Bitcoin shot up this week following long-expected cuts from the Federal Reserve Wednesday. The biggest digital coin is now priced at $63,125 per coin, according to CoinGecko—a more than 5% seven-day rise.
The price jump came after Jerome Powell announced that the central bank would be cutting by 50 basis...
The northern hemisphere summer has not yet officially finished, but United States natural gas markets are already sizing up supply and demand balances for this winter and the next year, and indicate that sharply higher prices may emerge.
US stocks closed mixed on Friday as rate-cut euphoria faded, but the Dow Jones Industrial Average (^DJI) managed to stay above the 42,000 level again to eke out another record close.
The S&P 500 (^GSPC) fell 0.2%...
The United States Securities and Exchange Commission (SEC) gave Nasdaq the go-ahead to list and trade shares of options for BlackRock’s spot Bitcoin exchange-traded fund, or ETF.
In a Sept. 20 notice, the SEC approved options trading for...
The U.S. Securities and Exchange Commission has approved listing and trading of options for asset manager BlackRock's spot bitcoin exchange-traded fund on the Nasdaq.
Options trading for BlackRock's fund iShares Bitcoin Trust has been approved with ticker...
Bitcoin rallied nearly 6% after the world’s largest asset manager issued a white paper highlighting the digital asset’s potential as a hedge against monetary and geopolitical risks.
BlackRock published a Bitcoin white paper on its appeal to investors as a “unique diversifier” that is detached from traditional fiscal and geopolitical...
Cryptocurrencies rose as part of a broad market rally Thursday, one day after the Federal Reserve delivered a half-percentage-point reduction in interest rates, the first in more than four years.
The price of bitcoin was recently higher by 5% at $63,255.00, according to Coin Metrics, building on a rally underway before the...
Mortgage rates continued to decline this week, taking a little more pressure off America’s tight housing market as the Federal Reserve ramps up its efforts to keep the economy on an even keel.
The standard, 30-year fixed-rate mortgage averaged 6.09% in the week ended September 19, Freddie Mac said Thursday,...
The Bank of Japan kept its benchmark interest rate steady at “around 0.25%” — the highest rate since 2008 — at the conclusion of a two-day meeting Friday.
While the decision is in line with Reuters poll estimates, economists largely see another rate hike by end of the year.
The verdict...
Asia-Pacific markets rose in choppy trading Thursday, as investors assessed the Federal Reserve’s decision to cut interest rates by a half-percentage point.
Japan’s Nikkei 225 rose 2.53%, while the broad-based Topix climbed 2.41%. The Japanese yen weakened 0.68% to 143.24 against the U.S. dollar.
The Fed lowered its benchmark borrowing rate by a...
