U.S. stock futures were marginally lower Tuesday morning after a losing day for the major benchmarks. Dow Jones Industrial Average futures inched lower by 51 points, or 0.13%. S&P 500 futures and Nasdaq 100 futures were down 0.1% and 0.04%. Wall Street is coming off a choppy day for the major benchmarks. The 30-stock Dow dropped 248 points, or 0.65%, in its […]
Bitcoin (BTC-USD) prices are holding above $63,000 as the cryptocurrency gives up some ground on Monday. The bitcoin halving event is projected to take place this Friday, April 19, which operates to reduce the amount of available bitcoins in circulation once every four years. The bitcoin halving directly impacts the profits of bitcoin miners, including […]
Microsoft (MSFT) closed the most recent trading day at $413.64, moving -1.96% from the previous trading session. This change lagged the S&P 500’s 1.2% loss on the day. Meanwhile, the Dow lost 0.65%, and the Nasdaq, a tech-heavy index, lost 1.79%. The the stock of software maker has risen by 1.32% in the past month, […]
Hong Kong regulators on Monday approved the launch of spot bitcoin and ether exchange-traded funds (ETFs), asset managers said, following U.S. moves this year to bring these products to market. Bitcoin was trading around 3% higher at 7:11 a.m. ET after a rough sell-off over the weekend. Three ETF providers have been approved by Hong Kong’s Securities and Futures […]
Only six altcoins among the top 50 tokens by market cap have managed to outperform Bitcoin so far this year, asBitcoin dominance reached a three-year high over the weekend. The memecoin Dogecoin stands as the best-performing altcoin in the top 50, having posted year-to-date gains of just over 77% — climbing from $0.09 on Jan. […]
On April 13, Iran initiated a drone strike on Israel followed by reports that unmanned aerial vehicles (UAVs) were intercepted by Israeli, U.S., and other Western allied forces. Concurrently, bitcoin and the broader crypto economy experienced a significant downturn, with many analyzing the fundamentals in the context of a potentially intensifying military conflict. Community Reacts […]
Ukraine’s campaign of attacks against Russian oil refineries is demonstrating how relatively cheap drones that utilize artificial intelligence could pose a major threat to global energy markets. Ukraine-launched drones have hit 18 Russian oil refineries this year with a combined capacity of 3.9 million barrels per day, according to report published by JPMorgan earlier this […]
History has good news about the future of the market. As the stock market reaches new heights, it can be an exciting time to invest. However, while many investors are feeling optimistic about the future, others are worried that perhaps the best opportunity to buy has already passed. Buying when stock prices are at their […]
Bitcoin’s next halving event is now just one week or approximately 1,000 blocks away, according to The Block’s Bitcoin Halving Countdown page. The estimated countdown is based on Bitcoin’s average block generation time of 10 minutes, setting a potential date of April 20 at around 9 a.m. UTC (5 a.m. ET), to reach the next halving […]
Bitcoin market cap dominance has hit its highest level in three years as altcoins feel renewed price pressure. Data from Cointelegraph Markets Pro and TradingView shows Bitcoin’s share of the total crypto market cap spiking to 56.3% on April 12. Altcoins see “real damage” in wake of BTC price rout BTC price action suffered into the weekend with a liquidation cascade […]
Bitcoin price plummeted over 8.4% on April 13 after Iran launched an attack on Israel, escalating geopolitical conflicts in the Middle East. The cryptocurrency price dropped from around $67,000 to $61,625, wiping out over $130 million in market capitalization within minutes following the attack. The sell-off is also affecting other cryptocurrencies. At the time of […]
Stocks stumbled on Friday as the kick off to earnings season amplified worries over a protracted battle against inflation. The tech-heavy Nasdaq Composite (^IXIC) slid 1.6%, while the S&P 500 (^GSPC) shed 1.5%. The Dow Jones Industrial Average (^DJI) fell 1.2%, or just under 500 points. Stocks slumped after an underwhelming showing from the banking […]
