Stock Market News
Businessetf.comHere's What's Happening in Markets: April 19
Markets wavering after Netflix reports weak forecast, bitcoin halving imminent.
BusinessReutersStablecoin Tether gets boost as dollar alternative in emerging markets, CEO says
Stablecoin Tether's recent growth is being driven by its use as an alternative to the U.S. dollar in emerging markets, rather than by demand for cryptocurrency trading, Tether CEO Paolo Ardoino told Reuters on Friday. Tether issues a stablecoin, also called Tether or USDT, which is designed to maintain a constant value of $1 and is widely used in crypto-to-crypto trading. It has grown rapidly in recent years, hitting more than $100 billion worth of Tether tokens in circulation in March.
BusinessBloomberg‘Mag Seven’ Get Crushed to Lead Losses in Stocks: Markets Wrap
(Bloomberg) -- A selloff in the world’s largest technology companies hit stocks, with traders also shunning riskier assets ahead of the weekend amid geopolitical uncertainties.Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemDubai Grinds to Standstill as Flooding Hits CityIsrael Reported to Have Launched Retaliatory Strike on IranRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingEquities fell at end of a week