As 2024 draws to a close, investors can look back on a strong performance for U.S. stocks and look to 2025 with excitement. Of course, amid that positivity lies doubt. Concentration risk in U.S. stocks, specifically in areas like tech, looms over potential further positivity. At the same time, valuations remain particularly elevated. Those factors […]
The cryptocurrency market has had an extraordinary year, and market participants are optimistic about the prospects for 2025 as a new administration takes over in Washington D.C., though plenty of uncertainty remains. Bitcoin (BTCUSD) rallied early in the year amid explosive demand from newly launched spot bitcoin exchange-traded funds (ETFs). Soon after, a bitcoin halving, which […]
Sunday has been a rollercoaster for bitcoin prices, with the top crypto asset dipping to a low of $92,941 per coin. The whole crypto market took a hit, dropping by 1.61%, while BTC itself lost 1.42% in the last 24 hours. Cryptoquant Data Shows Bitcoin’s Sell-Side Liquidity Plunged to 6.6 Months Bitcoin hit a low of […]
The market is entering the final two trading days of 2024, and stocks are set to post another strong year of gains. The Nasdaq Composite (^IXIC) once again led the charge in 2024, rising more than 30% thus far while the S&P 500 (^GSPC) has risen over 25%. The Dow Jones Industrial Average (^DJI) is […]
The S&P 500 (^GSPC -1.11%) has enjoyed a nice run since Donald Trump won the presidential race on Nov. 5, 2024. Although the widely followed index pulled back after the Federal Reserve hinted fewer rate cuts might be on the way than expected, it’s now rebounding and is only around 1% below the record high. How long will the […]
The US Dollar (USD) is trading a touch softer this Friday, with the DXY index unable to hold position above 108.00, as markets remain cautious and trading desks are short-staffed due to the Christmas holiday. The Dollar failed to react to more action in Asian markets, with data signaling further contraction in Japan’s Industrial Production […]
The S&P 500 (^GSPC -1.11%), widely viewed as a barometer for the entire U.S. stock market, has advanced 26% year to date. That puts the index on pace to return more than 20% for the second consecutive year, something it last did during the dot-com bubble in 1997 and 1998. Factors contributing to that upside […]
CryptoQuant CEO and founder Ki Young Ju said that President-elect Donald Trump’s Bitcoin BTC$95,065 policies likely depend on the perceived strength of the United States economy and the US dollar by the global investment community. Ju argued that store-of-value assets like Gold and BTC surge in price when investors perceive threats to US economic hegemony. However, investors […]
Now that Bitcoin (BTC 0.72%) has broken through the $100,000 price level, it’s understandable why many investors are wondering just how much higher the world’s most popular cryptocurrency can go. Bitcoin is now up about 115% for the year and about 500% during the past two years. During the past decade, Bitcoin is up a mind-boggling 28,500%. At some point, the […]
Asia-Pacific markets started the holiday-shortened Christmas week on a positive note, with investors awaiting the official announcement related to the merger of Japanese automakers Honda and Nissan. The companies, which aim to reach a “final agreement” in June 2025, are considering setting up a new holding company by summer of 2026 with a Honda executive […]
Crude oil prices ticked slightly higher today after the U.S. Energy Information Administration reported a large draw in crude oil inventories for the week to December 20. The change compares with a modest inventory dip of 900,000 barrels for the previous week and a draw of 3.2 million barrels as estimated by the American Petroleum […]
According to David Lawant of FalconX, Bitcoin is on track to experience the largest options expiry to date. As noted by the anayst, there is a whopping $15 billion of option interest on the line. This sum represents 43% of the total current option interest. This expiry would also be three times larger than the […]
