The bond market could again set the course for the week ahead, after rapidly rising interest rates gave stocks a choppy start to the new year. In the coming week, key inflation reports are expected, and Federal Reserve Chairman...
What happened Volatility among mega-cap tokens hasn't taken a breather today. In fact, major cryptocurrencies Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) have seen another day of declines. These tokens fell by 3.6% and 6.7%, respectively, over the past 24 hours, as of 9:30 a.m. ET.
Bitcoin dropped to a three-month low late Friday amid jitters over U.S. monetary policy tightening and an internet shutdown in Kazakhstan, the world’s second-biggest bitcoin mining hub. The price of bitcoin fell below the $41,000 mark to $40,749.90 just...
Investors have been preparing for the Federal Reserve to start hiking interest rates. They also know the central bank is cutting the amount of bonds it buys each month. On top of that, they figured, eventually, the tapering would lead to a...
Bitcoin and other cryptocurrencies fell on Thursday as hawkish minutes from the Federal Reserve’s December meeting hit global risk assets. Bitcoin traded at $43,225.10, down about 2% from the 24 hours previous, according to Coin Metrics data as of...
LONDON — Global markets turned lower on Thursday as persistent inflationary pressure and fears of a faster-than-expected rise in U.S. interest rates weighed on riskier assets. Shares in Asia-Pacific fell sharply on Thursday, following in the footsteps of the U.S. overnight....
VinFast has announced it has begun a reservation program for its first two EVs, the VF e35 and e36, which started at the 2022 CES. The Vietnamese brand wants to apply blockchain technologies in the reservation certification process, as well as in...
GameStop shares rose more than 14% in extended trading Thursday after The Wall Street Journal reported the retailer plans to create a marketplace for non-fungible tokens, often called NFTs. GameStop also plans to establish cryptocurrency partnerships to create games...
Sony's (SONY) stock was up as much as 3% during intraday trading on Wednesday after announcing that it intends "to explore entry into the EV market" through an operating company called Sony Mobility Inc., set to launch this spring.
Bitcoin (BTC) and the wider cryptocurrency market fell under as equities markets pulled back at the closing bell after minutes from the Federal Reserve's December FOMC meeting showed that the regulator is committed to decreasing its balance sheet and increasing interest rates...
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