Market Overview - Page 516

Despite being down 80 percent from its all-time high, a fairly large number of investors are still cautious and shorting bitcoin in a low price range. Bitcoin shorts achieved a 3-week high earlier this week, demonstrating a  lack of confidence.

The pound is on the move to give away some recent gains, potentially heading to 1.3050 area to USD British Parliament voted to send Theresa May to Brussels to ask for a Brexit respite. This step should also be considered.

Important upcoming events and publications for March 15 (GMT): 08:55 BOJ Governor Haruhiko Kuroda speech after monetary policy meeting can cause higher than usual volatility. Since the end of the year, the heads of the largest central banks of developed.

From a massive movement of $435 million worth of Bitcoin to a big launch for Stellar, here’s a look at some of the stories breaking in the world of crypto. The fourth biggest Bitcoin whale in existence may be done.

A fresh bulk of the U.S. data is quite alarming, although it is unlikely to be a reason for the market’s sale-off Import prices rose by 0.6% in February, twice as much as the expected growth by 0.3%. The year.

The refusal to leave the EU without a deal reinforced the GBP purchases against USD and EUR, but still, there are too much “but” and “if” ahead EUR/GBP out of the trading range Yesterday the British pound showed intraday growth.

Important upcoming events and publications for March 14 (GMT): 12:30 U.S. Unemployment claims grew this year, prompting speculations that the best numbers (lows) are in the past, which is regarded as a signal of impending recession. 14:00 U.S. New Home.

Asian markets were mixed in early trading Thursday, as optimism after British lawmakers rejected a no-deal Brexit was tempered by poor economic data from China and a warning from President Donald Trump that the U.S. may walk away from trade.

Coinbase Pro will have active trading of Stellar Lumens (XLM) by morning. The exchange announced in a blog post earlier today that it is currently accepting deposits. They are conducting the listing in a similar manner to how they did.

The pound surged the most since 2017 after the U.K. Parliament rejected leaving the European Union without a deal, opening up the way for Britain to delay its departure and seek an orderly divorce. Sterling was the best-performing Group-of-10 currency.

Bitcoin has struggled to cleanly break out of the $4,000 resistance level and remain above it for more than three months, staying in a tight range between $3,300 to $4,000. If the dominant cryptocurrency fails to test $4,000 again and.

Oil prices rose on Wednesday, pushed up by ongoing supply cuts from producer cartel OPEC and U.S. sanctions against Iran and Venezuela. International Brent crude oil futures were at $66.85 a barrel at 0341 GMT, up 18 cents, or 0.3.