The post Zcash Hashrate Hits Record High as ZEC Gains 5% appeared first on Coinpedia Fintech News Zcash reached an all-time high in network hashrate, indicating a record level of computational power securing the blockchain. The increase suggests a significant influx of mining hardware as network difficulty continues to climb to new highs. A rising
The post U.S. Stock Market Today Adds $1 Trillion as Ceasefire Hopes Boost Markets appeared first on Coinpedia Fintech News U.S. stocks rallied Monday, adding roughly $1 trillion in market value as investors responded to signs of easing tensions between Israel and Iran. The S&P 500 rose 1.02%, adding about $713 billion in market capitalization,
The post XRP Price Prediction For June 9 appeared first on Coinpedia Fintech News XRP is trading at $1.17, up 3.08% over the past 24 hours, and for the first time in several weeks the weekly chart is offering something XRP holders have been waiting for: a potential floor. The critical level was $1.13. For
The post Bitcoin Price Prediction For June 9 appeared first on Coinpedia Fintech News Bitcoin is bouncing. After touching lows near $60,000 last week, the price has recovered to trade around $63,800 and the immediate question facing every trader is whether this move higher is the beginning of something meaningful or simply the market catching
The Nikkei 225 Index slumped by nearly 4% today, June 8, as the recent rally took a breather. It retreated to ¥64,000, down from the year-to-date high of ¥68,670. This retreat was a reaction to the latest GDP data, global stock market retreat, and the continued US-Iran quagmire. Top reasons behind the Japanese stock market
A crypto market rally is underway today despite the ongoing retreat in global equities, with Japan’s Nikkei 225, German’s DAX, Hong Kong’s Hang Seng, China’s Shanghai Composite, and Australia’s ASX 200 falling by over 0.80%. Bitcoin (BTC) jumped to $63,000 from the weekend low of $59,000. The top gainers in the crypto market were Audiera,
The Hang Seng Index retreated by over 1.18% on Monday, continuing a sell-off that started on May 14, when it peaked at H$26,856. It retreated to a low of H$24,466, its lowest level since March 30th this year. Hong Kong stocks retreat as global rout in tech shares continue The blue-chip Hang Seng Index retreated
The Japanese yen crashed to an important level that triggered a massive Bank of Japan (BoJ) intervention in April. The USD/JPY exchange rate rose to the crucial resistance at 160, its highest point since April 30th this year, and 3.40% from its lowest point in May. Japanese yen slumps despite strong GDP data The USD
The Indian rupee retreated slightly against the US dollar on Monday as geopolitical tensions rose and after the US published a strong jobs report last week. The USD/INR exchange rate was trading at 95.2900, down modestly from the year-to-date high of 96.90. Goldman Sachs turns bullish of the Indian rupee Analysts at Goldman Sachs believe
Adobe (NASDAQ: ADBE) stock price remains on edge this week as investors wait for the upcoming quarterly results, which will provide more insights on its business amid the ongoing artificial intelligence disruption. ADBE dropped to $248, down slightly from last month’s high of $274. This article explores what to expect as the company prepares to