The price of Ether, the native cryptocurrency of Ethereum, has surged by more than 15 percent overnight, achieving a new all-time high at $1,266. New All-Time High at $1,266 Four days ago, on January 4, CCN previously reported that the price of Ether established a new all-time high at $1,000, surpassing the $1,000 for the … Read more
Predicting is a big part in cryptocurrencies, especially when it comes to prices, but in this volatile market it is not only the price that can see-saw, all kinds of occurrences are affecting this burgeoning market. This has led to people to speculate already what 2018 will hold for the cryptocurrency world. 2017 was definitely … Read more
Stocks rose Friday, looking to cap off a strong start to the new year, as Wall Street shook off jobs data that missed expectations. The Dow rose 175 points, heading for its best start to a year since 2006. The S&P 500 climbed 0.55 percent, with tech stocks outperforming. The Nasdaq gained 0.65 percent. The … Read more
Ripple’s XRP cryptocurrency slumped as much as 34% Friday morning, trading down to $2.45 a coin, after New York Times reporter Nathaniel Popper said he was unable to verify many of the cooperating banks the company had previously announced. CEO Brad Garlinghouse denied those claims. Meanwhile bitcoin, the only cryptocurrency worth more than XRP by … Read more
Morning, and Happy Jobs Friday! Street is at 90k, but after data this week, “Whispers” are closer to 210k, with the high street guesstimate at 230k – All focus is on Wage Growth. Northeast still reeling from the Storm, with 1200 flights cancelled. EU Markets having another strong day, with the DAX jumping over 1% on … Read more
Make it 3 in a row! Stocks continue to rock in 2018 with the major indices ending another day at new records. Trading got off to a nice start early today after a huge rally in Asia (Japan’s Nikkei was up 3.3%) and a better than expected ADP Employment Change report (250,000 jobs added vs. a 191,000 forecast). The … Read more
The ethereum price crossed $1,000 on Thursday, marking yet another historic milestone for the third-largest cryptocurrency. Ethereum Price Rips Past $1,000 Only four days have been marked off on the calendar, but January has already been a banner month for the altcoin markets. In this brief span, the combined value of altcoin market caps has … Read more
The Commodity Futures Trading Commission (CFTC), the industry’s main regulatory arm, reports a net increase in short contracts; volume is sluggish, and a legacy bank has now outright forbid clients and advisers from trading in the relatively new product. While it is too early in the experiment to draw definitive conclusions, bitcoin futures might not be … Read more
On the morning of Jan. 4, the cryptocurrency TRON (TRX) posted 136 percent growth, becoming the 9th largest cryptocurrency by market capitalization, and pushing Dash to 11th place. The altcoin has been on a bullish trend since mid-December, growing well over 2,000 percent since then. In the first week of 2018 alone, the coin has … Read more
US Futures are ticking higher slightly, but plenty of moves under the surface with all eyes on allocations from INTC to AMD, and the continuing squeeze in retail with JCP up another 5%. A strong rally in Europe, with the Dax up 1% led by Industrials and Fins, and the FTSE 100 Fresh records despite … Read more