How a bitcoin market ‘in extreme fear’ compares with the past, and what to expect next

USDTerra stablecoin, UST gold USUSD, +18.12%, once among the top 10 largest cryptocurrency by market cap, lost its 1 to 1 peg against the US dollar, falling to as low as 6 cents on Friday, according to CoinDesk data. LUNA LUNAUSD, 18.75, another cryptocurrency backing UST, fell nearly to zero from over $80 in early … Read more

HSB and HELIXintel Provide Equipment Maintenance Platform for Insurance Customers | Business and finance

HARTFORD, Conn.–(BUSINESS WIRE)–May 12, 2022– Specialist insurer HSB has partnered with HELIXintel to offer a single online maintenance platform for businesses and other organizations to service critical building equipment, from air conditioning and refrigeration to lighting and heating systems , the company announced today. The HELIXintel digital platform helps customers manage their maintenance records and … Read more

Bitcoin Slides Further, Tether Briefly Breaks $1 Peg

Bitcoin plunged and the world’s largest stablecoin, tether, briefly edged down from its $1 peg, adding to fears of more turbulence in the cryptocurrency market. Cryptocurrencies have been hit by two forces this week. On one side, concerns that inflation will necessitate aggressive central-bank tightening have sapped the desire to hold assets perceived as higher … Read more

Bitcoin Prices Fall. Cryptos Pressured as Terra’s Meltdown Intensifies.

Bitcoin prices have suffered a rout over the past week alongside other cryptocurrencies. Dreamstime Text size Bitcoin and other cryptocurrencies remained under pressure on Wednesday, but above their Tuesday lows, with the focus on the meltdown of stablecoin TerraUSD, which is designed to be pegged to the US dollar. The price of Bitcoin fell 2% … Read more

Hoping to snag a cheap airline ticket for summer travel? Good luck, new inflation data show

Airfare costs have taken off ahead of a summer travel season running on steep demand and high gas prices, according to new price inflation data released Wednesday. The record-breaking cost increase for airline tickets stood out in a Consumer Price Index reportt that showed an overall 0.3% increase in the cost of living from March … Read more

Bitcoin Prices Fall. Cryptos Pressured as Terra’s Meltdown Intensifies.

Bitcoin prices have suffered a rout over the past week alongside other cryptocurrencies. Dreamstime Text size Bitcoin and other cryptocurrencies remained under pressure on Wednesday, but above their Tuesday lows, with the focus on the meltdown of stablecoin TerraUSD, which is designed to be pegged to the US dollar. The price of Bitcoin fell 2% … Read more

Cryptocurrency TerraUSD Plunges as Investors Bail

A selloff in a cryptocurrency that was supposed to be pegged to $1 accelerated Wednesday, briefly sending its price to less than a quarter of that value. TerraUSD traded as low as 23 cents on Wednesday, according to data from CoinDesk. As of 5:15 am ET, it had partially rebounded to about 41 cents in … Read more

Tricks for finding summer travel bargains

The majority of Americans — 7 out of 10 — plan to travel in the next 12 months for leisure, according to a February Nerd Wallet survey. Many Americans are looking to travel this summer, and most hope to find a good deal. Air travel has nearly returned to pre-pandemic levels. The number of flyers … Read more

War in Ukraine sparks interest in China-Taiwan risk insurance

Russia’s invasion of Ukraine has made businesses more aware of the potential for upheaval overseas, sparking interest in political risk insurance for two other potential hotspots: China and Taiwan. A self-contained island about 100 miles from China, Taiwan has long been seen by businesses as a safe bet. But companies are increasingly concerned about a … Read more

Consumers View Cryptocurrency As An Asset, Not A Payment Method…For Now

With industry conversations around Web3 gaining momentum, 451 Research, part of S&P Global Market Intelligence, took a deep dive into cryptocurrency as part of its VoCUL: Connected Customer, Disruptive Technologies 2022 survey. The overarching takeaway? It’s still early days for consumer cryptocurrency adoption in the US, with uptake varying widely by demographic. Overall, 20% of … Read more