Market Overview - Page 492

Bitcoin has a lingering problem that few people are talking about amid the renewed exuberance of the recent price surge. Hardly anyone is using the world’s largest cryptocurrency for anything beyond speculation. Data from New York-based blockchain researcher Chainalysis Inc..

Market focus The U.S. President shook the markets again, triggering a new wave of concerns about the global economy growth rate. Trump announced 5% tariffs with Mexico from June 10, with increase monthly up to 25%. The US president referred.

Institutional investors and billionaires are beginning to eye cryptocurrencies and looking forward to becoming whales to control the market, a Forbes report revealed. Eleesa Dadiani, the founder of Dadiani Syndicate, a peer-to-peer network, reportedly claimed that a client of hers.

Important upcoming events and publications for May 31 (GMT): 12:00 Germany Consumer Price Index. Risks for EUR: Moderate. May’s data is expected to show a slower growth rate to 1.6% y/y after a jump to 2.0% a month earlier. The.

China has halted purchases of American soybeans in another move in the escalated trade war with the U.S., according to a Bloomberg report. Chinese buyers have stopped ordering and don’t expect to resume the purchases due to the disagreement over.

Some think it’s too early to call it, but the Bitcoin (BTC) bull run is seemingly back on the table. Over the past two months, the cryptocurrency market has seen the bitcoin price double, rallying from $4,200 to $8,600, the.

Market focus Demand for defensive bonds and currencies received its impulse on Wednesday amid a wave of fears of protracted trade wars. However, by the beginning of trading in Europe, there has been some recovery in key stock indexes, as.

Bitcoin SV (BSV) gained 93% in value, coinciding with the spread of fake news regarding its imminent re-listing on Binance. Chinese investors may have been hit hard after a doctored WeChat screenshot was circulated around the country’s “crypto media.” That’s.

Important upcoming events and publications for May 30 (GMT): 12:30 U.S. GDP Second Estimate. Risks for USD: moderate. Preliminary data showed an annualized growth by 3.2%, and it is expected a slight correction to 3.1%. Strong data can further strengthen.

Oil prices tanked on Wednesday morning after China upped the ante in the trade war, hinting at stifling rare earth minerals exports to the United States—a move that rekindled concern about the global economy and had investors flee risk assets..

Encrypted messaging service Telegram will purportedly launch its Telegram Open Network (TON) in the third quarter of 2019, according to crypto news site The Block. An internal memo sent to investors reportedly said that the network would launch later this.

As Bitcoin price inches closer to $10,000, the market is still showing signs of disbelief due to the speed and power at which Bitcoin rose out of the depths of the bear market. No one expected the crypto asset to.