Bitcoin’s price dropped to $62,705 in the early hours of Sept. 26, causing bulls to temporarily lose hope after the third rejection at the $64,000 resistance level in just four days. However, the tide shifted as the United States stock market opened, propelling the S&P 500 index to a...
Oil fell for a second day as Saudi Arabia was reported to be weighing increasing output, and factions in Libya reached a deal that opens the way to the return of some crude production.
Brent dropped toward...
After the Federal Reserve kicked off its rate-cutting-cycle sending the market (^DJI,^GSPC, ^IXIC) higher, Kate Moore, BlackRock’s global allocation fund head of thematic strategy joins Josh Lipton and Julie Hyman to discuss what Wall Street needs to see for stocks to...
Bitcoin has achieved significant success since its inception, but some within the community remain concerned about its future.
On Sept. 14, a Redditor on the Bitcoin subreddit appealed to the community with a question on the most legitimate concerns...
In the past six months, the Bitcoin network has seen a significant drop in capital inflows, with the Bitcoin price stuck in a “lengthy consolidation phase,” according to Glassnode.
This extended period of consolidation, which has persisted since...
US stocks rose modestly on Tuesday, with the S&P 500 (^GSPC) and Dow Jones Industrial (^DJI) average notching record closes. Investors digested China's launch of aggressive stimulus and a notable dip in US consumer sentiment.
The tech-heavy Nasdaq Composite (^IXIC) rose 0.56%, leading the day's gains, while the S&P 500...
Decentralized crypto exchange Mango Markets has already weathered a debilitating multimillion-dollar hack and the expensive regulatory investigations it spawned. The group may soon take another blow: a six-figure settlement with the Commodity Futures Trading Commission (CFTC).
The crypto derivatives trading hub faces CFTC charges for allegedly failing to register as...
MicroStrategy’s Bitcoin buying spree has been a “key driver of its stock’s outperformance,” and the company should consider “beginning to generate yield by lending out a portion of its Bitcoin holdings,” according to a Sept. 24 analyst report shared with Cointelegraph.
The company’s stock, MSTR, could be worth $215 per share...
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...
