A recruitment ad by Amazon has stoked speculation the company may have a favourable view of cryptocurrencies. Photo: Artur Widak/NurPhoto via Getty Images Bitcoin (BTC-USD) and other cryptocurrencies surged higher on Monday morning, amid speculation that e-commerce giant Amazon (AMZN) could soon accept tokens as payment. Bitcoin was up 12% to $38,723 (£28,169) at just after 8am on Monday morning in London. It marked the cryptocurrency’s highest price in over a month. The rally was linked to… Source link

By Andrew Galbraith SHANGHAI (Reuters) – China and Hong Kong shares fell sharply to their lowest this year on Monday, as investor worries over government regulations battered stocks in the education, property and tech sectors. The searing sell-off sent Hong Kong-listed Scholar Education Group shares crashing more than 45%. Hong Kong stocks of New Oriental Education & Technology Group Inc plummeted more than 47% after the company’s U.S. shares lost over half of their value on Friday. The… Source link

In a political landscape that continues to roil with partisan bickering and hostility in Utah and across the country, finding even a small plot of common real estate is an increasingly remote prospect. But a new Pew Research survey found the reddest Republicans and bluest Democrats share a boogeyman they would all like to see reined in. U.S. Big Tech companies. And that’s a meme that hasn’t been missed by elected officials on both sides of the aisle who are engaged, at the highest… Source link

HONG KONG/SINGAPORE (Reuters) -Cryptocurrencies popped to the top of recent ranges on Monday as short sellers bailed out in the wake of a strong week and while traders hoped a handful of positive comments from influential investors might signal a turnaround in fragile sentiment. Bitcoin rose as far as 12.5% to hit $39,850, its highest since mid-June during the Asia session, while ether hit a three-week peak of $2,344. On the heels of bitcoin’s best week in almost three months, the move put… Source link

(Bloomberg) — Bitcoin soared on Monday to approach $40,000, a rally some attributed to traders exiting bets on declines as well as ongoing speculation over Amazon.com Inc.’s potential involvement in the cryptocurrency sector. The largest crypto rose as much as 15% to $39,681 before paring some of the climb to trade at about $38,600 as of 7 a.m. in London. Other virtual coins also rallied, including second-ranked Ether. “The extent of the jump was probably driven by over-leveraged… Source link

In this article, we discuss the 10 most-shorted stocks Reddit’s WallStreetBets is paying attention to. If you want to skip our detailed analysis of these stocks, go directly to the 5 Most-Shorted Stocks Reddit’s WallStreetBets Is Paying Attention To. Reddit forum WallStreetBets, with a user base of well over 10.7 million and growing, rose to prominence in the finance world after it was identified as a key social hub frequented by retail investors in the GameStop Corp. (NYSE: GME) and AMC… Source link

(Bloomberg) — Most Asian stocks rose early Monday after U.S. shares rallied to an all-time high on corporate earnings, though traders are also mulling China’s technology-sector crackdown and an upcoming Federal Reserve meeting. Japan jumped after reopening from a two-day holiday, Australia edged up and South Korea fluctuated. Futures slid in Hong Kong, where an index offering exposure to China’s internet giants is the world’s worst-performing major tech gauge. Beijing’s latest… Source link

The coming week will be the most important of this quarter’s earnings season — even if later weeks beat it on quantity, it will be nearly impossible to top this slate in terms of dollars and attention. That is because all of Big Tech will report, and those five companies — Google parent Alphabet Inc. GOOGL GOOG, e-commerce and cloud-computing powerhouse Amazon.com Inc. AMZN, iPhone maker Apple Inc. AAPL, … Source link

Are you intrigued by the possibility of using nuclear reactors to curb emissions, but worried about their water use and long-term safety? There might be an impending solution. LiveScience reports that China has outlined plans to build the first ‘clean’ commercial nuclear reactor using liquid thorium and molten salt. The first prototype reactor should be ready in August, with the first tests due in September. A full-scale commercial reactor should be ready by 2030. The technology should not… Source link

Japanese Airforce draw colorful Olympic rings in Tokyo sky The Japanese Air Force performed a colorful flyover over Tokyo ahead of the opening ceremony of the Olympics on July 23, officials said. Credit – uminomagu via Storyful Want to compete for the gold but didn’t get invited to participate in the Tokyo Olympics? Google has a way to make you feel like an athlete. The tech company unveiled its latest interactive web experience, Doodle Champion Island Games. The game… Source link