Wall Street executives, political gamblers and cryptocurrency traders are piling up their bets that former President Donald Trump is returning to the White House.
But the stock market may be telling a different story.
Mt. Gox is moving its Bitcoin again.
Late Thursday, the collapsed exchange moved 500 Bitcoin—worth over $35 million—to cold storage, according to data and wallet labels from blockchain tracker Arkham Intelligence.
It isn’t...
A Historic Bitcoin Rise in Sight
Nigel Green, CEO of financial advisory giant Devere Group, believes bitcoin could hit unprecedented highs if former U.S. President Donald Trump wins the upcoming U.S. presidential election. Green stated on Tuesday:
Bitcoin, Gold Prices Poised for Upside? JPMorgan Weighs Trump-Driven Potential
JPMorgan analysts, led by managing director Nikolaos Panigirtzoglou, indicated in a Wednesday report that a possible Donald Trump win in the upcoming U.S. presidential election could enhance retail interest in bitcoin and gold. They noted:
Retail investors appear to be embracing...
New economic data will be released on Nov. 1.
A lot is going on next week. The U.S. Presidential Election is on Nov. 5 and the Federal Reserve kicks off its November meeting a day later, which will end on Nov. 7 potentially with another interest rate cut. The party...
Cryptocurrency exchange Coinbase (COIN) late Wednesday announced that third-quarter revenue grew 78%, but still slightly below analyst estimates. Coinbase also missed Q3 earnings views. The stock retreated Thursday even as bitcoin traded near record high levels.
Coinbase reported Wednesday Q3 earnings of 28 cents per share, up from a loss...
Asia markets fell Friday, after the Nasdaq Composite and the S&P 500 suffered their worst day in nearly two months, while investors awaited Federal Reserve rate verdict and U.S. elections next week.
Caixin China manufacturing purchasing managers’ index for October came in at 50.3, beating median estimate of 49.7 in a Reuters poll of economists,...
Stock futures slid on Thursday morning as Wall Street absorbed a fresh batch of earnings reports from megacap technology names.
S&P 500 futures lost 0.48%, and Nasdaq 100 futures fell about 0.7%. Futures tied to the Dow Jones Industrial Average declined 76...
Americans are emerging from a yearslong funk about the economy, with the presidential election just a week away.
The Conference Board’s latest consumer survey showed that Americans this month became more optimistic about the future of both...
MicroStrategy Inc. has hired banks to help it raise $42 billion through the sale of new shares and fixed income to buy more Bitcoin after a flurry of deals over the past year.
The enterprise software maker,...
