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Market Overview - Page 594


Watch Out Bears, Crypto’s Only Getting Started: Coinbase CTO
Watch Out Bears, Crypto’s Only Getting Started: Coinbase CTO

Coinbase CTO Balaji Srinivasan ignited a Twitter firestorm yesterday when he tweeted that while 63% of the world’s adults own smartphones, only 8% of those in the U.S. and less than 1% worldwide own cryptocurrency, indicating there is a potential.

US Consumer Sentiment and Fed Monetary Policy Report are due to be released
US Consumer Sentiment and Fed Monetary Policy Report are due to be released

At 11:00 GMT, UK MPC Member Cunliffe is due to speak at the Cumbria Chamber of Commerce, in England. GBP pairs can move because of this event. At 14:00 GMT, US Michigan Consumer Sentiment Index (Jul) is expected to come.

US President Trump tells UK PM May “No Hard Brexit, No Trade Deal”
US President Trump tells UK PM May “No Hard Brexit, No Trade Deal”

President Trump has spent yesterday in Europe where he attended a NATO meeting before travelling to the UK. He left Brussels with the commitment of NATO members to meet their agreed 2% spending target. Reports from the meeting suggested that.

Crypto Exchange Binance is Backing the World’s First Decentralized Bank in Malta
Crypto Exchange Binance is Backing the World’s First Decentralized Bank in Malta

The hype surrounding the little island of Malta where the crypto space is concerned continues to take new turns with the announcement of a token-based bank now on the horizon. One of the main stumbling blocks for the so-called ‘Blockchain.

Crypto Market Drops Another $10 Billion as Bitcoin Price Retreats to $6,150
Crypto Market Drops Another $10 Billion as Bitcoin Price Retreats to $6,150

Over the past 24 hours, the valuation of the crypto market has dropped by $10 billion, as bitcoin fell to $6,150 and ether dropped below $440. Even after recording a steep 5 percent fall from $6,700 to $6,400 and demonstrating.

Oil prices drop back into the June price range while USD strengthens
Oil prices drop back into the June price range while USD strengthens

The WTI Oil price fell from $72.98 to $68.68 yesterday despite the inventories data showing a draw of -12.6M barrels which is the biggest since September 2016. Libya has said it would lift restrictions on exports and production would return.

US CPI data on the way as US President Trump heads to the UK
US CPI data on the way as US President Trump heads to the UK

At 08:30 GMT, UK BOE Credit Conditions Survey will be published. This is a survey of lenders which asks respondents to rate the level of credit conditions, including secured and unsecured loans to households, small businesses, non- financial corporations and.

Torrent Site Pirate Bay Warns Users About Monero Mining Software
Torrent Site Pirate Bay Warns Users About Monero Mining Software

Torrent website The Pirate Bay is doubling down on its plan to use visitors’ processing power to mine crypto. In a disclaimer recently added to the bottom of its homepage, the website said that “by entering TPB you agree to.

GPU Prices Fall Following Slump in Cryptocurrency Markets
GPU Prices Fall Following Slump in Cryptocurrency Markets

The price of specialized graphics processing units (GPUs) has been declining along with sinking prices in digital currency markets, Computerworld reported July 10. While at the end of 2017 and beginning of 2018 cryptocurrency mining caused a sharp rise in.

Top Economists Stiglitz, Roubini And Rogoff Renew Bitcoin Doom Scenarios
Top Economists Stiglitz, Roubini And Rogoff Renew Bitcoin Doom Scenarios

Three of the most respected economists in the world – Kenneth Rogoff, Nouriel Roubini and Joseph Stiglitz – have repeated their past criticisms of bitcoin, saying governments will regulate it “into oblivion” in an effort to fight money laundering and.

Here Is Why Ripple Separating itself from XRP, the Coin, is a Good Thing
Here Is Why Ripple Separating itself from XRP, the Coin, is a Good Thing

For a very long time, crypto traders and enthusiasts have continually used Ripple to refer to the digital asset known as XRP. It was okay to do so during the months of November and December last year, but when the.

Less Than Half of ICOs Survive Four Months After Sale, Study Finds
Less Than Half of ICOs Survive Four Months After Sale, Study Finds

Despite data from two recent studies suggesting that investors are still bullish on ICOs (Initial Coin Offerings), a research conducted by Boston College academics reveals that most crypto startups relying on crowdfunding have a pretty short lifespan. According to the.

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