Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Thursday, 25 April 16:04 (GMT -05:00)



Stock and commodities markets

Bitcoin Sets New All-Time High At 7848 USD/BTC


Bitcoin, the world’s most popular cryptocurrency, has set another all-time high. The developers decided to abandon the idea of Segwit2x protocol. The news pushed the BTC exchange rate all the way up to $7848, Market Leader reports.

 

According to CoinDesk, $7848 is a new all-time high for the digital currency. It should be noted that before the news about the Segwit2x protocol, Bitcoin was trading around $7700. Shortly after the news, the BTC exchange rate broke through the $7800 threshold. Later on, the price retraced to $7336, NordFX analysts report.

 

 

No More Forking for Bitcoin

If they had approved the implementation of the Segwit2x protocol, we would probably see another split (like the one with Bitcoin Cash) in the near future. However, the head of the Segwit2x project announced the decision to cancel this idea on November 8th. He said that the team had failed to compromise on the way of implementing the protocol, which might raise some problems for the cryptocurrency further down the road.

 

The previous price record was set on November 2nd. Back then, the BTC exchange rate exceeded $7000 amid the news about a possible launch of Bitcoin futures. More and more experts are now predicting a further price rally for Bitcoin and other digital currencies.

 

At the same time, Goldman Sachs has sent their clients a newsletter containing the bank’s Bitcoin forecast. In particular, the bank experts assume that Bitcoin is going to reach $7941 in the near future. They say that now that the exchange rate has consolidated above $7600 and the bias is still bullish, Bitcoin has all chances to aim for another all-time high. However, the experts warn that Bitcoin may take some time to get ready for another rally the new highs. So far, Goldman Sachs analysts have been good at predicting Bitcoin’s behavior. At this point, Bitcoin’s market cap is over $120 billion.

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

Will U.S. Stock Market Grow This Year?

The American stock market has reached another crucial strange. The forthcoming macroeconomic stats may trigger a major move in any of the 2 directions. International experts say that the future market reaction will depend on a number of macroeconomic stats as well as several events. However, the current bias seems to be bullish since at this point, there are no major reasons to expect another stock market crash within the next 12-18 months.
Publication date: 27 January 07:56 AM

Experts Anticipate U.S. Stock Market Crash This Winter

As you probably know, the U.S. stock market has been in the red zone over the last few weeks. International experts assume that this downtrend is likely to continue in the first quarter of 2019. The key reason is the fact that really huge volumes of risky assets are under the risk of forced sales, Market leader reports, with reference to Forbes.

Publication date: 04 January 04:13 AM

Why did crude oil crash by almost 11% last week?

The past trading week was a nightmare for the global market of crude oil, with a major price crash. In particular, Brent oil dropped in value all the way down to the lowest price since July 2017. This was a dive below 53 dollars per barrel. Since then, international experts have been trying to figure out the reason for that.
Publication date: 26 December 09:40 AM

Russia and OPEC agreed to cut down on their oil production in 2019

As you probably know, the participants of the latest OPEC summit agreed to cut down on their oil production next year. This triggered a temporary price rally in the international market of crude oil.
Publication date: 23 December 02:01 AM

OPEC and Saudis Are Planning To Back Oil Prices

International experts and governments have been closely watching the drama going on in the international market of crude oil. According to The Wall Street Journal, Saudi Arabia is going to quit the overproduction of crude oil for the sake of preventing oil prices from going down any further and, if possible, backing their new growth.
Publication date: 05 December 11:00 AM

Investing in World's Most Secure and Profitable Stocks in NordFX

Publication date: 02 December 09:32 AM

Golden Medium: Russia Isn't Concerned About Decreasing Oil Prices

Market Leader reports that the global market of rude oil has been seen a prolonged downtrend after a pretty strong rally seen over a couple of months in a row. Not so long ago, a barrel of Brent oil used to cost 86 dollars. At this point, it costs just 70 dollars. Still, the Russian authorities don't seem to be concerned about this price drop at all. Experts say the see no reason to worry about the situation.
Publication date: 12 November 11:57 AM

Apple's Market Cap Drops Below 1 Trillion Dollars

Apple's market capitalization has dropped below 1 trillion dollars. Market Leader reports that this summer, Apple became the world's first company to reach such a stunning result - market cap over 1 trillion dollars. Apparently, all of that became possible due to higher Apple stock prices.
Publication date: 07 November 02:18 AM

Gold Keeps Losing Its Safe-Haven Asset Status

The amount of political and economic crises keeps on growing in the world but gold is still going down in value. International experts have been trying to figure out the reasons why contemporary investors are investing in other assets instead of gold as it used to be ages. It's interesting to note that they are mostly investing in dollar assets.

Publication date: 25 October 11:52 AM

USA Leaves China Without Crude Oil, Russia Is Ready To Compensate

The trade war between the United States and China is still underway. Earlier this month, America made another attempt to undermine the Chinese economy. The thing is, that up until recently, America used to be one of the biggest exporters of crude oil to China. In summer, the U.S. export of crude oil to China used to be equal to 10,5 million barrels a month. At this point, America has almost suspended the export of crude oil to China. Last month American oil companies shipped as little as 600K barrels, with no oil shipping planned for this month.

Publication date: 17 October 10:29 AM