Let’s get ready to rumble. The Federal Reserve and investors appear to be locked in what one veteran market watcher has described as an epic game of “chicken.” What Fed Chair Jerome Powell says Wednes...
Tag: Markets
Breaking Down 5 NFT Collections by Sales Volume – Markets and Prices Bitcoin News
Non-fungible token (NFT) assets have existed since at least 2014, but interest in them began to rise in January 2021, according to Google Trends data. Approximately one year later, the search term “NF...
The Fed’s Interest-Rate Hikes Seem to Be Working. Here’s How You Can Tell.
The Federal Reserve faces another big decision this coming week. Markets expect it to hike rates by a quarter of a percentage point, a marked slowdown as inflation cools. But another metric also sugge...
Mango Markets Sues Hacker And More
With the Shanghai upgrade inching closer, experts are expecting a new era of ETH staking. On the other hand, Mango Markets has joined in the series of lawsuits against its exploiter Avraham Eisenberg....
US Markets Wrap Up Strong Week With Gains
Key Takeaways U.S. equities posted another day of gains with all three major indexes rising, capping off a winning week for the stock market. Markets were buoyed by encouraging macroeconomic data that...
Gas Prices Are Rising. Refiner Stocks Are Riding the Wave—for Now.
Gasoline prices have risen 41 cents a gallon in the past month to an average national price of $3.51. Summer driving could be pricier than many expect, though it’s unlikely to be as bad as last year, ...
Institutional Investors Forecast ‘Strong Year’ for Bitcoin — 65% Expect BTC to Hit $100K, Survey Shows – Markets and Prices Bitcoin News
A new survey shows that institutional investors expect “a strong year ahead for bitcoin” and are confident about the cryptocurrency’s long-term valuation. In addition, 65% of institutional investors s...
Crypto Markets Shrug Off Latest US Productivity, Jobs Data; Bitcoin’s Price Hovers at $22.9K
Equity markets continued their uneven climb upward this year with the tech-heavy Nasdaq and the S&P 500, which has a hefty technology component, jumping 1.8% and 1.1%, respectively, even as fourth...
Bitcoin clings to $23,000 as crypto stocks rally
After a rally above $23,800, bitcoin bounced back from a temporary drop below $22,600 earlier in the week, to level out just over $23,000 today for a small 1.6% weekly gain. Ethereum dropped nearly 5....
Crypto Markets to Remain Highly Volatile in the Coming Week-Bitcoin Prices may Hit $25K
Bitcoin price was believed to mark the bottom somewhere by the mid of Q1 2023 as the bear held a strong grip over the market. However, the market quickly displayed a bullish divergence since the begin...
Goldman Sachs Ranks Bitcoin Best Performing Asset so Far This Year – Markets and Prices Bitcoin News
Goldman Sachs has ranked bitcoin the best-performing asset so far this year. The cryptocurrency also tops the global investment bank’s list as the asset with the highest risk-adjusted return — above g...
Mango Labs Sues Avraham Eisenberg Over Mango Markets Exploit
Avraham Eisenberg, the self-professed exploiter of Solana-based platform Mango Markets, is being sued by the DeFi lending protocol’s developer, Mango Labs, for the $47 million Eisenberg allegedly stil...
2 Natural-Gas Stocks to Play the Coming Rebound
The collapse in natural-gas prices in recent months has generated a fraction of the attention of the run-up of the first half of 2022. But it could dent 2023 profits industrywide—and dampen inflation ...
Intel’s Data Warning Hits AMD and Nvidia Stock. A Chip Sector Upheaval Is Near.
Intel ‘s disappointing results and warning of a contracting data-center market knocked the stock in some of its key rivals on Friday. Intel (ticker: INTC) shares were down 10% in premarket trading af...
An Unstoppable Stock Market Is About to Meet the Immovable Fed
The stock market has acted as if the Federal Reserve doesn’t exist as it jumps out to a quick start to the year. Expect Fed Chairman Jerome Powell to remind it when the central bank hikes interest rat...
Lucid Stock Soars. Here’s What Is Happening.
Lucid stock was soaring Friday, a move that is being attributed to unconfirmed rumors that the company could be acquired. Lucid (LCID) stock started moving just after noon Friday, and had nearly doubl...
Why desalination won’t save states dependent on Colorado River water
The Colorado River wraps around Horseshoe Bend in the in Glen Canyon National Recreation Area in Page, Arizona. Rhona Wise | Afp | Getty Images States dependent on the drought-stricken Colorado River ...
Solana-Based Trading Platform Mango Markets Sues Crypto Trader Behind $100,000,000 Exploit
A Solana-based (SOL) decentralized crypto exchange is suing the bad actor behind the alleged $100 million exploit of its network last October. In a new court filing in the Southern District of New Yor...
I say thumbs up to MP Materials
RPC Inc: “I want you to hold [onto] it.” Marvell Technology Inc: “You don’t want to buy until it reports. After it reports, we’re going to take a solid look at it. …...
Strong earnings from Tesla, United Rentals helped lift market
CNBC’s Jim Cramer said that Thursday’s rally is thanks to a batch of strong company earnings. “I’ve said over and over again that during earnings season, what matters is compan...
Ether below $1,600, Silvergate down on dividend deferral, Coinbase pops 10%
Crypto prices remain relatively steady, with most of the major coins flat or marginally higher. Silvergate sank after suspending a preferred dividend. Bitcoin was trading at $23,000 by 11:50 a....
Intel, Chevron, American Express, Silvergate and more
Intel said April 5, 2022 that it has suspended all business operations in Russia. Paco Freire/Sopa Images | Lightrocket | Getty Images Check out the companies making headlines before the bell: Intel —...
China’s Big Comeback Is Just Getting Started. How to Play It.
Talk about a comeback. As China abandons policies that stifled economic growth for the past three years, investors have sent the country’s stocks soaring—up more than 50% since October. The rally migh...
Mango Markets Files Lawsuit Against Avraham Eisenberg
Mango Markets has sued Avraham Eisenberg, the individual behind the attack on the Solana-based DeFi protocol. Mango Markets has filed for $47 million in damages and marks the 4th lawsuit to hit Eisen...
Floki Inu price soars 14% following DAO proposal to burn $55 million tokens
Dog-themed meme coin floki inu soared in price following a community proposal that would burn $55 million worth of its tokens. Floki Inu was trading up 14% to $0.000012 at 6:06 a.m. EST, accordi...
$6.6 billion-worth fintech Wise accused by rival of harming competition
The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Wise has been accused by a rival fintech company of undermining competition in the money tran...
Boeing’s Terrible Earnings Have Left Wall Street More Bullish. Here’s Why.
Free cash flow at commercial aerospace giant Boeing has stabilized. Earnings, however, are all over the place. That isn’t bothering Wall Street, though—the stock remains attractive and target prices a...