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Bitcoin jumps above $50,000 in recovery from latest rout - The Hindu BusinessLine

Bitcoin held gains above $50,000 in Asia trading on Thursday, putting the largest cryptocurrency back on track after steep losses last week with bullish momentum returning once again on more mainstrea ....

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Retail investors turn attention to silver as GameStop shares retreat | Money


Tuesday, 02 Feb 2021 07:38 AM MYT
Video game retailer GameStop Corp, at the centre of last week’s Reddit rally, slid 30.8 per cent to US$225 (RM909.79), but other shares caught up in the frenzy that has battered short-sellers extended their advance, including BlackBerry Ltd. Reuters pic
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LONDON, Feb 2 A social media-driven buying spree lifted silver to an eight-year high yesterday but the rally cooled on doubts about the ability of retail traders who are normally focused on stocks to move prices in a bigger, more liquid commodities market. ....

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Fed's Powell: Don't blame us for GameStop frenzy | Money


Thursday, 28 Jan 2021 11:18 AM MYT
Jerome Powell pushed back on the suggestion that the Fed’s super-low interest rates and massive bond purchases were creating asset bubbles, such as the one apparently forming in GameStop that has transfixed market mavens and the general public alike. Reuters pic
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NEW YORK, Jan 28 Those thinking the latest and most glaring evidence of stock market froth the more than tenfold increase in GameStop Corp shares in two weeks might draw Federal Reserve Chair Jerome Powell into a “mea culpa” moment may be disappointed. ....

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