During the early days of Bitcoin, there wasn’t much (if any) correlation between the cryptocurrency and stock markets. From 2009 to the late 2011’s, Bitcoin started and achieved parity with the US dol...
Tag: Market
State-Owned Swiss Bank Postfinance to Offer Clients Direct Access to Crypto Market – Featured Bitcoin News
Swiss post office’s banking unit, the state-owned Postfinance, is reportedly preparing to enter the crypto market. “Our clients want direct access to this market through their house bank.” Swiss Post ...
Charts suggest the euro could see a ‘swift rally’ and lift the market with it, says Jim Cramer
CNBC’s Jim Cramer on Wednesday said that the euro could rise in value in the near future, relying on analysis from DeCarley Trading technician Carley Garner. “The charts, as interpreted by...
Art, Blue-chip NFTs Drive Q2 NFT Market Growth
Art Blocks’ Chromie Squiggle is among the top 10 blue-chip collections Gaming NFTs are down more than 59% year to date Consumers are continuing to show interest in NFTs in the face of agitated markets...
Negative CPI Report Causes Bitcoin Market Cap To Lose $15 Billion In 10 Minutes
For the month of June 2022, the US Bureau of Labor Statistics published its Consumer Price Index. The Negative CPI was found to be 9.1%, the largest inflation increase in the US in the previous 40 yea...
Saudi Arabia: bear market doesn’t scare off investors
The crypto-exchange KuCoin has released its “Into The Cryptoverse” report stating that cryptocurrency investors in Saudi Arabia are increasingly adopting self-trading strategies during the bear market...
Crypto Mergers Keep Pace With 2021, Despite Market Downturn
The crypto has lost 70% of its total market capitalization in 2022 with the price of Bitcoin and other large cryptocurrencies crashing by over 40% in the past two months alone. The downside price acti...
Dow Jones Futures: Market Rally Fall With Fed Ready For ‘Everything’ Rate Hike After Hot Inflation
Dow Jones futures fell modestly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally saw more losses, but closed off lows as investors tried to weigh the implications o...
What 100 BPS Fed Rate Hike Could Mean For The Crypto Market?
The U.S. Consumer Price Index (CPI) for June jumped to 9.1%, according to data released by the Bureau of Labor Statistics today, July 13. The rise in CPI started a liquidation chain across the crypto ...
Crypto Market Review, July 13
Arman Shirinyan Unexpectedly high inflation numbers strike again and push cryptocurrency market down, but it is not as bad as some expected Contents Not as bad as expected What’s next? Once agai...
Looking at Copper and Freeport-McMoRan, Everyone Is Ignoring a Huge Issue
Every media outlet has written in recent weeks about the “rapid demand destruction in commodities” but I think they are missing a key conclusion. Let’s dive into the charts and I&...
Here’s why Jim Cramer believes that the market will soon bounce and have a ‘strong rally’ through late August
After the S&P 500 posted its worst first-half performance since 1970, many investors are wondering whether the downtrend would continue for the remainder of the year. But according to CNBC’s Jim C...
If You’re a True Believer in Delta Air Lines, Here’s How to Trade It
On Wednesday morning, Delta Air Lines (DAL) released the firm’s second quarter financial results. The firm posted adjusted EPS of $1.44 (GAAP EPS: $1.15) on operating revenue of $13.8B (adjusted...
Inverse Finance Shows Strength as Bears Dominate Market
Amidst all the recent incidents that have created a negative reputation for the cryptocurrency industry, a major chunk of the top projects have been building their infrastructure steadily over the pas...
QNT Close to 2-Month High Despite Recent Declines, NEAR Moves Toward 1-Year Low – Market Updates Bitcoin News
QNT was trading close to recent highs on Wednesday, as prices were battling through a turbulent session. The token was mainly in the green on hump day, falling by as much 7% on the day. NEAR also decl...
Bitcoin wipes $15 billion from market cap in 10 mins as U.S. inflation data runs hot
On July 12, the price of Bitcoin (BTC) stabilized into a steady holding pattern ahead of the release of U.S. inflation data, which ultimately injected further downwards volatility. Indeed, news that i...
ETH Remains Below $1,100 Despite Prices Rebounding on Wednesday – Market Updates Bitcoin News
Despite prices rallying in today’s session, bitcoin continued to trade below $20,000 on Wednesday following recent declines. Although ETH was also marginally higher, its price was once again trading u...
Mila Kunis-Linked Web3 Studio Toonstar Partners With Hot Topic to Market Entertainment NFTs
Toonstar announced Wednesday it will partner with retail chain Hot Topic, Inc. to provide NFTs and Web3 experiences for its original projects and Hot Topic products, according to a press release. Toon...
Delta Airlines’ earnings season starts amid market volatility and flight cancelations
Travelers are moving ahead with their summer travel plans, though most of the accommodations have hiked up their prices. Average hotel daily rates jumped 17% in June compared to the same period in 201...
Can CRP Price Double in The Bull Market?
With 2022’s crypto bear market, savvy investors can buy high-value crypto assets at a bargain. With all the events that happen around the world, war, and inflation, it’s difficult to anticipate when t...
Crypto start-ups to face ‘cataclysmic’ consequences due to the market crash
Adrien Treccani, the CEO of Switzerland-based cryptocurrency firm Metaco, has stated that the recent correction in digital asset markets will likely wipe out a section of start-ups in the country. Sp...
Purported CPI Rates Drop the Market By 5%, Will Higher Inflation Rates Drag them to the Bottoms?
The inflation rates are about to be announced in a short while from now and the crypto markets are responding extremely negative. It’s been a couple of months that the markets are dropping heavily as ...
EY’s Paul Brody lays out bullish signals for crypto despite market carnage
Considering that significant value has been lost in the cryptocurrency market over the course of the past few months, with over a trillion in fact being wiped out, onlookers are searching for a cataly...
Bitcoin Dropped to 9-Day Lows, ApeCoin Spikes 6% (Market Watch)
After breaking below $20,000 yesterday, bitcoin kept nosediving and dipped to a 9-day low of just over $19,000. The altcoins seem quite stagnant on a daily scale, with ApeCoin being among the few exce...
Most Important Data for Cryptocurrency Market Releases in Few Hours: Details
U.S. June CPI data will be released today, and the entire financial industry will finally find out how financial regulators are going to act on the upcoming key rate meeting. If inflation data brings ...
What’s Happening With the Mt Gox Coins? Could Hit the Market Soon
The crypto winter might get worse as the latest news of Mt. Gox surfaced ahead of the forthcoming Fed meeting. On July 6, attorney Nobuaki Kobayashi, who was appointed trustee in the reorganization of...
Both Buy in on Bitcoin Despite Bear Market
Shrimps purchasing Bitcoin over the past month have broken records for purchases of BTC. In total, more than 200,000 BTC were bought by these two groups of holders. The investment strategies going on ...
Do This Instead During Market Volatility
SmartAsset: You Can’t Time the Market. Here’s What to Do During Market Volatility Instead The war in Ukraine, ongoing Covid concerns, market volatility and the threat of a recession are en...
Blockchain Gaming Stands Firm As Crypto Market Staggers
Investments in blockchain initiatives have been patchy, but GameFi is one industry that is sustaining development despite the market’s decline. The blockchain gaming industry has quietly weathered the...
Blockchain-based games see an uptick in users despite bear market conditions
Bear markets are always tough, but one of the positives is they clear the clutter and this allows legitimate projects to stand out. While most investors are focused on the latest centralized finance ...