollar Bullish

  Lack of clarity on the future trade relationship with the EU has turned the Pound weak against the New Zealand dollar. The weakness continued despite a 0.5% fall in dairy prices to $3,623 per ton, during the recent auction

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The Leading Cryptocurrency Stories for 26th Feb 2018

The crypto market is again showing some signs of weakness. Barring Ethereum Classic, all other crypto tokens lost value last week. There were two reasons for the decline. Firstly, the Securities and Exchange Commission arrested Jon Montroll, founder of BitFunder

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3M Settles Minnesota’s Pollution Lawsuit For $850m

  Multinational conglomerate 3M Company (NYSE: MMM) has agreed to pay $850 million to the state of Minnesota to settle a lawsuit over water contamination by perflurochemicals (PFOA, PFOS, etc.), an ingredient used in the manufacture of Scotchgard fabric protector

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Aussie Remains Weak On Soft Wage Growth Data

  A rally in the price of iron ore to about $80 per ton is unable to stop the Aussie from declining against the US dollar in the past few days. In fact, Goldman Sachs has issued a bullish three

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The Leading Cryptocurrency Stories for 21st Feb 2018

The crypto currency market continues to march forward as more and more countries are sending out positive comments about blockchain technology and its likely impact on all the business sector. The week began with the news of Spain drafting a

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Intel Turns Bearish On Lawsuits Over Chip Flaws

  Earlier in January, the stock of semiconductor chip manufacturer Intel Corporation (NASDAQ: INTC) fell sharply, following the news that revealed that security researchers at Google’s Project Zero have identified severe flaws in processor chips, which form the core of

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Strong Housing Starts Data Turns Greenback Bullish

  The Canadian dollar has gained nearly 200 pips in the past ten days, following the release of US oil inventory data. The report from the Energy Information Administration (EIA) indicated that the US oil stocks increased by only 1.85

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The Leading Cryptocurrency Stories for 19th Feb 2018

The crypto currency market continues to steadily rise, despite some intraday downtrends that arise due to minor negative news. The most notable developments in the past few days include Swedish government’s short-listing (19 out of 40) of IOTA (IOT) crypto

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