REFILE-Cryptoverse: Trump's bitcoin stockpile plan stirs debate Corrects name to "Rahul" from Raoul" in paragraph 21 of Aug 6 story By Medha Singh and Lisa Pauline Mattackal Aug 6 (Reuters) - "Never sell your bitcoin," Donald Trump told a cheering crowd at a crypto convention in Nashville, Tennessee in late July. The Republican presidential candidate's speech was the latest overture in his effort to court crypto-focused voters ahead of November's election and offered a bevy of campaign promises,

Cryptoverse: Trump's bitcoin stockpile plan stirs debate Our regular analysis of cryptocurrencies By Medha Singh and Lisa Pauline Mattackal Aug 6 (Reuters) - "Never sell your bitcoin," Donald Trump told a cheering crowd at a crypto convention in Nashville, Tennessee in late July. The Republican presidential candidate's speech was the latest overture in his effort to court crypto-focused voters ahead of November's election and offered a bevy of campaign promises, including a plan for a state bitc

GRAPHIC-Markets give off 'Black Monday' vibes as stocks tank By Amanda Cooper LONDON, Aug 5 (Reuters) - Global markets have kicked off the week in full selloff mode, with measures of volatility shooting up by the most on record in a single day, while equity futures and cryptocurrencies plummet, reviving memories of past crises. There is no lone trigger for these moves, but data on Friday that showed the U.S.

RPT-UPDATE 4-Bitcoin, ether hit multi-month lows as recession worries take hold Repeats to additional clients. No changes to text Aug 5 (Reuters) - Bitcoin BTC= and ether ETH= plunged on Monday to multi-month lows as worries over a possible U.S. recession in the wake of soft data gripped financial markets and triggered a rush out of risky assets. The selloff marks a stunning reversal just days after optimism fueled by Republican presidential candidate Donald Trump's speech pushed bitcoin, the wo

BUZZ-Crypto stocks plunge after Bitcoin hits over 5-mth lows on US recession fears ** Shares of cryptocurrency and blockchain-related companies plunge in U.S. premarket trade, tracking declines in Bitcoin ** Bitcoin BTC= , world's biggest cryptocurrency, down 10.4% at $52,960 - lowest level since Feb. 26 ** Also set for worst day since November 2022 ** Worries over a possible U.S.

UPDATE 5-Crypto sell-off deepens as weak economic data dampens risk-taking Rewrites paragraph 1 with U.S.-listed crypto stocks details, updates prices in paragraphs 6-8, adds graphic Aug 5 (Reuters) - U.S.-listed shares of crypto-linked companies slumped as bitcoin BTC= fell more than 15% on Monday, after weak economic data last week triggered fears of a recession and set off a frenzied selling of risky assets.

UPDATE 5-Crypto sell-off deepens as weak economic data dampens risk-taking Rewrites paragraph 1 with U.S.-listed crypto stocks details, updates prices in paragraphs 6-8, adds graphic Aug 5 (Reuters) - U.S.-listed shares of crypto-linked companies slumped as bitcoin BTC= fell more than 15% on Monday, after weak economic data last week triggered fears of a recession and set off a frenzied selling of risky assets.

FOREX-Dollar hits four-month low as weak US jobs data boosts rate cut bets Updated at 14:45 EDT By Karen Brettell NEW YORK, Aug 2 (Reuters) - The U.S. dollar dropped to a four-month low on Friday after a weaker-than-expected employment report for July raised expectations that the Federal Reserve will cut interest rates by 50 basis points in September as the economy sours.

FOREX-Dollar hits four-month low as weak jobs data boosts rate cut bets Updated at 10:45 EDT By Karen Brettell NEW YORK, Aug 2 (Reuters) - The U.S. dollar d ropped to a four-month low on Friday after a weaker than expected employment report for July raised expectations that the Federal Reserve will cut interest rates by 50 basis points in September a s the economy sours .

FOREX-Dollar drops as jobs growth disappoints, unemployment rises Updated at 9 a.m. EDT (1300 GMT By Karen Brettell NEW YORK, Aug 2 (Reuters) - The U.S. dollar dropped on Friday after a weaker than expected employment report for July raised expectations that the Federal Reserve will cut interest rates by 50 basis points in September in an attempt to stave off a severe economic downturn.

FOREX-Dollar drops as jobs growth disappoints, unemployment rises NEW YORK, Aug 2 (Reuters) - The U.S. dollar dropped after data on Friday showed that employers added fewer jobs in July than economists had forecast, while the unemployment rate unexpectedly moved higher. Employers added 114,000 jobs, below expectations for an 175,000 increase. The unemployment rate rose to 4.3%, above economists expectations that it would be unchanged on the month at 4.1%.

UPDATE 3-Coinbase beats revenue estimates as crypto markets ride ETF euphoria Adds executive comments from conference call in paragraph 4-5, graphic, compares with estimates in paragraph 1, adds details throughout; updates shares By Manya Saini Aug 1 (Reuters) - Coinbase's COIN.O second-quarter revenue surpassed Wall Street expectations on Thursday as trading volumes roared back to life thanks to market euphoria over easing regulatory roadblocks, sending shares of the crypto exchange 3% higher a

Coinbase's second-quarter revenue surges on crypto trading resurgence Aug 1 (Reuters) - Coinbase COIN.O reported a surge in second-quarter revenue on Thursday as trading volumes at the crypto exchange roared back to life thanks to market euphoria over easing regulatory roadblocks. The company's net revenue came in at $1.38 billion for the three months ended June 30, compared with $662.5 million a year ago.

FOREX-Dollar gains on geopolitical tensions, pound slips after rate cut Updated at 14:30 EDT By Karen Brettell NEW YORK, Aug 1 (Reuters) - The dollar gained on Thursday as rising geopolitical tensions drove a safe-haven boost, while the British pound fell after the Bank of England cut interest rates from a 16-year high. Concerns about a widening conflict in the Middle East intensified after Hamas leader Ismail Haniyeh was assassinated in the Iranian capital, Tehran, on Wednesday morning, drawing

FOREX-Dollar gains on geopolitical tensions, pound slips after rate cut Updated at 1005 EDT By Karen Brettell NEW YORK, Aug 1 (Reuters) - The dollar gained on Thursday as rising geopolitical tensions provided a safe haven boost to the currency, while the British pound fell after the Bank of England cut interest rates from a 16-year high. Concerns about a widening conflict in the Middle East intensified this week after Hamas leader Ismail Haniyeh was assassinated in the Iranian capital Tehran on

FOREX-Dollar falls as Fed signals likely September rate cut Updated at 1530 EDT By Karen Brettell NEW YORK, July 31 (Reuters) - The dollar added to losses on Wednesday after the Federal Reserve held interest rates steady but opened the door to reducing borrowing costs as soon as its next meeting in September. Fed Chair Jerome Powell said in comments after the statement from its two-day meeting that an interest rate cut could be on the table as early as September if inflation moves down in line w

FOREX-Dollar slightly pares losses after Fed meeting statement NEW YORK, July 31 (Reuters) - The dollar slightly pared losses on Wednesday after the Federal Reserve held interest rates steady but opened the door to reducing borrowing costs as soon as its next meeting in September, as was widely expected. "There has been some further progress toward the Committee's 2% objective" in inflation, the central bank's Federal Open Market Committee said in a statement at the end of a two-day policy meeti

FOREX-Yen jumps as BOJ hikes rates, dollar dips before Fed Updated at 0930 EDT By Karen Brettell NEW YORK, July 31 (Reuters) - The Japanese yen hit a four-month high against the dollar on Wednesday after the Bank of Japan raised rates to the highest since 2008 and indicated that more hikes may follow, while the dollar was broadly weaker before the Federal Reserve’s meeting statement.

FOREX-Yen gains on reports of possible BOJ hike to 0.25% Updates to 1515 EDT By Karen Brettell July 30 (Reuters) - The Japanese yen gained on Tuesday on news reports that the Bank of Japan is considering raising rates to 0.25% when it concludes its two-day meeting on Wednesday. That would be an increase from the current 0-0.1% and more than the market is currently pricing in, with a 10 basis-point increase still seen as only a 55% probability.

FOREX-Yen gains on reports of possible BOJ hike to 0.25% Updated at 1350 EDT By Karen Brettell July 30 (Reuters) - The Japanese yen gained on Tuesday on news reports that the Bank of Japan is considering raising rates to 0.25% when it concludes its two-day meeting on Wednesday. That would be an increase from the current 0-0.1% and more than the market is currently pricing in, with a 10 basis-point increase still seen as only a 55% probability.