Cryptocurrency Analysis and News Portal
The U.S. government will impose new restrictions on state-owned Chinese media outlets and plans to halt Chinese airlines’ access. The stock market remains unfazed by it, slightly retracing by 0.16% following a 2.05% gain on June 2. Equities are seemingly pricing in degrading U.S.-China relations. The U.S. government will impose new restrictions on
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Spot bitcoin fell 1.45 percent to $9,501 as of 0900 UTC as the U.S. dollar rebounded from its seven-day plunge.The cryptocurrency’s downside move surfaced ahead of a fresh U.S. trade and unemployment data release at 0830 ET on Thursday.The U.S. stock market, which remains positively correlated to bitcoin, also dived
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[sociallocker id="55298"] Peer-to-peer cryptocurrency trading data shows digital assets like bitcoin are growing extremely popular in Russia, despite the State Duma’s opinions and regulations aimed at crypto assets. On Monday, the Russian government published a draft version of litigation mandates called “On Digital Financial Assets,” and lawmakers are looking
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Dow Jones Industrial Average (DJIA) futures turned positive on Tuesday, erasing overnight losses. Contrary to yesterday’s bombshell threat, Chinese firms continued to purchase US agriculture products as normal. China appears to have walked back its threat to halt US soybean purchases and hold up its end of the phase one trade deal,
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Swiss crypto financial firm Bitcoin Suisse has added gold, silver, and platinum to its platform, allowing users to trade the precious metals against both bitcoin (BTC) and ether (ETH), as well as five other major fiat currencies.The precious metal trades are available for 24/7 trading with immediate cash settlement,
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In a sudden u-turn, China pledged to implement the phase one trade deal signed with the U.S. As the global stock market feels the strain of economic decline, governments are rushing to deescalate tension. China’s difficult decision shows the global economy is highly fragile. After weeks of escalated tension,
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The Dow futures contract rose nearly 100 points Thursday evening and was on track to partially offset prior declines. Markets are trading cautiously in anticipation of worsening U.S.-China trade relations. U.S. lawmakers are pushing for a bill that could potentially delist Chinese stocks from domestic exchanges. Futures on the
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The trade war between the United States and China began in January 2018. When tariffs were imposed on Chinese goods in July of the same year, the price of Bitcoin (BTC) plunged 31% from $8,487 to $6,000.Now the U.S. and China are on the verge of reigniting a new trade
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During the last two months since the March 12 crypto market rout, otherwise known as ‘Black Thursday,’ demand for cryptocurrencies seems to be on the rise in certain regions in Latin America. Various reports published this week have noted that countries like Colombia, Venezuela, Argentina, Chile, Brazil, and Mexico
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Bitcoin futures contracts allow traders to take advantage of the price movement of Bitcoin without necessarily having to own and hold the exact amount of it. They are a derivative product that gained serious popularity in the past years. Traders often use Bitcoin futures open interest as an indicator to confirm trends and
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