Market Overview - Page 564

Bitcoin prices and trading volume might keep plummeting, and the current bear market could last another 18 months. That’s the sobering assessment of Arthur Hayes, the CEO of the Bitcoin Mercantile Exchange (BitMEX), the world’s largest bitcoin derivatives trading platform..

The economic impact of the intensifying trade war between Washington and Beijing appeared to deepen last month with factory activity and export orders weakening across Asia, but analysts warned the worst was yet to come. In a sign conditions for.

American markets added on Wednesday, finishing the last trading session of October by a growth of 1.1% on S&P500 and 1.0% of DJI. However, October became the worst in the last 10 years, causing a decline of major U.S. indices.

The cryptocurrency bitcoin has been touted by its proponents as a way to help solve our most pressing problems, from homelessness and human trafficking to cancer and the global financial crisis. Bitcoin’s ability to reduce fraud and security risk has.

Important upcoming events and publications (GMT): 9:30 U.K. Manufacturing PMI is able to temporarily increase the volatility of the GBP and the national stock market. For almost a year, this figure has declined, indicating a slowdown in the growth of.

Ripple’s XRP was among the best performing cryptocurrencies in September. But the bullish sentiment hasn’t sustained well this month. The XRP-to-USD pair has recorded a 24 percent monthly loss as October heads to a close, falling from 0.5831-fiat to 0.4400-fiat..

Ripple’s New Chief Market Strategiest, Cory Johnson, is certainly a known quantity in the traditional financial world. He co-founded TheStreet.com with CNBC’s Jim Cramer – that guy who’s always freaking out over charts and events on Wall Street – and.

Seven years ago, Marshall Hayner gave his grandfather one bitcoin, worth about $30. On the paper wallet he fashioned to commemorate the gift, the U.S. entrepreneur and software developer wrote: “Do not open until $100,000.” Bitcoin on Wednesday celebrates ten.

An official gauge of China’s factory activity dropped to a 27-month low in October as escalating trade tensions with the U.S. continued to weigh on sentiment, especially smaller firms’. The official manufacturing purchasing managers’ index dropped to 50.2 in October.

On Wednesday morning stock markets are developing a rebound. However, the currency markets still demonstrate a demand for dollar. Futures on S&P500 have added 0.3% after the growth by 1.9% the day before. Japanese Nikkei225 has grown by more than.

Important upcoming events and publications (GMT): 06:30 Bank of Japan press conference may cause volatility in pairs with #JPY, if Chairman Kuroda hints at monetary policy changes. 10:00 Eurozone consumer price index is able to influence the dynamics of #EUR,.

Bitcoin “Patient Zero” Wences Casares, the founder of Bitcoin (BTC) wallet startup Xapo, said that the seminal cryptocurrency may take years to prove successful, in an interview with Bloomberg Oct. 29. In an interview with Bloomberg, Casares argued that BTC.