On Jan 2, El Salvador President Nayib Bukele shared five bullish predictions on Bitcoin’s (BTC) performance for the year 2022. Last year, El Salvador became the first country to adopt Bitcoin as legal tender under Bukele’s presidency as a...
During the last ten years, we have been witnessing massive changes in the cryptocurrency sector. Bitcoin, for example, went from being an interesting experiment for a mainstream investor portfolio mainstay to a new asset class and digital gold.
Oil posted its biggest annual advance since 2009 as vaccination rollouts accelerated the reopening of economies, spurring global consumption while crude production returned at a more moderate pace. West Texas Intermediate rose 55% for the biggest year-to-date gain in...
U.S. stock futures rose early Monday morning as Wall Street looked to start off 2022 on solid footing. Futures tied to the Dow Jones Industrial Average rose 104 points, or about 0.3%. Those for the S&P 500 advanced 0.32%...
After a nearly 29% total return for the S&P 500 this year, history suggests 2022 may see more gains for investors. Truist Advisory Services co-chief investment officer Keith Lerner found that going back to 1950, when the S&P 500...
Trading platform Robinhood has announced the beta launch of its cryptocurrency wallets, which is set for mid-January. The company said 1.6 million people have signed up for the crypto wallets. Robinhood’s Crypto Wallets to Launch in Beta This Month
It’s back to business in the week ahead with a busy economic calendar to start the new year, including the always important monthly jobs report. After a stellar 2021, stocks head into the 2022 with a tailwind, but the...
Bitcoin's (BTC) price has been ranging between $46,000 and $52,000 for 26 days. Despite the large nominal $6.1 billion year-end options expiry, the bullish and bearish instruments were evenly balanced between $44,000 and $49,000. Therefore, it was no surprise...
Stock Markets The major stock indexes generally ended on a strong note on the back of a Santa Claus rally, suggesting that the gains for the week are technical year-end seasonal moves. The broad S&P 500 Index ended on...
Bitcoin (BTC) and the broader cryptocurrency market turned lower later in the day on Dec. 31, erasing intraday gains to cap off a highly successful year on a weaker note.  Market Update BTC price fell below $46,000...
error: Content is protected !!