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Blockchain Bites: Dorsey Challenges Coinbase, Nasdaq Lists Diginex, Ethereum Miners Profit

The Australian government is investing big in modern technology, Nasdaq saw its first crypto exchange operator listing and revenues are surging for Ethereum miners amid increased network activity. Top shelfAustralia modernizesAustralia will commit A$800 million (US$575 million) to invest in digital technologies as part of its coronavirus recovery plan, Prime Minister Scott Morrison

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Even the Fed’s Desperate Reassurance Isn’t Saving the Nasdaq Correction

Fed Vice Chair Richard Clarida said the central bank would retain low interest rates and let inflation run higher than 2% at times.The Fed’s reassurance isn’t helping the Nasdaq, which has declined by 11.8% since September 2.Investors remain rattled by the pandemic-induced correction despite the Fed’s dovish stance.Federal Reserve Vice

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Dow Trails S&P 500, Nasdaq Ahead of Historic Shake-Up

The Dow Jones posted modest gains Wednesday. Surging technology and communication stocks propelled the S&P 500 and Nasdaq to new all-time highs. The Dow is getting a major shake-up next week, with Salesforce.com, Amgen, and Honeywell replacing ExxonMobil, Pfizer, and Raytheon Technologies, respectively. The Dow Jones Industrial Average rose on Wednesday but continued

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