Bitcoin hits ,000 in record high By Reuters

  © Reuters. FILE PHOTO: Representations of virtual currency Bitcoin and U.S. dollar banknotes are seen in this picture illustration (Reuters) – , the world’s biggest cryptocurrency, on Saturday crossed a record high of $60,000. Bitcoin has risen sharply this year, broadly outperforming conventional asset classes, partly due to broaderRead More →

  The Ethereum derivatives market, like its spot market, was lying low. The last time the Options market witnessed increased activity was on 26 June, wherein a bulk of contract expiry was supposed to take place. According to data provider Skew, the Open Interest [OI] on 26 June was closeRead More →

  Widespread Dollar weakness helped Gold regain positive traction on Friday. A further decline in US bond yields continued to support this positive development. The bulls appeared to be relatively unaffected by the positive mood in global equity markets. Gold continued to gain ground during the mid-European session and wasRead More →

© Reuters. By Kim Khan – Chipmaker Nvidia (NASDAQ:) jumped to an all-time high Wednesday following a Wall Street upgrade, with shares topping $300. Shares of Nvidia climbed 4.9% to $311.10 in morning trading. Bernstein upgraded the stock to outperform from market perform and raised its price target toRead More →