Bitcoin and other cryptocurrencies are recovering on Monday, following last Friday’s strong sell-off. In particular, Bitcoin, according to investing.com, rose 3.99% to $ 57,108. At the same time, Ethereum gained 5.72% to $ 4,314.5 and Binance Coin strengthened by 1.85% to $ 610.51. Vijay Ayyar, head of Asia-Pacific at the Luno cryptocurrency exchange, said the […]
Tag: Cryptocurrencies
Bitcoin: ‘Dive’ 7.5% in the shadow of the new coronavirus mutation
LAST UPDATE: 18:30 Bitcoin’s price fell 7.5% on Friday as worries about the new, potentially resistant coronavirus vaccine mutation have sparked concerns around the world and pushed investors to abandon the most risky assets in search of bond security. yen and the dollar. Specifically, at 18:30 Greek time, the largest cryptocurrency on the planet recorded […]
Dollar consolidates Monday’s rally, markets await November PMI data
This is what you need to know to trade today Tuesday, November 23: The dollar continued to outperform its main rivals at the start of the week, fueled by rising US Treasury yields following US President Joe Biden’s decision to appoint Jerome Powell to a second term as Fed chairman. The US Dollar Index, which […]
Forex Today – Asian Session: Powell’s Nomination for a Second Term Boosted the USD
Lo que necesita saber el martes 23 de noviembre: The US dollar is the overall winner once again, hitting new 2021 highs against the EUR and multi-month highs against other major rivals. Most of the dollar’s strength came from US President Joe Biden, who nominated Jerome Powell for a second term as chairman of the […]
Dollar regains balance after two days of decline, focus on Fed speeches
This is what you need to know to trade today Friday, November 19: The dollar struggled to find demand on Thursday and the US Dollar Index (DXY) ended the second straight day in negative territory. However, with US Treasury yields taking the downward pressure off of me, the DXY appears to have stabilized above 95.50 […]
Dollar retreats along with yields, risk sentiment drives markets
This is what you need to know to trade today Thursday, November 18: After its impressive rally to a new 2021 high above the 96.00 level, the DXY US Dollar Index turned down on Wednesday as the pullback in US Treasury yields made it difficult for the USD to continue to outperform. your rivals. Price […]
Dollar extends rally, markets await UK inflation data and Fed speeches
This is what you need to know to trade today Wednesday 17 November: The US dollar continues to gain strength against its main rivals in the middle of the week, with the US Dollar DXY index rising above the 96.00 level for the first time in 16 months. Upbeat US retail sales data and rising […]
El Erian: When would I buy Bitcoin again
Renowned economist Mohamed El-Erian said he bought bitcoin a few years ago, but did not properly estimate when to sell due to “behavioral errors”. The chief financial officer of Allianz revealed that he bought an unspecified bitcoin number in the winter of 2018, when the price of the most popular cryptocurrency in the world fell […]
Yields continue to drive the dollar’s valuation, focused on UK, EU and US data.
This is what you need to know to trade today Tuesday, November 16: After a quiet start to the week, the dollar capitalized on rising US Treasury yields in the US session and the DXY index rose to its highest level since July 2020 before entering a consolidation phase. Investors await UK labor market data […]
Taproot upgrade to Bitcoin is coming – What changes in the blockchain
In the coming days, Taproot is expected to be implemented, the long-awaited – and first significant since 2017 – Bitcoin upgrade, which will affect the cryptocurrency in various ways. The Taproot upgrade uses something known as a Schnorr signature. These are multiple digital signature traces that are difficult to detect or decode and that will […]
