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1 Article
Source: Common Domain

Bitcoin prices on track for three-day skid

Wednesday 20:00 GMT

Bitcoin prices fell Wednesday, extending the slide that has seen the cryptocurrency fall 5% since making a three-week high above $3,700 last week.

Continue reading here: Embattled crypto exchange accidentally sent $370,000 of bitcoin to dead owner. Altcoins, or coins other than bitcoin, were trading mixed on Wednesday. The documents state the bitcoins were sent to Cotten’s cold wallet, which make them likely irretrievable since he was the only person with the password to that digital wallet.

1 Article
Source: Common Domain

Jerky trading sees dollar slide as economic data, trade remain in focus

Friday 15:26 GMT

The U.S. dollar was weaker Thursday in a volatile session that was marked by a round of weaker-than-expected economic data that briefly overshadowed optimism over U.S.-China trade talks.

The ICE U.S. Dollar Index DXY, -0.19% a measure of the currency against a basket of six major rivals, first flipped in to negative territory during Thursday’s session after retail sales data for December showed an unexpected 1.2% decline, the worst drop in nine years.

“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte