XRP led the top 10, climbing more than 5%, Crypto market remains mostly higher, While Bitcoin and Bitcoin Cash showing a slight correction after the boost they had last week.
Cryptocurrencies back in the green: The crypto market showed gains over the past 24 hours, as all top 10 cryptos were seen higher. At the time of writing, Bitcoin was up more than 2%, climbing back above the $4,000 mark. Other cryptos registered larger gains, including EOS (+11%) and Cardano (+7%).
The British pound encountered volatile waters last week, concluding the session up 2.10%. Brexit was the principal driver, with Parliament kicking off a series of votes by rejecting PM May’s Withdrawal Agreement for a second time Tuesday, and precipitating votes on a no deal (also ruled out), and finally whether to extend Article 50 beyond […]
Challenging fresh 2019 highs at 97.71, the US dollar put in solid gains last week, up 0.96%. On the data front, US ISM non-manufacturing PMI reported strong gains (59.7 vs. expected 57.4). Total non-farm payroll employment was little changed in February (+20,000 – the fewest in more than a year), after increasing by 311,000 in […]
First, let me tell you what is FX Options if you are not familiar with it, FX Options combine features of regular options and Forex. It’s similar to binary options in a way but it’s not totally identical, with Binary options you can either win or lose the amount you invested without early cash out, […]
The cryptocurrency market surged over the past 24 hours, as all top 20 cryptos registered gains. As of the time of writing, two top 10 cryptos, EOSand Litecoin, showed double-digit gains, while Bitcoin was up more than 3%, nearing the $3,900 mark. The crypto market has now regained all of the losses seen last Monday, reaching a combined market cap of more than […]
Binance Coin leaps 10%: While the majority of top 10 cryptos showed little movement over the past 24 hours, including Bitcoinwhich was nearly flat at the time of writing, Binance Coin (BNB)showed impressive gains, climbing more than 10%. The recent price surge erased all losses suffered by BNB since the major price dip in the crypto market last Sunday.
Underpinned by a better-than-expected US growth reading and robust US Treasury yields – the 10-year yield chalked up its third consecutive gain, reaching highs of 2.76% – the greenback pared earlier losses and concluded the week marginally in the red by 0.05%, according to the US dollar index. Technically, the top edge of a monthly […]
Down 0.42%, according to the US dollar index, Wednesday proved to be a turning point for the greenback last week. On the much awaited FOMC rate decision holding pat, dovish tweaks in the latest FOMC statement and Fed’s Chairman Powell position shifting to more of a dovish stance, the US dollar, engulfing Monday and Tuesday’s […]
Shares of Amazon.com Inc. slumped 3.9% in morning trade Friday, as a downbeat outlook offset fourth-quarter earnings and revenue beats, but the e-commerce giant managed to hold onto its title as the largest U.S. company by market capitalization. With 491,202,890 shares outstanding as of Jan 23, according to Amazon’s annual report, the market cap is […]
Apple Inc. briefly blocked Alphabet’s Google from distributing internal iOS apps following reports that a Google app improperly harvested user data, according to multiple reports Thursday.
Wall Street closed higher on Friday, after President Trump announced a deal to temporarily end the government shutdown, and keep it open until mid-February. The DJ30, SPX500 and NSDQ100 all finished in the green, notching a five-week win streak. The tech sector showed strong gains, as both Apple and Netflix closed more than 3% higher, and Facebook was up more than 2%. PayPal also climbed more than 2%, […]
On-demand meal-delivery startup Munchery has gone out of business, the company said in an email to customers Monday. “Today, with a heavy heart, we’re reaching out to announce that Munchery is closing its doors and ending operations effective immediately. Any outstanding orders with Munchery will be canceled and refunded,” the email said.
President Trump in comments Saturday said stock-rallying reports this week that trade talks with China would include the lifting of tariffs against the world’s second-largest economy weren’t true.
BlackRock Inc. , the world’s largest asset manager, inadvertently posted confidential information about thousands of financial adviser clients on its site, Bloomberg News reported late Friday, citing a glimpse of the released data before it was removed by the investment firm. The data were linked on one of the company’s web pages dedicated to its […]