Chinese bitcoin miner manufacturer MicroBT is looking to grab a bigger slice of the U.S. market by setting up its first overseas production center. The company said on Friday that it has partnered with New York-based Foundry Digital LLC and a Southeast Asian company in order to improve supply chain […]
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Last week saw the third-biggest outflow from stock funds in history, and the dollar is the strongest it’s been since April. Here’s what’s going on. On this edition of The Breakdown weekly recap, NLW looks at the fourth painful week for traditional markets in a row. He discusses the factors […]
Buying volume is pushing bitcoin higher. Meanwhile, DeFi investors continue to seek places to park crypto for steady yield. Bitcoin (BTC) is trading around $10,730 as of 20:30 UTC (4:30 p.m. EDT). Gaining 0.50% over the previous 24 hours. Bitcoin’s 24-hour range: $10,550-$10,795 BTC above its 10-day and 50-day moving […]
China’s sovereign debt is set to be added in another benchmark bond index, World Government Bond Index (WGBI), possibly bringing from $100 to $150 billion worth of foreign investment to the world’s second largest bond market. In a landmark decision announced on Thursday, British index provider FTSE Russell said Chinese […]
In August, the volume of personally owned stock sold by corporate executives reached its highest level since 2015, followed by a 10% decline in the S&P500 in September. August saw the largest volume of insider selling since 2015, with more than 1000 corporate officers offloading $6.7B in stock. Subsequently, the […]
Bitcoin had a small rally Thursday. Meanwhile, the ether options market is giving some investors protection from decentralized finance downsides. Bitcoin (BTC) trading around $10,653 as of 20:00 UTC (4 p.m. EDT). Gaining 3.3% over the previous 24 hours. Bitcoin’s 24-hour range: $10,135-$10,736. BTC above its 10-day and 50-day moving […]
As relations between the world’s two major economies, the US and China, continue to deteriorate, RT’s Boom Bust talks to Professor Richard Wolff about what’s really going on. “What we’re seeing is mostly posturing by Mr. Trump for domestic electoral votes,” he says, adding that the US president thinks the […]
Uniswap’s week-old governance token is outperforming more established cryptocurrencies Wednesday. Source link
The bitcoin market continues to display weakness; xDai total value locked shows interest in Ethereum scaling solutions. Bitcoin (BTC) trading around $10,285 as of 20:00 UTC (4 p.m. EDT). Slipping 1.8% over the previous 24 hours. Bitcoin’s 24-hour range: $10,250-$10,575 BTC below its 10-day and 50-day moving averages, a bearish […]
How the Fed and the rise of passive investing and volatility strategies have combined to make market movements faster and more severe. Corey Hoffstein is the founder and Chief Investment Officer of Newfound Research LLC, a quantitative research and investment fund. He is also the host of the “Flirting with […]
Later this week, President Donald Trump is expected to announce his choice for Supreme Court justice to replace Ruth Bader Ginsburg, who died on 18 September due to cancer complications. Democrats insist that the new justice should be nominated after the 3 November presidential election. The American news website Axios […]
The November U.S. presidential election could be contentious, yet the bitcoin market is pricing little event risk. Analysts, however, warn against reading too much into the complacency suggested by the volatility metrics. Bitcoin’s three-month implied volatility, which captures the Nov. 3 election, fell to a two-month low of 60% (in […]
Bitcoin stuck around $10,400 for most of Tuesday. Meanwhile, ether holders are increasingly choosing smart contracts to park the cryptocurrency. Bitcoin (BTC) trading around $10,494 as of 20:00 UTC (4 p.m. EDT). Gaining 0.10% over the previous 24 hours. Bitcoin’s 24-hour range: $10,357-$10,532 BTC above its 10-day moving average but […]
As European Union ministers met in Brussels on Monday ahead of a summit of heads of government later this week, the UK Parliament pressed on with draft legislation to override the Northern Ireland Protocol of the EU Withdrawal Agreement. On Tuesday, European Union leaders warned the UK that changes to […]
MOSCOW (Sputnik) – US energy services giant Baker Hughes is interested in expanding its presence in the Russian market despite the regime of sanctions between the US and Russia, Elena Akoltseva, the president at Baker Hughes in Russia and the Commonwealth of Independent States (CIS), told Sputnik in an interview. […]
In some circumstances, is yield farming with non-fungible tokens (NFTs) another term for wash trading? Yield farming is the process of getting tokens in return for providing crypto assets to fledgling marketplaces. The activity surged this summer starting with decentralized finance (DeFi) money markets like Compound. But now the game […]
Bitcoin and ether both dropped Monday as global markets conducted a selling session. Bitcoin (BTC) trading around $10,492 as of 20:00 UTC (4 p.m. EDT). Slipping 3.6% over the previous 24 hours. Bitcoin’s 24-hour range: $10,179-$10,994. BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians. […]
It appeared that with the emergence of Coronavirus, Brexit had drifted from the nation’s attention. However, now it has reemerged with a vengeance following the introduction of Boris Johnson’s controversial Internal Market Bill. UK Prime Minister Boris Johnson appears certain to move forward with legislation that has been the subject […]
https://cdn1.img.sputniknews.com/img/107862/10/1078621084_0:318:3074:2048_1200x675_80_0_0_fc2b7f6a8a025a7042a4e2dbfe508891.jpg Sputnik International https://cdn2.img.sputniknews.com/i/logo.png Sputnik https://cdn2.img.sputniknews.com/i/logo.png https://sputniknews.com/us/202009191080509352-playboy-reportedly-considering-options-to-return-to-stock-market/ In March, media reported that the magazine was suspending its print publication partly due to the coronavirus pandemic but also due to a drop in print magazine sales. Playboy Enterprises is now developing a strategy for print Playboy’s comeback, Reuters reported on Friday, […]
Bitcoin has lost its market momentum. Meanwhile, the amount of cryptocurrency locked in decentralized exchange Uniswap was nearly doubled on Friday. Bitcoin (BTC) trading around $10,867 as of 20:00 UTC (4 p.m. ET). Slipping 0.42% over the previous 24 hours. Bitcoin’s 24-hour range: $10,812-$11,039 BTC below its 10-day and 50-day […]
This isn’t the CryptoKitties craze of 2017. “The situation is different now,” Stefan George of Gnosis told CoinDesk. Lots of dapps are clawing for Ethereum’s compute power. If activity calms on one decentralized finance (DeFi) platform, it’s likely to perk up on another. “Ethereum is on the way to becoming […]
Bitcoin lost momentum Thursday while DeFi delirium pushes fees on Ethereum back up. Bitcoin (BTC) trading around $10,920 as of 20:00 UTC (4 p.m. ET). Slipping 0.73% over the previous 24 hours. Bitcoin’s 24-hour range: $10,735-$11,052 BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. […]
“In China, the recovery is happening now and very fast,” said Travala.com CEO Juan Otero. Source link
Bitcoin’s price continues to move up, with a little help from the U.S. Federal Reserve, while ether traders are hedging in the options market. Bitcoin (BTC) trading around $10,979 as of 20:00 UTC (4 p.m. ET). Gaining 2% over the previous 24 hours. Bitcoin’s 24-hour range: $10,662-$11,099 BTC above its […]