Latest Market News
Bitcoin (BTC) hit $21,000 for the first time in several days on July 15 as markets enjoyed what one trader called “summer relief.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Altcoin rebound eyed as BTC price adds 11% Data from Cointelegraph Markets Pro and TradingView showed BTC/USD grinding higher overnight to just tap the $21,000 mark […]
Stifel has cut eBay Inc.’s EBAY, +3.16% price target to $60 from $62 amid currency pressures and headwinds in the online marketplace’s international business. “We are leaving our 2Q estimates relatively unchanged, however, due to devaluations of international currencies our estimates decline slightly,” wrote Stifel analyst Scott Devitt, in a note. “Our 2Q GMV estimate […]
Ethereum network is nearing the merger phase of its crucial transition from proof-of-work (PoW) mining consensus to proof-of-stake (PoS). Ethereum (ETH) devs offered a perpetual merger date during a conference call on Thursday. The conference call saw core Ethereum developer Tim Beiko, who runs core protocol meetings, propose September 19 as the tentative target date for […]
The coronavirus pandemic has caused the biggest backslide in childhood vaccinations in about 30 years, the World Health Organization and Unicef said on Friday. “The percentage of children who received three doses of the vaccine against diphtheria, tetanus and pertussis (DTP3) – a marker for immunization coverage within and across countries – fell 5 percentage […]
AUDUSD is falling despite the rate expectations and statistics. The Australian Dollar is falling against the USD on Friday. The current quote for the instrument is 0.6726. The USD keeps attacking and it prevents the AUD from recovering, even considering strong statistics. The data published yesterday showed that Employment Change was 88.4K in June against […]
The BTC is rising on Friday and trading around $20,589. The major cryptocurrency has been recovering for the third consecutive trading session after plummeting to $18,905 on Wednesday. Market fluctuations were caused by the CPI data for June published by the US. Inflation rate showed 9.1% y/y, the highest reading in 41 years. Market expectations […]