Market Overview - Page 538

China-based cryptocurrency mining giant Bitmain has decided to close yet another overseas office – this time in Amsterdam – as part of its ongoing business adjustments. In a statement shared with CoinDesk, a Bitmain spokesperson said that, while the company.

Stocks dropped in Europe and Asia, with U.S. equity futures also declining as China trade data showed a worse-than-expected slump, reigniting concerns about global growth. Treasury yields slipped and the dollar held steady. Technology companies and miners were among the.

Vinny Lingham, CEO of blockchain identity platform Civic, has revised down his short-term Bitcoin (BTC) price prediction on Jan. 11, telling financial news network Cheddar that the cryptocurrency could fall below $3,000. In an interview, Lingham, who had previously forecast.

U.S. stock futures slipped with European shares on Friday, while Asian equities rose at the end of a week when sentiment was mostly bolstered by a dovish tone from the Federal Reserve and hopes for a breakthrough on trade. The.

The World Bank has said it expects Russia’s economy to grow by 1.5 percent this year instead of the previously forecast 1.8 percent. After two years of decline brought by Western sanctions and a collapse in global oil prices, Russia’s.

For Russian businesses, Cyprus just isn’t what it used to be. New Cypriot anti-money laundering rules are compounding the effects of US sanctions against Russia and its high-profile citizens, driving money away from the one-time haven. “Russians are downsizing in.

At the end of last year, market participants repeatedly observed that in the second half of the American session sales were prevailed, which negated the positive moments at the beginning of the day. However, after Christmas, the opposite trend is.

Important upcoming events and publications for January, 11 (GMT): 09:30 U. K. GDP for November is expected to mark some decline in the growth of the economy from 0.4% to 0.3% 3m/3m. A sharper slowdown can negatively affect GBP, returning.

Bitcoin price retreated below $4,000 for the first time this week to trade near $3,750 during Thursday’s early trading period. The price of bitcoin, the world’s first and foremost cryptocurrency by market value, was trading at $4,036 (Bitstamp) at 07:00.

Cryptocurrency exchange Gate.io confirmed that it had lost about $220,000 worth of Ethereum Classic coins – about 40,000 ETC – during the ongoing manipulation of the project’s blockchain network. The exchange confirmed Tuesday that the Ethereum Classic blockchain was under.

Oil prices fell more than 1 percent on Thursday due to the lack of any clear resolution to U.S.-China trade talks and official data that again indicated vast fuel stocks in the United States. U.S. West Texas Intermediate (WTI) crude.

During the Wednesday trading session, the US markets positions were actively restoring, what not to say about the national currency due to news around Fed. Recently, the Reserved System has started to monitor the economic situation before subsequent rising of.