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Market Overview - Page 182


Riding Bitcoin Surge, Coinbase Active Users Grew by 117% in Q1 2021; Revenue Tops $1.8B
Riding Bitcoin Surge, Coinbase Active Users Grew by 117% in Q1 2021; Revenue Tops $1.8B

Cryptocurrency exchange Coinbase saw a whopping 117% quarter-over-quarter increase in monthly transacting users, the firm revealed Tuesday in its voluntary earnings report. All those users helped Coinbase rake in $1.8 billion over the quarter, driving a net income of approximately.

Riding Bitcoin Surge, Coinbase Active Users Grew by 117% in Q1 2021; Revenue Tops $1.8B
Riding Bitcoin Surge, Coinbase Active Users Grew by 117% in Q1 2021; Revenue Tops $1.8B

Cryptocurrency exchange Coinbase saw a whopping 117% quarter-over-quarter increase in monthly transacting users, the firm revealed Tuesday in its voluntary earnings report. All those users helped Coinbase rake in $1.8 billion over the quarter, driving a net income of approximately.

Oil prices hang in the balance ahead of Iran nuclear talks, but experts don’t expect a breakthrough
Oil prices hang in the balance ahead of Iran nuclear talks, but experts don’t expect a breakthrough

The U.S. and Iran are ramping up efforts to resolve a nuclear standoff that has global oil markets on edge and experts skeptical of success. “It’s crunch time for these negotiations,” Helima Croft, global head of commodities strategy at RBC.

Oil prices hang in the balance ahead of Iran nuclear talks, but experts don’t expect a breakthrough
Oil prices hang in the balance ahead of Iran nuclear talks, but experts don’t expect a breakthrough

The U.S. and Iran are ramping up efforts to resolve a nuclear standoff that has global oil markets on edge and experts skeptical of success. “It’s crunch time for these negotiations,” Helima Croft, global head of commodities strategy at RBC.

Cryptocurrency market value tops $2 trillion for the first time as ethereum hits record high
Cryptocurrency market value tops $2 trillion for the first time as ethereum hits record high

The value of the cryptocurrency market topped $2 trillion for the first time on Monday driven by a rally in ether, the second-largest digital coin. In just over two months, the market capitalization of the cryptocurrency market has doubled, according.

Cryptocurrency market value tops $2 trillion for the first time as ethereum hits record high
Cryptocurrency market value tops $2 trillion for the first time as ethereum hits record high

The value of the cryptocurrency market topped $2 trillion for the first time on Monday driven by a rally in ether, the second-largest digital coin. In just over two months, the market capitalization of the cryptocurrency market has doubled, according.

XRP surpasses $1 for the first time since 2018: What’s behind the new rally?
XRP surpasses $1 for the first time since 2018: What’s behind the new rally?

The price of XRP has surpassed $1 on Tuesday for the first time since March 2018, putting its market valuation at around $47 billion. Moreover, the fourth-largest cryptocurrency in the global market has broken out against the Bitcoin (BTC) pair,.

XRP surpasses $1 for the first time since 2018: What’s behind the new rally?
XRP surpasses $1 for the first time since 2018: What’s behind the new rally?

The price of XRP has surpassed $1 on Tuesday for the first time since March 2018, putting its market valuation at around $47 billion. Moreover, the fourth-largest cryptocurrency in the global market has broken out against the Bitcoin (BTC) pair,.

Stocks Mixed After Rally to Record; Bonds Climb
Stocks Mixed After Rally to Record; Bonds Climb

Stocks were mixed after a rally that drove the equity market to all-time highs. Treasuries climbed, while the dollar fell. The S&P 500 was little changed as a drop in technology companies offset gains in retailers. Stocks tied to the.

The pound fell on ‘selling the fact’ trade
The pound fell on ‘selling the fact’ trade

The British FTSE100 is gaining 1.3% to a three-month high, on enthusiasm from Prime Minister Johnson’s announcement that coronavirus restrictions will be lifted as early as next week. Interestingly, the British Pound, on the other hand, came under pressure in.

Dollar reverses its course after growth loses momentum
Dollar reverses its course after growth loses momentum

The period over the Easter weekend, with its subdued dynamics, allowed for an evaluation of domestic trends in the foreign exchange market without any news background noise. Once again, we saw the carry-trade trend as currencies with higher interest rates.

XRP Hits Two-Month Price High in Wake of Ether Rally
XRP Hits Two-Month Price High in Wake of Ether Rally

XRP, the cryptocurrency used in Ripple Labs’ payments network, is rallying on the coattails of altcoin leader ether (ETH, +1.15%)‘s recent move to record highs. XRP rose to $0.72 early Monday to hit the highest level since Feb. 2 and.

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