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CoinDesk, 1/1/0001 12:00 AM PST The price of bitcoin rose above $1,400 today, setting a new all-time high. |
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CoinDesk, 1/1/0001 12:00 AM PST Bitcoin startup 21 Inc is opening its '21 Lists' paid email product up to the wider public today. |
Business Insider, 1/1/0001 12:00 AM PST The Australian dollar is climbing ahead of the Reserve Bank of Australia's Tuesday meeting. The Aussie dollar is up by 0.4% at .7521 per US dollar as of 7:43 a.m. ET. At Tuesday's meeting, the RBA is expected to hold its key rate at 1.50%. It's been on hold for nine months. As for the rest of the world, it's pretty quiet out there as of 7:46 a.m. ET. Markets around much of the world are closed for May Day:
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Business Insider, 1/1/0001 12:00 AM PST Bitcoin is at another fresh all-time high. Early buying ran the cryptocurrency above the $1,400 mark for the first time ever, but it has since pared those gains. As of 7:17 a.m. ET it trades up 4.1%, or $54.55, at $1,370 a coin. Monday's advance comes with no specific catalyst, but has trade on track for its 10th gain in 11 sessions. Bitcoin has been moving higer over much of the past week following news that the US Securities and Exchange Commission will reconsider the Winklevoss ETF. Back in March, the SEC rejected plans for two bitcoin ETFs, saying it "is disapproving this proposed rule change because it does not find the proposal to be consistent with Section 6(b)(5) of the Exchange Act, which requires, among other things, that the rules of a national securities exchange be designed to prevent fraudulent and manipulative acts and practices and to protect investors and the public interest." Bitcoin has had a wild start to 2017. It gained 20% in the opening week of the year before crashing 35% on fears China would crack down on trading. Since then, it has rallied more than 80%, shrugging off the crack down in China, the SEC's rejection of two bitcoin ETFs, and fears developers could set up a "hard fork" that would split the cryptocurrency in two. Not all of the news surrounding bitcoin has been negative. At the beginning of April, Japan's financial regulators said that bitcoin was now a legal payment method in the country, and days later Russia said it would consider bitcoin and other cryptocurrencies in 2018. Bitcoin has been the top-performing currency every year since 2010, aside from 2014. It's up about 44% so far this year.
SEE ALSO: We bought and sold bitcoin — here's how it works |
Business Insider, 1/1/0001 12:00 AM PST Here is what you need to know. Congress has a budget deal. The deal, which has bi-partisan support, will fund the government through September 30, Reuters says. It must still be approved by both the House and the Senate. China's manufacturing slows. China's manufacturing PMI slowed to 51.2 in April, its weakest in six months, Reuters says, citing data from the National Bureau of Statistics. The latest French election poll shows Macron with a comfortable lead. Centerist Emmanuel Macron holds a 61% to 39% lead over far-right candidate Marine Le Len, according to a tweet by Bloomberg Paris Bureau Chief Geraldine Amiel, citing an Opinionway poll released on Monday. Macau gaming revenue jumps. Revenue jumped 16.3% to 20.2 billion patacas ($2.52 billion), coming in at the upper range of the 13% to 17% growth that analysts were expecting, Reuters says. Bitcoin soars to an all-time high. The cryptocurrency hit an all-time high of $1,422.68 a coin early Monday. Currently, it's up $49, or 3.8%, near $1,354 a coin. Bloomberg and Twitter are teaming up for a streaming news. The two companies have hammered out a deal for a 24 hours a day, seven days a week, streaming news service that will be broadcast on Twitter, the Wall Street Journal reports. 21st Century Fox and Blackstone are reportedly trying to team up to buy Tribune. Details of the attempted bid, which was first reported by the Financial Times, are unknown. Stock markets around much of the world are closed for Labor Day. The S&P 500 is set to open down 0.2% near 2,384. Earnings reports flow. Dish and Loews report ahead of the opening bell while AMD and Texas Roadhouse are among the names releasing their quarterly results after market close. US economic data is moderate. Personal income and spending will be released at 8:30 a.m. ET before Markit US manufacturing and ISM manufacturing cross the wires at 9:45 a.m. ET and 10 a.m. ET, respectively. The US 10-year yield is up 2 basis points at 2.30%. |
Business Insider, 1/1/0001 12:00 AM PST Here is what you need to know. Congress has a budget deal. The deal, which has bi-partisan support, will fund the government through September 30, Reuters says. It must still be approved by both the House and the Senate. China's manufacturing slows. China's manufacturing PMI slowed to 51.2 in April, its weakest in six months, Reuters says, citing data from the National Bureau of Statistics. The latest French election poll shows Macron with a comfortable lead. Centrist Emmanuel Macron holds a 61% to 39% lead over far-right candidate Marine Le Len, according to a tweet by Bloomberg Paris Bureau Chief Geraldine Amiel, citing an Opinionway poll released on Monday. Macau gaming revenue jumps. Revenue jumped 16.3% to 20.2 billion patacas ($2.52 billion), coming in at the upper range of the 13% to 17% growth that analysts were expecting, Reuters says. Bitcoin soars to an all-time high. The cryptocurrency hit an all-time high of $1,422.68 a coin early Monday. Currently, it's up $49, or 3.8%, near $1,354 a coin. Bloomberg and Twitter are teaming up for a streaming news. The two companies have hammered out a deal for a 24 hours a day, seven days a week, streaming news service that will be broadcast on Twitter, the Wall Street Journal reports. 21st Century Fox and Blackstone are reportedly trying to team up to buy Tribune. Details of the attempted bid, which was first reported by the Financial Times, are unknown. Stock markets around much of the world are closed for Labor Day. The S&P 500 is set to open down 0.2% near 2,384. Earnings reports flow. Dish and Loews report ahead of the opening bell while AMD and Texas Roadhouse are among the names releasing their quarterly results after market close. US economic data is moderate. Personal income and spending will be released at 8:30 a.m. ET before Markit US manufacturing and ISM manufacturing cross the wires at 9:45 a.m. ET and 10 a.m. ET, respectively. The US 10-year yield is up 2 basis points at 2.30%. |