Crypto Santa Claus Rally Hopes Fade as Tech Stocks Slump
In 4 out of every 5 Christmas holidays going back to 1950, US stocks have pumped as investors pile some extra savings into capital markets. But financial markets don’t get…
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How These 4 Key Cryptocurrencies Beat The Nasdaq Composite in 2024
Moreover, even in a year that many stocks doubled and tripled their historical average yearly returns, leading cryptocurrencies delivered gains of over 100% for the year. With several years of…
Santa Claus Rally: Should I Buy High Tech Stocks or Crypto? (Op-Ed)
Despite the Federal Reserve’s recent rate cut by another quarter percentage on Wednesday, Bitcoin’s price plummeted. The asset tumbled by up to 15% at one point. Meanwhile, this all-important vital…
Here’s the Aftermath for Bitcoin, Gold, Stocks After Donald Trump’s Victory
On November 6, the Republican presidential nominee, Donald Trump, won the United States elections, becoming the country’s 47th president. His victory triggered all forms of reaction across several financial assets…
Wall Street to Surpass Satoshi as Top Bitcoin Holder This Year — Analysts Expect $200K BTC Soon
Bitcoin could reach $200,000 next year, driven by institutional adoption and major market events, according to a new report. Analysts expect Wall Street to surpass Bitcoin’s pseudonymous creator, Satoshi Nakamoto,…
Kamala Harris Pledges to Support Digital Assets — ‘We Will Cut Needless Bureaucracy’
Vice President Kamala Harris has pledged to support innovative technologies like artificial intelligence and digital assets while ensuring consumer and investor protection. Her remarks, highlighting AI and cryptocurrency as key…
JPMorgan Forecasts Potential 50bps Rate Cut in November Following Recent Fed Move
JPMorgan Chase sees the possibility of the Federal Reserve making another significant rate cut in November, possibly by 50 basis points. The bank, which predicted this week’s half-point cut, believes…
Markets Await Fed Decision: Bitcoin Spikes, Gold Drops, Stocks Wobble
Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for federal funds. While…
Former Commerce Secretary Warns US Headed for Recession
Former Commerce Secretary Wilbur Ross has warned of an impending U.S. recession due to the lingering effects of pandemic-related stimulus. While Wall Street maintains a more optimistic outlook, citing strong…
Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin Slide
Equities kicked off Friday on a quiet note, with little movement as the latest U.S. labor market report unveiled a softer-than-anticipated addition of 142,000 jobs for August. The data only…
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