Crypto prices are continuing to trade in a broadly similar range as the correlation with U.S. equities and macro events weakens, Bernstein analysts said. Crypto-related stocks opened higher on Monday,...
Tag: Weakening
Netflix stock jumps 4% as Goldman Sachs boosts estimates amid weakening dollar
Netflix (NFLX) stock rose nearly 4% on Tuesday after Goldman Sachs boosted its estimates for the streaming giant amid a weakening U.S. dollar, extending a recent winning streak for shares of the strea...
Bitcoin Bulls Shouldn’t Be Fooled by Weakening US Dollar, According to Crypto Analyst Benjamin Cowen
Crypto analyst Benjamin Cowen says traders may want to think twice before flipping bullish on Bitcoin just because the US dollar index (DXY) has shown some weakness in recent weeks. In a new strategy ...
Bitcoin analysts eye weakening US dollar as BTC price fights for $17K
Bitcoin (BTC) bulls attempted to retake $17,000 into the Dec. 4 weekly close as volatility looked set to return to the market. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bollinger Ban...
China Signals Shift Away From Zero-Covid As It Claims Virus Is Weakening
Topline Chinese authorities acknowledged the country was facing a new phase of the pandemic that will require it to tweak its approach, a signal that its government may finally be moving away from its...
Bitcoin Moves Differently From US Stock Market, Correlation Weakening?
Data shows while Bitcoin has been correlated with the US stock market for some time now, the two haven’t moved in tandem recently. Bitcoin Correlation With US Stocks May Be Weakening As BTC Has Been M...
Amicus Briefs Are Boosting Ripple’s Case and Weakening SEC’s Arguments in XRP Lawsuit, Says Crypto Legal Expert
Crypto legal expert Jeremy Hogan says the amicus briefs filed in the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple are harming the SEC’s case. Hogan says the amicus briefs are...
On-Chain Signal Suggests Bitcoin Selling Is Over, BTC To Head Upwards Against Weakening Dollar: InvestAnswers
A popular crypto analyst says that several on-chain signals for Bitcoin (BTC) suggest sellers are losing control of BTC’s price action. In a new video, the InvestAnswers host looks at data from blockc...
Citi survey shows ‘further signs of potential weakening demand’
Pummeled software stocks may not get much of a reprieve as signs emerge on another leg down in demand from big corporations. A new survey of CIOs from Citi on Thursday found that IT spending trends co...
Bitcoin (BTC) Price Cycles Weakening – Next Bear Market to Drop 67%
Bitcoin (BTC) price has already reached the bottom of the current bear market, according to a new model of market cycles. The new hypothesis tries to predict the bottom of the next cycle and assumes t...
GM, Ford shares tumble after UBS downgrades cite weakening demand
The General Motors world headquarters office is seen at Detroit’s Renaissance Center. Paul Hennessy | LightRocket | Getty Images DETROIT — Shares of General Motors and Ford Motor each tumbled Mo...
Weakening Stock Market Worsened By Strong Dollar
Foreign inflows into the U.S. securities market, including stocks, helped drive up the dollars value … [+] against core currencies. Now it’s a headwind. (Photo by China Photos/Getty Images...
FedEx details its strategy to offset weakening demand
FedEx Corporation (NYSE: FDX) ended in the green on Thursday after the logistics company announced cost cuts and hiked shipping rates. Details of the rate hikes The multinational conglomerate revealed...
Analyst Says Bitcoin (BTC) Weakening, but Crypto Markets Can Rally This Week After Fed Meeting
A popular analyst is considering how the Federal Reserve’s upcoming policy meeting will impact both Bitcoin (BTC) and the broader economy. The anonymous host of InvestAnswers first tells his 444,000 Y...
Cryptocurrencies react to Jackson Hole, Fed rate hike plans and a weakening bear market rally
The European stock markets and the United States equities markets are both deep in the red on Aug. 22 as investors fear that aggressive rate hikes may not be off the table. Another thing keeping inve...
ETH Falls Below $1,900 as Markets React to Weakening Chinese Economy – Market Updates Bitcoin News
Ethereum fell below $1,900 earlier today, as crypto markets continued to react to disappointing economic data from China. Figures for July showed that both retail sales and industrial production in Ch...
Latest Turkey Inflation Rate of 79.6% the Highest in 24 Years — Weakening Lira and Russia-Ukraine War Blamed – Coinotizia
According to the latest data from the Turkish Statistical Institute, the country’s annual inflation rate for the month of July was 79.6%, the highest in 24 years. Rising transportation costs, food and...
Latest Turkey Inflation Rate of 79.6% the Highest in 24 Years — Weakening Lira and Russia-Ukraine War Blamed – Economics Bitcoin News
According to the latest data from the Turkish Statistical Institute, the country’s annual inflation rate for the month of July was 79.6%, the highest in 24 years. Rising transportation costs, food and...
Ethereum Classic’s Uptrend is Weakening
Ethereum Classic has shown some nice performances today moving by about 10% of its worth upwards. Nevertheless, no matter impressive this may appear to be one important thing to determine is the conti...
Bitcoin’s Bearish Momentum is Weakening, Solana on 3-Day Rising Streak – crypto.news
The price of Bitcoin has taken quite the blow over the past couple of months. The current market slump has seen BTC record its worst quarterly performance since 2011. Selling pressures have been bruta...
Semiconductor stocks are ‘one of the safest places to be’ despite weakening demand
Amidst reports of weakening demand for PCs and Smartphones, a Stifel analyst continues to recommend semiconductor stocks for the long-term investors. Ho explains why he’s sticking to semiconduct...
Central bank tries to slow weakening yuan vs US dollar
The Chinese yuan has weakened sharply against the U.S. dollar in the last several weeks as the greenback strengthens and investors worry about China’s economic growth. Fotoholica Press | Lightro...
Weakening Global Economy Could Trigger Next Parabolic Crypto Bull Run, According to Macro Guru Raoul Pal
Former Goldman Sachs executive Raoul Pal says that changes in global market conditions could set off the next bull run for Bitcoin (BTC). In a new interview with BitBoy Crypto, Pal says that while he’...
Treasuries’ Biggest Foreign Buyers to Return on Weakening Yen
(Bloomberg) — Japan’s giant investors look set to bet on yen weakness continuing and boost their purchases of Treasuries over the rest of the year. Most Read from Bloomberg That’s the view of mo...
Data Shows Bitcoin Selling On Binance Has Been Weakening Recently
On-chain data shows Bitcoin selling on the crypto exchange Binance has started to weaken in recent weeks as outflows have shot up. Binance Has Observed Negative Bitcoin Netflows Recently As pointed ou...
Ethereum Weakening in HTF Hints Downtrend, ETH Price To Plunge 30% Soon! – Coinpedia – Fintech & Cryptocurreny News Media
The Russia-Ukraine crisis has deeply impacted each and every sector and the global trading platforms including crypto space witnessed a bloodbath. While Bitcoin price has plunged more than 8%, Ethereu...
Home Depot, Its Charts Already Weakening, Is Drilled After Earnings
Home improvement retailer Home Depot Inc. (HD) reported its fourth-quarter results Tuesday morning and beat earnings and revenue forecasts, but traders were sellers of the stock at the open. In our De...
Could Bitcoin’s security be weakening? Let’s talk about it
Bitcoin proponents claim that Bitcoin’s security is unquestionable and fears surrounding halving events are blown out of proportion. Critics, however, argue that transaction fees might not have the ca...