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Bitcoin is priced at $8,696.80 with Ethereum down at $620, and XRP at $0.77.Hope of a speedy recovery to $10,000 now seems unlikely, and one of PayPal's founders has described the technology as, "a colossal pump-and-dump scheme, the likes of which the world has...
No time to read the papers? Read our 60-second roundup of today's business market headlines.Barclays slips to a loss after £1.4bn misconduct charge in the US sees the bank's chance of a profit wiped outHigh street bank Barclays saw 'substantial' losses in the first...
British investment bank Barclays Plc reported on Thursday a loss per share of 4.2 pence in the first fiscal quarter of 2018, compared to earnings per share of 1.3 pence in the same period last year. The company's revenue stood at £5.3 billion, a...
Welcome back to our top 5 at 5 cryptocurrency price update.What goes up must come down folks... Cryptocurrencies have received a bit of a beating today with Bitcoin dropping over $600 and Ripple, Ethereum and Bitcoin Cash following suit.At the time of writing Bitcoin...
No time to read the papers? Read our 60-second roundup of today's business market headlines.Lloyds sees profits jump nearly a quarter despite taking yet another hit from PPI compensationLloyds Banking Group has made a good start to 2018 with a near-quarter rise in profits...
Following a sharp fall of stock value in major United States markets during Tuesday's session, Bitcoin accelerated its rally jumping as much as 7% to trade above the 9,500 mark. Meanwhile, its spinoff Bitcoin Cash was sliding over 2%, after a weekly rise of...
Welcome back to our top 5 at 5 cryptocurrency price update.All aboard the crypto train. Cryptocurrencies received a boost today after a key survey by Reuters supplied the best evidence yet that City banks, hedge funds and investors are warming to the idea of...
No time to read the papers? Read our 60-second roundup of today's business market headlines.Santander UK suffers 21% profit hit after facing higher costs and increased competition as customers search out better interest ratesSpanish-owned bank Santander saw its UK profits fall by 21 per...
Cryptocurrencies continued to rally on Monday as Bitcoin Cash soared over 140% since April 6, when it traded for $600, to reach a two-month high of $1,458.The latest surge was fueled by the Bitcoin spin-off currency's scheduled hard fork. Bitcoin Cash is set to split on...
Welcome back to our top 5 at 5 cryptocurrency price update.It has been a mixed day for the cryptocurrency market. Bitcoin has fallen after briefly touching the $9k mark last night. Bitcoin Cash continues marching on while Ripple has also had a dip after reaching...
All major cryptocurrencies traded in the green on Monday with Bitcoin Cash soaring over 80% in value this past week, trading much higher than all other digital currencies.Meanwhile, Bitcoin surpassed the $9,000 mark over the weekend after spending a month in the $8,000 to...
Welcome back to our top 5 at 5 cryptocurrency price update.It has been a positive day for the cryptocurrency market. Bitcoin has seen a $275 gain, Ripple has made new highs and Bitcoin Cash has broken $1,000.At the time of writing Bitcoin stands at $8,485.70...
No time to read the papers? Read our 60-second roundup of today's business market headlines.Barclays boss Jes Staley faces a fine from the financial watchdogs for trying to track down identity of whistleblowerBarclays boss Jes Staley faces a fine for trying to identify a...
A positive trend continues to be seen in the cryptocurrency market, as all top 10 cryptos gained over the past 24 hours.Bitcoin continues to climb above the $8,000 mark, trading over $8,330 at the time of writing. So far Ripple has the largest gains,...
Gold prices edged down early on Friday as global political tensions eased, but expectations for rising inflation supported demand for the safe-haven asset."Uncertainty has decreased somewhat. Geopolitical worries, trade risk have moved to the background," said commodity strategist Georgette Boele at ABN AMRO in Amsterdam.Spot gold...
Markets in Europe closed mixed on Thursday as investors digest the latest batch of corporate earnings. Swiss pharmaceutical company Novartis and food and drink giant Nestle reported their results, as well as British-Dutch consumers goods company Unilever. In data, retail sales figures for the United Kingdom indicated a 1.2% drop in...
Welcome back to our top 5 at 5 cryptocurrency price update.It has been a sea of green today with Bitcoin seeing a $225 gain. At the time of writing Bitcoin stands at $8,228.20 up 2.24%. Earlier today Bloomberg reported that a couple of economists came to...
Barclays is eyeing a move into cryptocurrency trading, following US rival Goldman Sachs in the fast-emerging field.The British bank has sounded out potential clients about setting up a cryptocurrency trading desk, in what would be a first for a European investment bank.According to a...
No time to read the papers? Read our 60-second roundup of today's market headlines.Debenhams' revamp fails to pay off as profits plunge 85% and dividend payout is slashed by more than halfDebenhams has reported plunging profits in the first half of its financial year...
Welcome back to our top 5 at 5 cryptocurrency price update.Not a lot has changed since our previous update, a few hours ago.Bitcoin Cash is still leading the way with a 6.71 % jump, at the time of writing price currently stands at $836.77. Bitcoin...
Investors sent the main equity indexes in the US slightly higher on Wednesday after Morgan Stanley smashed expectations with its results for the first quarter, while U.S. Bancorp's diluted earnings per share jumped 17% on an annual scale. United Airlines' figures also outperformed expectations.The...
Bitcoin Cash and Ripple are making good ground this morning.At the time of writing, Bitcoin Cash stands at $833.12 up 6.20%, while Ripple is nudging towards an important key resistance at $0.7000. Ripple is currently testing $0.69 and is up 2.27% on the day.In...
No time to read the papers? Read our 60-second round up of today's market headlines.Hammerson U-turns on £3.4 billion Intu takeover as it's scared off by rising numbers of shop closures and volatile stock marketShopping centre giant Hammerson has urged shareholders to vote against...
Talking Points:Stocks closed higher once again. Fears around trade war or geopolitical concerns have faded. UK's wage data posted its best level since 2015.There is one strong force driving the equity markets higher on Wall Street - the stellar earning season. Stocks closed...
Welcome back to our top 5 at 5 cryptocurrency price update.It has been a positive day for cryptocurrencies overall. Bitcoin is hanging above $8,000 after coming under some selling pressure earlier in the day. The price at 17:00 GMT is $8,087, up 1.6% while Ethereum...
Cryptocurrency wallet service Blockchain hired Breanne Madigan, a former Goldman Sachs executive, in order to help the crypto platform's presence with international clients, the company said on Tuesday.After serving as chief of international wealth services at the investment bank, Madigan will take the lead...
No time to read the papers? Read our 60-second round up of today's market headlines.Primark owner ABF predicts it will bounce back after bout of bad weather slashes sales Budget fashion chain Primark has seen sales growth plummet as the retailer became the latest to...
Welcome back to our top 5 cryptocurrency price update.Bitcoin is back below $8,000 after falling from its weekend high of $8,339. Bitcoin price at 17:00 GMT sits at $7,958 down 3.59% on the day while Ethereum remains above $500.Nigel Green, CEO of deVere Group,...
No time to read the papers? Read our 60-second round up of today's market headlines.So where did it all go wrong for Sir Martin Sorrell? £500m WPP ad man dramatically ends his 33-year career Sir Martin Sorrell’s sensational departure from the advertising giant he founded...
It seems the love cryptocurrencies received yesterday has faded.Bitcoin is back below $8,000 floating near $7,988 at 17:35 GMT, down 1.78% on the day while Ethereum has ducked below $500 to $495, down 3.98%.Ripple, having had a 19% jump yesterday, is down 7.57% to...