ETH whales have started accumulating CHZ. Assessing the likelihood of a pivot after CHZ’s latest downside Chiliz‘s native cryptocurrency has been on a bearish trajectory for the last 10 days. It tanke...
Tag: pivot
Genesis Bankruptcy By EOY At 59%; Bitcoin Investors Pivot
A possible Chapter 11 bankruptcy of Genesis Trading and parent company DCG is still depressing the sentiment on the Bitcoin market. Genesis last commented on Twitter on November 16. Parent company DCG...
ETH Back Above $1,200, as Federal Reserve Set to Pivot Policy – Market Updates Bitcoin News
Ethereum moved back above $1,200 on Thursday, as markets continued to react to the latest Federal Open Market Committee (FOMC) minutes. Yesterday’s report hinted that the U.S. Federal Reserve could pi...
Is Comerica stock insulated against a Fed pivot?
Comerica Incorporated (NYSE: CMA) ended in the green on Monday after a Raymond James analyst said the regional lender looks well-positioned for a recession. Comerica stock has upside to $85 a share Mi...
Apple Prepares to Get Made-in-US Chips in Pivot From Asia
(Bloomberg) — Apple Inc. is preparing to begin sourcing chips for its devices from a plant under construction in Arizona, marking a major step toward reducing the company’s reliance on Asian pro...
Pivot pressure may rise as manufacturing expectations suffer even as producer prices ease
The Producer Price Index (PPI) is a leading measure of the Consumer price index (CPI), and captures price rises at a wholesale level. On a monthly basis, the PPI registered a rise of 0.2%, below marke...
Dow Jones Wavers On Fed’s Preferred Pivot Sign; Buffett Unloads Shares; Fake Tweet Slams Health Care
The Dow Jones Industrial Average took a breather after Thursday’s 3.7% gains. After opening 0.2% lower, the blue chip index was down 0.7% at noon. The S&P 500 pared earlier gains of 0.5% to ...
Guggenheim’s Minerd Sees No Fed Pivot, Expects Market ‘Damage’
(Bloomberg) — On the heels of the Federal Reserve announcing another 75-basis-point rate hike, Scott Minerd, global chief investment officer at Guggenheim Investments, said that the move was not...
BitMEX Cuts Staff as It Looks to Pivot Back toward Derivatives Trading
That BitMEX is cutting off some of its staff is not a peculiar move as it is an industry-wide trend. BitMEX cryptocurrency trading platform has retrenched some of its staff as it looks to cut its cost...
Stocks tank after Fed hikes by 0.75%, Powell pushes back against pivot
U.S. stocks slid in volatile trading Wednesday afternoon following a move by the Federal Reserve to raise its benchmark policy rate by 75 basis points for a fourth straight time — on par with market e...
Bitcoin Volatile as Fed Raises Interest Rates by 0.75%, Hints at Pivot – Trustnodes
The Federal Reserve Banks have further hiked the base rate by 75 points to 4%, the Fed said. “The Committee decided to raise the target range for the federal funds rate to 3-3/4 to 4 percent.” That’s ...
ETH Drops to 5-Day Low, as Fed Likely to Delay Policy Pivot – Market Updates Bitcoin News
Ethereum dropped to its lowest level since last Friday during today’s session, as consolidation in crypto markets continued on Wednesday. This comes ahead of this afternoon’s U.S. Federal Reserve inte...
Dow Jones Futures: Stock Market Rally Awaits Fed Pivot Signals; AMD, Devon Move On Earnings
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures, with attention turning to Wednesday’s Federal Reserve meeting and whether policymakers will confirm ...
Morgan Stanley Says Fed Pivot Could Change Tide for Stocks; Here Are 2 ‘Strong Buys’ to Consider
The Federal Reserve will hold its November meeting today, and is widely expected to announced a fourth consecutive 75-basis point interest rate hike. The Fed’s likely move, of course, is in response t...
Hopes Of Fed Pivot Fade As U.S. Economy Returns To Growth
The US economy has surprisingly shaken off a series of steep rate rises, indicating the Federal Reserve’s campaign to tame historic high inflation is not over yet, new figures out today reveal. Gross ...
Why Overstock’s Pivot To Home Will Pay Off In The Long Run
Young brunette woman relaxing on the couch after a long day. Cozy home concept getty After casting aside its online liquidator image, Overstock.com has just finished repositioning itself as an exclusi...
Robert Kiyosaki Warns Stocks, Bonds, Real Estate Will Crash as Fed Continues Rate Hikes — Advises Buy Bitcoin Before Fed Pivot – Economics Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that stock, bond, and real estate markets will crash as the Federal Reserve continues to raise interest rates....
Bitcoin Touches $21k as Bank of Canada Flashes Signs of Pivot
Bitcoin reached past $21,000 on Wednesday for the first time since mid-September, following a lower-than-expected rate hike at the Bank of Canada. Economists say the move may signal a reversal from t...
Post Party Congress Pivot To Economy Lifts Stocks
China Last Night KraneShares Key News Asian equities had a positive day with Hong Kong and China outperforming while India had the day off for Diwali. Today’s catalyst was yesterday’s news that the PB...
ICE Poker Hits a 1.06 Burn-to-earn Ratio After Pivot From…
The advent of cryptocurrency-based game economies has many people excited. However, striking a balance between emissions and supply reductions is crucial. ICE Poker recently introduced a core change t...
Observers Suspect an Aggressive Fed Rate Hike Next Month, Analyst Predicts Fed Will Pivot in December – Bitcoin News
According to recent reports close to central bank officials, the U.S. Federal Reserve will likely deliver another interest rate hike by roughly 75 basis points (bps) next month. Moreover, markets are ...
Bitcoin and Stocks Rise on Fed Pivot Rumors – Trustnodes
Bitcoin has recovered above $19,000 again after a brief dip to $18,700 while stocks are up about 1.5% after opening somewhat down 0.3%. The chief reason appears to be a new report by Nick Timiraos, wh...
Robert Kiyosaki warns central banks can’t fix inflation and that ‘fake’ money is forcing state pensions to pivot — here are 3 real assets he likes now
Bank of England recently bought £19.3 billion of U.K. government bonds to prevent a collapse in the country’s pension industry. In the eyes of Rich Dad, Poor Dad author Robert Kiyosaki, that’s a sign ...
Goldman Sachs pivot from Marcus shows that disrupting retail banking is hard
David Solomon, Goldman Sachs, at Marcus event Goldman Sachs CEO David Solomon is reining in his ambition to make the 153-year-old investment bank a major player in U.S. consumer banking. After product...
Fed Pivot May Not Bring Immediate Relief to Bitcoin
“Few are asking, ‘what happens if pivot?’ – perhaps a better question is: When sustainable bottom? In other words, this is not March 2020; a recessionary bear market takes longer to ...
This is how high interest rates might rise, and what could scare the Federal Reserve into a policy pivot
The stock market’s reaction to the latest inflation report Thursday underlined just how confused and fearful investors are. The S&P 500 SPX, +2.60% plunged as much as 3% shortly after the open as ...
Cryptos, Stocks Rally on Hope Fed Will Pivot
The Fed is willing to rethink its current policy direction if economic conditions continue to deteriorate, minutes show Markets seem confident that a pivot is on the horizon The Federal Reserve has st...
A ‘Fed pivot’ still is the best shot for stocks to rebound
Timing the market has been a nagging question for investors ever since the stock market began its decline by roughly 25% in January this year. The right answer likely hinges on whether or not the Fede...
Stocks tank, Treasury yields spike as jobs report dashes hopes of Fed pivot
U.S. stocks cratered on Friday in their worst day since the throes of September’s sell-off after the government’s monthly employment report showed labor conditions remained tight last mont...
Stock market’s wild gyrations put earnings in focus as inflation crushes Fed ‘pivot’ hopes
Unrelenting inflation has dashed hopes for a quick pivot away from aggressive interest rate hikes by the Federal Reserve, which in turn is undermining the U.S. corporate earnings outlook for 2023 and ...