Category: Traders
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Traders In The Money, Miners Find Relief
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After a turbulent six weeks that began in June, when Bitcoin’s value fell by more than 15%, the currency is making a comeback. As of this writing, prices continue to record highs, hovering above $62,000. Bitcoin gets rid of weakness According to one analyst, Signal According to metrics provided by…
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Traders In The Money, Miners Find Relief
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After a turbulent six weeks that began in June, when Bitcoin’s value fell by more than 15%, the currency is making a comeback. As of this writing, prices continue to record highs, hovering above $62,000. Bitcoin gets rid of weakness According to one analyst, Signal According to metrics provided by…
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Will Bitcoin Bounce Back? Traders Place Their Bets on a Rocky Q4, Data Shows
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So far, Bitcoin has seen significant volatility in the recent trading session, indicating weak investor sentiment. Earlier today, the coin surged to $57,300. However, the coin now appears to have lost ground after reaching this level as it is trading at $55,966, down 1.6%. This increase in volatility suggests that…
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Will Bitcoin Bounce Back? Traders Place Their Bets on a Rocky Q4, Data Shows
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So far, Bitcoin has seen significant volatility in the recent trading session, indicating weak investor sentiment. Earlier today, the coin surged to $57,300. However, the coin now appears to have lost ground after reaching this level as it is trading at $55,966, down 1.6%. This increase in volatility suggests that…
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European stock traders go home with mixed results
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European traders are heading out of the markets with mixed results on major stock indices. The French CAC was the worst performer, down -0.63%, after the election results ended in a political deadlock. Neither the right nor the left are likely to form a coalition government. Investors are not very…
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Key events and releases for traders in the upcoming trading week
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Kenya Agoa exports dip 42pc, deny traders dollar windfall
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Kenya’s export earnings to the United States under the African Growth and Opportunity Act (AGOA) fell by 41.7 percent last year, new data shows, hurt by a general decline in garment shipments, denying traders gains during a period when the shilling weakened sharply against the dollar. Kenya exported Ksh65.77 billion…
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Asia markets mostly rise as traders digest mixed Chinese PMI, other region’s economic data
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primeimages/E+ via Getty Images Stock markets in the Asia-Pacific region started the second half of the year on a positive note as investors digested mixed Chinese PMI data, and the data showed that confidence among large Japanese manufacturers improved to a two-year high in the second quarter amid… Improving economic…
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Amid election nerves French city traders rush to secure funding as they foresee the worst blow to bonds
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Worst bond rout since sovereign debt crisis sees companies rush to Securing financing Ahead of a potential capital drought. A hit to stocks worth about $200 billion. French President Emmanuel Macron’s decision earlier this month to confront the gains of the far right across Europe Quick poll At home he…
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Traders have poured $5 billion into leveraged Nvidia ETFs. They’re up 425% even after the stock’s big wipeout.
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Stock market bullMoonset/Getty Images Leveraged ETFs tracking Nvidia’s performance have soared this year. The leveraged funds focused on the AI giant have attracted $5 billion from investors. This amount is leagues beyond other single-stock ETFs that track huge technology names. A new type of exchange-traded fund has been making waves…
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Bitcoin (BTC) Price Dumps Toward $62K, Liquidating Over 60,000 Traders
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Monday started off on the wrong foot for Bitcoin and the entire cryptocurrency market, as the underlying digital asset fell from over $64,000 to a new multi-week low of under $62,500. Although liquidations on a daily scale are still relatively low at just over $130 million, the total amount of…
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LayerZero price suffers a harsh reversal as traders bet on a rebound
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LayerZero price suffered a sharp reversal on Friday, erasing all the gains made on Thursday after the airdrop. LayerZero fell to $3, down from this week’s high of $4.57. As it declined, the coin’s market cap fell below $1 billion at $745 million. LayerZero price chart LayerZero price we expected,…
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BRETT Falls Over 10% as Some Traders Switch to New Base Meme Coin DAWGZ
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The meme train game on Coinbase’s main chain has taken another turn. Britt (BRETT) stock has fallen more than 10% in the past 24 hours, leaving traders scratching their heads. But while Brit investors are grieving, another competitor continues to perform well – Peace Dogs (DAWGZ). BRETT Token Drops, but…
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Europe’s Gas Traders Are Watching These Five Drivers This Summer
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Breadcrumb links BMN Business Summer used to be a slow season for the gas market in Europe, but for the third year in a row, it has become tense. Article writer: Bloomberg News Anna Shiraevskaya Posted on June 19, 2024 • 3 minutes read You can save this article by…
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KRA pursues directors, traders in Sh67m tax evasion scheme
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Twenty suspects, including directors of five companies, face various tax fraud charges, including a missing tax evasion scheme. The Kenya Revenue Authority (KRA) said its investigations revealed that 15 individuals and five companies committed various tax evasion offenses with a total tax implication of Sh66.7 million. In a missing merchant…
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Dollar edges up as traders await Fed rate cut clues By Reuters
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Written by Kevin Buckland TOKYO (Reuters) – The dollar rose on Tuesday as traders looked to the key U.S. retail sales report and comments from Federal Reserve officials to better gauge the timing and pace of interest rate cuts. The index, which measures the currency against the euro, pound, yen…
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The Most Dangerous Emotion for Forex Traders
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“A greedy person and a poor person are actually the same thing.” The Swiss proverb above couldn’t be truer for us traders. As you know, many Forex traders (and their accounts) have suffered because of greed. In fact, this is the case with the proverb “Bulls and bears make money.…
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Traders in Wait-and-See Mode Before US CPI, Fed: Markets Wrap
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(Bloomberg) — European stock futures rose while Asian shares fell, as the double whammy of an upcoming U.S. inflation report and a Federal Reserve decision kept traders on edge. Most read from Bloomberg Hong Kong’s stock index fell more than 1%, with auto stocks leading the decline ahead of the…