El Corte Inglés, the world’s third-largest department store and Spain’s largest, is the latest well-known shop to enter the crypto market. According to the Spanish publication El Confidencial (link i...
Tag: Market
Housing Market Faces a World of Pain
Several ominous signs face the housing market. First, the average 30-year fixed-rate mortgage soared to a three-year high of 4.67% in the week ended March 31, according to housing agency Freddie Mac. ...
U.S. Fee Hikes on Vacation-Home Loans to Boost Long-Quiet Private MBS Market
(Bloomberg) — Fannie Mae and Freddie Mac are making it more expensive for lenders to offer mortgages on vacation homes, a move that could give additional life to a risky corner of the bond marke...
Solana Jumps XRP in Market Cap and Leads in Weekly Gains: Details
Tomiwabold Olajide Solana is also outperforming the top 10 major cryptocurrencies in weekly gains According to CoinMarketCap data, Solana presently ranks sixth in terms of market capitalization, surpa...
Long-term unemployment tumbles in March as job market stays hot
A job seeker receives information from a recruiter during a job fair in Miami on Dec. 16, 2021. Eva Marie Uzcategui/Bloomberg via Getty Images The ranks of the long-term unemployed fell again in March...
BTC Falls to 5-Day Low, as Nonfarm Payrolls Are Marginally Lower – Market Updates Bitcoin News
Bitcoin fell to its lowest level this week, following Friday’s nonfarm payrolls report, which came in marginally below expectations. 431,000 jobs were added to the U.S. economy versus forecasts for an...
Bitcoin Price Dipped to $44K as Total Crypto Market Sheds $100 Billion (Market Watch)
The past 24 hours brought a correction onto the cryptocurrency markets, which saw around $100 billion wiped off the total capitalization. This was a direct result of Bitcoin’s price crashing towards $...
Bitcoin and Crypto Market Tank 5% As EU Passes Rules Banning Private Crypto Transactions
After a strong start to the week, Bitcoin and the broader cryptocurrency market are once again facing bearish pressure. The broader cryptocurrency market has corrected 5% losing more than $100 billion...
High Demand, Low Supply, High Prices Make It A Bull Market For Car Dealerships
A Chevrolet dealership in Colorado Photo: Chevrolet Car dealerships are buying each other up at a record pace. That’s a sure sign, dealers are confident in the long-term health of the auto retail indu...
AMD Turns Lower on Fundamental Downgrade: Key Price Levels to Watch
Advanced Micro Devices (AMD) was downgraded by a sell-side firm Thursday and the stock is trading lower on the day. In our last review of AMD back on Jan. 4 we were bullish and wrote that “Trade...
South Korea’s Crypto Market Gears up to Legitimacy, With Banks Eyeing a Share of the Cake
With the incoming South Korean President, Yoon Suk-yeol, pledging the easing of crypto regulations, the market is on a solid path to being significantly legitimized, according to local media outlet Th...
Two Top Commodity Picks for the Rest of 2022
Commodities outperformed phenomenally over the past six months. Now, the outlook is a bit uncertain. Here, we will examine two top commodity stock picks — one in metal mining and the other in en...
Beleaguered Boeing Is My Best Bet for the Rest of 2022
Few companies have faced greater challenges in recent years than Boeing (BA) has faced. The aerospace giant can’t seem to right the ship amid problems of its own making — flaws in the 737 ...
Short sellers are increasing their bets on a stock market crash
Will there be a stock market crash in 2022? Most of Wall Street doesn’t think so, but short sellers are certainly betting on it. Short interest in the S&P 500 grew by 11 basis points from 2....
Occidental Petroleum’s Best Quarter Ever Blows Away Stock Market
(Bloomberg) — Fueled by its leverage to rising oil prices and a big boost from the world’s top investor, Occidental Petroleum Corp. doubled this quarter and is the best performer in the S&P ...
Market will find a bottom soon and is poised for a rally
CNBC’s Jim Cramer on Thursday predicted that Wall Street will price in a bottom soon and the market will be set for a “tremendous rally.” “Suddenly, the conventional wisdom say...
Stock futures bounce as investors assess start of new quarter, bond market recession indicator
U.S. President Joe Biden announces the release of 1 million barrels of oil per day for the next six months from the U.S. Strategic Petroleum Reserve, as part of administration efforts to lower gasolin...
DeFi sector TVL rises as investors return to a bullish crypto market
Decentralized finance token prices trending higher, the rise in the total value locked across protocols and increasing DApp revenue hint at a potential DeFi revival. The month of March has been a tale...
With Investors Return To A Bullish Crypto Market, DeFi TVL Rises
The downtrend experienced by the crypto market is starting to fade away. The flagship currency, Bitcoin(BTC), is moving above the $40,000 mark; meanwhile, the decentralized finance (DeFi) tokens are a...
Stocks Just Posted Worst Quarter Since Covid Market Crash—But Buffett’s New Favorite Sector Logged ‘Meteoric Ascent’
Topline The stock market closed out its worst quarter since the pandemic-induced market crash in early 2020 on Thursday, but a resurgent energy sector fueled by spiking oil prices has posted a stunnin...
ZIL Rallies to 11-Month High, as SOL and WAVES Extend Recent Gains – Market Updates Bitcoin News
Solana extended recent gains, as it continued to cement its place as the world’s sixth-largest cryptocurrency. ZIL also rose on Thursday, following yesterday’s 50% increase in its value. All of this c...
‘Market Is Not Quite Ready’—Bitcoin Billionaire Issues A Serious Crypto Warning As The Price Of Ethereum, BNB, Solana, Cardano, XRP And Luna Suddenly Crash
Bitcoin and cryptocurrency prices have bounced back this week, riding a wave of positive news even as researchers warn of crypto thefts. Subscribe now to Forbes’ CryptoAsset & Blockchain Adv...
Ethereum Holders are stocking up their bags as market dips –
ETH Price at the time of writing – $3,400.91 It’s Market Cap fell by 1.5% in the last 24 hours Experts predict that investors are more likely to add coins to their holdings Ethereum holders have been ...
US Stock Market Tumbles as Investors Weigh In on Bond Market
The US stock market also tumbled and backpedaled on its winning streak on account of the inversion of the 5-year and 30-year Treasury yields earlier this week for the first time in about 6 years. In a...
Bitcoin Will Continue To Outperform Stock Market, Says Bloomberg Intelligence Analyst Mike McGlone – Here’s Why
Bloomberg Intelligence analyst Mike McGlone says that Bitcoin (BTC) will continue to see more gains than the stock market as the benchmark crypto asset catapults to a 2022 record high. In a new interv...