Bitmain IPO Put in Doubt by Hong Kong Financial Regulators

Bitmain IPO Put in Doubt by Hong Kong Financial RegulatorsHong Kong financial regulators are reluctant to back any crypto-related business at this moment in time while proper rules are being drafted to regulate initial public offerings (IPOs). The news might have a serious knock-on effect on the application of the Bitmain IPO and other related

US-China Trade Deal Moving Well, Could Stock Market Rebound in 2019?

US-China Trade Deal Moving Well, Could Stock Market Rebound in 2019?The trade war between the United States and China has placed immense pressure on the stock market of both countries since mid-2018. With a new trade agreement in the works, China-U.S. relations are expected to improve in the months to come. U.S. President Donald Trump

First to Worst: Bitcoin Ridiculed as Most Disastrous Investment of 2018

First to Worst: Bitcoin Ridiculed as Most Disastrous Investment of 2018FinExpertiza, a network of Russian auditing and consulting firms, has lambasted Bitcoin as the least profitable investment instrument in 2018. Russian newspaper Rossiyskaya Gazeta requested a report on the investment ranking of 14 instruments from FinExpertiza. While precious metal palladium turned out to be the most

UBS Director Blames Trump White House for Dow Jones Sell-Off

UBS Director Blames Trump White House for Dow Jones Sell-OffArt Cashin, managing director of trading floor operations for investment firm UBS Financial Services, has firmly blamed United States President Donald Trump for the stock market volatility that caused the recent Dow Jones Industrial Average sell-off. Veteran stock market trader Cashin blamed the latest government shutdown