Bitcoin hits $85K milestone as Google Trends signals renewed retail interest
Nov 11, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Bitcoin reached an all-time high of $85,000 amid rising retail interest and institutional buying. Google Trends highlights increased search interest in Bitcoin following Donald Trump’s primary victories. Share this article Bitcoin briefly touched $85,000 before settling at $84,000, marking its latest all-time high amid growing retail investor interest and continued institutional buying following […]
Nexo evolves into a premier digital assets wealth platform
Nov 11, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Share this article In a strategic move that mirrors the broader maturation of the digital assets industry, Nexo has grown beyond its 2018 origins to become a comprehensive digital assets wealth platform.This evolution comes at a crucial time when traditional finance and digital assets are increasingly converging, placing Nexo at the intersection of two powerful […]
Coinbase stock surges over $300 with 17% gain in 24 hours
Nov 11, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Coinbase stock soars past $300, currently trading at $317, as investor optimism grows after Trump’s election win. Retail sentiment appears to be entering the crypto market as Coinbase’s app ranking hits 70 on the Apple App Store. Share this article Coinbase’s stock soared past the $300 mark on Monday, currently trading at $317, […]
Gold: Signs Of Strain Starting To Emerge After Relentless Rally
Nov 11, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Gold has started the new week on the backfoot, easing lower straight from the Asian open overnight. Both gold and silver continued their pullback last week, marking a second consecutive decline. With Trump’s election win seen as positive for geopolitical stability, gold faced downward pressure. It slipped 1.9% to end the week at […]
The Dollar Remains Bid, While The Euro And Swiss Franc Are Sold Through Last Week’s Lows
Nov 11, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Overview: The dollar is bid to start the new week. It has taken out last week’s high against the Swiss franc, and the euro has been sold through last week’s lows. The divided opposition allowed Ishiba to continue as Japan’s prime minister, heading up a minority government. The German government collapsed last week. Chancellor […]
MicroStrategy acquires another 27,200 Bitcoin, holdings now worth $30 billion
Nov 11, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways MicroStrategy acquired 27,200 BTC for $2.03 billion, with a total holding of 279,420 BTC. The company’s BTC Yield from October 1 to November 10, 2024, was reported at 7.3%. Share this article MicroStrategy, the largest corporate Bitcoin holder, announced Monday it had acquired 27,200 Bitcoin between October 31 and November 10, 2024, paying […]
Two Trades To Watch: EUR/USD, Oil Forecasts
Nov 11, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash EUR/USD falls to a 4.5-month low on trade tariff worries US trade tariffs could hit Europe’s growth German political uncertainty adds pressure to the EUR EUR/USD falls to 1.0670 EUR/USD has fallen to its lowest level since late June as investors worry about US tariffs which could hurt the euro area economy and […]
FTX blames Binance and CZ for collapse, seeks $1.7 billion in new lawsuit
Nov 11, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways FTX is suing Binance and CEO Changpeng Zhao for $1.7 billion over alleged fraudulent transfers. The lawsuit claims the 2021 share repurchase deal involved FTX’s insolvency and misleading tweets by Zhao. Share this article FTX has brought a lawsuit against Binance and its founder Changpeng Zhao, seeking to recover around $1.7 billion, which […]
AUD/USD Stabilises As Traders Await Economic Signals
Nov 11, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The AUD/USD pair is navigating the week starting with a steady tone, trading around 0.6590. After a significant drop last Friday, triggered by disappointment over China’s economic stimulus measures, the pair finds a momentary respite as it consolidates recent movements. China’s announcement of a significant debt reduction and support for local governments and […]
Current Report: Andritz (ADRZY)
Nov 11, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Andritz AG (ADRZY) is a producer of high-technology industrial machinery with four operating segments:(1) ANDRITZ Pulp & Paper provides sustainable technology, automation, and service solutions for the production of all types of pulp, paper, board, and tissue.(2) ANDRITZ Metals includes suppliers of technologies, plants, and digital solutions in metal forming, and also includes […]