Daily Outlook


Coinbase, the world's largest crypto-exchange, is considering XRP support

Coinbase, the world's largest crypto-exchange, is considering XRP support

After months of waiting, the hopes and dreams of ripple (XRP) investors may finally be realized — at some point in the near future, anyway. Yes, XRP fans, crypto exchange Coinbase has confirmed that it is exploring adding support for...

The crypto market has lost about $16 billion of its valuation

The crypto market has lost about $16 billion of its valuation

Overnight, the crypto market has lost about $16 billion of its valuation as it dropped from $123 billion to $107 billion. For the first time since May 2017, the Ethereum price has fallen to the $80 region, deleting all of...

U.S. Stock Futures Buck Rebound in Europe and Asia

U.S. Stock Futures Buck Rebound in Europe and Asia

European stocks rebounded from the worst day in more than two years and Asian shares posted modest gains as investors sought to end a bruising week on a more upbeat note. Signs of stress remained, however, as U.S. equity futures...

OPEC deal may fail due to Moscow’s position

OPEC deal may fail due to Moscow’s position

OPEC prepared for a further day of talks on oil-production curbs after a summit on Thursday ended with no deal, as Russia resisted the big output cut that Saudi Arabia was demanding. After six-hour meeting in Vienna, Saudi Energy Minister...

Bitcoin Cash collapsed by 81% in just one month: why is it plunging so rapidly?

Bitcoin Cash collapsed by 81% in just one month: why is it plunging so rapidly?

Since November 6, in exactly one month, the Bitcoin Cash price has dropped by 81.6 percent, from $638 to $117. Initially, in the first week of November, the price of Bitcoin Cash (BCH) had begun to rise as the anticipation...

USD and JPY lifted after arrest of Huawei CFO in Canada

USD and JPY lifted after arrest of Huawei CFO in Canada

The U.S. dollar and the yen gained on Thursday after the arrest in Canada of a top executive of Chinese tech giant Huawei prompted fears of a flare-up in U.S.-China trade tensions. The dollar has been under pressure recently over...

FxPro: Markets have lost faith in the U.S.-China trade truce

FxPro: Markets have lost faith in the U.S.-China trade truce

Chinese markets and futures for S&P500 has started trading on Thursday with a falling by about 2% after reports that Canada arrested CFO of Huawei, Chinese IT giant, with intention of extraditing her in the United States. This news sparked...

OPEC is going to reduce production in spite of Trump's wishes

OPEC is going to reduce production in spite of Trump's wishes

OPEC meets in Vienna on the verge of an oil production cut that would defy U.S. President Donald Trump’s plea to keep the taps open. Yet the group still lacks an agreement on crucial details that could convince traders they’re...

Stock Rout Eases on Trade Pledge; Pound Advances

Stock Rout Eases on Trade Pledge; Pound Advances

European and Asian stocks dropped on Wednesday following the rout on Wall Street, though declines were contained and U.S. equity futures rose after China pledged to start delivering on trade agreements reached with America. The pound gained as traders weighed...

FxPro: Markets saw looming recession in US bond dynamics

FxPro: Markets saw looming recession in US bond dynamics

U.S. markets on Tuesday were heavily sold, losing more than 3% on key indices. The main trigger of the decline was the dynamics of debt markets in the USA. The yield of government bonds with longer periods of circulation was...

Quoine CEO: Bitcoin will hit new highs in 2019

Quoine CEO: Bitcoin will hit new highs in 2019

Bitcoin price will likely reclaim or surpass its all-time high by the end of 2019, guesstimated Mike Kayamori. The Quoine chief told Bloomberg in an interview that while it is difficult to predict how much time bitcoin would take to...

Waves cryptocurrency rate jumped 50%

Waves cryptocurrency rate jumped 50%

Waves, a token platform with the web developer generation in mind, has seen its base token rise nearly 50 percent over the last 24 hours amid a generally-stagnant crypto market, making analysts scratch their heads – what could be driving...