Bitcoin soars amid banking panic
The cryptocurrency has jumped 70% in value, a rise some experts attribute to the instability triggered by the collapse of Silicon Valley Bank
The cryptocurrency has jumped 70% in value, a rise some experts attribute to the instability triggered by the collapse of Silicon Valley Bank
Disputes persist two years after one of the world’s largest container ships blocked the Suez Canal for six days
Cases such as those of Silicon Valley Bank and Credit Suisse show how the sector is facing new risks, such as the speed of fund outflows or the viral spread of bad news and rumors
Shares of Germany’s largest bank fell more than 10%, bringing concerns about the health of the financial system back to the forefront
The collapse of Silicon Valley Bank has prompted more calls for slower interest rate hikes, but it is not clear whether authorities should heed them
While investors pursue AI stocks, it’s too early to tell who has lasting power
Companies that transport fuel and crude are reaping huge profits from the war in Ukraine: ‘Disruptions are good for us’
The third-richest man in the world’s net worth halved in a week after he was accused of market manipulation by a US firm specializing in ‘man-made disasters’
The IMF warns about concurrent downturns in the US, Europe and China
Across the world, over a million people have been impacted by the bankruptcy of the main exchange platform that facilitated trading
The founder of the FTX platform watched his entire fortune evaporate in a matter of days
The founder of the FTX platform watched his entire fortune evaporate in a matter of days
The US engineer talks to EL PAÍS about the next technological breakthrough, the limits of human longevity and his friendship with Elon Musk
The main US indexes declined after positive unemployment figures were announced on Friday. Is the sector just inherently evil?
The American historian recently published ‘Chip War,’ where he explains how the world became dependent on semiconductors
The foreign exchange market has been roiled by government interventions in Japan and the United Kingdom, while the greenback’s strength continues to cause inflationary pressure
Experts warn that inflation is set to hit double digits, while the European Central Bank faces pressure to raise interest rates
Fearing that she would be raped, the young woman in the complaint resorted to sleeping with a knife on the floor of a locked bathroom
EL PAÍS looks at how the foreign exchange rates will affect tourism, trade and inflation, and which currency is likely to rise and fall in the near future
The EU currency is declining as the idea gains ground that the ECB will not raise rates as fast as the Federal Reserve in order to safeguard growth
Several large platforms including Coinbase and BlockFi have fired thousands of workers on the grounds that the sector is in a ‘contraction phase,’ but could poor management also be to blame?
The news comes as bitcoin and Ethereum continue to fall, with the cryptocurrencies losing two thirds of their value in six months
The digital currency’s value has gone from $20 billion to nearly zero in a matter of days, and bitcoin has shed 17% in under a week
The cryptocurrency – once considered a success story in the sector – collapsed within 72 hours, destroying the hopes of its many small-time investors
The sudden fall of the digital currency has raised concerns about its implications for other cryptocurrencies such as bitcoin
The richest man in the world warns by letter that he will not raise the price any further: “It is my best and last offer”
Inflation is compounding the income gap in the country, with millions of workers struggling with the loss of purchasing power