Bitcoin’s (BTC) price continues to coil in post-halving trading as the past 24 hours have seen the top crypto trade in a narrowing range between $63,520 and $65,285 while traders await the next market-moving catalyst. BTC/USD Chart by TradingView The sideways price action comes as the U.S.-listed spot Bitcoin ETFs continue to record outflows. Fidelity’s […]
Alphabet shares shot up 10% on Friday after the company posted better-than-expected first-quarter results and greenlit its first-ever dividend and a $70 billion buyback. It’s the sharpest rally for the stock since a 16% jump in July 2015. The shares closed the day at $171.95, valuing Alphabet at over $2.1 trillion. The company on Thursday reported revenue of $80.54 billion, […]
The market rally is at its most fragile point in months. The S&P 500 (^GSPC) ended Friday below 5,000, its first close below that mark since late February. Meanwhile, the Nasdaq Composite (^IXIC) dropped more than 5% on the week, while the Dow held flat. This week, critical readings on economic growth and inflation, as […]
The yen’s volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle Acheson said in an interview. Cryptocurrencies, widely known for their often volatile nature, were a sea of calm Friday as the Japanese yen’s tumble to a fresh […]
Oil prices rose on Friday, on track to end higher this week after two straight weeks of losses, after a top U.S. official expressed optimism over economic growth and as supply concerns lingered due to conflicts in the Middle East. Brent crude futures gained 47 cents, or 0.5%, to $89.48 a barrel at 0640 GMT, […]
Apple lost its crown as China’s biggest smartphone seller in the first quarter of 2024 as its smartphone shipments fell 6.6% from a year ago amid intense competition, preliminary data from research firm IDC showed on Thursday. Honor and Huawei were tied for the top spot, with Honor’s market share rising to 17.1% and Huawei’s […]
Bitcoin traded lower on April 25 after a fresh knee-jerk reaction to geopolitical news cost bulls up to 5%. BTC/USD 1-hour chart. Source: TradingView BTC price stays sensitive to Middle East Data from Cointelegraph Markets Pro and TradingView showed BTC price action attempting to form support at $64,000 prior to the Wall Street open. This followed a dip to […]
An “epic sat” — an exceptionally rare satoshi mined from the fourth Bitcoin halving block — has sold for 33.3 Bitcoin (BTC), worth about $2.13 million. The sale of the satoshi — the smallest unit of Bitcoin — took place on cryptocurrency exchange CoinEx Global on April 25 — roughly five days after one of its partners, […]
The major stock indexes were little changed Wednesday as Tesla (TSLA) surged in the aftermath of its earnings report and investors awaited more quarterly updates. The Nasdaq Composite (^IXIC) finished positive, adding about 0.1%. The S&P 500 (^GSPC) finished narrowly above the flatline while the Dow Jones Industrial Average (^DJI) closed down about 0.1%. Bond […]
In the fast-paced world of cryptocurrency, three coins demonstrate distinct market behaviors with significant implications for investors and market watchers alike. Bitcoin (BTC) shows resilience and bullish trends after its fourth halving, as detailed in a recent Bitfinex report. Ethereum (ETH), however, faces uncertainties despite crossing significant price thresholds due to a concerning decline in […]
The CEO of blockchain startup Ripple sees the combined market capitalization of the cryptocurrency market topping $5 trillion this year. Ripple’s Brad Garlinghouse told CNBC he expects the entire value of the crypto market to double, citing macro factors including the arrival of the first U.S. spot bitcoin exchange-traded funds, as well as the upcoming […]
The first wave of spot Bitcoin and Ether exchange-traded funds (ETFs) have been officially approved to start trading in Hong Kong on April 30. Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), announced the official approval of the first batch of spot Bitcoin and Ether ETFs on April 24, according to a press […]
