Bitcoin (BTC) Price Soars 5% to Fresh Record Highs Ahead of Coinbase IPO Apr 13, 2021 06:24AM

Bitcoin (BTC) price has surged about 5% to exceed the $62,000 mark for the first time ever as traders prepare for the much-anticipated Coinbase (NASDAQ: COIN) initial public offering. Bitcoin price hit $62,750 at 04:31 EST, according to Coinbase data.

Ethereum (ETH) price has also moved higher to exceed the $2,200 handle and print new all-time highs at $2,221.

Coinbase is set to start trading publicly tomorrow through a direct listing on Wednesday that could value the... (continue reading...)

Bitcoin hits record before landmark Coinbase listing on Nasdaq Apr 13, 2021 04:40AM

LONDON (Reuters) - Bitcoin hit a record of $62,741 on Tuesday, extending its 2021 rally to new heights a day before the listing of Coinbase shares in the United States.

The largest U.S. cryptocurrency exchange's listing on the Nasdaq on Wednesday is considered a landmark victory for cryptocurrency advocates.

The world's biggest cryptocurrency, which has growing mainstream acceptance as an investment and a means of payment, rose as much as... (continue reading...)

Dollar edges up as markets wait for U.S. inflation data Apr 12, 2021 09:17PM

LONDON (Reuters) - The dollar edged higher on Tuesday, helped by a pick-up in U.S. Treasury yields, but was still near three-week lows as markets waited for inflation data in the United States.

The dollar has fallen so far in April, after surging in the first three months of 2021 on expectations that a combination of monetary stimulus and government spending would cause inflation to spike.

U.S. CPI data for March is due at 1230 GMT and is... (continue reading...)

ECB Holdings Under PEPP Rose EU17.1B in Week Ended April 9 - Bloomberg Apr 12, 2021 09:47AM

ECB Holdings Under PEPP Rose EU17.1B in Week Ended April 9 - Bloomberg

Dollar drops as traders prepare for inflation data Apr 11, 2021 09:29PM

By Tommy Wilkes

LONDON (Reuters) - The dollar slipped on Monday towards a three-week low as Treasury yields traded near recent lows and traders awaited crucial U.S. inflation and retail sales data in coming days.

Elsewhere, it was a quiet start to a data-heavy week for foreign exchange markets. The euro climbed back above $1.19 while the British pound rebounded from a two-month low.

The dollar's performance has been tied to... (continue reading...)

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