The dominoes are continuing to fall in the crypto sector. Bitcoin has lost around 10% of its value since yesterday. Bank woes The crypto market is carrying on with its sell off as vitally important ba...
Tag: Headwinds
Crypto buyers flee the market as headwinds intensify, global market cap falls below $1T
Ad According to CryptoSlate data, the total crypto market cap fell below $1 trillion, marking a three-week low. Similarly, market leader Bitcoin lost $22,000 as bears took control. Recent days have se...
Bloomberg Analyst on Bitcoin: ‘Headwinds Remain Strong’
McGlone puts a damper on the Bitcoin bull market party. Bloomberg Senior Macro Strategist Mike McGlone has asserted that Bitcoin remains in a downward trajectory. The analyst tweeted this view yesterd...
Dollar Rises, Stocks Face Headwinds From Fed Rates: Markets Wrap
(Bloomberg) — The dollar rose in early trading on Monday, adding to a third week of gains as hawkish comments by Federal Reserve officials and geopolitical tensions bolstered the appeal of the g...
Nigeria naira (USD/NGN) collapses amid multiple headwinds
The Nigerian naira collapse is still underway amid an ongoing scarcity, fuel shortage, and worries of next week’s general election. The USD/NGN exchange rate was trading at a record high of 460 on Fri...
Rally Shuts Down NFT Sidechain, Citing ‘Macro Headwinds’
The Rally social platform has shut down its Ethereum NFT sidechain. The team cited the tough market conditions as the reason for the decision. The Rally platform is drawing flak for its decision to te...
Scottish Mortgage Trust share price headwinds put recovery at risk
Scottish Mortgage (LON: SMT) share price has done modestly well in 2023 as technology stocks rebound. After falling to a multi-year low of 691p in December, the stock rebounded by 13.50% to reach to a...
Big Oil Faces Headwinds After Record $199 Billion Profit Haul
(Bloomberg) — Exxon Mobil Corp., Chevron Corp., Shell Plc, TotalEnergies SE and BP Plc reaped almost $200 billion collectively last year but fears of an economic slowdown, plunging natural gas p...
Abandoned at the altar, Tullow Oil faces headwinds
Tullow Oil (LON: TLW) share price has underperformed the broader market a few months after it was abandoned at the altar by Capricorn. The stock was trading at 37.6p on Thursday, about 41% from its hi...
Despite market headwinds, bitcoin mining is booming
Join Our Telegram channel to stay up to date on breaking news coverage According to the most recent data, mining bitcoin has never been more difficult. After registering a remarkable spike of over 10%...
Bitcoin Mining Is Booming Despite Market Headwinds
Bitcoin mining has never been harder, according to the latest data. The network’s mining difficulty hit a new all-time high of 37.59 trillion hashes after posting a rare increase of over 10% on Januar...
JPMorgan, Wells Fargo, Bank of America and Citi beat earnings expectations, but worries about headwinds remain
JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. managed to beat Wall Street’s reduced expectations for their fourth-quarter profits as higher interest rates b...
Taiwan Semiconductor’s December Revenue Slumps Sequentially As China’s COVID Chaos & Macro Headwinds Weigh
Taiwan Semiconductor Manufacturing Company Ltd’s (NYSE: TSM) December revenue of NT$192.56 billion declined 13.5% month-over-month. The revenue grew by 23.9% Y/Y. Revenue for January through Dec...
Ocado share price is soaring but major headwinds remain
Ocado (LON: OCDO) share price had a strong start of the year even as concerns about e-commerce stocks rise. The shares have risen by more than 16% in 2023, making it the top-performing stock in the FT...
Analysts Remain Bullish On Oil Prices Despite Looming Headwinds
BEIJING, CHINA – DECEMBER 09: Medical workers wear PPE as they arrive with a patient on a stretcher … [+] at a fever clinic on December 9, 2022 in Beijing, China. In a major shift in the c...
Bitcoin Whales Double Down On Gigantic BTC Buys Despite Macro Headwinds ⋆ ZyCrypto
Advertisement     Bitcoin, the largest cryptocurrency by market value, plunged further Friday as hawkish comments by Fed’s Chair Jeremy Powell on Wednesday continued t...
Phillip Newman foresees considerable headwinds for silver prices in 2023
Earlier this month, the Washington D.C.-based Silver Institute published a study which found that physical demand for silver is expected to rise by 16% during 2022, creating one of the largest deficit...
Stock market could see ‘fireworks’ through the end of the year as headwinds have ‘flipped,’ Fundstrat’s Tom Lee says
Several headwinds that pummeled the stock market in 2022 have turned into tailwinds, setting the stage for a rally in U.S. equities heading into year-end, according to Tom Lee, head of research at Fun...
Tesla Stock On Track For Its Worst Year Ever As Elon Musk’s EV Giant Faces 4 Big Headwinds
Tesla (TSLA) has been a monster stock over much of its history, especially from its stratospheric run from mid-2019 to late 2021. But in 2022, Tesla stock has been a big loser, on track to plunge 52% ...
Economic Headwinds Weigh On Fortune Of Tianqi Lithium Founder
This story appears in the November 2022 issue of Forbes Asia. Subscribe to Forbes Asia Jiang Weiping VCG/GettyImages This story is part of Forbes’ coverage of China’s Richest 2022. See the full list h...
Goldman Cuts S&P 500 Earnings Estimate, Citing Margin Headwinds
(Bloomberg) — Goldman Sachs Group Inc. lowered earnings estimates for the S&P 500 Index for each year till 2024, saying margins contraction in the third-quarter signals more pain ahead. Most...
Coinbase Cuts Q3 Losses in Half, Sees Crypto Headwinds Continuing Into 2023
For 2022, Coinbase said it remains “cautiously optimistic” that it will operate within the $500 million adjusted EBITDA loss guardrail that it previously shared, based on the assumption th...
Bitcoin Price Analysis: 20805 Headwinds
BTC/USD Gives Back Recent Gains: Sally Ho’s Technical Analysis – 4 November 2022 Bitcoin (BTC/USD) gave back some recent gains early in the Asian session as the pair drifted lower and closer to the p...
Digital Asset fundamentals remains strong despite headwinds : Fidelity Digital Asset report
Reports state that one of the biggest jump was noticed by U.S high-net worth investor’s future intentions The study conclude that despite headwinds digital assets fundamental had remained strong...
Amazon Says Profits Could Disappear And Apple Facing ‘Significant’ Headwinds In Q4
Key Takeaways Amazon grew revenue 15% in Q3, but predicts its profits could be zero in Q4. Apple is also expecting a drop in revenue in Q4, with major impacts being felt from the continued strength of...
Ford Earnings On Deck After GM Affirms Outlook Despite ‘Headwinds’
Ford (F) is on deck to report late Wednesday after previously warning on the third quarter. Ford earnings also arrive after General Motors (GM) merely maintained full-year profit guidance on Tuesday f...
Dow Jones Rises Ahead Of Microsoft Earnings; Tesla Rises After ‘Unexpected Headwinds’ Warning
The Dow Jones Industrial Average reversed higher Tuesday, as blue chips 3M and Coca-Cola reported their quarterly earnings results. Next up, Microsoft earnings are due out after the close. X Stock Mar...
Bitcoin weathers macro headwinds as Dow Jones sinks
Since mid-September, Bitcoin has been “crabbing,” or moving sideways, between $18,100 and $20,500. The noticeably flat price action has given rise to remarks such as BTC is dead and forex trading is t...
Bitcoin and gold face headwinds amid strengthening dollar
Bitcoin decoupled with the stock market and saw its correlation with gold rise to a level not seen since last year. Bitcoin (BTC) and gold are no longer investors’ primary choices as inflation hedges ...
Bitcoin Miner Marathon Digital Downgraded at BTIG on Headwinds From Compute North’s Bankruptcy
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