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cryptocurrencies-011818.jpg A cryptocurrency is a digital asset that works on a medium that uses cryptography, the science of hiding information from prying eyes, to secure its transactions, creation, and verification.

Ripple-011818.jpg Ripple is one of the most popular cryptocurrencies in South Korea, a leading market for cryptocurrencies, where both young and old have been investing heavily in these currencies with the hope of making a quick profit. XRP has moved into the top five cryptocurrencies by market capitalization on CoinMarketCap amid their dramatic rise over the last year.

PhiladelphiaFed-011818.jpg Growth in activity in the Philadelphia-area manufacturing sector slowed by more than anticipated in the month of January, the Federal Reserve Bank of Philadelphia revealed in a report on Thursday. The Philly Fed said its index for current manufacturing activity in the region slid to 22.2 in January.

Housingstarts-US-011818.jpg A report released by the Commerce Department on Thursday showed a steep drop in new residential construction in the U.S. in the month of December. The report said housing starts tumbled by 8.2 percent to an annual rate of 1.192 million in December.

Joblessclaims-US-011818.jpg First-time claims for U.S. unemployment benefits pulled back to their lowest level in nearly 45 years in the week ended January 13th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 220,000.

Growth in activity in the Philadelphia-area manufacturing sector slowed by more than anticipated in the month of January, the Federal Reserve Bank of Philadelphia revealed in a report on Thursday.

A report released by the Commerce Department on Thursday showed a steep drop in new residential construction in the U.S. in the month of December.

First-time claims for U.S. unemployment benefits pulled back by more than expected in the week ended January 13th, according to a report released by the Labor Department on Thursday.

bitcoin1-011818.jpg Bitcoin was the wonderkid of the financial markets in 2017 with the price of the cryptocurrency, once dismissed as something reserved for the geeks, cryptography enthusiasts and the darknet, skyrocketing to unprecedented levels, alternating with several nosedives.

The Bank of Canada on Wednesday raised its key interest rate by 0.25 basis points to 1.25%, as expected. However, the BoC sounded its deepening concerns that a breakdown in trade relations with the U.S. and Mexico could de-rail the Canadian economy. "Recent data have been strong, inflation is...

cryptocurrencies2-011718.jpg The bloodbath in the cryptocurrency market extended into Wednesday with severe declines in both prices and market capitalization. Going with the flow, the BitConnect coin tanked more than 90 percent as the company said it's shutting down its platform and cryptocurrency exchange. Amid all the gloom, two...

blockchain-markets-011718.jpg The investing world will be presented with two new products on Wednesday that try to cash in on the blockchain technology that underlies Bitcoin. Reality Shares Inc. and Amplify Investments LLC are launching their Exchange-Traded Funds, or ETFs, focused on investing in companies that lead in the research...

BoonePickens-Bitcoin-011718.jpg American oil tycoon and financier T. Boone Pickens is not at all enthusiastic about cryptocurrencies. The reason is the term itself. "At 89, anything with the word "crypt" in it is a real turnoff for me," the 89-year old famed Texas corporate raider said on Tuesday, in a reply to a question on his Twitter account.

The world is entering a critical period of intensified risk in 2018, the World Economic Forum said in the Global Risks Report 2018, published on Wednesday. According to the annual report, structural and interconnected nature of risks in 2018 threaten the very system on which societies, economies...

cryptocurrency-down-011718.jpg Bitcoin and other major cryptocurrencies extended their sharp fall from Tuesday into Wednesday morning on prevailing concerns of South Korea and China, the two leading crypto markets, planning severe crackdown on the digital currency market. As of 2.03 am ET on Wednesday, the largest cryptocurrency...

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