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Market Overview - Page 584


Venezuela's Maduro Orders Banks to Adopt Petro Cryptocurrency
Venezuela's Maduro Orders Banks to Adopt Petro Cryptocurrency

Venezuelan banks have been ordered to use the petro, the Maduro government-launched cryptocurrency, as a unit of account. Wire services AFP reported Tuesday that “all financial information” must be denominated in both the bolivar – Venezuela’s official currency – as.

Stock markets profit-taking thrust can support the dollar in the coming days
Stock markets profit-taking thrust can support the dollar in the coming days

The dollar is almost unchanged to the major currencies in the past 24 hours; it managed to recover the losses incurred on Tuesday morning. The dollar index fell to 94.35, the lows since August 1 following the surge in demand.

Bitcoin Has Jumped $300 To Over $7,000 — Here's Why
Bitcoin Has Jumped $300 To Over $7,000 — Here's Why

Despite the U.S. Securities and Exchange Commission (SEC) rejecting a total of nine separate proposals for bitcoin exchange-traded funds (ETFs) last week, the bitcoin price has managed to jump again to over the psychological $7,000 mark — adding $200 at.

$6 Billion Daily Crypto Volume is Being Faked, How Can it be Combated?
$6 Billion Daily Crypto Volume is Being Faked, How Can it be Combated?

Earlier this week, the Blockchain Transparency Institute (BTI) published a report claiming that the global crypto exchange market is faking $6 billion of its daily volume. The researchers at BTI evaluated the user activity and traffic of the market’s biggest.

This is what will stop the record stock market
This is what will stop the record stock market

The U.S. stock market achieved its longest rise in its history on Aug. 22, with the Standard and Poor’s 500 index SPX, +0.03% up by 230% since 2009. Although this wasn’t the biggest increase in a bull market, it marked.

Bitcoin Breaks Above $7,000 as Crypto Market Rallies Into Green
Bitcoin Breaks Above $7,000 as Crypto Market Rallies Into Green

Tuesday, August 28: crypto markets are seeing strong positive momentum bolster a persuasive recovery, as Bitcoin (BTC) breaks above the $7,000 price point and all but 3 altcoins amid the top 100 cryptocurrencies post strong gains on the day. Growth.

Upside Calling? Bearish Bets on Bitcoin Futures Hit Record Low
Upside Calling? Bearish Bets on Bitcoin Futures Hit Record Low

The bearish sentiment in the bitcoin (BTC) futures market hit a record low last week, indicating that the worst of the leading cryptocurrency’s price plunge just might be in the past. The non-commercial futures contracts of bitcoin, traded by large.

Dash Partners With Kripto Mobile to Launch Phones Pre-Loaded With Dash, Entire Dash Ecosystem
Dash Partners With Kripto Mobile to Launch Phones Pre-Loaded With Dash, Entire Dash Ecosystem

Dash announced a strategic partnership with Kripto Mobile to expand Dash’s user base in Latin America. In a partnership officially launched at the most recent Dash conference in Caracas, Venezuela last month, Kripto Mobile Corporation (KRIP) announced an exclusive deal.

Turkish lira weakens against dollar, minister warns on sanctions
Turkish lira weakens against dollar, minister warns on sanctions

The Turkish lira weakened on Tuesday as investors weighed up Turkey’s efforts to manage its rift with the United States after Finance Minister Berat Albayrak warned that U.S. trade sanctions against Ankara could destabilise the Middle East. The row with.

U.S. trade negotiations with Mexico have stopped flight to the dollar, but hardly for long
U.S. trade negotiations with Mexico have stopped flight to the dollar, but hardly for long

Mexico agreed to review the trade agreement with the United States on NAFTA. This became the good news for risky assets, including Asian stock markets, inspiring optimism that the trade disputes between the countries will be resolved further in the.

IOTA Price Spikes 21 Percent after Partnership with Japanese Giant Fujitsu
IOTA Price Spikes 21 Percent after Partnership with Japanese Giant Fujitsu

The IOTA price today jumped 21 percent against the US Dollar owing to a strong push from Japan. Fujitsu, a Tokyo-based multinational IT equipment company, released a paper explaining the use of IOTA-focused blockchain as an immutable data storage medium.

Midday EURUSD roundup
Midday EURUSD roundup

USD is trading at around 95.10 for DXY, decreasing by 0.3% from the Friday level. EURUSD is trading near 1.1620. At the start of the day it increased to 1.1650 mark, but by the Europe opening it fell below 1.1600.

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