Chinese Indexes Company Launches Hang Seng Metaverse Index
A Chinese indexes company, Hang Seng Indexes, has launched a new index which tracks the performance of metaverse-related companies in mainland China. The index is calculated and disseminated in real-time at two-second intervals, the company said. Rising Popularity of the Metaverse Hang Seng Indexes Company Limited, an entity that manages and compiles the Hang Seng Family of Indexes, recently announced the Hang Seng China Metaverse Index launch. The new index tracks the performance of mainland Chinese companies involved in metaverse-related businesses. As explained in a statement released....
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Bitcoin traders say the bottom is in, but it’s important to also consider BTC’s correlation to equities markets. Bitcoin (BTC) price traded down 23% in the eight days following its failure to break the $45,000 resistance on Feb. 16. The $34,300 bottom on Feb. 24 happened right after the Russian-Ukraine conflict escalated, triggering a sharp sell-off in risk assets.While Bitcoin reached its lowest level in 30 days, Asian stocks were also adjusting to the worsening conditions, a fact evidenced by Hong Kong's Hang Seng index dropping 3.5% and the Nikkei also reached a 15-month low.Bitcoin/USD....
A failure to hold $40,000 comes as the U.S. dollar currency index finally weakens. Bitcoin (BTC) stayed rangebound on April 29 as a welcome retracement saw the U.S. dollar come down from 20-year highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader eyes $40,600 as "crucial" breakerData from Cointelegraph Markets Pro and TradingView showed BTC/USD hugging support near $39,300 after failing to hold $40,000.The pair had managed some modest upside despite a “parabolic rally” in U.S. dollar strength throughout the week.The U.S. dollar index (DXY) finally began cooling Friday....
Bitcoin rises with Asian stocks, while $41,000 resistance gets decisive after a brief but failed breakout overnight. Bitcoin (BTC) returned above $41,000 prior to the Wall Street open on March 16 as good news from Asia and Russia buoyed stocks.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC on track to close week higherData from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining $41,000 as a focus after the Chinese government promised fresh economic support.Beijing announced the move following weeks of tumultuous action on Chinese markets, with tech stocks....
Yesterday Bitcoin began growing again and moved up by $43 from the level of $380 to $423. The reason for this was another fall in Asian markets on Wednesday, January 20 2016. Japan's Nikkei fell 3.7%. In Hong Kong, the Hang Seng Index also fell by 3.7%. Moreover, Hong Kong Dollar rates also decreased. The Chinese stock market has also spent the last day in recession. The Shanghai Composite fell by 0.9% and continues falling. The market in South Korea fell by 2.3%. The MSCI index of Asia-Pacific dropped to its lowest level since 2011 – falling by 2.6%. Also yesterday, the price per barrel....
S&P Dow Jones Indices launched five new cryptocurrency indexes on Tuesday, marking the company’s first significant expansion of its digital asset benchmarking tools since entering the market in May. S&P Dow Jones Launch New Indexes The world’s largest index provider, S&P Dow Jones Indices, announced the launch of five new cryptocurrency indices on Tuesday. In […]