A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.
Wealthy investors and family offices shied away...
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...
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.
US stocks surged Thursday after new data on the labor market suggested that the economy may not be headed into the downward spiral that traders feared.
The Dow rose 683 points, or 1.8%. The S&P 500 gained 2.3%, notching its best day this year. The Nasdaq Composite added 2.9%, its...
Nvidia stock (NVDA) continued its upward momentum in premarket trading Friday, building on Thursday's 6% surge along with other chip stocks, as tech led a sharp market comeback.
The rebound came a day after shares of the AI chip heavyweight fell more than 5% along with other semiconductor names.
As of...
Bitcoin has reclaimed $62,000 just a few days after “Crypto Black Monday,” with traders pointing to a bullish pattern on the seven-day price chart, which signals Bitcoin may have hit its floor.
“Bitcoin is seeing a massive green weekly candle with a huge wick,” crypto trader Matthew Hyland said in...
Cryptocurrencies resumed their rebound from their big sell-off earlier in the week, with bitcoin topping $60,000 late Thursday.
The price of the flagship cryptocurrency was last higher by 11% at $61,232.36, according to Coin Metrics, rising above the $55,000 floor that has supported it for much of this year.
Ether advanced...
Although the unwinding of the yen carry trade has likely paused since Monday, stabilizing risk assets, including bitcoin (BTC). Still, other risks remain, such as the slower U.S. consumer borrowing, according to 10x Research's founder Markus Thielen.
Total credit outstanding increased by $8.9...
A comeback rally in Japanese stocks has quickly lost steam, as the specter of a US economic slowdown and further yen volatility cast a long shadow across global financial markets.
The Nikkei 225 ended down 0.7% on...
Bitcoin’s price increased by 5.5% on Aug. 6 yet struggled to maintain levels above $57,000 despite positive momentum in traditional financial markets. On Aug. 7, the Euronext 100 index rose by 2.2% and oil prices surged by 2.8%. This suggests that...
