Bitcoin has been mislabelled as a “risk-on” asset, according to BlackRock’s head of digital assets, Robbie Mitchnick.
“What’s happened a little bit in the crypto industry is a bit of an own goal,” said Mitchnick in an interview with Bloomberg on Sept. 24.
“Some of the crypto research type publications and daily commentaries...
A trader works on the floor of the New York Stock Exchange shortly after the closing bell as the market takes a significant dip in New York, U.S., February 25, 2020. REUTERS/Lucas Jackson
U.S. stocks closed modestly higher on Monday as investors...
Traditionally, big Fed interest rate cuts and equity prices hovering near all-time highs are ominous signs for the stock market.
Large rate cuts – such as those Fed officials approved and forecast last week – typically reflect...
One of the exciting developments from last week was the U.S. Securities and Exchange Commission's (SEC) nod for approval and listing of physically settled options tied to BlackRock's spot bitcoin (BTC) ETF, the iShares Bitcoin Trust (IBIT).
There is...
Hamster Kombat, the sensation game on Telegram, is on the verge of embarking on one of the largest token distributions in history. The Hamster Kombat team disclosed that the airdrop will reach 131 million users. However, players have criticized the allocation...
Bitcoin is due an “explosive move” by the end of 2024 as recent BTC price action sets up an $85,000 target.
In a post on X on Sept. 21, crypto trader, investor and analyst Titan of Crypto predicted “intermediate” 35% gains for BTC/USD.Trader counts down to Bitcoin breakout “by the end of the...
Bitcoin dipped below $63,000 on Sept. 22, indicating possible profit booking by short-term traders. Some analysts believe that Bitcoin could enter a minor consolidation before attacking the crucial overhead resistance at $65,000.
While short-term uncertainties remain, analysts are bullish for the long term. Standard Chartered global head of digital assets research...
It could be time to rethink popular portfolio strategies for a lower interest rate environment.
The Federal Reserve’s half-percent rate cut on Wednesday marked the first time in more than four years it moved to lower the benchmark interest rate. According to VanEck CEO Jan van Eck, investors should start thinking...
No matter how much money you have, every adult faces countless financial decisions every year — how to stay afloat, prosper, prepare for the future, enjoy life and minimize hardship.
It’s … a lot.
So if you’re looking for help along the way, there are plenty of increasingly low-cost digital and...
Stocks rallied to record highs this week in the aftermath of a jumbo-sized interest rate cut at the Federal Reserve, presenting investors with a key question: Where is the market headed from here?
Experts who spoke to ABC News voiced cautious optimism about the outlook for the stock market, since...
