Bitcoin Is One of the Few Things Surging in a Sea of Losses

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financial markets, Bitcoin is still flashing green. The biggest cryptocurrency climbed as much as 5.4 percent Tuesday to $9,412, the highest since March 7. Bitcoin has gained 20 percent in the past week and 37 percent in April, on track … Continued

Venezuela’s Currency Is Doing Even Worse Than Previously Thought

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Venezuela’s currency is worth even less than previously believed, with new trackers of the black-market rate showing deep discounts compared with the long-standing benchmark gauge. Rates from the widely watched Dolartoday.com, known for arousing President Nicolas Maduro’s ire on state … Continued

Feds John Williams Goes to New York Heavy on Economics, Light on Markets

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He will make up part of Chairman Powell’s powerful policy trio Now-San Francisco Fed president is holistically nonconformist Fed’s Williams Shifts to N.Y. as Powell Shapes Policy Troika Williams’s quirks — his obsessions also include video games and Elvis Costello … Continued

Asia Stocks Gain After U.S. Rebound on Trade Hopes: Markets Wrap

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S&P 500 index climbs back from 1.6% drop to close up 1.2% Haven demand faded on optimism U.S., China will negotiate left the door open for a negotiated solution to avoid tariff proposals that wouldn’t take effect for months. Federal … Continued

Floyd Mayweather-Backed Coin Promoters Hit With Criminal Charges

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Centra Tech founders illegally sold securities, U.S. says SEC says they relied on celebrity endorsements, social media Read more: http://www.bloomberg.com/news/articles/2018-04-02/floyd-mayweather-backed-coin-promoters-hit-with-criminal-charges