Bitcoin is on target to end the week in the red, but a positive sign for the bulls is that the price has recovered from the intra-week low of about $61,000 to over $65,000. This shows that traders remain long-term bullish...
CryptoQuant CEO Ki Young Ju has predicted a resurgence in the spot Bitcoin exchange-traded fund (ETF) market if the price of BTC dips further. In a post on X on March 22, Young Ju said spot Bitcoin ETF netflows could rise even as the BTC price decline continues. Using data from...
A hospitality worker has reportedly been found guilty of money laundering in a United Kingdom specialized court for major fraud cases, following the discovery of $2.5 billion worth of Bitcoin in her possession. According to a recent BBC report, the Southwark Crown Court has found Jian Wen of laundering money using...
A reassuring economic outlook and dovish signals from the Federal Reserve are encouraging investors to look beyond the massive growth and technology stocks that have fueled the U.S. stock market’s gains over the past year. Though rallies in stocks such as Nvidia and Meta Platforms have been the market’s main...
European markets closed up slightly after stocks soared to an all-time high in the previous session. The pan-European Stoxx 600 provisionally closed higher by 0.02%, with sectors mixed. Tech and travel stocks led the losses, down 0.7% and 1.17%, respectively. The market moves come after a flurry of interest rate decisions in recent days. The Swiss...
The price of shares in Digital World Acquisition Corp. closed trading Friday nearly 14% lower than their opening price after the shell company’s shareholders approved a merger with the social media company owned by former President Donald Trump. DWAC had opened the trading day at...
Bitcoin investors are always waiting for and excited by volatility but seldom enjoy it when a price pump is followed by a sharp correction that triggers forced liquidations in futures contracts and amplifies the downside price movement.
Just two years ago, it would have been close to impossible to find many billionaires seriously thinking about adding Bitcoin (CRYPTO: BTC) to their portfolios. But a lot has changed since then, including a crypto bull market and a wave of mainstream adoption powered...
Ark Invest CEO Cathie Wood called bitcoin (BTC) a “financial super highway,” emphasizing the important use cases for the cryptocurrency in emerging markets. Wood, whose Ark Invest recently became one of the issuers of a spot bitcoin exchange-traded fund...
Stock Markets U.S. stock markets across the board have rallied during trading the week. The Dow Jones Industrial Average (DJIA) rose by 1.97% and the Dow Jones Total Stock Market climbed even higher, up by 2.27% for the week. The latter was closely mirrored by the S&P 500 Index which...
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