Market Overview - Page 248

President Donald Trump said on Thursday he will leave the White House if the Electoral College votes for President-elect Joe Biden, the closest he has come to conceding the Nov. 3 election, even as he repeated unfounded claims of massive.

The price of Bitcoin (BTC) dropped below $16,900 again on Nov. 27 across top exchanges, including Binance. The recent pullback comes as whale exchange deposits started to increase. Ki Young Ju, the CEO of CryptoQuant, reported that the All Exchange.

China’s factory activity likely expanded at a slightly faster pace in November, a Reuters poll showed on Friday, as the world’s second-largest economy steadily recovers from the coronavirus crisis. The official manufacturing Purchasing Manager’s Index (PMI) is expected to rise.

Asian shares stalled near record highs on Friday as investors weighed renewed doubts about a highly-anticipated coronavirus vaccine against hopes that some of the region’s economies will recovery quicker than their Western peers. MSCI’s broadest index of Asia-Pacific shares outside.

The People’s Bank of China (PBOC) could step in following a number of recent bond defaults by Chinese state-linked firms, according to Bank of Communications International’s Hao Hong. “In the past couple of weeks the default situation is somehow getting.

India’s economy is expected to improve in the quarter ending in September, compared to the record drop in growth in the previous three months. Still, analysts say it will be a long road to recovery. Gross domestic product for the.

Bitcoin has plunged by close to $3,000 in less than 24 hours after hitting highs not seen since the end of 2017. The price of bitcoin was trading at $19,374 at 1:45 p.m. London time Wednesday when it began its.

The euro retreated on Thursday after briefly hitting a near three-month high against the dollar as concerns about rising coronavirus cases in Europe grew. The dollar had earlier been on the defensive on downbeat U.S. economic data and optimism about.

U.S. markets are closed for Thanksgiving today, and not much data has been published. Among the important data is the publication of the German consumer climate index from GfK, which fell by December to -6.7 vs -3.2 a month earlier.

Bitcoin (BTC-USD) is back. The most popular cryptocurrency has breached $19,000 and is approaching the record high it touched in 2017, before a spectacular crash. Longtime bull Mike Novogratz said bitcoin is a solid buy for everyday investors. “Bitcoin is.

Brian Armstrong is worried the Trump Administration is about to send the cryptocurrency industry a parting gift. The Coinbase CEO took to Twitter Wednesday night to blast the U.S. Treasury Department’s rumored plans to attempt to track owners of self-hosted.

Bitcoin (BTC) price fell by a whopping 16% to $16,334 on Nov. 26 since achieving its peak at $19,484 the previous day. Data suggests that cascading liquidations were the driving force of the massive correction. Prior to the pullback, the.