By Stephanie Kelly NEW YORK (Reuters) -Oil prices dropped nearly 2% on Wednesday, eating into the previous day’s gains as investors monitored developments in the Red Sea, where shippers are returning despite further attacks on Tuesday. futures settled down $1.42, or 1.8%, at $79.65 a barrel. U.S. West Texas Intermediate…

By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) – After making hay when a summer bond rout propelled the U.S. dollar to 10-month highs, hedge funds are now pondering what lies ahead for the greenback. The dollar, down 3.5% in November against a basket of other major currencies, is…

Source: PixabayIranian crypto exchange Bit24.cash users reportedly suffered a significant data breach exposing sensitive data of nearly 230K citizens. However, the exchange dismissed the allegation as “wholly untrue.”The breach was attributed to an alleged misconfigured storage system used by the exchange, according to a team of researchers at Cybernews, who…

Shares of crypto miner Marathon Digital Holdings fell nearly 18% to as low as $23.07 on Friday afternoon, putting the stock on pace for its worst day since Jan. 18 after logging an impressive rally earlier this month. Marathon’s stock MARA, +7.71% rebounded slightly over the course of the afternoon…

© Reuters. FILE PHOTO: Signage shows the price of unleaded regular gas at less than $2.50 per gallon as cars queue to fill fuel at a gas station, in Houston, Texas, U.S., December 5, 2023. REUTERS/Gary McWilliams/File Photo By Shariq Khan (Reuters) – American drivers can expect lower motor fuel…

Investing.com — Oil prices retreated Thursday as concerns surrounding supply disruptions through the crucial Red Sea region eased, while stockpiles continued to grow. By 09:00 ET (14.00 GMT), the U.S. crude futures traded 0.6% lower at $73.67 a barrel and the contract dropped 0.6% to $79.05 a barrel. Maersk returns…

Investing.com– Most Asian currencies kept to a tight range on Thursday tracking weak economic signals from China, while the dollar steadied from recent losses as markets awaited a key inflation reading due later in the day. The strengthened slightly after a stronger midpoint fix from the People’s Bank of China.…

Source: vladim_ka/AdobeMercari, one of Japan’s biggest e-commerce platforms, says it will start accepting Bitcoin (BTC) from June this year.Per a report from Nikkei, the firm will process Bitcoin payments via its Tokyo-based crypto subsidiary Melcoin.Melcoin will convert all BTC payments into yen, meaning that while buyers can choose BTC pay,…

Oil futures ended slightly lower Friday on the final trading day of 2023, capping crude’s first losing year since 2020 as concerns about the demand outlook outweighed potential supply disruptions and efforts by OPEC and its allies to limit production.Price action West Texas Intermediate crude for February delivery CL00, +0.19%…

© Reuters. Caesars Entertainment and MGM Resorts remain top picks at Macquarie In a note to clients this week, analysts at Macquarie Research reiterated MGM Resorts (NYSE:) and Caesars Entertainment (NASDAQ:) as their gaming industry top picks that have Vegas exposure. Focusing on the industry performance in November, analysts who…