What you need to know on Tuesday, February 9: The week started in slow motion, amid the absence of a new catalyst. The macroeconomic calendar was tight and will remain so throughout the week. The currency board relied exclusively on US Treasury yields, as the dollar appreciated or fell alongside them. US Treasury yields ended […]
Tag: Cryptocurrencies
Apple could follow in Tesla’s footsteps and add Bitcoin to its balance sheet
RBC Capital Markets, a global investment bank, has suggested to Apple that it buy Bitcoin. Furthermore, the bank also stated that Apple should develop a cryptocurrency exchange. The announcement comes right after Tesla bought $ 1.5 billion in BTC. According to RBC Capital Markets, one of the largest investment banks in the world, Apple should […]
Tesla invests $ 1.5 billion in Bitcoin and hopes to accept it as a form of payment soon
Tesla has stated that it hopes to accept Bitcoin as a form of payment in the near future. Tesla has invested a total of $ 1.5 billion in Bitcoin, according to its annual report. According to the official Form 10-K annual report of the United States Securities and Exchange Commission, Tesla has invested a total […]
Dogecoin (DOGE) surges 50% after Elon Musk tweets that it is the “people’s cryptocurrency”
Dogecoin has risen more than 50%, with DOGE / USD peaking at 0.599 after Tesla’s CEO, Elon Musk tweeted that “Dogecoin is the people’s cryptocurrency”. The billionaire founder of Tesla and SpaceX has also added an image of himself lifting Doge’s dog Sheba into the skies. Here are the latest movements of DOGE / USD: […]
Forex Today – Asian Session: Dollar Holds Most Weekly Gains As Busy Calendar Approaches
What you need to know on Thursday, February 4: Most of the major pairs are consolidating this Wednesday, with the dollar retaining most of its weekly gains. The dollar fell modestly, still supported by hopes for a new US stimulus package. Democratic senators moved forward with a coronavirus aid package, with the goal of passing […]
Ethereum price breaks above $ 1,600 in unstoppable rally towards $ 2,000
Ethereum’s price just surpassed $ 1,600 on all exchanges. The smart contract giant is aiming for a long-term price target of $ 2,000, as most on-chain metrics are in its favor. The digital asset has underperformed compared to Bitcoin, which doubled its previous all-time high of December 2017. ETH / USD has just hit a […]
Forex Today – Asian Session: The Return of the King Dollar
What you need to know on Wednesday, February 3: The US dollar strengthened further, rising to new 2021 highs against the EUR, AUD and CHF. However, he was appreciated against all his main rivals. The catalyst was the progress of the US stimulus talks. The talks between US President Joe Biden and Republican senators were […]
Forex Today – Asian Session: Bullish Dollar At The Start Of A Busy Week
What you need to know on Tuesday, February 2: The US dollar appreciated strongly against most major rivals, with European currencies being the worst performers. The pair EUR/USD it is trading near a daily low of 1.2062 heading into the Asian session, despite upward revised Markit PMIs and a worse-than-anticipated US ISM manufacturing index. The […]
Robinhood restricts cryptocurrency trading after Dogecoin price soared 1,000%
The trading app has come under a lot of criticism lately after limiting purchase orders for GameStop. A famous Reddit group called WallStreetBets boosted GameStop stocks to fight shorts. Robinhood, one of the most famous trading apps, has restricted cryptocurrency trading on Friday as the price of Dogecoin skyrocketed by up to 1,000% and even […]
speculation overshadows sentiment, the dollar is under pressure
What you need to know on Friday, January 29: The financial world turned around equities again, but stocks were not driven by confidence. For a change, the escalation of the Gamestop scandal paved the way. To put it in a nutshell, individual investors rallied the stock considerably and raised alarms everywhere. Trading was halted on […]
