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Market Overview - Page 316


$11,000 Bitcoin Just Happened: What’s Fueling the Massive Pump?
$11,000 Bitcoin Just Happened: What’s Fueling the Massive Pump?

The bitcoin price peaked at $11,417.11 Monday evening, up more than $1,500 on the day. At the time of writing, the digital asset was sitting on a gain of 13% at $11,233, according to TradingView. From a technical standpoint, bitcoin’s.

European stocks tick higher as investors monitor U.S. stimulus hopes, coronavirus cases
European stocks tick higher as investors monitor U.S. stimulus hopes, coronavirus cases

European stocks advanced on Tuesday morning as signs of progress on fresh U.S. government stimulus efforts seemingly outweighed concerns about a burgeoning coronavirus resurgence worldwide. The pan-European Stoxx 600 added 0.5% in early trade, with construction and material stocks climbing.

Hong Kong’s new tech index up nearly 2.9% on second day of trade
Hong Kong’s new tech index up nearly 2.9% on second day of trade

Hong Kong’s new tech index rose on its second day of trading as experts said its diverse list of constituents will be attractive for traders looking to invest across the sector. The Hang Seng Tech Index rose 2.64% as of.

The dollar raises its head after the fall
The dollar raises its head after the fall

The weakening of the dollar on Monday made a threatening turn, triggering a wave of stop orders, exacerbating the situation. Very often,  such sharp growth impulses are followed by reversals. EURUSD seems overbought During the day, the pair’s rate jumped.

Bitcoin Price Finally Snaps Multi-Year Downtrend, but Is $20K Now Possible?
Bitcoin Price Finally Snaps Multi-Year Downtrend, but Is $20K Now Possible?

Bitcoin (BTC) price rallied within $50 of the $11,000 mark after managing a strong breakout above the $10,500 level. For the past 6 months analysts have kept a laser sharp focus on the key level and many forecast that Bitcoin.

European equities to outperform U.S. stocks
European equities to outperform U.S. stocks

European equities could jump 10% on the back of a historic agreement over fiscal stimulus in the European Union, Morgan Stanley said in a note Tuesday. After one of the longest ever European summits a week ago, the 27 member.

What drives EURUSD higher
What drives EURUSD higher

EURUSD has updated its 22-month high, breaking above 1.1760. The growth of the euro can be explained by the influence of the Swiss National Bank. It is trying to weaken the franc, buying mostly euros in its FX reserves. In.

Ethereum Price Rally and DeFi impact
Ethereum Price Rally and DeFi impact

On Saturday Bitcoin (BTC) and Ether (ETH) price perked up as BTC briefly pushed above $9,700 and Ether set a 2020 high at $309. The weekend surge comes as a bit of a surprise as weekends are typically marked by.

Global Second Waves Emerge; China Cases Jump
Global Second Waves Emerge; China Cases Jump

Health officials across the globe are grappling with second waves of the coronavirus pandemic, with outbreaks from China to Spain serving as reminders of the difficulty in permanently stamping out the pathogen. China, where the virus first emerged, reported the.

Bitcoin Price Logs Two-Month High Above $10,000
Bitcoin Price Logs Two-Month High Above $10,000

Bitcoin‘s price crossed into five figures on Sunday to hit its highest level in nearly two months. However, it still lags Ethereum’s ether token, which recently traded at 13-month highs. Bitcoin rose to $10,135 at 10:05 UTC – a level.

Moving Beyond Warren Buffett: Who Can ‘Oracle’ Tech Stocks?
Moving Beyond Warren Buffett: Who Can ‘Oracle’ Tech Stocks?

Warren Buffett has an unparalleled record of investing in winning businesses for epic returns. What does it say about the environment for capital markets, that the Oracle of Omaha’s last decade was a lost decade? From 1964 to 2019, Berkshire.

Gold updates records, but not without caution
Gold updates records, but not without caution

Nothing seems to be standing in the way of Gold right now. The aggravation of relations between China and the United States is causing traction in protective assets, thus the yen and the franc are growing. Shares in Shanghai and.

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