Market Overview - Page 563

A three-week stock market sell-off may signal concerns that the massive stimulus from U.S. tax cuts and government spending will fade sooner than expected, a central issue for the Federal Reserve as it considers when to halt interest rate hikes..

Cryptocurrency exchange and brokerage giant Coinbase has provided a major stamp of approval to one of several recently launched USD-pegged cryptocurrency “stablecoins” seeking to supplant tether (USDT) as the leader in this burgeoning market niche. The San Francisco-based Coinbase on.

Oil prices on Wednesday clawed back a fraction of their hefty losses the day before that came after Saudi Arabia said it would make up for supply disruptions from U.S. sanctions starting next month on Iran’s petroleum exports. Front-month Brent.

The DCR/USD rate on Tuesday touched new weekly highs at 50.97-fiat on Binance. The pair underwent a sharp bull run – more like a pump – as traders went on a buying-the-highs spree. It is now developing a range level.

Binance, the world’s largest crypto exchange, has voluntarily engaged in an initiative to eliminate money laundering on its platform. For years, despite the inherent lack of privacy measures on major public blockchain networks like Bitcoin and Ethereum that discourage the.

Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), will list its highly-anticipated bitcoin futures contract in less than two months, on December 12. Known as a physically-settled daily futures contract, the contracts will be backed by.

Stock futures pointed to a losing session on Tuesday, as appetite for riskier assets such as equities took a knock as a two-day rally for China’s stock market began to unravel. Investors were also braced for a heavy deluge of.

Alertness quickly returned to the world markets. American stocks failed to support the positive sentiment of Asian markets overnight. As a result, S&P500 lost 0.4%. At Asian session, the futures for this index has lost another 0.8% this morning, returning.

The next time your nocoiner friends or relatives criticize your decision to allocate a (hopefully reasonable) percentage of your investments into bitcoin, you can tell them that you’ve chosen to put money the flagship cryptocurrency because you don’t have the.

Transaction fees on the monero network have fallen sharply after last Thursday’s system-wide update. The reduction comes in the wake of the activation of a highly-anticipated form of cryptography named “bulletproofs” on the privacy-centric cryptocurrency Thursday.

In the last 24 hours, the Bitcoin price has experienced a gradual decline from $6,500 to $6,410, struggling to demonstrate momentum in the relatively low region of mid-$6,000. On October 21, CCN reported that the low volume of Bitcoin remains.

Chinese stocks surged for a second day on Monday, propelled by a chorus of reassuring comments from leaders and top regulators. The Shanghai Composite rallied 4.6% to 2668 and the smaller Shenzhen Composite soared roughly 5.4%, putting both on pace.