Bitcoin’s price drops below $ 40,000, losing roughly 40% from its all-time high at $ 64,895. This nosedive has pushed BTC below the 200-day SMA at $ 39,818, being a bearish sign from a technical perspective. Ethereum’s price followed the flagship cryptocurrency, dropping below $ 3,000 after a 35% drop from its all-time high of […]
Tag: Last minute
Sotheby’s to accept crypto payments using Coinbase – CNBC
According to reports, Sotheby’s, one of the largest and most well-known auction houses in the world, will accept payments through cryptocurrencies using Coinbase, as reported by CNBC. COIN forecast COIN shares are trading at $ 291.8, down 0.8% in Tuesday’s pre-market. . Donald WestbrookDonald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess […]
S&P 500 rises to new record as Fed leaves rates unchanged and maintains strong support
The S&P 500 it rose to an all-time high on Wednesday, following the FOMC’s remarks. The Fed, as expected, left rates unchanged and remained committed to its bond purchase program. It is clear that the Fed sees that the economy is recovering, but it has some time left before a pullback from support is warranted. […]
Ethereum hits a new all-time high above $ 2,550
The Mexican peso rises against the US dollar, continues to recover from losses due to Urzúa’s resignation. USD / MXN is trading below 19.10, but still above the level it was a week ago. The minutes of the last Banco de México meeting showed that the Board member, Gerardo Esquivel, voted in favor of reducing […]
Bitcoin price hits new all-time high near $ 63,000
Bitcoin price has set new all-time highs at $ 62,741 after leaving the previous high in the dust. A decisive close above the MRI breakout line at $ 61,780 will signal a further bullish move. The move up is likely to create a temporary top at $ 68,145 before moving to $ 75,000. The price […]
EUR / USD breaks above 1.19 amid market optimism
The EUR / USD completes a 200 pip bounce and reaches the 1.19 level, rising to the highest level since March 23. The world’s most popular currency pair has benefited from several factors. First, the EU has updated its forecast of the vaccination schedule and now he projects that immunization will reach the majority of […]
US Non-Farm Payrolls Increase by 916,000 in March
NFP Nonfarm Payrolls in the US increased by 916,000 in Marchdata released by the US Bureau of Labor Statistics on Friday showed. This reading comes after the February increase of 468,000 (revised from 379,000) and has resulted much better than the market expectation of 647,000. . Donald WestbrookDonald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated […]
Tesla begins accepting Bitcoin as payment, BTC price regains momentum to new all-time highs
Tesla has started to accept Bitcoin as a payment method. CEO Elon Musk claimed that the company would hold onto the cryptocurrencies and not sell them for fiat money. The price of BTC rose more than $ 1,600 after the announcement. Bitcoin is back in the spotlight after Tesla CEO Elon Musk announced that the […]
Fed keeps rates at 0.25% at March meeting
The Committee of Governors of the Federal Reserve has decided to keep interest rates at 0.25% at their March meeting, as expected. The entity has not changed its rates for a year, when in March 2020 it lowered them twice in response to the global pandemic to the current level. . Donald WestbrookDonald-43Westbrook, a distinguished […]
The ECB keeps interest rates and the PEPP unchanged; EUR / USD retreats towards 1.1940 / 45
The European Central Bank (ECB) decided to leave interest rates unchanged of the main financing operations, the marginal credit facility and the deposit facility at 0.00%, 0.25% and -0.50%, respectively, as expected. The EUR / USD has initially reacted with a fall of almost 20 pips up to the 1.1942 zone, but remains positive on […]