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Bitcoin Blues: Cryptocurrency Falls to Near $20K

Bitcoin is biting it. The digital currency continued its downward spiral on Wednesday, dropping to just over $20,000 (around 19,200 euros) in intraday trading. The cryptocurrency cratered from its all-time high just seven months ago when Bitcoin stood at over $57,000...

The NYSE Was Founded Under a Tree on May 17, 1792

The New York Stock Exchange (NYSE), the largest such stock exchange in the world, has quite humble origins. According to legend, it was founded on May 17, 1792 under a buttonwood tree outside of 68 Wall Street when 24 stockbrokers...

Stocks Plunge, Oil Soars as Markets Reel From Ukraine Invasion

Global stocks plunged, while oil soared after Russian President Vladimir Putin launched a military attack on Ukraine, on Thursday. Putin's moves drew universal condemnation from the West, making punishing sanctions all but certain. "The world is shocked as Russia launches...

Athens Stock Exchange Reaches Levels Unseen Since 2014

The rally at the Athens Stock Exchange (ATHEX) which began at the end of 2021 reached a peak earlier this week when the index climbed to levels unseen since 2014. The last time the main index stood above 950 points...

Elon Musk Sells $5 Billion in Tesla Stock Following Twitter Poll

Elon Musk sold 4.5 million shares of his company, Tesla, worth $5 billion on Wednesday after he made a poll on Twitter asking users whether he should sell 10% of his stock in the company. Over 3 million Twitter users...

Athens Stock Exchange Plunges 15% After Brexit Announcement

The Athens stock exchange plunged 15% after the announcement of the British referendum results in favor of the Brexit on Friday morning. Greece's bourse followed the international downward trend caused by the Brexit. The Athens stock exchange, along with European...

Athens Stock Exchange Maintains 28-Year Low Closing at -1.22%

The Athens Stock Exchange maintained Monday's 28-year low closing at -1.22 percent and 659.94 units on Tuesday, after a low of 635.06. The bourse re-opened on Monday after a five-week hiatus due to the imposition of capital controls by the...

Greek Stock Exchange Crashes at 28-Year Low, Closing at -16.23%

The Athens Stock Exchange crashed at a 28-year low, closing at -16.23 percent on Monday. The Greek stock market had been closed for five weeks, after the Greek government imposed capital controls on June 28. But the re-opening of the...

Greece Shakes Stock Markets

Markets suffered across Asia on Monday as Greece shut down its banks for a week and implemented capital controls. Only in the first hour of Monday, more than $35bn was wiped off the Australian stock market. With many international media reporting that Greece...

Bloomberg: Athens Stock Exchange Among the Worst Performers

“Among the best-performing Europe gauges in 2013 after the government carried out the world’s biggest-ever debt restructuring, Greece’s ASE Index has become one of the worst,” Bloomberg reports. The stock market is slumping 21% as lenders from Piraeus Bank...