The Bitcoin price successfully defended the $28,000 support on May 2, but it has yet to prove the strength needed to reclaim the $29,200 level from April 30.
$30K becomes crucial for Bitcoin bulls
U.S. stocks closed lower Monday, though not far off records for indexes, as results from Goldman and Citigroup failed to thrill investors, who are looking to an early slate of earnings from banks to get a sense of the health of the...
Tencent lost about $43.5 billion in market value on Friday after China surprised financial markets with a fresh set of rules aimed at curbing excessive gaming and spending.
The draft guidelines from China’s National Press and Publication...
Stock Markets
Most major stock indexes are down for the week, except for the 30-stock Dow Jones Industrial Index (DJIA) which gained a slim 0.01%. All broader indexes lost ground and incurred losses. The Dow Jones Total Stock Market plummeted by 3.07% while the broad S&P 500 Index lost 3.05%....
Saudi Arabia, the world’s top crude oil exporter, on Thursday cut the prices of all its crude grades loading for Asia in February to the lowest level to regional benchmarks in more than a year, as demand concerns continue to prevail.
Stocks fell on Friday, with all major averages ending the week lower as investors come to terms with the prospect of more interest-rate hikes ahead from the Federal Reserve.
The S&P 500 (^GSPC) dropped 0.76%, while the Dow Jones Industrial Average (^DJI) slipped 218 points, or 0.64%. The tech-heavy Nasdaq...
Companies that pay a dividend have a long history of beating the market. The best performers, however, are typically companies that consistently grow their payouts. Because of that, dividend investors should focus their efforts on companies with well-defined dividend-growth plans.
Chinese stocks were the world’s best performers in the opening weeks of 2023 through the Lunar New Year. Over the past two weeks, benchmark indices tracking the securities have suffered a beating to rank among the biggest losers globally.
The Luna Foundation Guard has acquired $1.5 billion in bitcoin to bolster the reserves of its most popular stablecoin, known as U.S. Terra.
Stablecoins are cryptocurrencies that aim to peg their market value to a more stable asset. This latest transaction by the Luna Foundation Guard brings it closer to its...
Increased market volatility this year has mostly prompted financial experts to repeat one piece of advice: Stay the course.
But as markets are poised for a continued bumpy ride, investors would be wise to keep another tip in mind: Diversify.
"Diversification works when you need it the most," said Chris Hyzy,...
