Oil prices ticked up in early Asian trading on Monday, firming up gains from last week when prices rose nearly 4% on the view that supply was tightening. Brent crude oil futures for May delivery inched up 3 cents...
It was a wild week for Bitcoin, which rose to a new all-time high of $73,777 but then quickly gave back all its gains and dropped near $64,500. As of publication time, Bitcoin is on track to end the week down marginally...
On the latest Crypto Rus show, host George talked about Bitcoin’s recent big wins and said it hit another all-time high today, breaking its record easily. Even though it went up and down a bit, Bitcoin keeps climbing, showing it’s tough even...
Tesla has had a rough 2024, with its shares down 34% year to date. But the electric-vehicle space in general is having a difficult time, and, relatively speaking, Elon Musk’s carmaker is sitting pretty, believes one industry observer. CFRA automotive analyst Garrett Nelson, speaking to Fox Business this week, noted...
The New York Stock Exchange opens every workday morning at 9:30 am ET with the fast-paced bang-clang of a gleaming brass bell. The stock exchange, the largest in the world by market capitalization, has opened with sonic fanfare for more than 150 years. The sound, so iconic it is trademarked,...
Institutional investors and individuals have been buying both gold and bitcoin (BTC) this year, not switching between the two, as some analysts have postulated, JPMorgan (JPM) said in a research report on Thursday. Outflows from gold exchange-traded funds (ETFs) and a surge in bitcoin ETF inflows raised the possibility that investors were shifting from...
Bitcoin may start to lose its reputation as a volatile asset. According to Bitwise Asset Management’s Matt Hougan, the cryptocurrency’s wild price swings have come down substantially over the past decade. “What’s driving the bitcoin market right now is a simple demand-supply imbalance,” the firm’s chief investment officer told CNBC’s “ETF...
Stocks started the week on a high note but ended with a whimper. The S&P 500 index on Tuesday reached a record high close for the 17th time this year, as investors shrugged off a higher-than-expected 3.2% annual...
Stocks finished lower on Friday, notching a second consecutive losing week for Wall Street, as investors weighed the impact of hot inflation prints on the Federal Reserve's policy decision next week. The S&P 500 (^GSPC) lost 0.7%,...
Rumors of a massive Bitcoin purchase from the Qatar Investment Authority (QIA) are unlikely to materialize, a local financial executive told Cointelegraph. The speculation was spread by Bitcoin enthusiasts on X (formerly Twitter) over the past weeks, suggesting Qatar’s...
error: Content is protected !!