Financial News
- Vladimir Zernov
Meanwhile, WTI oil managed to get above the $83 level.
- Hassan Maishera
The United States SEC has finally approved a cryptocurrency exchange-traded fund, but it is not the Bitcoin ETF the crypto community has been clamoring for.
- Bob Mason
Following a mixed week for the majors, a Bitcoin move back through to $62,500 levels would signal a bullish start to the week for the crypto majors.
- Bob Mason
Early this morning, economic data from China that includes 3rd quarter GDP figures will be the key stats of the day. Economic data from the U.S will also draw interest later, however.
- Olumide Adesina
Stocks in publicly traded cryptocurrency companies are often considered indirect investments in bitcoin since their values are often affected by the volatile cryptocurrency market
- Bob Mason
Following a bearish day for Bitcoin and the broader market on Saturday, a Bitcoin return to $62,000 levels would be needed to support a bullish day ahead for the majors.
- Bob Mason
It’s a busy week ahead for the markets. Economic data, monetary policy, and corporate earnings will be in focus through the week.
- Bob Mason
Mortgage rates returned to 3%, with inflation and market sentiment towards monetary policy pushing rates higher in the week.
- Bob Mason
It was a bullish day for Bitcoin and the broader market on Friday, with Bitcoin futures news delivering support. A Bitcoin move through to $64,000 would signal a breakout.
- Bob Mason
It was a bullish week for the European majors, with corporate earnings the focal point amidst some weak stats from the Eurozone…
- Bob Mason
It was a busy week on the economic data front. While the stats were skewed to the negative, optimism pushed aside inflation woes to drive demand for riskier assets.
- Reuters
NEW YORK (Reuters) – Stocks surged globally on Friday in their best day in five months as strong U.S. corporate earnings reports fueled optimism about the economy, though three-year-high oil prices kept inflation risks alive and lifted government bond yields.
- Hassan Maishera
The shares of Virgin Galactic are down by more than 15% today after the company said it would not schedule any spaceflight until the second half of 2022.
- Hassan Maishera
The US SEC is reportedly set to approve a Bitcoin futures ETF in the coming hours or days as the deadline approaches, with the news sending Bitcoin to the $60k level for the first time since April.
- Bob Mason
After a mixed day for Bitcoin and the broader market, a Bitcoin break through to $58,500 levels would be needed to support the broader market.
- Bob Mason
It’s a relatively busy day on the economic calendar, with stats from the Eurozone and Canada in focus. U.S retail sales and consumer sentiment will be key, however.
- Hassan Maishera
Tech giant Microsoft has announced that it would shut down its LinkedIn website in China amidst strong internet censorship by the Chinese government in recent months.
- Hassan Maishera
Russia’s President Vladimir Putin says he recognizes cryptocurrencies as means of payment but thinks it is too early for Bitcoin to replace the US Dollar in the global market.
- Tanvir Zafar
The DeFi space has garnered a lot of attention in the last few months. It has emerged as an alternative to real-world banking, at least for some of the services offered by legacy finance institutions.
- Reuters
SINGAPORE (Reuters) – World stock markets rose and longer-dated bonds rallied on Thursday as investors reckoned rising inflation would bring forward rate hikes around the world.
