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Stocks

Why is Crypto Market Going Down Today?

The post Why is Crypto Market Going Down Today? appeared first on Coinpedia Fintech News The cryptocurrency market moved lower on Monday, with total market value falling about 2.4% to $3.15 trillion, as traders reduced risk after a recent rally and leveraged positions were forced out. Bitcoin and Ethereum Lead the Dip Bitcoin slipped around

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Stocks

Bitcoin Market Sentiment Has Changed, Analyst Says: Why 2022 Is the Wrong Comparison

The post Bitcoin Market Sentiment Has Changed, Analyst Says: Why 2022 Is the Wrong Comparison appeared first on Coinpedia Fintech News In recent weeks, the price of Bitcoin has been facing intense volatility as sellers dominate the price chart. As a result, a growing number of analysts have compared Bitcoin’s current price action to the

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Stocks

Canary Capital CEO Reveals Why $5 or $10 XRP Is ‘Small’ in a Trillion-Dollar Market

The post Canary Capital CEO Reveals Why $5 or $10 XRP Is ‘Small’ in a Trillion-Dollar Market appeared first on Coinpedia Fintech News The chief executive of Canary Capital said XRP should no longer be judged as a speculative trade, arguing that its value needs to be viewed in the context of global financial infrastructure

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Stocks

XRP Price Reclaims $2 As Bulls Return—Is A 10% Bounce Possible This Week?

The post XRP Price Reclaims $2 As Bulls Return—Is A 10% Bounce Possible This Week? appeared first on Coinpedia Fintech News XRP price opened the year with a sharp rally of over 20%, outpacing larger majors like Bitcoin and Ethereum. However, the momentum didn’t stay one-way for long. As Bitcoin dipped, the XRP price plunged

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Stocks

Bermuda Partners With Coinbase and Circle to Build a Fully Onchain Economy

The post Bermuda Partners With Coinbase and Circle to Build a Fully Onchain Economy appeared first on Coinpedia Fintech News The government of Bermuda, under Premier David Burt, has inked a strategic partnership with Coinbase Global Inc. (NASDAQ: COIN) and Circle Internet Group Inc. (NYSE: CRCL). The three entities unveiled the plan on Monday at

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Investing

Hang Seng Index forecast after hitting a brick wall at H$27,165

The Hang Seng Index pulled back on Monday, reaching a low of H$26,628, down from this year’s high of H$27,165, after China published the latest GDP data and other macro data. It remains much higher than last year’s low of H$19,220. China’s GDP growth rate hits target, but slows in Q4 The Hang Seng Index

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Investing

USD/CAD forecast ahead of Canada inflation and retail sales data

The USD/CAD exchange rate has bounced back in the past few weeks, moving from a low of 1.3640 to the current 1.3915, it highest level since December 5. This article explores what is moving the pair this week and what to expect this week. Canada to publish inflation report The USD/CAD exchange rate will be

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Investing

Here’s why the CAC 40 and DAX Index will rebound as EU considers “nuclear option”

The CAC 40 and DAX Index futures plunged by over 1% in the futures market as a conflict between the United States and Europe escalated during the weekend.  The German DAX, which tracks the biggest companies in the country, retreated to €25,122 from its all-time high of €25,470. Similarly, the CAC 40 Index futures dropped

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Investing

FTSE 100 Index forecast ahead of UK inflation data and key earnings

The FTSE 100 Index held steady near its all-time high of £10,250 as the recent bull run stalled amid a new tariff war between the US and the UK. It was trading at £10,200, up by 35% above the lowest level in April last year. It has jumped by 3% this year. FTSE 100 Index

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Investing

Here’s why the Rheinmetall share price is nearing its all-time high

Rheinmetall share price continued rising on Monday, reaching €1,960, its highest point since October, and a few points below the all-time high of €2,010. It has jumped by nearly 40% from its lowest point in December, bringing its market cap to over €90 bilion.  European defense stocks are soaring Other European defense stocks also continued

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