It’s too early to give the all-clear to the rapid unraveling of “carry trades,” strategists have said, warning investors that the unwind may still have further room to run.
Carry trades refer to operations wherein an investor borrows in a currency with low interest rates, such as the Japanese yen,...
The crypto world is experiencing unprecedented excitement, and the United States is positioning itself as the main driver of this new wave of adoption. Bitcoin, in particular, is attracting the attention of American investors, signaling glorious days ahead for the crypto...
Asia-Pacific markets were mostly higher on Monday after a roller-coaster week that saw steep sell-offs followed by a sharp recovery, especially in Japan stocks.
Futures for benchmark U.S. indexes were lower as investors awaited key inflation data...
A sense of calm has returned to Wall Street.
But it hasn't been easy.
To recap for those whipsawed by the fast and furious action: Rising recession risks and the rapid unwinding of...
Bitcoin recovered sharply from the intra-week lows of below $50,000, signaling aggressive buying at lower levels. Although this is a bullish sign, veteran trader Peter Brandt believes the selling is not done yet. Brandt said in a X post that there...
Federal Reserve Chair Jerome Powell has mentioned two factors that could lead to interest rate cuts. One was inflation declining to near the Fed's 2% goal. The other was a weakening job market.
Both boxes have now been checked off. The Fed's favorite inflation metric -- the personal consumption expenditures...
This technology company will suffer from end-market weakness in 2024, but its long-term prospects remain excellent.
The stock market did not take kindly to machine vision company Cognex Corp.'s (CGNX -0.03%) recent second-quarter earnings report. Unfortunately, its end markets are weakening in 2024, and the hoped-for pick-up in orders in the all-important second and...
Cryptocurrency custody platform BitGo is set to move its Wrapped Bitcoin business to a multi-jurisdictional and multi-institutional custody structure to ramp up its security efforts.
Currently, BitGo’s Wrapped Bitcoin (WBTC) custody operations and cold storage are based solely in the United States. However, according to an Aug. 9 statement, the company...
The crypto markets appear calm heading into the weekend after a volatile week that tested how institutional investors new to the crypto trade would react to the mammoth swings that are old hat for more seasoned digital currency investors.
The sell-off in bitcoin and ether began earlier this week and...
The Bitcoin bull-bear market cycle indicator, which tracks investor sentiment phases, has flipped to signal bullish conditions, following three days of flashing red as Bitcoin’s price plummeted to levels not seen since February.
“Most Bitcoin on-chain cyclical...
