TOKYO—Bitcoin hovered near six-month highs on Monday in anticipation of the listing of the first futures-based bitcoin exchange-traded funds (ETF) in the United States, which investors hope will boost cryptocurrency trading volumes. If the U.S. Securities and Exchange Commission (SEC) does not object, the ProShares Bitcoin Strategy ETF completes a 75-day period since the fund…
Bitcoin Hovers Near 6-Month High on ETF Hopes, Inflation Worries
Bitcoin Tops $60,000, Nears Record High, on Growing US ETF Hopes
LONDON/HONG KONG—Bitcoin hit $60,000 for the first time in six months on Friday, nearing its record high, as traders grew confident that U.S. regulators would approve the launch of an exchange-traded fund (ETF) based on its futures contracts. Cryptocurrency investors have been waiting for approval of the first U.S. ETF for bitcoin, whose recent rally…
Dollar Near One-Year High Ahead of Fed Meeting Minutes
LONDON—The dollar held near a one-year high versus major peers on Wednesday, amid rising expectations the Federal Reserve will announce a tapering of stimulus next month, potentially following with interest rate hikes by mid-2022. Three Fed policymakers said on Tuesday that the U.S. economy has healed enough to begin to scale back the central bank’s…
Oil Nears Three-Year High on Energy Crunch Fears
LONDON—Oil rose towards $84 a barrel on Tuesday, within sight of a three-year high, supported by a rebound in global demand that is contributing to energy shortages in big economies such as China. With demand growing as economies recover from pandemic lows, the Organization of the Petroleum Exporting Countries (OPEC) and allied producers, collectively known…
Oil Retreats From Multi-Year Highs After US Stock Build
NEW YORK—Oil prices dropped nearly 2 percent on Wednesday after hitting a multi-year highs, taking a breather from its torrid gains of late after U.S. crude inventories rose unexpectedly. The latest surge in the price of crude had been underpinned by the refusal of the Organization of the Petroleum Exporting Countries and allies to boost…
Dollar Inches Toward One-Year High as Payrolls Test Looms
LONDON—The U.S. dollar edged back toward a one-year high versus major peers on Tuesday ahead of a key payrolls report at the end of the week that could boost the case for the Federal Reserve to start tapering stimulus as soon as next month. The safe-haven greenback was also supported by an equity sell-off that…
The 3 Things You Can Do Today to Lower Blood Pressure Tomorrow
If you’ve got high blood pressure or are concerned about it getting high, take a bit of comfort in knowing that blood pressure is not permanent. High blood pressure today can be low in the future if you’re willing to put in some work. The three essential parts to managing or reducing high blood pressure…
Bitcoin Down Almost 50 Percent From Year’s High
Bitcoin fell 13 percent on Sunday after the world’s biggest and best-known cryptocurrency suffered another sell-off that left it down nearly 50 percent from the year’s high. Bitcoin fell to $32,601 at 1800 GMT (2 p.m. ET), losing $4,899.54 from its previous close. It hit a high for the year of $64,895.22 on April 14. Ether,…
India Reports 6-Month High of COVID-19 Daily Infections Amid New Curbs
BENGALURU—India reported 81,466 new COVID-19 infections on Friday, the highest daily number in six months, as several states were hit by a second wave of the coronavirus. Health ministry data showed the total number of cases surged to 12.3 million. The number of those dead rose by 469 to 163,396. Vaccination drives have been intensified…
India Braces for COVID-19 Curbs as Infections Hit 6-month High
MUMBAI—India’s biggest cities braced for stricter lockdowns and other COVID-19 curbs on Saturday as infections hit a six-month high, as a month-long surge continued in the country. India’s richest state, Maharashtra, accounted for more than half of the 89,129 new cases reported by the national health ministry in the last 24 hours, with a record…
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