Auto Added by WPeMatico

While Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys Twitter

Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Reserve…

Continue ReadingWhile Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys Twitter

While Markets Consolidate, Crypto Fear and Greed Index Points to ‘Extreme Fear’

18 days ago on March 28, the Crypto Fear and Greed Index tapped the “greed” position, scoring a 60 for the first time in four months. Since that day, bitcoin…

Continue ReadingWhile Markets Consolidate, Crypto Fear and Greed Index Points to ‘Extreme Fear’

Crypto Fear and Greed Index Hits ‘Greed’ for the First Time in 4 Months

On March 28, the Crypto Fear and Greed Index has jumped back to the “greed” position for the first time in four months. The last time the index reached the…

Continue ReadingCrypto Fear and Greed Index Hits ‘Greed’ for the First Time in 4 Months

Global Crypto Economy Holds Above the $2 Trillion Zone for 5 Consecutive Days

The crypto economy has managed to remain above the $2 trillion mark during the last five days since March 22. Currently, the global cryptocurrency market capitalization is 1.3% higher during…

Continue ReadingGlobal Crypto Economy Holds Above the $2 Trillion Zone for 5 Consecutive Days

Privacy Crypto Assets XMR, ZEC See Double-Digit Gains Amid Tightened Global Economy

Over the last week, the United States and president Joe Biden’s administration tightened sanctions against Russia a great deal. The U.S. banned Russian energy imports, a number of other types…

Continue ReadingPrivacy Crypto Assets XMR, ZEC See Double-Digit Gains Amid Tightened Global Economy

Report: Billion-Dollar Hedge Fund Fir Tree Eyes Shorting the Stablecoin Tether

The hedge fund Fir Tree Capital Management’s investors claim it has developed a method to short the stablecoin tether. A report notes that “clients of the firm” said the potential…

Continue ReadingReport: Billion-Dollar Hedge Fund Fir Tree Eyes Shorting the Stablecoin Tether

Data Shows Global Financial Conditions Tightest in 2 Years, Shaky Bond Markets Point to Long-Run Inflation

At the end of the trading day on Monday, Wall Street was roiled once again as major stocks plunged during the day’s trading sessions. Most news outlets indicate the Russia-Ukraine…

Continue ReadingData Shows Global Financial Conditions Tightest in 2 Years, Shaky Bond Markets Point to Long-Run Inflation

Geopolitical Risk and Ukraine Worries Shake Equities, Cryptocurrencies — Gold Soars Higher

On Wednesday, global markets have been volatile as Ukraine officials declared a state of emergency amid fears of a Russian invasion. Wall Street’s top indexes shuddered during the day’s trading…

Continue ReadingGeopolitical Risk and Ukraine Worries Shake Equities, Cryptocurrencies — Gold Soars Higher

Stablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance Jumps

At the end of December 2021, the stablecoin economy’s market valuation was around $168.3 billion and since then, it has increased 9.92% to $185 billion in value. A number of…

Continue ReadingStablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance Jumps

Russian Government Approves Plan to Regulate Cryptocurrency

The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. The new framework is expected to place cryptocurrency flows under…

Continue ReadingRussian Government Approves Plan to Regulate Cryptocurrency