Ark Invest says Bitcoin could skyrocket as spot ETFs and the next "halving" event boost demand for the cryptocurrency.
Bitcoin (BTC 1.67%) hit an important milestone in February, surpassing $50,000 for the first time since December 2021. The cryptocurrency has gained 120% over the past year as economic optimism led to a rotation...
U.S. stocks fell sharply Monday, sending the Dow Jones Industrial Average down more than 400 points and extending the market’s losses after its worst week in more than seven years.
Health care, technology and industrial stocks took some of the heaviest losses in the broad sell-off, which followed news that...
Stocks rose on Wednesday after the minutes from the Federal Reserve's latest policy meeting signaled a likely slowdown in the central bank's pace of interest rate increases next month.
When the closing bell rang on Wall Street,...
Financial services giant Fidelity’s director of global macro says bitcoin is “exponential gold.” He explained that gold is “too deflationary and clunky to be used as a medium of exchange,” noting that “investors own it primarily as a store of value...
GameStop shares rose more than 14% in extended trading Thursday after The Wall Street Journal reported the retailer plans to create a marketplace for non-fungible tokens, often called NFTs.
GameStop also plans to establish cryptocurrency partnerships to create games...
Nomic, a layer-1 bridging solution for Bitcoin, will enable Bitcoin liquidity on Cosmos via a Bitcoin-backed token.
The team will implement an upgrade, the nBTC Interchain Upgrade, to the Nomic layer-1 blockchain, by the end of October to kick off the launch of the new token.
The nBTC token will act...
Ether price is down on Dec. 16 and the pre-FOMC rally to $1,350 was obliterated after Federal Reserve chair Jerome Powell issued hawkish statements following a 0.50% hike in interest rates.
The Ether sell-off follows a market-wide decline that has sent Ethereum network fees plummeting by 39.90% in the past 30-days.
Daily Ethereum...
This has been a "buckle up and hold on" type of year for investors. The unprecedented coronavirus disease 2019 (COVID-19) pandemic created a level of panic and uncertainty that Wall Street had never contended with before. Ultimately, the broad-based S&P 500 (SNPINDEX:^SPX)...
Working up the courage to invest in the stock market for the first time can be tough. Even after the long bull market has demonstrated just how rewarding stocks can be, many people feel like they’ll just be putting their money into the...
A falling U.S. dollar is getting a lot of attention from stock-market investors, and according to the chart below from Wells Fargo Investment Institute, the focus isn’t misplaced.
The chart sums up how the...
