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Market Overview - Page 241


‘Not a good signal’ — Bitcoin miner sell-off risk hits highest in 3 years
‘Not a good signal’ — Bitcoin miner sell-off risk hits highest in 3 years

Bitcoin (BTC) miners appear to be selling large amounts of BTC once again. Data from CryptoQuant shows that the BTC Miners’ Position Index — a metric tracking the ratio of BTC leaving miners’ wallets — achieved a three-year high. This.

Bitcoin will gain from distrust in traditional finance, says bank strategist
Bitcoin will gain from distrust in traditional finance, says bank strategist

Bitcoin (BTC) poses a significant threat to the world’s reserve currency, the United States dollar, according to a strategist at major American investment bank Morgan Stanley. Ruchir Sharma, chief global strategist at Morgan Stanley Investment Management, believes that the dollar’s.

Oil rises above $49 as vaccine release spurs demand hopes
Oil rises above $49 as vaccine release spurs demand hopes

Oil rose above $49 a barrel on Thursday as hopes of a faster demand recovery after the release of COVID-19 vaccines offset a huge rise in U.S. crude inventories that showed supply remains ample. Britain began vaccinations this week and.

US and European policymakers have stifled share growth
US and European policymakers have stifled share growth

The Nasdaq100 index lost about 2% on Wednesday, spreading doubt in Asian markets on Thursday morning. The decline in Nasdaq was triggered by an antitrust lawsuit against Facebook, as well as a 6% decline in Tesla shares after news of.

Brexit: ‘Large gaps’ remain after trade talks with Ursula von der Leyen
Brexit: ‘Large gaps’ remain after trade talks with Ursula von der Leyen

Downing Street said “very large gaps remain” but talks will continue, with a “firm decision” by Sunday on whether a deal can be reached. Mrs von der Leyen said the two sides were still “far apart”. Talks between the UK’s.

Asia-Pacific markets fall as investors keep an eye on Brexit talks, U.S. stimulus hopes
Asia-Pacific markets fall as investors keep an eye on Brexit talks, U.S. stimulus hopes

Asia-Pacific markets mostly declined Thursday as investors kept an eye on Brexit trade talks as well as ongoing negotiations in the U.S. for a coronavirus relief package. The Nikkei 225 in Japan fell 0.39% after market open while the Topix.

17 states tell Supreme Court they support Texas bid to reverse Biden win
17 states tell Supreme Court they support Texas bid to reverse Biden win

Seventeen states whose elections were won by President Donald Trump told the Supreme Court on Wednesday that they support Texas Attorney General Ken Paxton’s bid to file a lawsuit that could effectively reverse President-elect Joe Biden’s projected Electoral College victory..

Will the ECB be able to reverse the Euro’s growth?
Will the ECB be able to reverse the Euro’s growth?

is supported by positive news on the COVID-19 vaccine. Another factor is the self-sustaining hopes for the end of year rally. The expectation is that government support will allow people more money for spending and investment, thus increasing inflation which.

Bitcoin Price Drops $1,000 in Worst Sell-Off in a Week
Bitcoin Price Drops $1,000 in Worst Sell-Off in a Week

Bitcoin has fallen precipitously in the past few hours and is testing a key level of psychological support near $18,000. At around 06:00 UTC on Dec. 8, the price of the world’s first cryptocurrency fell to around $18,031 from $18,770..

Steve Wozniak-backed token WOZX skyrockets ahead of second listing
Steve Wozniak-backed token WOZX skyrockets ahead of second listing

Apple co-founder Steve Wozniak’s new token, Efforce (WOZX), almost doubled in price today after an astonishing run that saw the price increase around 26X in the past week. WOZX will open for trading on Korea-based exchange Bithumb on Dec. 9,.

$17K CME gap-fill looms after Bitcoin price closes below key moving average
$17K CME gap-fill looms after Bitcoin price closes below key moving average

After spending the last few days trading in a tightening range, Bitcoin (BTC) price dropped from its pennant structure and closed below the 20-day moving average ($18,600). Since topping out at $19,888 a number of analysts cautioned that Bitcoin price.

German exports rise by less than expected in October
German exports rise by less than expected in October

German exports rose by less than expected in October but foreign trade still gave Europe’s largest economy a boost at the start of the fourth quarter as it struggles to avoid slipping into a double-dip contraction. Seasonally adjusted exports rose.

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