Picture: REUTERS/DADO RUVIC
Picture: REUTERS/DADO RUVIC

Bitcoin is having a moment, again. The most widely traded cryptocurrency has soared above $18,000, more than doubling since the end of 2019. On the Chicago Mercantile Exchange the number of bitcoin futures and options contracts that are open has quadrupled since this time last year to more than 12,000, according to Commodity Futures Trading Commission data collated by Bloomberg.

Financial Times

Vaccine bonanza

The coronavirus vaccine developed by the University of Oxford and AstraZeneca has proved effective in late-stage trials, giving another boost to hopes that the pandemic can be defeated. The successful results follow the positive trials of rival treatments this month from Pfizer-BioNTech and Moderna, which have lifted global stock markets and signalled a possible end to lockdowns. Under a one-dosing regimen the Oxford-AstraZeneca vaccine achieved 90% efficacy — a measure of prevention of infection or severe disease.

Financial Times

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