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Market Overview - Page 577


Crypto market cap makes 4-week high, tops $220 billion
Crypto market cap makes 4-week high, tops $220 billion.

Bitcoin prices moved higher Wednesday, trading above $6,500 for the first time since mid-October. A single bitcoin BTCUSD, -0.70% was last changing hands at $6,531.01, up 1.5% since Tuesday at 5 p.m. Eastern Time on the Kraken exchange. The move.

Tax Nightmare: Student Invested $5k in Ethereum & Now Owes $400k in Taxes
Tax Nightmare: Student Invested $5k in Ethereum & Now Owes $400k in Taxes.

In May 2017, a college student based in the US invested $5,000 in Ethereum (ETH), when the digital asset was worth around $50. Within merely months, the price of ETH skyrocketed from $50 to $1,281 at its peak, as the.

China October export growth surprisingly strong in race to beat higher U.S. tariffs
China October export growth surprisingly strong in race to beat higher U.S. tariffs.

China reported stronger-than-expected exports for October as shippers rushed goods to the United States, its biggest trading partner, seeking to beat higher tariff rates due to kick in at the start of next year. Import growth also defied forecasts for.

Important upcoming events and publications
Important upcoming events and publications.

07:00 (GMT) Germany trade balance is in a trend to decline from the end of 2017, both due to the exhaustion of the effect of euro decline and due to the slowdown of China’s growth. Interrupting this trend is able.

Oil slips after U.S. output hits a new record, stocks rise
Oil slips after U.S. output hits a new record, stocks rise.

Oil prices fell on Wednesday, continuing their recent slide after surging U.S. crude output hit another record and domestic inventories rose more than expected. In early trade, prices had risen after a report that Russia and Saudi Arabia are discussing.

Bitcoin Market Share Falls to Monthly Low as Ripple and Bitcoin Cash Rally
Bitcoin Market Share Falls to Monthly Low as Ripple and Bitcoin Cash Rally.

Bitcoin market dominance has fallen to a monthly low of just over 51% of the overall market capitalization while Ripple and Bitcoin Cash have both rallied multiple percentage points over the past week. Bitcoin’s overall value in the cryptocurrency market.

FxPro: U.S. stock demand recovers after elections
FxPro: U.S. stock demand recovers after elections.

Preliminary estimates of the U.S. election results support a positive mood on the world markets, reducing the demand for protective assets and causing some dollar weakening. It should be noted that market movements are very moderate. The dollar index sank.

Crypto Market Volume Explodes to $13 Billion as Traders Grow Optimistic
Crypto Market Volume Explodes to $13 Billion as Traders Grow Optimistic.

Over the past three days, the volume of major cryptocurrencies and the rest of the crypto market has increased substantially, from around $10 billion to $13 billion. Bitcoin, in particular, has seen a large increase in volume from $3.1 billion.

S&P 500 futures up as Democrats capture U.S. House
S&P 500 futures up as Democrats capture U.S. House.

U.S. stock futures held onto gains on Tuesday after media projections showed the Democrats winning control of the House of Representatives in U.S. midterm congressional elections. With President Donald Trump’s Republican party holding onto their majority in the Senate, according.

Important upcoming events and publications
Important upcoming events and publications.

07:00 (GMT) German Industrial production haven’t got a strong influence on the #EUR dynamics usually, but it’s still a good country and region economic activity indicator. If the values are ​​worse than have expected, we’ll see some pressure on the.

Iran oil exports to plummet in November, then rebound as buyers use waivers
Iran oil exports to plummet in November, then rebound as buyers use waivers.

Iran’s oil exports have fallen sharply since U.S. President Donald Trump said at mid-year he would reimpose sanctions on Tehran, but with waivers in hand the Islamic Republic’s major buyers are already planning to scale up orders again. The original.

Iran oil exports to plummet in November, then rebound as buyers use waivers
Iran oil exports to plummet in November, then rebound as buyers use waivers.

Iran’s oil exports have fallen sharply since U.S. President Donald Trump said at mid-year he would reimpose sanctions on Tehran, but with waivers in hand the Islamic Republic’s major buyers are already planning to scale up orders again. The original.

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