Fed sees inflation topping 5% in 2022 and then falling rapidly due to higher rates

The Federal Reserve on Wednesday predicted U.S. inflation would exceed 5% by the end of 2022 — much higher than its most recent forecasts — underscoring its more aggressive strategy in raising interes...

Tapestry stock price forecast: Jefferies sees a 40% upside

Tapestry Inc (NYSE: TPR) is up 5.0% on Wednesday after a Jefferies analyst said the stock was a “major opportunity” for investors interested in playing the retail space. Tapestry Inc could...

Global Bitcoin ATM Installations Sees a Rise in May-June Month

After five months of a slowdown in BTC ATM installations, June is seeing a swift recovery in the global Bitcoin ATM Installation according to reports by Coin ATM Radar Report. Since the early months o...

Chairman of McEwen Mining Corp sees gold at $5k, says more market pain ahead

As the Federal Reserve (Fed) continues to raise interest rates and inflation keeps rising, the wider markets only seem to be headed in a one-way direction of misery. Meanwhile, during the Prospectors ...

BitMEX’s Arthur Hayes Sees Risk Of ‘Bigger Crash’ For Bitcoin And Ether If These Price Levels Fail To Hold ⋆ ZyCrypto

Advertisement &nbsp &nbsp On Monday, Bitcoin shed over 17%, dropping to levels last seen in December 2020 and extending losses that have gripped the cryptocurrency for the las...

Nokia stock outlook: Citi sees upside to €6.50 a share

Shares of Nokia Corporation (HEL: NOKIA) down roughly 20% versus the start of the year are significantly undervalued, a Citi analyst suggested in his bullish note this morning. Nokia stock has a 45% u...

BitMex Founder Sees Carnage If Bitcoin, Ethereum Breach These Levels

BitMex founder Arthur Hayes said the Bitcoin and Ethereum could be primed for severe losses if they dropped below a certain level. For Bitcoin, Hayes sees a drop below $20,000 causing a spot-selling c...

Decentraland (MANA) Sees Slower Decline in Price as Bitcoin (BTC) Tumbles

Despite the ongoing market correction, Decentraland (MANA) has not broken down below its May 12 bottom and could be in the process of creating a higher low. MANA has been falling since reaching an all...

Morgan Stanley CEO James Gorman sees 50-50 odds of recession ahead

Morgan Stanley Chairman and Chief Executive James Gorman speaks during the Institute of International Finance Annual Meeting in Washington, October 10, 2014. Joshua Roberts | Reuters The odds of a rec...

Bitcoin Sees Lowest Ever Monthly RSI As BTC Dips Below $24K

The cryptocurrency markets are in shambles over the past couple of days, and bitcoin’s price dropped to levels not seen since December 2020. Data shows that the monthly relative strength index (RSI) i...

Wells Fargo Sees an Appealing Entry Point in These 2 Stocks

It’s difficult to put a positive spin on the current state of the stock market. While 2022’s action has seen moments of relief, for the most part, the trend has been resolutely downbeat, as reflected ...

PwC survey sees more hedge funds investing in crypto, in spite of volatility

Volatility in the sector has not deterred more traditional hedge funds from investing in crypto, and more specialist crypto funds are being created as digital assets gain acceptance, according to PwC’...

Shiba Inu [SHIB] sees a 40% uptick, but not in price as…

Shiba Inu [SHIB], one of the most popular meme coins around, has grabbed significant attention of late. Be it 2021 or 2022, the meme coin has seen decent developments within this crypto-sea full of co...

‘We’re in technical recession, but just don’t realize it’: Bank of America sees more ‘shocks’ to come

The shocks aren’t over. Get ready. That’s the timely Friday advice of Bank of America, delivered hours before worse-than-expected U.S. inflation data knocked the wind out of Wall Street and left inves...

ARK’s Cathie Wood Sees 50% GDP Increase Over Next Decade

Cathie Wood said investors could look forward to a 50% increase in global GDP over the next decade, driven by artificial intelligence. In a wide-ranging interview with Bloomberg’s Ed Ludlow at the inv...

Bitcoin Sees Weakness Ahead of CPI Report; Cardano, Solana Lead Fall in Majors

Inflation concerns have contributed to bitcoin’s fall in the past several weeks. In May, the U.S. Federal Reserve (Fed) hiked rates by the largest amount since 2000 as it seeks to tighten monetary pol...

Hedge Fund Manager Sees Crypto Providing “Zero” Returns In 2022

Hedge fund manager Mohnish Pabrai expects the crypto market to slump even further this year, according to a recent interview. Speaking to CNBC, Pabrai said he believes that the worst is yet to come, e...

Tim Draper Sees Bitcoin Surpassing $250k By Year End!

Legendary venture capitalist Tim Draper made waves in the crypto community when he predicted Bitcoin would fly to $250,000 by the end of 2022 during a CNBC interview in June 2021. With Bitcoin current...

Ethereum’s Ropsten Testnet Merge Sees Success – crypto.news

The Ropsten Testnet of Ethereum has successfully merged with its beacon chain. It is the first testnet dress rehearsal to prepare Ethereum for the upcoming proof-of-stake shift. Ropsten Testnet Comple...

UBS sees a 50% upside

Tesla Inc (NASDAQ: TSLA) has been a disappointment for shareholders in 2022, but a UBS analyst says shares are now ripe for a sharp recovery. The stock is down close to 40% year-to-date. Patrick Humme...

Bitcoin Decline Sees Funding Rates Plunge To Three-Month Lows

Bitcoin funding rates have taken a nosedive after massive sell-offs at the beginning of the week. Bitcoin had made a remarkable recovery coming out of a slow weekend but these sell-offs would quickly ...

Cathie Wood Sees Huge Inventories as Evidence Inflation Will Ebb

(Bloomberg) — Cathie Wood says the massive inventories now held by US companies suggest that inflation will die down. Most Read from Bloomberg “I’ve never seen inventory surges like this in my c...

Bitfinex Sees $670 Mln Bloodbath

ETH Price at the time of writing – $1,819.94 $682 million short positions were liquidated in the past four hours ETH Market Cap – $219,914,316,307 Ethereum (ETH) followed a more extensive recuperation...

Ethereum Sees Deployment Of The Merge On Testnet Ropsten

On a historic day in the history of Ethereum, the network’s oldest testnet Ropsten was able to complete “The Merge”. According to core developer Tim Beiko, the testnet has begun including blocks and o...

This big investor called inflation early and sees it above 7% at year’s end

Far from the bustle of Wall Street, inside his downtown Minneapolis office, Tim Magnusson got his first aching gut feeling about U.S. inflation in May of last year. That’s when U.S. government data sh...

Jack Dorsey’s Block Sees BTC Leading in the Years to Come

Jack Dorsey’s company Square – which is now referred to as “Block” – is looking to shift gears a bit and doesn’t want to be viewed purely as a payment firm. Rather, it wants to be looked at as a finan...

Crypto Bill Penned by Senators Lummis and Gillibrand Sees Light of Day

The long-anticipated crypto bill from Senators Cynthia Lummis (R-Wyo) and Kirsten Gillibrand(D-N.Y.) that balances the need for consumer protections and financial innovation surfaced Tuesday. The new ...

Short sellers raise bets against GameStop and AMC to highest level in a year as Wall Street sees more pain ahead

Investors are once again working up the fortitude to bet against GameStop and AMC roughly 18 months after last January’s infamous “meme stock” short squeeze sent GameStop shares surging more than 1,00...

JP Morgan Sees Buying Opportunities In Alibaba And Other Chinese Stocks Citing These Reasons

TheStreet.com 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, b...

TimeCapsule collection sees monthly NFT launches

Prada, with its TimeCapsule collection, plans to launch limited edition physical and NFT items every first Thursday of the month, directly on its Prada Crypted marketplace.  Prada and the monthly laun...

Crypto Community Sees Nearly 80% Upside For Ethereum By End Of June

The crypto crash can be unnerving, but the crypto community sustains its bullish position for the Ethereum (ETH) price by June 30, 2002. They are projecting it to soar by 78% at the end of the month. ...

Twitter Deal Sees Further Stalemate, Elon Musk Warns He Can Pull Out His Bid

Elon Musk, the Chief Executive Officer of electric vehicle giant Tesla Inc, and the prospective owner of social media giant Twitter have sent a filing to the SEC noting it may exercise its rights not ...