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Bitcoin falls 7.7% to $55,408

(Reuters) – Bitcoin, the world’s biggest and best-known cryptocurrency, dropped 7.7% to $55,408.08 on Sunday, losing $4,624.21 from its previous…

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EU drafts plan to delay decision on labelling gas a ‘green’ investment

(Reuters )- The European Union plans to delay a decision on whether to label natural gas power plants as a…

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Coinbase listing marks latest step in crypto’s march to the mainstream

KEY POINTS Coinbase is set to go public Wednesday, and investors are hailing it as a “watershed” moment for the…

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Bitcoin price surge may be driving up interest in China’s digital yuan, central bank says

KEY POINTS Interest in China’s digital yuan project could in part be driven by the surging price of bitcoin, said…

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Asia-Pacific shares mostly rise; Nomura stock continues slide following Monday tumble

KEY POINTS Japan’s retail sales declined 1.5% in February from a year earlier, according to a preliminary report released Tuesday…

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Dow slips from a record high, Apple and Microsoft lead losses

(CNBC)-U.S. stocks fell on Tuesday as major technology shares came under pressure again after the 10-year Treasury yield touched its…

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Xiaomi launches its first foldable phone and camera chip as it looks to challenge Samsung

KEY POINTS Xiaomi launched the Mi Mix Fold, its first foldable phone on Monday, as it looks to challenge Samsung.…

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As Wall Street reels, Archegos’ fire sale raises big questions about regulation

KEY POINTS Reports suggest that several banks had communicated with one another on the Archegos squeeze. Some proceeded to unload…

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