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Market Overview - Page 182


Bitcoin Price Lifts Crypto Stocks Ahead of Coinbase Listing
Bitcoin Price Lifts Crypto Stocks Ahead of Coinbase Listing.

Listed firms that deal in cryptocurrencies or have exposure to them saw a field of green in global markets Wednesday, ahead of the much-anticipated direct listing of crypto exchange Coinbase on the Nasdaq. For instance, MicroStrategy, the data intelligence firm.

DOGE Rides Crypto Wave to New All-Time High Prior to Coinbase Nasdaq Listing
DOGE Rides Crypto Wave to New All-Time High Prior to Coinbase Nasdaq Listing.

Dogecoin, the popular meme cryptocurrency created in 2013, rallied for two straight days to a new all-time high during early trading hours in the U.S. on Tuesday. This happened as bitcoin and ether also surged to new record prices on.

Bitcoin futures open interest soars to new heights ahead of Coinbase listing
Bitcoin futures open interest soars to new heights ahead of Coinbase listing.

Open interest in Bitcoin futures has surged to new record highs ahead of Coinbase’s Wednesday direct listing on the Nasdaq. Crypto market data aggregator Glassode states that Bitcoin open interest has exceeded $27 billion for the first time as Bitcoin.

Hot or cold war? Investors try to second guess Russia’s military manoeuvres
Hot or cold war? Investors try to second guess Russia’s military manoeuvres.

Fund managers are trimming exposure to Russia and Ukraine on fears that years of tensions could finally erupt into outright war, bringing economic ruin for Ukraine and more sanctions on Russia. But with largest build up of Russian troops on.

India becomes 60th country to authorize use of Russia’s Sputnik V vaccine
India becomes 60th country to authorize use of Russia’s Sputnik V vaccine.

India has granted emergency use authorization for Russia’s Sputnik V vaccine, shortly after overtaking Brazil to become the world’s second-most affected country by the coronavirus. The move, announced Tuesday by the Drug Controller General of India, makes India the 60th.

Europe’s pandemic-stricken economy could return to pre-crisis levels next year, IMF says
Europe’s pandemic-stricken economy could return to pre-crisis levels next year, IMF says.

Europe’s economy is on track to return to its pre-crisis levels in 2022, the International Monetary Fund said on Wednesday, though this projection depends on the region’s Covid-19 vaccination campaign. European countries have been forced to introduce new restrictions or.

Bernie Madoff, mastermind of the nation’s biggest investment fraud, dies at 82
Bernie Madoff, mastermind of the nation’s biggest investment fraud, dies at 82.

Bernard Madoff, mastermind of the biggest investment fraud in U.S. history, ripping off tens of thousands of clients of as much as $65 billion, died Wednesday. He was 82. His death at the Federal Medical Center in Butner, North Carolina,.

Coinbase heads for $94 billion valuation in Nasdaq debut
Coinbase heads for $94 billion valuation in Nasdaq debut.

Cryptocurrency exchange Coinbase Global Inc was set to be valued at more than $94 billion in a stock market debut on Wednesday that marked another milestone in the development of bitcoin and other digital assets. At 11:37 a.m. ET, the.

Dollar gives in to inflation
Dollar gives in to inflation.

US inflation data put pressure on the dollar yesterday. The short-term charts clearly show that after a brief bear attack with an attempt to sink EURUSD below 1.1900, the pair experienced an impressive surge up to 1.1940. A couple of.

USDT, USDC and BUSD represent 93% of stablecoin market cap
USDT, USDC and BUSD represent 93% of stablecoin market cap.

Research from on-chain analytics provider Glassnode has revealed that the top three stablecoins represent more than 90% of the sector’s entire market cap. Glassnode’s Tuesday “The Week On-chain” report found that the top three stablecoins — Tether (USDT), USD Coin.

European shares pause near record highs
European shares pause near record highs.

European shares hovered just below all-time highs on Tuesday, little changed by U.S. inflation data that suggested the Federal Reserve’s accommodative policy stance would remain intact. The pan-European STOXX 600 closed up 0.1% and the export-heavy German stock index also.

U.S. consumer prices post biggest gain in 8-1/2 years as economy reopens
U.S. consumer prices post biggest gain in 8-1/2 years as economy reopens.

U.S. consumer prices rose by the most in more than 8-1/2 years in March as increased vaccinations and massive fiscal stimulus unleashed pent-up demand, kicking off what most economists expect will be a brief period of higher inflation. The report.

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