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Market Overview - Page 240


Shock survey suggests most investors think Bitcoin won’t top $50K by 2030
Shock survey suggests most investors think Bitcoin won’t top $50K by 2030

A survey from Genesis Mining has found that most Bitcoin investors aren’t expecting a $50,000 BTC price in 2030 — although 3.5% of respondents tipped prices exceeding $500,000. British Virgin Islands-based institutional mining platform, Genesis Mining, has published the findings.

The reasons why Bitcoin just dropped after failing to break $19.5K again
The reasons why Bitcoin just dropped after failing to break $19.5K again

The Bitcoin price (BTC) surged above $19,500 briefly on Dec. 15, reaching as high as$19,570 on Binance. However, BTC then dropped to $19,050 within three hours, recording a sudden 2.5% pullback. Bitcoin spiked to around $19,600 because of the momentum.

Asian stocks dip to one-week lows as infection fears curb vaccine optimism
Asian stocks dip to one-week lows as infection fears curb vaccine optimism

Asian stocks retreated on Tuesday as worries about increasing COVID-19 deaths and lockdowns overshadowed optimism about the roll-out of coronavirus vaccinations, just days after indexes hit record highs. EUROSTOXX 50 futures dipped 0.4% and FTSE futures fell 0.6%, indicating a.

U.S. tech giants face 6-10% fines as EU set rules to curb their power
U.S. tech giants face 6-10% fines as EU set rules to curb their power

Amazon, Apple, Facebook and Alphabet unit Google may have to change their business practices in Europe or face hefty fines between 6-10% under new draft EU rules to be announced on Tuesday. The rules are the most serious attempt by.

‘Race against time’: First Americans vaccinated as U.S. death toll passes 300,000
‘Race against time’: First Americans vaccinated as U.S. death toll passes 300,000

A New York City intensive care unit nurse on Monday became the first person in the United States to receive a coronavirus vaccine, saying she felt “healing is coming,” as the nation’s COVID-19 death toll crossed a staggering 300,000 lives.

Global contagion? Analysts predict what a no-deal Brexit could mean for markets
Global contagion? Analysts predict what a no-deal Brexit could mean for markets

Sterling is getting a further boost after British and EU leaders agreed to extend Brexit trade talks beyond Sunday’s deadline, temporarily staving off the threat of a no-deal scenario. Analysts broadly expect the pound to continue to rally if the.

More people are doing their holiday shopping online and this trend is here to stay
More people are doing their holiday shopping online and this trend is here to stay

The last three months of the year are typically synonymous with malls and stores teeming with customers who stand in long, snaking queues to pay for their holiday shopping hauls. But due to the coronavirus pandemic this year, which forced.

Asia-Pacific stocks dip as data shows China’s November factory output rose
Asia-Pacific stocks dip as data shows China’s November factory output rose

Stocks in Asia-Pacific were lower in Tuesday trade as concerns over a coronavirus surge in multiple countries dulled optimism over the vaccine rollout in the U.S. Mainland Chinese markets were lower by the afternoon: The Shanghai composite declined 0.45% while.

Ethereum (ETH) is About to See “Liftoff” if It Closes Above $580
Ethereum (ETH) is About to See “Liftoff” if It Closes Above $580

ETH price found support near $535 and started a steady recovery against the US Dollar. The price is currently trading above $560 and the 100 simple moving average (4-hours). There is a crucial contracting triangle forming with resistance near $570.

Revived Brexit hopes lift stocks and sterling
Revived Brexit hopes lift stocks and sterling

Stocks began the week with robust gains as investors gauged the chance of added U.S. fiscal and monetary stimulus, while the British pound rose as a last-gasp extension to Brexit talks dodged a difficult divorce. Europe opened with stocks up.

MassMutual’s $100M Bitcoin Investment Marks Adoption Milestone: JPMorgan
MassMutual’s $100M Bitcoin Investment Marks Adoption Milestone: JPMorgan

JPMorgan analysts have said the recent recent bitcoin purchases by Massachusetts Mutual Life Insurance Co. are a sign of growing mainstream acceptance for the cryptocurrency. “MassMutual’s bitcoin (BTC, -0.

Jim Cramer bought Bitcoin while ‘off nicely from the top’ in $17,000s
Jim Cramer bought Bitcoin while ‘off nicely from the top’ in $17,000s

Three months after seemingly changing course on crypto, the outspoken host of CNBC’s Mad Money is claiming he made a well-timed Bitcoin investment on Friday. In an interview with TheStreet, Jim Cramer says he purchased Bitcoin (BTC) Friday morning when.

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