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Markets Update: Bulls Show Signs of Exhaustion as Crypto Prices Taper
23.5.2019
Cryptocurrency prices have dipped slightly since our last markets update as most digital assets are down between 2-7% over the last 24 hours. Today, on May 23, the market capitalization of the entire cryptoconomy is around $237 billion and the daily global trade volume is roughly $77 billion. Also...
Xi Jinping Warns China to Brace for Tough Time Ahead Amidst Trade War
23.5.2019
The trade war between the United States and China has been an incredibly damaging one for both countries, but needless to say, it is the latter which has had a tough time during this prolonged crisis. The Asian nation had put up a brave front throughout the course of the skirmish, but in a stunning...
US Dollar Sustains Two and a Half Year Highs as Trade Tensions Grip
22.5.2019
The trade war between the United States and China has possibly been the most damaging trade issue that has engulfed the world in recent years. It is only natural considering the fact that the two nations are the two biggest economies in the world and when a trade impasse of this nature takes place...
Worsening US-China Trade War Is Behind BTC Price Rise, Digital Currency Group CEO Claims
21.5.2019
The CEO of Digital Currency Group has suggested that the recent rise in bitcoin prices could be linked to the U.S.-China trade war
Zulu Republic’s WhatsApp Move Via Lite.IM Could Change The Crypto Game For The Masses
21.5.2019
Cryptocurrencies are here to stay; there’s no doubt about it. The market withstood the worst times and survived through them, proving their mettle. However, the mass adoption of digital currencies is still a few breakthroughs away. Zulu Republic’s announcement made on Sunday could just be that....
ABN AMRO Eyes Launch of Blockchain Inventory Platform, Dropping Wallet Plan
20.5.2019
As ABN AMRO drops its exploration of a crypto wallet product, the Dutch bank says it's seeking to launch a blockchain platform for trade inventory
Bitcoin (BTC) Price Analysis: Bitcoin’s Intraday Trade Took the Worst Hit in a Year
18.5.2019
Bitcoin (BTC) has suffered the worst intraday loss in a year. The medium-term outlook is bullish; the target price should be 10,000 USD. At a time when the whole crypto sector is looking up to Bitcoin for market guidance, Bitcoin (BTC) has suffered the biggest intraday loss since January 2018....
Japan’s Topix May Increase By 15% In 2020: Morgan Stanley
17.5.2019
Morgan Stanley, a leading investment bank, is expecting the Japanese Topix to increase by close to 15% by mid of 2020. As per a report published last week, it says that the Japanese stocks are the opposite of American stocks. While the American stocks are loved, the Japanese stocks are ‘oversold...
Brazil’s Soybean Farmers: the Big Winners of US-China Trade War
17.5.2019
The trade war between the United States and Chine has comfortably been the most significant development as far as global trade is concerned, and even after months of talks between the two nations, no resolution is yet at sight. In fact, the tensions have escalated after the two countries resumed...
American Consumers Feel The Heat Of Trade War, Walmart Raises Prices
17.5.2019
Trump’s imposition of tariffs on Chinese products attracted a retaliatory tariff hike by China on American products. The latest victim of this trade war is the average American consumer as Walmart in a statement said that it would increase prices on the items that are imported from China....
Microsoft Partnership and Buyback Announcements Send Sony Shares Soaring to New Highs
17.5.2019
When it comes to large corporations like Sony, a lot of effort needs to be made in order to send its shares soaring, and that is what happened yesterday as the company made some major announcement. While stock buybacks have been the flavor of the season for many of the biggest corporations in...
Crypto Markets See Major Correction, BTC Below $7,350 as US Stock Futures Trade Lower
17.5.2019
After a week of deep green and bullish price performance, crypto markets today are seeing a major correction, with bitcoin dropping below the $7,350 mark
Japan Considering Downgrading Its Economy As Per Direct Sources
16.5.2019
A Japanese government source said that the government might downgrade the economic outlook for its country as the factory output and exports fall due to the ongoing trade war with the U.S. and China. The report which will be released next week is also fueling speculation that Prime Minister Shinzo...
Automobile Stocks in the US Show Mixed Signs as Trade Concerns Hit
16.5.2019
When Donald Trump became the President of the United States, one of the most important policy initiatives that the administration had pushed was that of reducing the country’s trade deficit with a range of nations. The administration had decided to raise tariffs as a way of bringing nations to...
Trade War With China Is Good For GSP Countries As Per Report
15.5.2019
The Generalized System Of Preferences is an initiative of the US trade preference program, which gives the third world countries a chance to grow their economy and move out of poverty. As per reports, in the ongoing trade war with China, the GSP countries seem to have an advantage. Some of...
Asian Stocks Show Upward Trend as Trade War Worries Ease
15.5.2019
The US President Donald Trump seems to have softened his stand and is looking for a compromise from China that resulted in the Asian stocks rising from a 14 week low. The Asian stocks also rode high on the optimism that the Beijing government will inject more stimulus to the Chinese economy as they...
Donald Trump All Set to Sign Order That Will Ban Huawei from the United States
15.5.2019
One of the biggest fallouts from the tensions between the United States and China has been the former’s accusation against the Chinese telecommunications giant Huawei, that eventually led to its ban in America. The US authorities accused that the telecommunication equipment that is supplied...
Zilliqa Mainnet’s ZIL Tokens on Coinhako with 30% Discounts on Trade Fees
15.5.2019
Yesterday, Coinhako made an announcement on Twitter regarding its support for Zilliqa’s ZIL token. The token is now available on the platform. Moreover, to make things even more interesting, Zilliqa has topped up the excitement with a limited-period discount of whopping 30 percent on the trade fees...
CME’s Bitcoin Futures Break Records With $1 Billion in Notional Volume
15.5.2019
The world’s largest options and futures exchange, Chicago Mercantile Exchange & Chicago Board of Trade (CME Group) and its bitcoin futures contracts saw an all-time high on May 13. According to CME’s records, the exchange recorded 33,700 contracts on Monday which represented...
Some Major Coins Still Making Gains, Others Trade Sideways as Oil Reports Mixed Signals
14.5.2019
Bitcoin continues to trade around $8,000, while other coins like Litecoin trade sideways