Stocks are rising as tepid Chinese growth has traders ‘baying for more stimulus’

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Stocks climbed on Wednesday after China reported growth of 6.2% in the second quarter, its slowest rate in at least 27 years, fueling hopes of further government stimulus. “Relatively lackluster growth in China has the market baying for more stimulus,” said Neil Wilson, chief market analyst for Markets.com.  More positively, Chinese industrial output, retail sales, […]

Stocks are rising as tepid Chinese growth has traders ‘baying for more stimulus’

Posted on Leave a commentPosted in News

Stocks climbed on Wednesday after China reported growth of 6.2% in the second quarter, its slowest rate in at least 27 years, fueling hopes of further government stimulus. “Relatively lackluster growth in China has the market baying for more stimulus,” said Neil Wilson, chief market analyst for Markets.com.  More positively, Chinese industrial output, retail sales, […]

Bitcoin Lightning Nodes Claimed 2.22 BTC in ‘Justice’ Against Thieves: BitMEX

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Bitcoin Lightning Network nodes have claimed 2.2 BTC in “justice transactions” to deter potential thieves since Dec. 2017, according to BitMEX Research. Bitcoin Lightning Network nodes have … Read Full Story The post Bitcoin Lightning Nodes Claimed 2.22 BTC in ‘Justice’ Against Thieves: BitMEX appeared first on ForexTV. from ForexTV https://ift.tt/2JFRPpv

10 things in tech you need to know today

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Good morning! This is the tech news you need to know this Monday. The Federal Trade Commission has approved a record-breaking $5 billion settlement against Facebook, according to multiple reports on Friday. The reported settlement comes in the wake of an investigation by the American regulator into the company’s myriad privacy issues and after two […]

Fraud is expected to cost the ad industry $44B in 2022 — here’s how blockchain could help stop it

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This is a preview of a research report from Business Insider Intelligence. Current subscribers can read the report here. Blockchain technology promises to transform how nearly all industries manage data. Since roaring onto the scene as the engine behind Bitcoin in 2009, it’s become applicable to a diverse array of industries beyond financial services, including industrial manufacturing, […]

What Trump’s Bitcoin Tweet Changes

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Let’s be clear: It was not the substance of Donald Trump’s tweet that made his critique of bitcoin and Libra so important last week. It should be of no surprise that this US President would declare … Read Full Story The post What Trump’s Bitcoin Tweet Changes appeared first on ForexTV. from ForexTV https://ift.tt/2jHAL9I