Bitcoin metric calls 'local bottom' as traders eye sub-$60K BTC price – TradingView
Bitcoin BTCUSD With major BTC price indicators seeing room for growth, it suggests a third “local bottom” could occur in 2024. The latest research published by on-chain analytics platform CryptoQuant on August 8th shows bullish indications from the network value-to-transaction golden cross (NVT-GC) tool. BTC price is “overly depressed” Bitcoin is at risk of collapsing […]
Bond traders are betting on Trump. Investors should stay on the sidelines.
The upcoming US presidential election has become one of the most surprising in American history, with President Biden withdrawing his candidacy and endorsing Vice President Kamala Harris as his successor. Key members of the Democratic Party are now united in their support for her nomination. Biden’s decision was widely expected after his poor performance in […]
Bitcoin Option Traders Are Betting On A Price Breakout Ahead Of US Elections: QCP Capital – TradingView
Bitcoin prices have surged over the past seven days, climbing back into the $61,000 to $67,000 zone where they spent most of the second quarter. This strong run has come despite FUD (fear, uncertainty, and doubt) caused by speculation about Mt. Gox repaying customers. Interestingly, recent trading data has led QCP Capital, a well-known trading […]
Real estate stocks gain as traders look for alternatives to tech stocks (NYSEARCA:XLRE) – Seeking Alpha
Esch Collection/Digital Vision via Getty Images Real estate stocks rose this week as the market priced in a near-certain Federal Reserve interest rate cut in September and traders began moving out of tech stocks into other assets, including defensive and value sectors. Small cap stocks. Meanwhile, the assassination attempt has increased the odds that former […]
Gold market analysis for July 17 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wyckoff I have over 25 years of experience covering the stock, financial and commodity markets. I was a financial journalist for FWN Newswire Services for many years and have also worked as a reporter on the active commodity futures trading floors in Chicago and New York. As a journalist, I have covered every futures […]
US Futures Waver as Traders Juggle Trump-Win Bets: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian shares are expected to open mixed as U.S. stock futures swayed after the assassination attempt on President Donald Trump boosted expectations he would win the November election. Most read articles on Bloomberg S&P 500 contracts were little changed in early Asian trading. The U.S. dollar edged up against most currencies. Bitcoin surged […]
Stock futures dip slightly as traders brace for key consumer inflation report: Live updates – CNBC
13 minutes ago European stocks open higher See the chart… Stoxx 600 Index. 8 hours ago Federal Reserve Fines Citigroup $60.6 Million The Federal Reserve on Wednesday fined Citigroup $60.6 million for violating a 2020 enforcement action. press release. “Citigroup failed to adequately remediate its data quality control issues and failed to implement compensation controls […]