The bitcoin blockchain has officially forked, meaning that a subset of bitcoin miners have started to operate a different software to create a new blockchain, but one that shares a transaction history with bitcoin.
- Bitcoin Splits Into Two as Transaction Volumes Increase – Financial Times (subscription)
- Bitcoin Splits, But Clone Off to Slow Start – Reuters
The US dollar was steady, halting a recent losing streak as investors extended an unwinding of short bets on the currency, particularly against the New Zealand and the Canadian currencies.
This year has not been kind to the US dollar.
Sterling traded close to 11-month highs against a broadly weaker dollar, as investors focused on a two-day Bank of England meeting that should provide clues on whether interest rates could be hiked in coming months.
After the euro surged through a critical technical level last week, analysts who study charts to help guide their predictions are looking back to 2010 for perspective on how high it could rise.
The Hong Kong dollar has fallen to its weakest level since the China-inspired turmoil of January 2016 as abundant liquidity holds down interest rates in the Chinese territory.
It will take more than just rhetoric to tame Australian dollar bulls as the currency hovers near a two-year high.
So bad can the month of August be for Russians, there is even a Wikipedia page called “August Curse”.
CTAs have, generally, not been doing well in 2017, judging by the major indices that track their performance.
Back-up measures take shape after traders tire of ambiguity about Britain’s future outside EU.
For all their boastful talk of becoming technology companies, most banks still run on core systems installed in the 1970s and 1980s.
The national bank regulator is taking a first step toward changing the Volcker rule trading ban, according to people familiar with the matter, as regulators continue behind-the-scenes discussions about revamping the much-criticized regulation.
In a recent report, the Securities and Exchange Commission stated unequivocally that blockchain-powered digital tokens can be securities.
Banks may choose to redeploy resources in Asia or the US if they need to find up to $50bn (€42bn) in extra capital to support new European entities after the UK leaves the European Union.
Platforms consider becoming third-party operators of last look to separate the function from liquidity providers.
CME Group, the world’s biggest exchange operator by market value, is looking to the lucrative business of selling data to boost revenue, spawn new financial products, and change the way many futures contracts trade.
Deutsche Bank envisions shifting almost half its UK positions to the European continent over coming years as the lender’s Brexit plans take shape, people briefed on the matter said.
Former Traiana co-founder launches Access Fintech to lower the risk and cost of trying new technology.
The New Zealand dollar fell half a per cent against its US counterpart after second-quarter employment came in lower than expected.
The crown steadied near one-month lows reached in overnight trade against the euro due to positioning ahead of a likely interest rate hike at the Czech central bank’s meeting on Thursday.
The Canadian dollar lost ground against its US counterpart as oil prices fell from a two-month high, while the greenback stabilized a day after being pressured by political turmoil in Washington.