A few days ago, a rare event in the forex markets took place: for the first time in two decades, the euro achieved parity with the U.S. dollar. The euro's epic collapse has seen it weaken nearly 12% YTD against the greenback, putting...
Reliability, security, and stability – are some of the features that make Bitcoin the undisputed king of crypto. Indeed, the brand is the most synonymous with cryptocurrency.
It follows then that many investors would want to have...
Whales are held responsible for sudden price fluctuations in the crypto and traditional markets every so often. Given their capability to manipulate market prices, it becomes paramount for the general Bitcoin (BTC) investors to understand the nuances that make one a...
Bitcoin (BTC) consolidated higher on July 16 after the Wall Street trading week finished with modest gains for United States equities.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView
Can Bitcoin bulls reclaim the...
Stock Markets
Equities remained volatile in light-volume summer trading. Anticipation over the release of the important inflation data appeared to have kept investors out of the market, but inflation came in higher than expected. The higher-than-expected consumer prices for June pushed consumer inflation to 9.1%, higher than the expected 8.8%,...
Stocks rallied on Friday in response to a new round of bank earnings and promising economic data as fears of a 100 basis point rate hike from the Federal Reserve to subdue rising inflation subsided.
The Dow Jones Industrial Average popped 658.09 points, or 2.15%, to settle at 31,288.26. The...
Citigroup on Friday posted second-quarter results that beat analysts’ expectations for profit and revenue as the firm benefited from rising interest rates and strong trading results.
Here’s what the bank reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:
Earnings per share: $2.19 vs...
As Voyager Digital and Celsius Network customers scream, “Where the hell’s my money?” Mt. Gox creditors must feel like James Franco’s nameless character in “The Ballad of Buster Scruggs,” who asks his neighbor at the gallows, “First time?”
After eight years of holding the bag, creditors of the famed, failed...
Bitcoin (BTC) hit $21,000 for the first time in several days on July 15 as markets enjoyed what one trader called "summer relief."
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView
Altcoin rebound eyed as BTC price adds 11%
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD grinding higher overnight to just tap the $21,000 mark...
Gold prices fell on Friday and were poised for a fifth straight weekly loss, as expectations of a sizeable rate hike by the U.S. Federal Reserve powered the dollar and eroded bullion’s appeal.
Spot gold was down...
