Bitcoin falls further to $46,126 as bears embrace cryptos on January 6, 2022The cryptocurrency market continued trading bearish on Wednesday, with market capitalisation shedding 0.4 percent more to reach $2.35 trillion. As of 1320 hours GMT, the largest cryptocurrency Bitcoin’s price went down by 0.77 percent to $46,126. With this decrease in price, the market capitalisation of the biggest crypto has reached $872 billion. Ether, the world’s […]
Gold price dips to Rs102,200 per 10g on January 5, 2022Gold prices lowered on Tuesday amid higher US Treasury bond yields and stronger dollar after falling sharply a day earlier. As of 1240 hours GMT, gold in the international market was available at $1,800.20 per ounce, shedding $1.20. Gold faced the overnight sharp retracement slide from the $1,830-32 region – the highest level since November […]
EU moves to label nuclear, gas energy as ‘green’ on January 3, 2022The European Union is planning to label energy from nuclear power and natural gas as “green” sources for investment despite internal disagreement over whether they truly qualify as sustainable options. The proposal, seen by AFP on Saturday, aims to support the 27-nation bloc’s shift towards a carbon-neutral future and gild its credentials as a global […]
Dutch to get first female finance minister on January 2, 2022Dutch politician Sigrid Kaag said Friday she is set to be the new finance minister, becoming the first woman to head the treasury in the country that leads Europe’s so-called frugal group. Kaag’s progressive D66 party has seized the key role in Prime Minister Mark Rutte’s new cabinet, which is due to be sworn in […]
Euro marks 20 eventful years on January 2, 2022The euro on Saturday marked 20 years since people began to use the single European currency, overcoming initial doubts, price concerns and a debt crisis to spread across the region. European Commission chief Ursula von der Leyen called the euro “a true symbol for the strength of Europe” while European Central Bank President Christine Lagarde […]
Gold price rises to Rs103,700 per 10g on January 1, 2022Gold turned bullish on Friday, hitting a five-week high, though 2021 is set to be its worst year since 2015. Gold in the international market was available at $1,825.90 per ounce, gaining $11.40 as of 1400 hours GMT. The price of 10 grams of yellow metal in Pakistan, meanwhile, went up to Rs103,600 after gaining […]
Bitcoin flirts with $48,000 mark in mixed trade on January 1, 2022The cryptocurrency market remained mixed on Friday, with market capitalisation gaining 0.8 percent to reach $2.38 trillion. As of 1300 hours GMT, the largest cryptocurrency Bitcoin’s price went up by 0.65 percent to $47,940. With this increase in price, the market capitalisation of the biggest crypto has reached $906.8 billion. During the session, Bitcoin crossed […]
Gold price surges to Rs103,500 per 10g on December 31, 2021Gold failed to regain its traction on Thursday despite the 10-year US Treasury-bond yield going down during the session. Gold in the international market was available at $1,802.40 per ounce, shedding $2.40 as of 1315 hours GMT. The price of 10 grams of yellow metal in Pakistan, meanwhile, went up to Rs103,500 after gaining Rs600. […]
Bitcoin edges up to $47,575 as cryptos make gains on December 31, 2021The cryptocurrencies recovered from Wednesday’s shock, with market capitalisation improving to $2.35 trillion as of 1230 hours GMT on Thursday. The largest cryptocurrency Bitcoin’s price went up by 1.46 percent to $47,575. With this increase in price, the market capitalisation of the biggest crypto has reached $899.8 billion. Ether, the world’s second-largest cryptocurrency by market […]
Bitcoin falls to $49,027 as cryptos turn bearish on December 29, 2021The cryptocurrency market turned bearish on Tuesday, with market capitalisation shedding 3.3 percent to reach $2.44 trillion. As of 1100 hours GMT, the largest cryptocurrency Bitcoin’s price went down by 3.61 percent to $49,027. With this decrease in price, the market capitalisation of the biggest crypto has reached $927 billion. Ether, the world’s second-largest cryptocurrency […]