On November 24, the price of the world’s largest cryptocurrency, Bitcoin, surpassed $19,000. Significantly, it hit the highest number in nearly three years. It followed an XRP flash crash on Coinbase, which trembled the cryptocurrency market. Bitcoin has increased by nearly 40% in November and is up approximately 160% this year. The dominant cryptocurrency hit …
On Monday, Drugmaker AstraZeneca announced that its coronavirus vaccine is highly effective and could be a relatively cheap and easy-to-store product. The company showed results, which are based on an interim analysis of trials in the United Kingdom and Brazil of a vaccine developed by Oxford University and manufactures by AstraZeneca. Significantly, AstraZeneca is the …
AstraZeneca announced its vaccine is 90% effective Read More »
On Monday, the U.S. dollar recovered from an almost three-month low versus a basket of other currencies as the U.S.business activity expanded faster in over five years in November and after the index touched strong technical support. Significantly, IHS Markit’s manufacturing and services sector purchasing managers’ indexes exceeded even the most optimistic estimates in a …
The U.S. dollar index increased by 0.18% to 92.482 Read More »
On November 24, gold and silver prices declined sharply in Indian markets, as well as in recent weeks. On Multi Commodity Exchange, gold futures for December decreased by 0.9%, which equals ₹450 and settled at ₹49,051 per 10 gram. Meanwhile, silver futures dropped by the same amount – 0.9% (or ₹550) and settled at ₹59,980 …
Gold and silver prices declined sharply in Indian markets Read More »
Oil price varies nearly a two-month high after U.S. covid-19 restrictions toughened and cracks emerged in the united front presented by OPEC+. In London, futures declined by 0.2% after jumping between gains and losses. We know that New York City announced that it would shut schools to stop spreading coronavirus infections, while road use in …
According to the latest news, Chinese video-sharing social networking service TikTok is letting parents of its millions of teenage users more options to control what their child can see and share. The giant company, TikTok reported a host of new parental controls on Tuesday, including the ability to decide what content teens can search for …
On October 22, the Indian rupee increased by 11 paise and settled at 74.16 versus the U.S. dollar, helped by positive domestic equities and sustained foreign fund inflows. Significantly, at the interbank forex market, the domestic unit opened at 74.15 versus the greenback and touched an intra-day high of 74.09 and a low of 74.21. …
The rupee rose 11 paise to 74.16 against the dollar Read More »
According to the latest news, Bitcoin has witnessed a sharp rise, particularly since September, as the dominant cryptocurrency increased to $18,400 from $10,500. Bitcoin has boosted by 75% in less than three months. However, since March, the world’s largest cryptocurrency has boosted nearly 400% and became the best-performing asset of 2020. Investors became extremely interesting …
Bitcoin rose by 75%, what to expect from the future? Read More »
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