LONDON — European stocks started the new trading week on a positive note, buoyed by gains in Asia overnight and last Friday’s rally on Wall Street, before quickly paring gains.
The pan-European Stoxx 600 index
opened 0.56% higher...
Bitcoin BTC$63,662.38 faces potential selling pressure as the dollar value of hodlers’ BTC exposure falls by billions of dollars.
New research by onchain analytics platform CryptoQuant shows speculators stepping in while seasoned hodlers go risk-off on BTC.
There's more to like about Bitcoin beyond its enormous upside potential.
In 2024, a surprising number of billionaires have turned bullish on Bitcoin (BTC 2.61%). Some of them are billionaire hedge fund managers. Others are tech entrepreneurs or captains of...
An “ancient” Bitcoin whale that mined BTC in the Bitcoin network’s first two months of existence has moved more BTC to cryptocurrency exchange Kraken, a blockchain data firm says.
“This Bitcoin was mined ONE MONTH after Bitcoin’s launch in Feb/March 2009,” Arkham Intelligence pointed out in an Oct. 4 X post.
The mysterious...
Cathie Wood's most recent price target for Bitcoin is even higher than the target issued by her own firm.
Cathie Wood is the founder and chief investment officer of Ark Investment Management, which operates several exchange-traded funds focused on innovative technology stocks. Electric vehicles, e-commerce, space exploration, artificial intelligence (AI),...
Chinese stocks could soon surge 15%, with another expected round of stimulus spurring a fresh economic growth spurt for the world's second-largest economy, according to Société Générale.
Strategists at the bank pointed to China's recent monetary stimulus package, which included measures like interest rate cuts, lowering reserve requirements for banks, and...
US Equity Markets Extend Weekly Gains on Soft Landing Bets
The US equity markets extended their weekly gains in the week ending October 4. Notably, the Dow advanced by 0.09%. The Nasdaq Composite Index and the S&P 500 gained 0.10% and 0.22%, respectively. Investor optimism about a possible soft economic landing contributed to the gains.
US Economic...
The US labor market added far more jobs than projected in September while the unemployment rate unexpectedly ticked lower, reflecting a stronger picture of the jobs market than Wall Street had expected.
Data from the Bureau of...
The US economy added 254,000 jobs in September and the unemployment rate ticked slightly lower to 4.1%. This better-than-expected report brought positive news to Wall Street, giving stocks (^DJI,^GSPC, ^IXIC) a slight lift Friday morning.
Scott Wren,...
Bitcoin edged up to highs of $61,600 in early European trading today, as investors nervously await the U.S. Bureau of Labor Statistics' release of the September jobs report.
At time of publication, the price of Bitcoin has...
