Crypto services firm RockX conducted a survey connected with the crypto industry. According to this survey, a majority of Chinese miners expect a huge influx of new Bitcoin buyers within the next six months. Importantly, 57% of Chinese miners expect a large number of Bitcoin buyers to join the market in the near future. Moreover, …
Chinese Crypto Miners, Bitcoin Halving and New Buyers Read More »
Warren Buffett is one fourth-richest person in the world, and this fact shows that Buffett knows how to cope with various challenges. The aviation industry is not an exception. Moreover, Berkshire Hathaway owns significant minority holdings in the U.S. public companies such as American Express, Apple, Bank of America, The Coca Cola Company, etc. However, …
Warren Buffett Sold his Entire Position in Major Airlines Read More »
The U.S. dollar continued rising on Tuesday due to the investors’ concerns about rising tensions between the United States and China. The dollar climbed up by 0.1% to 99.55 against a basket of its rival currencies. It was near an almost two-week high of 100.83 in late April. The greenback strengthened after U.S. President Donald …
U.S. dollar is still high. What about Euro and Chinese Yuan? Read More »
The U.S. has the largest economy in the world followed by China and Japan. However, even for the largest economy, the coronavirus crisis created a lot of problems. Millions of Americans lost their jobs. Moreover, it is hard to say when the economy will get back on track. In this situation, the U.S. Treasury Department …
Treasury Department Plans to Borrow Trillions of Dollars Read More »
Intel also has a partnership with Chinese EV startup Nio to build electric autonomous vehicles.
There are numerous factors that may affect stocks across the world. Tensions between the largest economies fall under this category. Two days ago, U.S. President Donald Trump said he believed that a “mistake” in China was the cause of the spreading coronavirus pandemic. However, he did not present any evidence to support his claim. Meanwhile, …
Largest Economies, Coronavirus Pandemic and Stocks in Asia Read More »
The U.S. dollar rallied on Monday against most major currencies due to U.S. President Trump accusing China of spreading the virus. Concerned investors bought the dollar. The safe-haven Japanese yen was the only currency that rose versus the greenback, last trading up by 0.2% at 106.71. On the other hand, European currencies declined. The euro …
U.S. dollar hit high on Monday. What about the Euro and Yen? Read More »
Crypto exchanges continue to expand their services. Last week, crypto exchange Bitfinex announced the launch of the Bitfinex Pulse social network. This social media platform will help crypto traders to collaborate and exchange ideas. However, unlike most social media platforms, this network will focus on the niche of Bitfinex’s users. The network will produce high-quality …
Rising tensions between the Us and China over the coronavirus weakened risk sentiment. Reuters reported that growing unease at the gulf between asset prices and gloomy economic reality turned investors cautions. Mike Pompeo, the US secretary of the state, said that a significant amount of evidence exists uncovering that the coronavirus developed from a Chinese …
US-China tensions affect Gold; Traders remain cautious Read More »
The trade war between the largest economies in the world was a huge problem for the global economy. However, several months ago the U.S. and China signed the partial trade deal. Nevertheless, the trade war is not over, as there are other issues that China and the U.S. should solve in the future. Also, the …
Tensions Between the U.S.-China Affected the Markets Read More »
The Chinese Yuan was flat at 7.1380 on Monday. However, it collapsed to a six-week low of 7.1555 against the dollar in the offshore market during the last session. If the Yuan declines again, the next levels to watch would be early-September low of 7.1975 or the mid-March low of 7.1651. Investors’ fears that last …
Chinese Yuan still low, while U.S. dollar soared on Monday Read More »
Social media networks such as Facebook, Twitter, and others became part of everyday life. Moreover, a lot of people can’t imagine their lives without social media, and crypto enthusiasts are not an exception. Furthermore, the crypto industry has thrived on social media platforms. It is not surprising that people would like to share their ideas …
Social Media, Enthusiasts and Crypto Exchange Bitfinex Read More »
The coronavirus crisis had a dramatic impact on the U.S. economy and the global economy in general. Nevertheless, when the coronavirus crisis or least the most significant of the pandemic, the U.S. will retain the status of the biggest economy in the world. However, it will take time to get back on track, especially for …
How the Travel Industry Will Adapt to the New Reality Read More »
Tokopedia, Indonesia’s largest e-commerce platform, has eased fears that its users’ payment-information has been compromised. The company investigated an attempted hack and claimed that the details of millions of its users had leaked online. On Saturday, Israel-based data breach monitoring and prevention service Under the Breach tweeted that a hacker had leaked Tokopedia’s database. Its …
Tokopedia Assures Payment Info Remain Secure | WiBestBroker Read More »
The euro gained 0.2% at $1.0977 on Friday. The European Central Bank announced that it would make loans to banks even cheaper. This news caused the euro’s rally on Thursday. However, the currency steadied against the U.S. dollar on the following day. The majority of Europe and Asia were closed on Friday due to the …
The Euro climbed up on Friday. What about the U.S. dollar? Read More »
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