Depository of News

Ousted Uber co-founder ditches shares for $1.4bn bonanza

Uber co-founder Travis Kalanick, sidelined after several controversies at the company, has diluted his share power in a bid to bolster his billionaire status. Read Full Article at RT.com

Visa may be waging war against bitcoin by rejecting it as currency

The largest cryptocurrency, bitcoin, is a commodity and not a payment system, according to Visa’s chief executive. Visa will also not give bitcoin or other cryptocurrencies a platform for wire transfers and exchanges. Read Full Article at RT.com

Bitcoin tsunami will come from Japan – political economist to RT

The prices of cryptocurrencies have been mostly driven by extreme speculation in Asia, according to Doctor Jack Rasmus, who has warned that a major correction is coming soon. Read Full Article at RT.com

Party like it’s 2014: Russian oil drillers reap profits not seen since days of $100 crude

Though current oil prices are still far from their peak of four years ago, Russian drillers are having best start to the year since 2015. And the key reason for that is the relatively-weak national currency. Read Full Article at RT.com

Party like it’s 2014: Russian oil drillers reap profits not seen since days of $100 crude

Though current oil prices are still far from their peak of four years ago, Russian drillers are having best start to the year since 2015. And the key reason for that is the relatively-weak national currency. Read Full Article at RT.com

Russian stocks surge to all-time high on strong ruble momentum

The Russian key ruble stock index – MICEX – surged to a historic high on Friday, surpassing the 2,300 mark. The ruble was also near multi-year highs against the US dollar. Read Full Article at RT.com

Putin calls for development of digital economy within Eurasian Economic Union

The Eurasian Economic Union (EEU) has reached a significant growth rate and should continue its development, Russian President Vladimir Putin has told leaders of the five-state bloc, according to the Kremlin website. Read Full Article at RT.com

Putin calls for development of digital economy within Eurasian Economic Union

The Eurasian Economic Union (EEU) has reached a significant growth rate and should continue its development, Russian President Vladimir Putin has told leaders of the five-state bloc, according to the Kremlin website. Read Full Article at RT.com

‘Bitcoin will take the arrows, settlers will get the wealth’ – PwC exec

Leading cryptocurrency bitcoin may not survive because it is a pioneer in the world of digital money, according to Blair Sheppard, PwC Global Strategy Leader. But blockchain technology is here to stay. Read Full Article at RT.com

If you like casinos, you’ll love bitcoin – economics professor

Disputes about bitcoin being a speculative bubble never seem to end. Economist Gregory Clark, who talked to RT on the sidelines of the Gaidar Economic Forum in Moscow, thinks the virtual currency is “incredibly insecure.” Read Full Article at RT.com

Bitcoin & ripple lead cryptocurrency rebound after sell-off wiped out third of market

A total of 49 of top 50 cryptocurrencies were growing on Thursday following a bloodbath on the digital money market in the past few days. The dollar-pegged centralized tether was the only loser. Read Full Article at RT.com

Bitcoin & ripple lead cryptocurrency rebound after sell-off wiped out third of market

A total of 49 of top 50 cryptocurrencies were growing on Thursday following a bloodbath on the digital money market in the past few days. The dollar-pegged centralized tether was the only loser. Read Full Article at RT.com

Bitcoin leads cryptocurrency rebound after sell-off that wiped out third of market

A total of 49 of top 50 cryptocurrencies were growing on Thursday following a bloodbath on the digital money market in the past few days. The dollar-pegged centralized tether was the only loser. Read Full Article at RT.com

China’s strong economic growth blows away expectations

China, the world’s second largest economy, has eclipsed its official growth target of about 6.5 percent, expanding 6.9 percent last year. It’s the first time since 2010 that the pace of growth has picked up. Read Full Article at RT.com

Riyadh Ritz-Carlton ‘prison’ resumes booking hotel guests

The Ritz-Carlton hotel in Riyadh will resume taking bookings next month, Bloomberg reports. The hotel in the Saudi capital was turned into a prison for the royal elite accused by the ruling regime of corruption. Read Full Article at RT.com

Online gold coin sales soar 400% as cryptocurrencies plunge

Amidst a huge sell-off on the cryptocurrency market demand for gold coins is picking up. Sales jumped fivefold on Tuesday at one of Europe’s largest online dealers. Read Full Article at RT.com

Bitcoin crashes below $10,000, losing half its value since last month’s record

On December 17, the world’s most valuable cryptocurrency smashed the $20,000 mark. Exactly one month later, bitcoin has lost over half its value. Read Full Article at RT.com

China no longer wants Western garbage

The European Union (EU) has announced its first-ever Europe-wide strategy on plastics recycling. It followed China’s ban on imports of waste from Western countries. Read Full Article at RT.com

Regulators shut down leading crypto exchange after Ponzi scheme accusations

An anonymously-run cryptocurrency exchange has shut down all lending and trading operations following cease-and-desist orders from authorities in Texas and North Carolina and alleged attacks on the platform. Read Full Article at RT.com

Crypto-market meltdown: Here are 3 digital currencies that survived the carnage

Only three out of the top 50 cryptocurrencies were growing on Wednesday. With bitcoin, ethereum and ripple collapsing, here’s a list of the day’s survivors. Read Full Article at RT.com

Crypto-market meltdown: Here are 3 digital currencies that survived the carnage

Only three out of the top 50 cryptocurrencies were growing on Wednesday. With bitcoin, ethereum and ripple collapsing, here’s a list of the day’s survivors. Read Full Article at RT.com

Bitcoin could still hit $100,000 this year – analyst

The price of bitcoin, which has been taking a beating since the start of the year, could still rise significantly and reach between $50,000 and $100,000 by the end of 2018, according to Saxo Bank analyst Kay Van-Petersen. Read Full Article at RT.com

Cryptocurrencies may disappear but technology behind them will remain – Medvedev

Virtual currencies are a new challenge for governments and businesses and could soon disappear, but the technology they are based on might remain, as happened with the internet, said Russian Prime Minister Dmitry Medvedev. Read Full Article at RT.com

Chinese credit agency puts US sovereign rating on par with Turkmenistan

One of the largest ratings firms in China, Dagong Global Credit Rating, has cut the US sovereign rating from A- to BBB+. That puts the American economy on par with Peru, Colombia and Turkmenistan. Read Full Article at RT.com

Bitcoin crashes to 6-week low as regulator crackdown escalates

The price of top digital currency bitcoin dipped below $12,000 on Tuesday for the first time since December 5, following reports of a further crackdown on the cryptocurrency market. Read Full Article at RT.com

Beijing wants to kick bitcoin out of China

Chinese authorities are reportedly aiming to completely ban centralized trading of virtual currencies as well as individuals and businesses that provide related services. Read Full Article at RT.com

Beijing wants to kick bitcoin out of China

Chinese authorities are reportedly aiming to completely ban centralized trading of virtual currencies as well as individuals and businesses that provide related services. Read Full Article at RT.com

Cryptocurrency meltdown continues as overheated market cools down

Top cryptocurrencies slipped by 13 to 25 percent on Tuesday, as investors appeared to abandon digital assets. Leading cryptocurrency bitcoin has fallen to just under $12,000, representing a 40-percent drop from its record highs. Read Full Article at RT.com

Bitcoin bubble could burst & it would be no big deal – report

The surge of bitcoin has been raising fears that it could be approaching bubble territory. Analysis from Capital Economics, however, says its crash wouldn’t be that big of a deal for the broader financial markets. Read Full Article at RT.com

From Ritz Carlton to high-security prison: Saudi prince reportedly moved after refusing to pay $6bn

Billionaire Saudi Prince Alwaleed bin Talal has reportedly been transferred to a maximum-security prison after refusing to pay $6 billion as part of a government anti-corruption purge. Read Full Article at RT.com

French group demands Russia repay €53bn imperial debt

A group of French citizens holding eurobonds issued by the Russian Empire in the 19th century is demanding the Kremlin repay the debt, says a report by Radio France Internationale (RFI). Read Full Article at RT.com

Germany to include Chinese yuan in currency reserves

Germany’s central bank has decided to add the Chinese currency to its foreign exchange reserves, according to Bundesbank board member Andreas Dombret. The move could further boost the international status of the yuan. Read Full Article at RT.com

Apple facing legal battle in Russia over slowing down older iPhones

A group of plaintiffs in Russia is reportedly planning to take Apple to court after the company admitted it had been reducing the processing speed of aging iPhones. Read Full Article at RT.com

With 80% of bitcoin mined, fears rise it will become another fiat currency

As bitcoin gets closer to its 21-million-unit limit, enthusiasts say buying the cryptocurrency will gradually become much harder, making it more valuable. Others say it will stop being decentralized. Read Full Article at RT.com

US forcing Europe to abandon Russian gas & buy more expensive American LNG - Lavrov

The United States is afraid of fair competition in the energy sector, and is hampering the implementation of the Russian Nord Stream 2 gas pipeline project, according to Russian Foreign Minister Sergey Lavrov. Read Full Article at RT.com

US forcing Europe to abandon Russian gas supplies - Lavrov

The United States is afraid of fair competition in the energy sector, and is hampering the implementation of the Russian Nord Stream 2 gas pipeline project, according to Russian Foreign Minister Sergey Lavrov. Read Full Article at RT.com

PetroChina’s biggest refinery doubles Russian pipeline oil intake

Since the new Russia-China oil supply agreement took effect at the start of the year, PetroChina’s largest refinery has almost doubled the amount of Russian pipeline crude oil that it is processing. Read Full Article at RT.com

Private investors buying electric power stations in Russia to mine cryptocurrency

Two electric power stations in Russia have been sold for the purpose of cryptocurrency mining, the Kommersant newspaper reported, citing sources. It is the first such deal in the country. Read Full Article at RT.com

Private investors buying electric power stations in Russia to mine cryptocurrency

Two electric power stations in Russia have been sold for the purpose of cryptocurrency mining, the Kommersant newspaper reported, citing sources. It is the first such deal in the country. Read Full Article at RT.com
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