Page 18 - Technically Speaking News Today : Breaking News, Live Updates & Top Stories | Vimarsana

  It’s been a relatively quiet week so far for Bitcoin, which seems happy to coast along between $35,000 and $37,000 for the time being. The really big-and-mega-exciting news today is Ethereum, which finally looks to be charging, head-down and horns out, towards that long-awaited new all-time high (set in the heady days of January 2018). Is today finally the day it breaks the seal? If it does break it, where does it go from here? The move comes just days after Grayscale CEO, Michael Sonnenshein tweeted that institutional investors are increasingly showing an interest in diversifying their ...

  It was a weekend of mixed signals for Bitcoin. There was FUD from Christine Lagarde and persisting rumours surrounding the negative impact of Tether, but there were also a host of financial industry grandees and politicians lining up to declare themselves converts. Even former Chief Economist of the World Bank, Larry Summers seems to have come round. And can the IMF really afford to start ignoring Twitter polls? Especially when they’re so resounding. In the markets, Bitcoin also doesn’t quite seem to know what to do with itself at the moment, continuing to hover around the $36k mark. I...

Bitcoin soars to over $35,000 for first time Crypto at a Glance  If you thought the dip at the beginning of this week spelled the end of the bull market, you, my friends, were very much mistaken. This morning saw Bitcoin storm back to another new all-time high of over $35,000, charging through resistance like tanks through milk. This puts Bitcoin among the top 10 assets by market capitalization, above the likes of Alibaba and Samsung. Tesla – you’re next.  Bitcoin wasn’t the only one tearing it up, though. Ether is still going strong, coasting just above the $1,100 m...

Risk on or risk off? The next stage As expected, risk off tone dominated the price action as market participants reacted to the news of an aggressive spread of a new strain of coronavirus out of the UK, as well as further tensions between the EU and the UK ahead of the Brexit deadline.  As a result, GBP was hit hard across the board at the open, which when combined with EUR weakness that stemmed from uncertain macro impact, led to USD strength. This strength in turn caused market participants to unwind some of the long risk assets positioning and the crowded nature of digita...

Macro matters Out of control Macro matters are very much back in focus as the European nations have begun to impose travel bans on the UK after it reported a more-infectious and “out of control” coronavirus variant. The BBC reported that Ireland, Germany, France, Italy, the Netherlands and Belgium are all halting flights. The measures vary and are initially short-term but the French rules also affect Channel freight.  In addition, it was reported citing sources that there will be no post-Brexit trade deal between the UK and EU unless there is a “substantial shift” fr...