PM Modi inaugurates project commencement of Barmer refinery
General Electric to Be "Charged" on Q4 Numbers
Cuomo unveils 2018 budget priorities in wake of federal tax reform
NEXT plc (NXT) Given Consensus Recommendation of "Hold" by Brokerages
Theresa May's Cabinet meets as it faces scrutiny over Carillion collapse
Cryptocurrency Bitcoin rockets above $7000 to all-time high
12 October 2017, 08:39 | Kelvin Horton
A Quick 'How To' Guide On The Basics Of Buying And Storing Bitcoin In SA
The digital currency started off the year worth $966 and has increased in value by a massive 750 percent over the past year. Nettles said interest had been much higher than anticipated and has come from banks, hedge funds and brokers.
Bitcoin nearly reached US$5000 at the start of September, but fell back sharply after the head of Goldman Sachs blasted the cryptocurrency as a "fraud" and as China forced exchanges to close down, sparking fears of a broader crackdown.
But by Thursday morning, bitcoin had recovered those losses and then some: It was trading above $5,200 per coin at 11:30 a.m.
Bitcoin, a virtual currency created from computer code, was worth only a few USA cents was launched in 2009 by someone using the Japanese-sounding name Satoshi Nakamoto.
On Tuesday, Vladimir Putin called for regulations on cryptocurrency, labeling it a "serious risk" used for illegal activity such as money laundering, tax evasion, and funding terrorism. "So to us, this bounce back in price is no surprise", the analyst added. Speaking last month, he said there was a limited market for the digital currency, arguing that it was only fit for use by drug dealers, murderers and people living in countries such as North Korea. It is important to highlight the fact bitcoin could be bought for around $570 just about a year ago. "I'm not going to talk about bitcoin any more", he said.
Up over $1,000 since last month, Bitcoin has risen over 25% within the last 30 days. None of this applied to bitcoin, although the supply is carefully controlled.
Sensex, Nifty zoom ahead of results by TCS, Reliance Industries
Notably, the shares of TCS gained as the Indian IT bellwether is scheduled to announce its much awaited quarterly earnings today. Coal India , Hindustan Petroleum, and Kotak Mahindra bank lost more than 0.6% each in the opening trade on Thursday morning.
Analysts Review: Repros Therapeutics (RPRX)
Currently, the stock carries a price to earnings ratio of 0, a price to book ratio of 3.18, and a price to sales ratio of 0.84. The highest price RPRX stock touched in the last 12 month was $2.16 and the lowest price it hit in the same period was $0.26.
Boy Found Safe, Three Others Found Dead In Southern Ohio Home
The Ohio Attorney General's Office has canceled the Endangered Missing Child Advisory for an 8-year-old child in southern Ohio. Three adults inside were found dead from apparent gunshot wounds, according to a news release from Sheriff Jeff Lawless.
India's August Industrial Production rises 4.3%
Food and beverages during the month under consideration recorded a rise of 1.76 per cent over the same month a year ago . Among non-food categories, the "fuel and light" segment's inflation rate accelerated to 5.56 per cent in September.