Tag Archives: Bitcoin

The largest digital currency, Bitcoin, managed to set a new record, surpassing the October peak beyond $68,000 Bitcoin prices jumped over the past few hours, reaching a new historical high at $68.5 thousand, while it is now rising around 4%. The market value of Bitcoin has jumped to levels of …

Weaker USD profile prevailed all through the U. S. trading session on Monday. The GBP/USD pair has jumped to 1.3530-35 by weaker USD and EUR/USD was another pair that similarly benefited from the same reason, while Treasury yields continued surging and Gold touched fresh highs. Inflation is still impacting monetary …

Bitcoin has been climbing since early Saturday morning. Truth to say regulation and taxation are on the way with steady steps, but that may be also good news, not only for Bitcoin, but also for , Ethereum, and Dogecoin as well.The value of cryptocurrencies jumped over the weekend and the …

The KSA boosted prices just after refusing to bend to U.S. pressure to pump more crude oil. With OPEC unanimously agreeing to stick to its plans, attention now turns to whether U.S. President Joe Biden will respond.The total active U.S. rig count, which includes those drilling for natural gas, climbed …

Square Inc. reported, Thursday, lower-than-expected revenue for Q3 as less volatile pricing for bitcoin has a significant impact on demand, though the company’s chief financial officer noted “strength” in volume during October.The company posted a break-even Q3, after earning $37 million, or 7 cents a share, in the year-earlier quarter. …

Financial markets stayed calm, on Monday, ahead the storm of three central bank meetings this week; the Reserve Bank of Australia meets Tuesday, the U. S. Fed on Wednesday and the Bank of England Thursday.Global stock markets rose helped by developments on fiscal stimulus and undeterred by concerns of future …

Bitcoin price is around $62,130 per coin, while rivals Ethereum and Dogecoin are trading around $4,335 (+1.71%) 27.4 cents (3.95%) per coin, respectively.The October rally by bitcoin has stabilized the popular cryptocurrency ahead of central bank meetings in the U.S., U.K. and Australia to assess the status of inflation and …

Seven years ago, as regulators in New York were exploring ways to control Bitcoin, executives at Wall Street’s biggest banks were afraid that regulation would also legitimize cryprocurrencies. At the World Economic Forum in Davos in 2014, Jamie Dimon, the chief executive of JPMorgan Chase, the nation’s largest bank, called …

Corporate earnings released Thursday impacted the financial markets which closed the U. S. session’s transactions with significant shift of the assets. Traders are eying the fluctuations caused by U. S. inflation reports and economic data, statements by the European Central Bank Christine Lagarde as well as developments in the negotiations …

The price of one Bitcoin fell more than 5% Wednesday and was trading around $59,000, 12% below its record high only one week ago.Similar steep drop for any other financial, like a stock or bond within such a short time would mean a market correction. For bitcoin, it is just …