Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
Tag: Rout
Warren Buffett Beats the Market Rout Again
Billionaire Warren Buffet is one of two people in the top ten richest people in the world who has seen his net worth rise since January, according to the Bloomberg Billionaires Index. The CEO of Berks...
Coinbase junk bonds tank amid market rout and creditors’ fears
The price of Coinbase’s junk bonds are tanking amid an underwhelming performance in Q1 and fears over what could happen in the event of a bankruptcy. According to bond trading data from Trace Bonds, b...
Cathie Wood Watch: Ark Buys Coinbase After Rout
Cathie Wood, chief executive of Ark Investment Management, traded familiar names Thursday, purchasing a cryptocurrency exchange and selling a digital entertainment company. All the valuations below ar...
BTC/USD Orbits 30000 Figure in Ongoing Rout: Sally Ho’s Technical Analysis 12 May 2022 BTC
Bitcoin (BTC/USD) remained near ten-month lows early in the Asian session as the pair orbited the 30000 figure after recently trading as low as the 29735.05 area. Stops were recently elected below s...
Carvana’s Relentless Rout Leaves Analysts Struggling to Catch Up
(Bloomberg) — Online used-car dealer Carvana Co. is trading as if the pandemic that spurred an almost 1,200% surge in its stock price never happened. Wall Street, however, has yet to fully adjus...
Ethereum rises vs. Bitcoin despite crypto market rout — will ETH/BTC gain 50% by June?
Ethereum’s native token Ether (ETH) has grown stronger against its rival for the top position — Bitcoin (BTC) — despite an ongoing crypto market rout. But can the ETH/BTC pair continue to rally ...
Coinbase, MicroStrategy Lead Crypto Stocks Lower in Market Rout
For Coinbase, Monday’s plunge has the stock now trading down more than 70% since its April 2021 initial public offering, with the company set to report Q1 earnings after the close on Tuesday. For Micr...
Nasdaq 100 Rout Erases $1.5 Trillion in Market Value in 3 Days
(Bloomberg) — Three days of heavy selling in technology stocks has erased about $1.5 trillion in market value from the Nasdaq 100 Index. Most Read from Bloomberg The tech-heavy benchmark sank 4%...
Global Stocks Open Lower to Begin Week Following Last Week’s US Rout
Despite some positive development from China’s April trade data, global stocks still remain lower as investors remain tentative. The new week is seeing a general decline in global stocks as inflationa...
Monero avoids crypto market rout, but XMR price still risks 20% drop by June
Monero (XMR) has shown a surprising resilience against the United States Federal Reserve’s hawkish policies that pushed the prices of most of its crypto rivals — including the top dog Bitcoin (BTC) — ...
U.S. Investment-Grade Bond Dealers See Sales Swell After Rout
(Bloomberg) — Investment-grade issuers may sell bonds at a faster pace next week after market volatility had pushed many borrowers to the sidelines over the past month. Most Read from Bloomberg ...
Ethereum hits 3-week high vs. Bitcoin amid Fed-led market rout
Ethereum’s native token Ether (ETH) tumbled to its worst levels in almost two months against the U.S. dollar on May 6 as the rout in financial markets rippled across the cryptocurrency sector. N...
Billions in Wrong-Way ETF Bets Placed Just Before Thursday Rout
(Bloomberg) — For a measure of just how brutal Thursday’s reversal was in U.S. equities, take a look at where cash was moving in the ETF market earlier in the week. Most Read from Bloomberg In t...
Historic Rout Isn’t Over Yet, Bank of America Strategists Say
(Bloomberg) — The global market selloff that saw the S&P 500 Index post its worst first four months of a year since 1939 has further to run, according to Bank of America Corp. Most Read from...
Cloudflare Stock Falls As Earnings, Guidance Top Views Amid Software Sector Rout
Cloudflare stock tumbled on Thursday despite the company beating views on earnings and revenue for the March quarter and offering an outlook ahead of estimates. Software growth stocks continue to sell...
Einhorn’s Greenlight Defies April’s Rout With 10.6% Gain
(Bloomberg) — David Einhorn’s Greenlight Capital chalked a 10.6% gain in April, according to a person with knowledge of the firm’s performance, weathering the worst month for U.S. stocks in year...
Stock Rout Is Fed’s ‘Best-Case Scenario’ as Powell-Put Era Ends
(Bloomberg) — If you’re a Federal Reserve policy maker, the stock selloff of the last few weeks comes with a silver lining. Most Read from Bloomberg Financial conditions — a cross-asset me...
Crypto Market Enters Strong Correction Following the Wall Street Rout
Bitcoin and the broader cryptocurrency market have once again entered a sharp correction after a brutal sell-off on Wall Street on Tuesday, April 26. The world’s largest cryptocurrency has failed to h...
Bank Stocks Unravel in Worst Rout Since 2020
(Bloomberg) — The combination of higher inflation and higher rates has caught up with bank stocks, now on course for their worst monthly performance in more than two years. Most Read from Bloomb...
Stock futures open mixed after tech-led rout
U.S. stock futures opened mixed Tuesday evening after the major equity indexes slid during the regular trading day, as concerns over inflation and global economic growth stirred up further volatility ...
Stocks Succumb to Bond-Market Rout as Fed Inflation Hawks Circle
(Bloomberg) — A week that began brimming with economic optimism ended up caving in on stock bulls, who find themselves increasingly helpless in the face of determined Federal Reserve inflation f...
$50bn wiped off Netflix as subscriber shock sparks market rout
Netflix share price $50bn 30pc subscriber numbers advertising – LIAM DANIEL/NETFLIX Roughly $49bn (£37.6bn) has been wiped off Netflix’s value after the streaming giant reported its first fall i...
Bond Rout Promises More Pain for Investors
The worst bond rout in decades shows few signs of abating, threatening further pain for both investors and borrowers. Battered by high inflation readings and sharp messages from Federal Reserve offici...
World Markets Are Falling Again With Echoes of the 2018 Rout
(Bloomberg) — The feel-good days for global markets at the end of March are firmly over. Most Read from Bloomberg Everything from stocks to bonds is falling — even oil has pulled back from...
Bitmex Co-Founder Arthur Hayes Says Bitcoin Could Drop to $30K Amid a Stock Market Rout – Bitcoin News
The co-founder and former CEO of Bitmex, Arthur Hayes, has published a new blog post concerning the current state of cryptocurrency markets. Hayes says currently there’s an inability to recognize the ...
China Stocks Caught in Fresh Rout on Covid, Regulation Worries
(Bloomberg) — Chinese stocks tumbled on Monday as mounting concern over a Covid outbreak at home and rising global interest rates added to persistent regulatory headwinds. Most Read from Bloombe...
Euro Bulls Call End to Currency Rout After ECB’s ‘Regime Shift’
(Bloomberg) — Most Read from Bloomberg The euro, pummeled to an almost two-year low last month as the war in Ukraine raged on, may have found a floor as the market prepares for the European Cent...
Day Traders Finally Retreat After Standing Firm Amid Stock Market Rout
(Bloomberg) — In what looks increasingly like an uncharacteristic bout of bad timing, retail investors who hung tough during the selloff in January and February are now taking money off the tabl...
China Put Can Be Game Changer for Stock Market After Global Rout
(Bloomberg) — When the week started, JPMorgan Chase & Co. analysts warned that China’s internet stocks were “uninvestable.” The world is in a different place now. Most Read from Bloomberg Fo...