Equities rallied on easing geopolitical tensions, upcoming quarterly results.
Disappointing readings on GDP and inflation helped tank equities.
Recent data over a seven-day period ending April 21, 2024, shows that non-fungible token (NFT) sales have declined by 25.48%, totaling approximately $236.96 million. Bitcoin dominated the NFT market this week, contributing $111.8 million to the overall sales since April 14. NFT Sales Tumble This week, NFT revenues fell 25.48% compared to the previous week. […]
Economist and gold advocate Peter Schiff has declared bitcoin to be in a bear market, despite the recent surge in interest in spot bitcoin exchange-traded funds (ETFs). Additionally, he cautioned that economic data provides conclusive evidence that stagflation is not merely a future prospect for the U.S. economy, “but already a current reality.” Peter Schiff […]
Asset management firm Bitwise has cautioned that data suggests the upcoming Bitcoin halving is a “sell the news” event. However, the firm explained that the market likely “prices in the short-term impact of the halving but underestimates the long-term impact,” emphasizing that the data “also suggests that, long-term, the halving may be conducive to price […]
A technical analyst has highlighted that bitcoin is approaching “the point where historically the most aggressive part of the bull cycle begins,” forecasting a potential rise to $300,000 for the cryptocurrency. “Unrealistic or not, that gives us a $300,000 projection and is undeniably technical as those are the exact high-to-low measurements at the time it […]
On April 28, 2024, the price of bitcoin was coasting along at $62,900 per unit as of 7:28 p.m. Eastern Time (ET). Since then, the price fell below the $62K mark by Monday morning ET, only to climb back above $62,000 by mid-afternoon. It has been nine days since the last halving event and 109 […]
Australia’s hotly anticipated quarterly consumer price index will land amid fears inflation progress is stalling in some advanced economies and threatening to delay interest rate cuts. Consecutive months of hotter-than-expected United States inflation data have pushed back the expected timing of rate cuts in the world’s biggest economy to later this year. Australian interest-rate markets […]
SEOUL, April 19 (Yonhap) -- The government will beef up the monitoring of
Learn when the new prices for the streaming service will take effect.
Stocks sold off sharply Tuesday as anxiety set in ahead of Wednesday's policy statement from the Federal Reserve.
The EV stock rose nearly 2% ahead of its highly anticipated Q1 earnings report, due after tonight's close.