Bitcoin flash crash wipes $1B in 'speculative excess' from markets – Cointelegraph
Cryptocurrency traders are using options and futures to gain exposure to Bitcoin (BTC) after the currency plummeted more than 14% from its all-time high of $69,200 on March 5. They have raised an astonishing $1 billion in funding. On-chain analytics provider Santiment’s March 6 post on X I have written It was revealed that the […]
Bitcoin hits all-time high, moving markets but not Washington
The price of a single bitcoin hit an all-time high on Tuesday, topping $68,800 for the first time since November 2021, driven by a cash injection following the approval of an exchange-traded fund (ETF) to hold the cryptocurrency. The rise continued. The Securities and Exchange Commission (SEC) approved the first U.S. physical exchange-traded fund in […]
Stock Market Today: Bitcoin Nears $69K High, Traders Zero in on Powell – Markets Insider
Bitcoin just missed Monday’s all-time high and fell in early morning trading. Meanwhile, U.S. stock futures fell as investors awaited Jerome Powell’s testimony to Congress. The Fed chair’s comments could provide a clue as to where interest rates are headed. Thank you for registering! Access your favorite topics in a personalized feed on the go. […]
A short-term trading strategy if volatility returns to the markets in March – CNBC
February was another great month for U.S. stocks, with each of the three major indexes setting record highs, and two of the three indexes hitting their highest February in nearly a decade. But March Madness is here, and the market is having a somewhat mixed start to the month. This potential profit-taking contrasts with the […]
Stocks End Month at New Highs After Inflation Data: Markets Wrap – Yahoo Finance
(Bloomberg) – Wall Street traders worried about another disappointing inflation report were buoyed after the Federal Reserve’s preferred price gauge matched expectations. I was relieved to some extent. Most Read Articles on Bloomberg Stocks closed at record highs as a rise in the consumer spending index strengthened expectations that the Federal Reserve could cut interest […]
Nasdaq soars to record high as markets appear unsinkable – CNN
Michael Nagle/Bloomberg/Getty Images Pedestrians passing by the Nasdaq market in New York. new york CNN — The tech-heavy Nasdaq Composite Index and S&P 500 hit record highs Thursday afternoon. The Nasdaq closed at a new high of 16,091.92, about 35 points above the previous closing high of 16,057.44 set in November 2021 during the post-COVID-19 […]
Asia-Pacific markets mostly lower as New Zealand central bank holds rate; Hong Kong budget awaited – CNBC
Friday, February 16, 2024, at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group, Inc. (JPX), Tokyo, Japan. Kosuke Okahara/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific stock markets were mostly lower on Wednesday as New Zealand’s central bank kept interest rates unchanged while investors awaited key US inflation indicators and […]
Asia-Pacific markets edge lower; New Zealand central bank holds official rate – CNBC
29 minutes ago Reserve Bank of New Zealand keeps interest rates at 15-year high Wednesday, February 22, 2023 at the Reserve Bank of New Zealand (RBNZ) Building in Wellington, New Zealand. Mark Coote/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images The Reserve Bank of New Zealand left its key lending rate unchanged on […]
Markets Week Ahead: USD, Euro and Gold Eye Inflation Data, Sterling Supported – DailyFX
General sentiment soared over the past week, dominated by Nvidia’s impressive results and encouraging guidance for Q1 2024. The chipmaker helped the S&P 500 reach an all-time high again, with Japan’s benchmark index also achieving the same feat for the first time in his 34 years. Oddly enough, high market sentiment led to a rise […]
Stock Market Outlook: How to Avoid a Lost Decade for Stocks – Markets Insider
Concerns about stock market concentration are growing as the Magnificent Seven giants continue to rise in value. If the AI bubble bursts, stocks could be in for a lost decade, similar to the end of the dot-com boom. Richard Bernstein told Business Insider that portfolio diversification is key for investors to avoid losses if the […]