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Cryptos: all news & analysis

Keep up to date with the dynamic cryptocurrency market. We provide timely coverage of price movements, emerging trends, and expert insights on Bitcoin, Ethereum, XRP and other top digital assets. Our website offers the latest information on blockchain technology, regulatory developments, and market analysis, which are all pivotal in understanding crypto valuations. So, whether you're an experienced trader or embarking on your crypto journey, MarketPulse will help you make smart decisions in this exciting field.

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Oil weakens on weaker global growth outlook, Gold and Bitcoin unfazed
Commodities get little support from a weaker dollar Demand destruction likely to force Saudis to extend cuts Bitcoin holds onto the $30,000 level Oil Crude prices are weakening as concerns mount that the global growth outlook is getting uglier by the day.  China is rushing to deliver more support to their real estate crisis, while the US starts to grow more nervous about a potential recession. Oil will struggle this week if inflation readings in the US support the hawkish case for a couple mor
10-07-2023 13:42 GMT by Edward Moya
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Investors risk averse ahead of the US jobs report after worrying ADP Number
It's been a shocking week for European equity markets, on course to shed almost 5% and it could get worse if the US jobs report reflects what we saw yesterday from ADP. You wouldn't always guess it when looking at the performance of stocks but there is mounting anxiety about the resilience of the economy and what that will mean for interest rates going into the end of this year and 2024. Investors always seem to find a way to look on the bright side which may explain the disconnect between econo
07-07-2023 07:28 GMT by Craig Erlam
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Manufacturing PMIs disappoint once more but services is what central banks are obsessed with
We may be seeing a bit of a trading lull at the start of the week with tomorrow's US bank holiday tempting many into an extended weekend. The economic calendar looks busy but with a large portion being PMI revisions, that doesn't necessarily equate to an abundance of trading activity. The revisions are often small and don't really move the needle in terms of expectations for the economy and, at this moment, interest rates. And then there's the fact that manufacturing being deep in contraction te
03-07-2023 11:58 GMT by Craig Erlam
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Oil gets a boost from surprise Russia output cut news but falls on weak ISM report
Saudi Arabia commits to extending voluntary cut of 1 million bpd Russia to reduce oil exports by 500K bpd US Manufacturing Activity drops the most in 3 years Oil The bottom is in place for oil after the Saudis and Russians play nice.  The oil market got a boost after the Saudis extended their production cuts and Russia surprised everyone with an export cut announcement of 500,000 bpd.  The Saudi extension should have been expected by everyone, but the Russian export cut news did surprise many e
03-07-2023 10:40 GMT by Edward Moya
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Oil is ready to rally, Gold stabilizes, SEC sends Bitcoin towards $30K
Oil Oil’s fourth straight quarterly decline should be its last one. WTI crude is trying to stabilize above the $70 level as the oil market is destined for a deficit in the second half of the year.  The crude demand outlook has too much doom and gloom priced in as the US and China outlooks should remain upbeat.  China might be buying cheaper discounted Russian crude, but soon they will require more and those purchases could broaden as they slowly deliver more economic stimulus.
30-06-2023 10:26 GMT by Edward Moya
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Eurozone inflation data brings some relief for the ECB but tightening cycle likely not over
European stocks are ending the week on a high, buoyed by another encouraging inflation report that will soon support the end of the ECBs tightening cycle. Not only did the headline HICP rate fall further than expected, but the slight rebound at the core level - driven largely by unfavourable base effects, largely attributed to German transport subsidies last year - was lower than expected.
30-06-2023 08:43 GMT by Craig Erlam
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More resilient economic data increases the risk of a harder landing eventually
It's been a mixed trading session on Thursday as we get more evidence of economic resilience from the US which has left investors wondering whether they've once again underestimated how much monetary tightening is going to be necessary. This has been a common theme this year with markets repeatedly reflecting a far more optimistic outlook on interest rates despite the economic figures continuing to outperform. Investors are finally, reluctantly, coming around to the Fed's way of thinking althoug
29-06-2023 12:49 GMT by Craig Erlam
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Bitcoin edges higher as Coinbase asks court to dismiss SEC lawsuit, Commodities pare earlier losses
Bitcoin continues to hold onto the $30,000 level as crypto traders await any decision with Bitcoin ETFs or with pending SEC lawsuits.  Today, Coinbase Chief Legal Officer said, “Coinbase just doesn’t list securities, period.... We have always looked to add assets that are appropriate for not only our customers, but consistent with our lawful authority."  Coinbase is hoping to get a dismissal of the SEC lawsuit that it failed to properly register its business.  An immediate decision might be toug
29-06-2023 12:30 GMT by Edward Moya
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All eyes on the ECB forum as central bank heads join panel discussion
Equity markets are cautiously higher in Europe while the US is poised to open relatively flat as we await appearances from the heads of the Fed, ECB, BoE and BoJ. Fed Chair Jerome Powell, ECB President Christine Lagarde, BoE Governor Andrew Bailey, and BoJ Governor Kazuo Ueda are due to take part in a panel discussion at the ECB Forum on Central Banking around the opening bell in the US and their comments could set the tone for the rest of the day.
28-06-2023 08:02 GMT by Craig Erlam
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A slow start to the week, central bank speak and key data eyed
It's been a relatively slow start to the week so far but things are likely to pick up with more appearances from prominent central bankers and key data due for release in the coming days. Equity markets are a little higher early in the European session after what has been a tough couple of weeks. Stubborn inflation has investors concerned that there may be a much heavier economic price to pay for restoring price stability which appears to have shaken confidence a little. Not only are more rate h
27-06-2023 04:29 GMT by Craig Erlam
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Week Ahead - Inflation and Recession Risks
While Europe appears at great risk for a recession as traders bet on aggressive rate rises by all the European central banks, the Fed is still expected to be nearing the end of their respective rate hiking campaign.  The focus in the US will fall on the PCE readings. If inflation comes down as expected, the swap futures might grow even more confident that the Fed will only deliver one more rate hike.
23-06-2023 15:16 GMT by Edward Moya
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Economic jitters hurt oil and boost gold, Crypto unfazed
Recession risks drive safe-haven flows gold's way Oil has worst weekly decline since May Bitcoin tests highest level in a year Oil Oil prices are declining on fears that a European recession and delayed stimulus from China will spell trouble for the global growth outlook.  Next week, the heads of the major central banks will gather in Portugal and likely signal a commitment to tackle inflation with aggressive rate hikes. Energy traders are worried that the Fed and friends might cripple econom
23-06-2023 10:32 GMT by Edward Moya
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Oil and gold tumble as central bank tightening threatens global outlook, Bitcoin at $30k
Oil Oil prices are going to remain heavy as central bank tightening will kill the global growth outlook. ​ Energy traders will keep a close eye on today’s stockpile that might show a modest draw. ​ The oil market will remain heavy until European inflation eases. ​ Brent crude could make a run towards the $70 region but should rebound once we finally see significant easing come from Beijing. A bullish EIA crude oil inventory report was unable to stop WTI crude's selling pressure.  Stockpiles decl
22-06-2023 13:39 GMT by Edward Moya
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Stocks lower as Hawkish Powell doubles down on tightening threat
Dollar drops after 3-day rally Powell remains hawkish; bringing down inflation has a long way to go Fed swaps price in a 69.2% chance of a hike at the July 26th FOMC meeting US stocks declined as Fed Chair Powell’s testimony to the House affirmed the Fed’s threat of higher rates to combat inflation.  Wall Street should not have been surprised by Fed Chair Powell’s commitment to vanquish inflation, but swap futures are still only pricing in one more rate hike.  Powell reiterated that the economy
21-06-2023 16:41 GMT by Edward Moya
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US return could boost activity, focus remains on BoE and UK inflation
Stock markets remain slightly in the red on Tuesday but activity should pick up with the return of Wall Street from the long bank holiday weekend. The focus this week remains on the central banks and whether we are as close to the end of the tightening cycle as everyone wants to believe. While there is the temptation to take what the Fed and others say with a small pinch of salt given their record over the last couple of years and the fact that any pivot was always likely to come late, they hav
20-06-2023 04:49 GMT by Craig Erlam
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All eyes on the BoE this week
It's been a quiet start to the week with stocks edging lower in light trade due to the US bank holiday. It feels like last week may have left us with more questions than answers in that the US inflation data was ok, not great, the Fed paused while forecasting multiple more hikes, and the ECB hiked while insisting more is to come. Now it's up to the BoE to continue its firefighting mission; one that is at risk of getting out of control despite the MPC's efforts to contain it. Of all the major e
19-06-2023 13:25 GMT by Craig Erlam
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Ending the week on a positive note, more central banks next week
Markets are ending the week on a positive note but there remains enormous uncertainty around inflation and interest rates that looks set to continue throughout the summer. Expectations are changing considerably on a very regular basis, with markets now pricing in no rate cuts in the US this year but a strong chance of one more hike, which still falls short of the median two from the Fed dot plot. The central bank opted to buy itself time on Wednesday which may prove to be a good decision given t
16-06-2023 11:10 GMT by Craig Erlam
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