Popular Crypto analyst Capo, who has a significant following on Twitter, talked about Ethereum’s price dive once it significantly breaches the support of $1,700, as he thinks that that’s where its rea...
Tag: Prices
Ripple price analysis: XRP prices slip off the cliff as $0.37 support crumbles
Cryptocurrency prices heat map, Source: Coin360 Ripple price analysis illustrates a bearish market sentiment as the prices bounce back from the $0.37 support level. The prices have managed to find som...
Dogecoin is NOT doing okay as prices sink below 10 cents, Will DOGE recover?
Dogecoin lost its cool after the floppy appearance of Elon Musk on the SNL show. Since then, prices failed to recover and crashed hard. This crash was also accelerated by the crash of the crypto marke...
BTC Prices Stall, Heading Into Weekend – Market Updates Bitcoin News
Bitcoin prices were mainly unchanged early in Friday’s session, as traders prepared for the weekend. Following a strong start to the week, crypto prices have mostly consolidated in recent days. ETH wa...
Inflation Unexpectedly Spiked 8.6% In May—Hitting 40-Year High As Gas Prices Surge Again
Topline Consumer prices rose 8.6% in the 12 months ending in May, unexpectedly returning to record levels—and climbing at the quickest pace in four decades—amid an unprecedented surge in gas prices. A...
The world must brace itself for a further surge in oil prices
JPMorgan’s chief executive Jamie Dimon thinks oil prices could surge to $175 a barrel later this year. Jeremy Weir, the head of commodity trader Trafigura, says oil could go “parabolic”. Energy Aspect...
Lumber prices hammered – could softer demand of houses be the culprit?
Lumber futures are now trading below the $600 per-thousand-board-feet level, which was seen last time in November of 2021. Current lumber prices are down 60% from a peak of $1,480, seen in March, as ...
AVAX prices step towards $25.0, bullish momentum gathers
Cryptocurrencies prices heatmap, source: Coin360 Avalanche price analysis reveals that the AVAX/USD pair has seen a lot of volatility in the past 24 hours, with prices rocketing higher and then quickl...
Oil-stock trade is ‘too obvious,’ says this fund manager, who expects a pullback in prices
(Updates original story with Tuttle’s purchase of additional shares of OXY in last paragraph.) Investors’ memories can be short. The same can be said for those of stock traders. Matthew Tuttle sees th...
Oil prices could go ‘parabolic,’ putting global economy in ‘critical situation,’ says Trafigura chief
“‘We have got a critical situation. I really think we have a problem for the next six months. … [O]nce it gets to these parabolic states, markets can move and they can spike quite a lot.’” — Jeremy We...
El-Erian Warns Inflation Has Yet to Peak as Energy Prices Rise
(Bloomberg) — Mohamed El-Erian, who almost a year ago accurately forecast that elevated US inflation would be persistent, says it hasn’t peaked. Most Read from Bloomberg The closely followed bon...
Americans Lost $544 Billion And Racked Up Debt Last Quarter As Stocks Collapsed And Housing Prices Spiked
Topline Dragged down by the stock market’s worst quarter since the Covid-induced recession two years ago, the combined net worth of U.S. households tumbled by $544 billion in the first quarter, ...
U.S. gas prices hit a record high of $5 per gallon fueled by summer travels
The cost of gas in the United States continues to skyrocket amid an increase in demand fueled by summer travels and pressure on the national reserves. As of June 9, the cost per gallon surpassed an a...
As oil prices surge, the Dow is missing ExxonMobil
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, June 9, 2022 Today’s newsletter is...
Why Upcoming Ethereum (ETH) Merge May Crash ETH Prices?
Ethereum merge is simply the transition of the network’s current system of proof-of-work (PoW) to proof-of-stake (PoS). After the Merge, rewards will go to stakers instead of miners. The PoS system us...
With 12 Key Measures of Prices, Truflation’s Revamped Dashboard 2.0 Independently and Accurately Assesses Real-Time Inflation Rates
Truflation’s newly revamped dashboard provides data on 12 key cost categories to more accurately measure inflation rates as compared to many government consumer price indicators Truflation, a decentra...
Altria Stock Gets Downgraded by Morgan Stanley. Gas Prices Are Partly to Blame.
Text size Analyst Pamela Kaufman lowered her price target to $50 from $54. Illustration by Joel Arbaje Altria Group stock fell Wednesday after Morgan Stanley warned of increasing headwinds to the ciga...
Exxon Mobil Shares Hit All-Time High As Oil And Gas Prices Keep Surging With No End In Sight
Topline Shares of energy giant Exxon Mobil surged to a new all-time high on Wednesday, continuing a stellar run this year on the back of rising oil and gas prices, which analysts warn could remain ele...
Mortgage Demand Plunges To 22-Year Low As ‘Worsening’ Affordability Deters Buyers—But Here’s Why Prices Will Still Rise
Topline Mortgage rates plummeted last week in the latest sign rising interest rates have started to temper demand in the booming housing market, but experts note plunging demand won’t quickly pu...
BTC Continues to Consolidate, Prices Move Slightly Above $30,000 – Market Updates Bitcoin News
Bitcoin moved away from Tuesday’s lows during the hump-day session, as prices were once again above $30,000. Prices have been hovering above and below this level over the last few weeks, with no signi...
4 reasons high gas prices aren’t Joe Biden’s fault—and one critical way he’s adding to the problem
As the summer travel season heats up, gas prices are soaring, and Americans aren’t happy about it. The average price of a gallon of gas moved to a record high of $4.91 nationwide on Tuesday. That’s a ...
Bitcoin, Ethereum, Axie Infinity Price Analyses
Bitcoin Analysis Bitcoin’s price closed in red figures by a slim margin on Tuesday. BTC’s price sold-off drastically on the new daily candle on Tuesday but rallied during the day’s second 12 hour can...
Chainlink Staking Roadmap Update Pushes LINK Prices up 12%
On June 7, the Chainlink team published its “Long-Term Goals, Roadmap, and Initial Implementation,” outlining the following stages for the data oracle blockchain project. The blog post referenced “Cha...
The Only Cross-Chain DEX you’ll Ever Need – Highest Liquidity and Best Prices
Decentralized finance, or simply DeFi, is ever-evolving, dynamic, and community-driven. The desire to offer the best options for its global, quality-insistent base distinguishes this sub-sphere from l...
$150 oil won’t cripple economy, market: J.P. Morgan’s Marko Kolanovic
J.P. Morgan’s Marko Kolanovic predicts oil is surging higher — but so are stocks. Kolanovic, who serves as the firm’s chief global markets strategist and co-head of global research, believ...
Fed Prices Eggs in Bitcoin but Misses the Big Picture: Crypto Community Reacts
The St. Louis Federal Reserve published a blog post with the ratio of eggs to Bitcoin in a bid to criticize the volatility in the latter but ended up being ridiculed for the example. Cracking Bitcoin-...
Garcia’s favourite stocks to play the higher energy prices
The oil and gas companies have already had an unprecedented run up this year. Still, Courtney Garcia – Senior Wealth Advisor at Payne Capital Management – is convinced the energy stocks ar...
Costco Raises Prices While Target Lowers Them
The pandemic has disrupted a variety of retail chains. Covid has created supply-chain problems, where ordered items take longer to arrive, but that’s not the only problem facing retailers, inclu...
Bitcoin Miners Sell BTC Holdings Amid Prices Plunge to Cover Energy Costs – crypto.news
Recent reports indicate that Bitcoin miners are selling most of their crypto tokens on exchanges to cover most costs. This comes as inflation rates have been rising throughout the year, perhaps causin...
Opinion: Inflation is making everything we buy more expensive, and once stagflation hits things could get even worse
Last month I examined the culprits that are causing global inflation, including rising interest rates, persistent supply chain issues (China locking down cities), and climbing energy and fertilizer pr...