Market Overview - Page 226

The US dollar halted its rally on Tuesday, which helped stabilise stock indices around the world. However, the trend towards a steeper yield curve in the debt market remained in place with 10-year Treasury yields rising above 1.15%. The current.

Data from CryptoCompare shows that bitcoin trading volumes on the eight major exchanges tracked on the CoinDesk 20 have passed $11 billion, a new all-time high from the previous record during 2017’s crypto bull market. “This is first and foremost.

Capital inflows into crypto funds and investment products plummeted during the first week of January after posting new all-time highs in late-December. According to crypto fund manager CoinShares’ Jan. 11 Digital Asset Fund Flows report, the first week of trading.

Oil prices slipped on Tuesday as investors remained concerned about climbing coronavirus cases globally, but expectations of a drawdown in crude oil inventory in the United States for a fifth straight week kept losses in check. Brent crude oil futures.

Stocks took a breather on Tuesday, easing from record highs as political turmoil in Washington and rising coronavirus cases gave pause, though a selloff in U.S. Treasuries extended as investors reckon on a big spending government. The yield on benchmark.

Investors are weighing how much further a rally in value stocks can run, as expectations for greater fiscal spending under a Democrat-controlled Congress add momentum to the surging shares of companies that took a beating for most of 2020. Shares.

Chinese video platform Bilibili has confidentially filed for a secondary listing in Hong Kong, a source close to the matter told CNBC. Bilibili, which is currently listed on the Nasdaq, made the filing within the last few days, the source.

Downloads of privacy-focused messaging apps Signal and Telegram got a boost as users looked for alternatives to Facebook-owned WhatsApp over concerns about changes to the service’s privacy policy. Signal saw approximately 7.5 million installs globally through the Apple App Store.

The House moved closer Monday to impeaching President Donald Trump an unprecedented second time, this time for inciting his supporters who invaded the U.S. Capitol during Congress’ electoral vote count last week. Democrats introduced an article of impeachment Monday that.

Global markets are under increased pressure after recent highs, and as is often the case, the first signs of the reversal were seen in debt markets. Since the beginning of last week, yields on US long-term government bonds have steadily.

A student has claimed to have found private keys accidentally HODLed starting as early as 2011 which will unlock more than $4 million in Bitcoin. According to a throwaway account from BitcoinHolderThankU, the Reddit user was able to cash out.

The dollar gained broadly on Monday as widening U.S. Treasury yields and expectations of more fiscal stimulus lifted the greenback against its rivals, with the euro falling to a two-week low. President-elect Joe Biden, who takes office on Jan. 20.