BTC Archives - The Industry Spread

Gold at 2-Week Lows, BTC Bearish Momentum Below 8,000

September 30, 2019

Asian indices finished mixed today as political turbulence in Washington weighs on global equities. US-China planning to restart negotiations in early October and crude oil price stabilizes after the drone attack in Saudi Arabia oil facilities which will cut 5% of the world oil supply.

GMEX Fusion Powers BTC and ETH Transactions for Coinbase and Kraken

September 20, 2019

GMEX Technologies has announced the latest release of its GMEX Fusion, built on the IBM Blockchain Platform, designed to empower institutional investors with a hybrid solution supporting multiple digital assets, including cryptocurrencies, and security tokens.

BTC Breaks Below 10,000, AUDUSD Retreats

September 19, 2019

Asian indices finished mixed today after the Bank of Japan kept interest rates unchanged while Fed delivered 25 bps cut as widely expected by markets. The oil price stabilized after the drone attack in Saudi Arabia oil facilities which will cut 5% of the world oil supply. The Hang Seng trading 1.21 per cent lower at 26,424,  the Shanghai Composite trading 0.05 per cent lower to 2,984, while in Singapore the FTSE Straits Times index finished 0,01 per cent lower at 3,166. The ASX 200 in Australia finished 0.70% higher at 6,728.

GBPUSD Cracks Below 1.20, BTC Breaks Above 10,000

September 3, 2019

Asian indices finished mixed today on traders concern about tensions between the China and USA and Brexit developments. The Hang Seng ended 0.39 percent lower at 25,527, Nikkei225 in Japan ended 0.02% higher at 20,625. The Shanghai Composite trading 0.21 percent higher to 2,930, while in Singapore the FTSE Straits Times index finished 0,06 percent higher at 3,084. The ASX 200 in Australia finished 0.10% lower to 6,573.

European Indices on Positive Foot, BTC Under Heavy Selling Pressure

August 29, 2019

Asian indices finished mixed today as trade tensions between the China and USA ease. The Hang Seng trading 0.34 percent higher at 25,703, Nikkei225 in Japan ended 0.09% lower at 20,460. The Shanghai Composite trading 0.10 percent lower to 2,890, while in Singapore the FTSE Straits Times index finished 0,81 percent higher at 3,081. Australian equities ended higher, the ASX 200 finished 0.10% higher to 6,507.

Nikkei Higher, AUDUSD Breaks Below 0.70, BTC Below 10,000

July 24, 2019

Asian stocks finished higher for the second consecutive day today as U.S. trade negotiators will likely visit China next week for their first face-to-face talk with Chinese officials since the G20 meeting. The Nikkei225 ended 0.44 percent higher at 21,745; the Hang Seng finished 0.93 percent higher at 28,730. The Shanghai Composite ended 1.01 percent higher to 2,929, while in Singapore, the FTSE Straits Times index finished 0.23 percent higher to 3,380.

Coinbase Shows what Top Crypto Holders are Doing

July 20, 2019

Coinbase, the leading US-based digital currency exchange, has launched a trading signals service backed by verified transactional data in order to help customers who independently create and manage their own crypto strategy.

BTC Looks at 9,000, Gold Stops at 1,400

July 17, 2019

Asian stocks finished lower today as comments from Chinese Foreign Minister Geng Shuang stating that US President Donald Trump is misleading people when it comes to trade deal dampened the mood. The Nikkei225 ended 0.31 percent lower at 21,469, the Hang Seng finished 0.28 percent lower at 28,539. The Shanghai Composite ended 0.12 percent lower to 2,934, while in Singapore the FTSE Straits Times index finished 0.07 percent lower to 3,358.

GBPUSD Rebounds from Recent Lows, BTC Breaks Above 13,000 

July 10, 2019

Asian indices finished mixed today as investors turn cautious ahead of Fed’s Jerome Powell testimony. The Nikkei225 finished 0.15 percent lower at 21,533 the Hang Seng finished 0.31 percent higher at 28,204. The Shanghai Composite finished 0.44 percent lower to 2,915, while in Singapore the FTSE Straits Times index finished 0.37 percent higher to 3,3415. Australian equities ended 0.4 percent higher at 6,689.