The U.S. dollar traded close to a four-month peak versus major peers on Tuesday, while bitcoin extended its record rally as investors continued to pile into trades seen as benefiting from the incoming Donald Trump administration.
The...
The rapidly growing iShares Bitcoin Trust (IBIT) has now blown past one of the biggest funds in an old-school category of investing: gold.
According to FactSet, the bitcoin exchange-traded fund had roughly $34.3 billion in AUM as...
Bitcoin’s BTC$81,417 price crossed the $80,000 mark for the first in history and over $1.5 trillion in market capitalization just days after Donald Trump’s reelection in the United States presidential elections.
On Nov. 10, the top cryptocurrency rose by almost 4.50% to reach a new inflation-adjusted record high of $80,116 (data from Bitstamp). Smaller...
Bitcoin continues its march to a new all-time high after hitting $79,645 today, November 10. The crypto asset’s latest strong performance is backed by on-chain data, suggesting an increasing demand from US-based traders in recent weeks. And with the US Federal Reserve’s rate reduced by 25 basis points, many...
Stocks just had their best week of 2024.
All three major indexes pressed to record highs after Donald Trump won the 2024 presidential election.
For the week, the S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) rose more than 4.5%, while the Nasdaq Composite (^IXIC) rose nearly 6%.
In the...
European stocks were higher on Monday, starting the week on a positive footing after Donald Trump’s election victory and interest rate cuts from major central banks.
The pan-European Stoxx 600 index traded up 1% at around 9:10 a.m. London time, with most sectors and major bourses in positive territory. Construction...
If thinking about Chegg gives you PTSD to the days when you were in school, I might have some good news for you: The company known for textbook rentals and homework help is running on fumes. Chegg’s stock is down a...
The Federal Reserve cut its key overnight lending rate again on Thursday, following on the heels of a half-point cut in mid-September.
Fed watchers also expect the central bank may cut the rate once more this year, by another quarter...
Bitcoin (BTC) jumped above the $79,000 mark for the first time in history in an unusual weekend pump that liquidated $280 million in bearish crypto trades.
BTC rose 4%, extending 7-day gains to over 16% on the...
Is it time to pay closer attention to the world's second-most valuable cryptocurrency?
Bitcoin's (BTC 3.10%) price more than doubled to a record high during the past 12 months. Four catalysts drove that rally: the approvals of...
