Crypto trading Archives

The Rising Yield On The US Treasury Heavily Impacts China

Pentagon’s ex-software chief said China has won AI battle

Leave a Comment / Technology / By Amanda Hansen

The Financial Timers revealed that the Pentagon’s former software chief, Nicolas Chaillan, announced China has won the AI battle with the United States. According to the latest news, the country is heading towards global dominance because of its technological progress. Furthermore, western intelligence assessments reveal that within a decade, China will likely dominate many key …

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Bitcoin briefly hits $60,000

Leave a Comment / Bitcoin, Cryptocurrencies / By Amanda Hansen

On Friday, bitcoin momentarily surpassed $60,000 for the first time since April, as investors cheered the potential of the SEC approving the first US bitcoin futures ETF in the coming days. According to CoinGecko data, the digital asset reached a 24-hour high of $60,018, closing in on its all-time high of $64,895. It brings bitcoin’s …

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Dollar Hits One-Year High

Leave a Comment / Forex / By Amanda Hansen

On Tuesday, the dollar touched a one-year high on hopes that the United States Federal Reserve will announce a tapering of the bond-buying program next month. Hence, investors fled to the safe-haven currency in response to rising energy costs. On the two-year Treasury note in the United States, Yields rose to their highest level in …

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The Dollar Rises As Rising Inflation Signals Rate Hikes

U.S. Dollar, Federal Reserve, and Important Details

Leave a Comment / Forex / By Amanda Hansen

The U.S. dollar jumped to a one-year high on Tuesday on expectations the central bank will announce a tapering of its massive bond-buying program next month, and as concerns over soaring energy prices sent investors to the safe-haven greenback. On Tuesday, yields on the U.S. two-year Treasury note jumped to the highest in more than …

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Shiba Inu and its crazy surge: How can you buy the token?

Leave a Comment / How-to / By taylor smith

Cryptocurrencies have experienced crazy surges recently. Even joke-based Dogecoin and its altcoins are rocking. While Dogecoin is going to the moon, Shiba Inu coin is much likely aiming at Mars. SHIB is Ethereum based crypto token, and it rose radically in the past several months. This is partly due to Dogecoin’s recent increase since both coins …

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What is China doing with bitcoin mining?

China’s Crypto Ban

Leave a Comment / Bitcoin, Cryptocurrencies / By Amanda Hansen

Last month, the People’s Bank of China (PBoC) issued a document criminalizing all cryptocurrency activity virtually. When the memo began to circulate online, the price of Bitcoin (BTC) fell by more than 6.5 per cent. However, industry analysts quickly argued that the announcement could have been the perfect dip-buying opportunity. China’s crypto crackdown began years …

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FTX.US has expanded support to the Solana

Leave a Comment / Cryptocurrencies / By Amanda Hansen

FTX.US, which launched its NFT marketplace last month, has added Solana blockchain compatibility and expects to add Ether tokens soon. The Solana blockchain is now supported by FTX.US’s nonfungible token (NFT) marketplace, allowing users to trade, deposit, and withdraw NFTs that adhere to the Metaplex token standard. On Tuesday, the FTX US registered branch announced …

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Dollar Reached its Highest Level Versus the Yen in Years

Leave a Comment / Forex / By Amanda Hansen

The U.S. dollar reached its highest point versus the yen in nearly three years on Monday as investors remained confident that the Federal Reserve will announce a tapering of its massive bond-buying next month despite softer U.S. payrolls. The jobs data pushed U.S. bond yields higher, and as a result, the yen, which is sensitive …

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Bitcoin Makes a Push for $57K

Leave a Comment / Bitcoin, Cryptocurrencies / By Amanda Hansen

Bitcoin hit a new five-month high early Monday, extending a two-week price gain despite a dismal U.S. jobs report on Friday failing to dampen hopes for Federal Reserve (Fed) tapering in November. The market also ignored data indicating allegedly bearish posture by leveraged funds in the futures market. According to CoinDesk 20 data, the cryptocurrency …

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Why Cryptocurrency Miners Are Moving to Texas

Leave a Comment / Cryptocurrencies / By John Marley

The US has been dubbed as the new center of the cryptocurrency mining world, as it has been quietly building up its hosting capacity for years in order to become the new bitcoin mining hub. With the global pandemic affecting various industries, people who were looking for establishments to hold their large-scale investments turned their attention …

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Weekly Overview: Forex, Stocks, Crypto, Commodities Oct 8

Leave a Comment / Weekly Overview / By taylor smith

Lots of major events influence global markets. Our weekly overview will analyze what has happened in Forex, Stocks, crypto, and commodity markets this week. Forex weekly Overview Let’s start with the forex market‘s weekly overview. The U.S. dollar rose slightly against major currencies on Friday but within a narrow range. That was mainly due to …

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Bitcoin coin design with a background of charts on top of other bitcoin coins

Bitcoin Breaches the $50,000 Mark

Leave a Comment / Bitcoin, Cryptocurrencies / By Amanda Hansen

Last month, Bitcoin broke through the $50,000 barrier for the second time. Experts explain why Bitcoin’s value has skyrocketed. Bitcoin, the oldest and most popular cryptocurrency, has breached the infamous $50,000 mark for the first time. The spike in Bitcoin price has once again boosted market emotions, with brokerages and market watchers anticipating another large …

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U.S. Dollar Was Close to a 14-Month High Against the Euro

Leave a Comment / Forex / By Amanda Hansen

The U.S. currency was close to a 14-month high against the euro on Thursday, as a surge in energy prices raised the risk for the U.S. Federal Reserve to act sooner to normalize policy. The dollar was slightly lower at $1.1563 per euro. On Wednesday, the greenback reached $1.1529 for the first time since July …

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Stocks down for the final week of a volatile month

Leave a Comment / Uncategorized / By Amanda Hansen

Stock futures declined on September 27 as traders braced for the final week of a volatile month. S&P 500 futures dropped by 0.3%, while Nasdaq 100 futures dipped around 1%, as tech stocks showed weakness in premarket trading. Meanwhile, futures for Dow Jones Industrial Average futures held a rise of 30 points. Remarkably, energy stocks …

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btc, bitcoin, BitMEX and U.S. markets, Chia Network

Bitcoin price hits 5-month high

Leave a Comment / Bitcoin, Cryptocurrencies / By Amanda Hansen

Following a market-wide rally, Bitcoin returned above $50,000 this week for the first time since early September. On Wednesday, the cryptocurrency surpassed $55,000. The most recent price rises are coming after bitcoin temporarily dipped below $30,000 at the end of July. Bitcoin is now only $10,000 away from reaching an all-time high in mid-April. Other …

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Crypto trading

Pentagon’s ex-software chief said China has won AI battle

Bitcoin briefly hits $60,000

Dollar Hits One-Year High

U.S. Dollar, Federal Reserve, and Important Details

Shiba Inu and its crazy surge: How can you buy the token?

China’s Crypto Ban

FTX.US has expanded support to the Solana

Dollar Reached its Highest Level Versus the Yen in Years

Bitcoin Makes a Push for $57K

Why Cryptocurrency Miners Are Moving to Texas

Weekly Overview: Forex, Stocks, Crypto, Commodities Oct 8

Bitcoin Breaches the $50,000 Mark

U.S. Dollar Was Close to a 14-Month High Against the Euro

Stocks down for the final week of a volatile month

Bitcoin price hits 5-month high

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