Watching the Pennies Excessively? Pound Falls from Two-Month High as UK Retail Sales Disappoint

The British pound fell from its two-month high early Friday as fears of a no-deal exit from the European Union rescinded. After hitting the $1.3000 mark on Thursday, the sterling pound is now trading around the $1.2940 level. While the sterling had hovered above the $1.2965 mark since the New York close, the decline accelerated

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Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 2018

Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 20182018 was a crazy year for cryptocurrency enthusiasts as markets dropped significantly in value, but there were still plenty of sensational headlines to capture attention in a period when digital currency news coverage changed drastically. According to statistics from Cryptocompare and alternative research from other sources, media crypto narratives have evolved rapidly. Also read: Openbazaar’s New […]

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Bitmain’s Chip Supplier Saw a ‘Big Drop’ in Crypto Mining Sales Last Year

Taiwan Semiconductor Manufacturing Company Limited, who provides chips to Bitcoin mining giant Bitmain, says that 2018 saw a downturn in demand for crypto mining chips. In a recent conference call with investors, TSMC CEO C. C. Wei said that cryptocurrency had previously accounted for “a lot” of the company’s orders, but that it had gone

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Elon Musk under Fire: Why GM Could Pass Tesla as Most Valuable US Car Maker

Billionaire Elon Musk must be feeling the heat now that General Motors appears on track to surpass Tesla to become the most valuable US car maker for 2019. Tesla’s stock price plunged more than 12% Friday (Jan. 18) on heavy trading volume — suggesting a sell-off is in the making. As of this writing, TSLA shares

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