When the crypto market was generally sluggish over the first quarter, some investors turned to nonfungible tokens, or NFTs, which outperformed most other digital assets at the time, in search of a hav...
Tag: Cryptocurrency Markets
Ethereum could ‘take over everything’, and there won’t be a multi-chain future, says EY’s blockchain leader
Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest an...
Will the stock market drop 20% or 48% from the peak? Here’s the key factor, says this strategist.
“Is the economy under control or is it spiraling out of control? That’s the million-dollar question traders continue arguing over,” sums up CrackedMarket blogger Jani Ziedins. Clearly, the latter argu...
Bitcoin ‘not going to take over as an alternative form of money’: Ben Bernanke
Ben Bernanke, former chairman of the Federal Reserve, said that he doesn’t think bitcoin would take over “as an alternative form of money.” Bitcoin BTCUSD, +0.50% and other cryptocurrencies have bee...
Gloomy Goldman offers 20 ‘safety’ stocks with valuations below the previous 2 bear markets
It’s tight quarters in Wall Street’s bear sleuth these days. Goldman Sachs just downgraded their 2022 U.S. growth forecast (to 2.4% from 2.6%) and 2023 (to 1.6% from 2.2%), as senior chairman Lloyd Bl...
Crypto Prices Move in Tandem With Traditional Markets, Punishing Investors
Cryptocurrency prices are moving in lockstep with stocks and bonds like never before, punishing those who bought bitcoin and other digital assets in part to diversify their investment holdings. The th...
Tax investigators identify potential $1 billion crypto Ponzi scheme, reports say
International tax officials have identified more than 50 leads to potential crypto tax crimes that may lead to official investigations in the coming weeks, including one case that could be a $1 billio...
Bitcoin and Ether Prices Drop in Weekend Slump
Text size Bitcoin has lost 58% since its November 2021 peak near $69,000. Dreamstime Cryptocurrency investors are getting no rest on Saturday, as digital assets resumed their decline after a midweek r...
This portfolio manager’s strategy uses just one ETF and his own ‘crash indicator’ to beat the market by 530%
Markets are off to a stronger start on Friday, but it’s been a rough few days, with the S&P 500 facing a six-week losing streak, its longest in a decade. With a war raging in Europe, surging price...
Bitcoin Is Finally Breaking. Why That’s Good News for the Stock Market.
Text size Bitcoin, Ether, and other cryptos have plunged in the past week. Stocks have suffered, too. Dreamstime A cryptocurrency crash has already wiped out $600 billion in digital asset market value...
Mark Cuban: ‘Crypto is going through the lull that the internet went through’
Billionaire entrepreneur Mark Cuban thinks that cryptocurrency is on the same downswing that tech and internet companies hit in the early 2000s. Bitcoin hit a 10-month low as U,S. stocks continued to ...
Bitcoin Keeps Plunging With No Sign of Stopping. Where the Bottom May Be.
Cryptocurrency prices tumbled over the weekend and into Monday, with Bitcoin nearing a yearly low as investors continued to dump risky assets amid a tough stock market and challenging macroeconomic ba...
After a wild week on Wall Street, stock futures slump Sunday
After a volatile week, Wall Street is bracing for more losses as U.S. stock-index futures fell sharply late Sunday. Dow Jones Industrial Average futures YM00, -1.08% were last down more than 300 point...
Bitcoin Falls to Half Its Peak as Investors Shun Risk
The cryptocurrency’s market tumble over the weekend echoed the broader stock market’s decline last week as investors moved away from riskier assets. Dreamstime Text size The price of Bitcoin fell 5.3%...
Crypto Prices Slump Over the Weekend
The decline of bitcoin, the world’s largest cryptocurrency, mirrored the slide of the overall stock market. Photo: Kin Cheung/Associated Press The cryptocurrency market fell over the weekend, mirrorin...
‘So bad, it’s good.’ This beleaguered stock market has one big asset on its side, say strategists.
A rough month for stocks is drawing to a close, and many investors likely won’t be sad to see the back of it. And the last day of April trade is looking weak as Apple and Amazon failed to raise the ba...
Opinion: Why I don’t want bitcoin in my 401(k)
Hooray! At long last, the company managing my 401(k) plan will allow me to bet up to 20% of my retirement funds on a digital Ponzi scheme that generates no income and has no practical use. Fidelity In...
Bitcoin Prices Fall as Crypto Market Slammed by Hawkish Fed Expectations
Bitcoin and other cryptocurrencies dropped Monday as expectations that the Federal Reserve will move aggressively to tighten monetary policy continued to rock the digital asset space. Bitcoin fell mor...
Why did the stock market fall? Dow finishes nearly 1,000 points lower in worst day since October 2020
U.S. stocks fell sharply on Friday to suffer their biggest one-day drop since 2020, as investors continued to weigh hawkish comments on interest rates a day earlier by Federal Reserve Chairman Jerome ...
Bitcoin Prices, Other Cryptos Fall—and Why One Trader Sees a Tumble to $30,000
Text size Bitcoin and the rest of the crypto space has come under pressure amid a shift in Fed policy. Rutmer Visser/Dreamstime Bitcoin and other cryptocurrencies slipped lower on Monday, continuing t...
Millennials have solved the retirement crisis
Wow. It looks like millennials have totally solved the retirement crisis. And it turns out it was a lot easier than anyone realized. The solution? Cryptocurrencies, of course. A new survey of 4,000 pe...
Cardano leads rises as largest cryptocurrencies start mixed
The largest cryptocurrencies were mixed during morning trading on Monday, with Cardano ADAUSD seeing the biggest move, rising 2.96% to $1.21. Polkadot DOTUSD led the decreases with a 2.79% drop to $22...
Want to Add Crypto to Your Retirement Portfolio? Here’s How, and What to Consider.
With many cryptocurrencies surging last year as the overall market surpassed $3 trillion in value, a growing number of retirement savers are looking for ways to tap into the potential. Before joining ...
Bitcoin and Ether Prices See Worst Day in Weeks. Dogecoin and Shiba Inu Tumble.
Text size Bitcoin falls but holds above the key technical level of $45,000. Dreamstime Bitcoin and other cryptocurrencies fell Friday, with some of the largest digital assets recording their worst per...
Financial Face-Off: Should you use your tax refund to buy I bonds or crypto? One of these options could get a 9.6% return. Let us explain.
Hello and welcome to Financial Face-off, a MarketWatch column where we help you weigh financial decisions. Our columnist will give her verdict. Tell us whether you think she’s right in the comments. A...