US stocks rose on Wednesday, as techs helped set the stage for fresh record highs and investors waited to hear from Federal Reserve Chair Jerome Powell for clues to what’s next for interest rates. The Dow Jones Industrial Average (^DJI) climbed 0.6%, or over 200 points, while the S&P 500 (^GSPC) added 0.3% on the […]
After Donald Trump secured a second term in the White House last month—with the promise of friendlier crypto regulation—the floodgates have reopened, and crypto prices are booming. Bitcoin (BTC) led the charge, with the top crypto pushing to new highs last month. Since hitting a wall just below $100,000, it’s a rotating selection of altcoins […]
After Donald Trump secured a second term in the White House last month—with the promise of friendlier crypto regulation—the floodgates have reopened, and crypto prices are booming. Bitcoin (BTC) led the charge, with the top crypto pushing to new highs last month. Since hitting a wall just below $100,000, it’s a rotating selection of altcoins […]
Bitcoin reserves on centralized crypto exchanges like Binance and Coinbase have dropped to their lowest levels in years, reinforcing bullish crypto sentiment. CryptoQuant data confirmed that investors have withdrawn over 171,000 Bitcoin btc-0.22%Bitcoin from leading crypto exchanges since Donald Trump’s victory in the U.S. presidential election. Mass withdrawals shorten the supply available for sell-offs, often signaling a long-term investment […]
US stocks closed mixed on Tuesday as investors digested fresh jobs data and new Fedspeak regarding the path forward for interest rates. The S&P 500 (^GSPC) and tech-heavy Nasdaq Composite (^IXIC) each claimed new records after finishing the session up about 0.1% and 0.4%, respectively. The Dow Jones Industrial Average (^DJI) recovered from session lows […]
Asia-Pacific markets rose Tuesday, tracking gains on Wall Street after the S&P 500 and the Nasdaq Composite rose to new records overnight. Japan’s Nikkei 225 traded 2.22% higher, and the Topix added 1.71%. South Korea’s Kospi was up 1.71% while the Kosdaq advanced 2.03%. South Korea’s inflation rate climbed in November to 1.5% year on year, higher than October’s […]
Stocks will enter the final month of 2024 near record highs as investors look to cap off what’s been another stellar year for US stocks. During last week’s holiday-shortened trading, the Dow Jones Industrial Average (^DJI) rose more than 2%. Meanwhile, the Nasdaq Composite (^IXIC) and the S&P 500 (^GSPC) rose more than 1%. Both […]
The Nasdaq and S&P 500 closed on Monday at record levels of 19,403 and 6,047, respectively. On average, they increased nearly 1%. Technology, communication services, and consumer discretionary stocks lead the market overall. On the other hand, the Dow Jones Industrial decreased slightly by 0.29%, while the NASDAQ also recorded mixed feelings because of the […]
Bitcoin BTC$95,280 has struggled to rally above $98,000 from Nov. 25 to Dec. 2, frustrating investors despite achieving a 38% monthly gain. Market participants worry that prolonged consolidation below the $100,000 psychological barrier could embolden bearish strategies to suppress BTC’s price. Bitcoin 2-month futures annualized premium. Source: Laevitas.ch Derivatives markets suggest resilience, with traders paying a 17% […]
EverValue introduces Bitcoin backing in DeFi with EVA to create new standards of valuation and establish predictable growth in an unpredictable space. Decentralized finance (DeFi) cracks the door open for opportunities otherwise inaccessible in traditional finance (TradFi). However, for investors looking to put their Bitcoin into use, DeFi landscape presents challenges. Most DeFi projects require […]
Asia-Pacific markets traded slightly higher on Monday as the region kick-started a data-heavy week, with investors focused on economic readings from several countries, including Japan, South Korea and China. Over the weekend, China released its official purchasing managers’ index reading for November. Manufacturing PMI came in at 50.3 — its highest level since April — beating the […]
The benchmark index hasn’t had a winning streak like this since 1998. The S&P 500 (^GSPC 0.56%) is the most universally recognized benchmark of stock market activity in the U.S., made up of the 500 largest companies in the country. Because of its broad base of constituent businesses, it is considered by most investors to be the most reliable gauge of […]
