Oil prices rose on Friday, and were on track for a fifth consecutive weekly gain on expectations demand growth will outstrip supply and OPEC+ producers will be cautious in returning more supply to the market from August.
Brent was...
At the time of writing, Bitcoin is expected to have a -20.8% difficulty adjustment, with 651 blocks to go. Listed below are the largest difficulty adjustments in Bitcoin's history, making the impending difficulty adjustment the largest downward adjustment in history if blocks...
With bitcoin prices briefly dipping below $30,000 on Tuesday and various investors seeing a downslide to possibly $20,000, a growing number of asset managers have begun betting on a short-term rise on the cryptocurrency at the CME.
The latest...
Stock Markets
The stock markets rebounded strongly from the declines during the previous week. The broad S&P 500, as well as the technology-dominated Nasdaq Composite Index, ascended to record highs as both experienced their largest weekly gains since the...
There were two big pieces of news yesterday out of El Salvador, which – let’s all say it again – will become the first country in the world to treat bitcoin as legal tender. First, the South American country set a Sept....
After dealing with a host of problems caused by a cryptocurrency mining craze, the former mayor of Plattsburgh, New York, on Thursday cast doubt on the economic benefits of miners setting up shop in a region.
“Counties and cities...
Tech billionaires Elon Musk and Jack Dorsey have agreed to discuss bitcoin with each other at an event in July.
In a bizarre Twitter thread, Musk responded to a tweet from Dorsey promoting an event called “The B Word,”...
The monthly jobs report is the highlight in the coming week, as June winds down and markets start the second half of the year.
Economists are expecting about 700,000 jobs. That’s better than the 559,000 in May but below...
After dealing with a host of problems caused by a cryptocurrency mining craze, the former mayor of Plattsburgh, New York, on Thursday cast doubt on the economic benefits of miners setting up shop in a region.
“Counties and cities...
Andreessen Horowitz is launching a multibillion-dollar fund to invest in a volatile ecosystem it’s betting will be as influential as the internet.
The Silicon Valley venture capital firm, founded by Marc Andreessen and Ben Horowitz, announced its new $2.2...
