Stocks trim gains as China signals readiness for trade talks

Stocks trimmed gains, led by global chip makers, to see the U.S. stock market opened on Wednesday, April 16. Although the likes of Nvidia were slightly up as investors reacted to news China had indicated its readiness to engage the…

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How will the FOMC decision affect Bitcoin and altcoin prices?

Bitcoin, altcoins, and other assets like stocks and bonds traded within a tight range on Wednesday as the market awaited the first interest rate decision of the year. Bitcoin (BTC) traded at $102,000, while popular altcoins like Ethereum (ETH), Ripple…

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Bitcoin Slides to $66K, Ether Dives 5% in Market-Wide Selloff

Cryptocurrencies weren't spared as stocks, bonds, gold and oil all declined on Wednesday.

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Altcoins Surge Leaving Bitcoin and Ether Behind After Fed Cuts Interest Rate

Bitcoin may have outperformed stocks in the aftermath of the Federal Reserve’s decision to lower interest rates on Wednesday, but the true winners in the crypto universe are altcoins.

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Akash, Render, Bittensor tokens brace for Nvidia earnings

Artificial Intelligence-focused cryptocurrencies — and stocks — will be in the spotlight next week as Nvidia publishes its quarterly results after the closing bell on Wednesday, Aug. 28.  Ahead of the event, Akash Network (AKT) has risen by 10% in…

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Toncoin, Notcoin, Celestia rises as July US inflation drops

Annual consumer prices retreated in August, raising hopes that the Federal Reserve will start cutting interest rates in its September meeting. Cryptocurrencies and U. S. stocks continued rising on Wednesday, Aug.

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Bitcoin mining stocks are crawling back, but gains could be brief

Bitcoin mining stocks bounced back in Wednesday’s pre-market session, helped by the recent BTC rebound.   Riot Platforms shares rose by over 1%, while Marathon Digital, the biggest miner in the industry, rose by 1.

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Crypto price forecasts: Render, Floki, Arweave

Cryptocurrencies and stocks rebounded on Wednesday after the weak US inflation data and as investors bought the recent dip. Bitcoin approached the key $70,000 level while futures tied to the Dow Jones and Nasdaq 100 indices rose by 365 and…

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Robinhood adds trading support for SHIB, AVAX, and COMP for New York users

Robinhood has added support for three new tokens for traders in New York. An update the stocks and crypto trading app shared on Wednesday listed Shiba Inu (SHIB), Avalanche (AVAX), and Compound (COMP) as the three new tokens its users in New York can now trade.

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Crypto Stocks Continue Drop as Binance Walks Away from FTX Deal

Concerns around FTX's health along with the broader crypto ecosystem spilled into the stock market Wednesday.

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Cardano Weighs on Crypto Majors After US Tech Stocks Plunge

Shares of big tech companies slid on Wednesday and Thursday following dismal earnings reports.

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Dogecoin, Cardano Weigh on Crypto Majors After US Tech Stocks Plunge

Shares of big tech companies slid on Wednesday and Thursday following dismal earnings reports.

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With Bitcoin and Stocks Flat, Rally in DeFi Tokens Gets Notice

While top crypto assets like bitcoin and ether and traditional markets stay flat on Wednesday, DeFi assets shine.

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Crypto-Linked Stocks Rally After Fed Rate Hike

Cryptocurrency-exposed stocks rose as Bitcoin and Ethereum advanced following Wednesday's Federal reserve meeting which included a rate hike.

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Mike McGlone Pronounces Bitcoin A Wild Card That Will Outperform Stocks

Despite the ongoing bear market and bitcoin price decline, some analyst still retains their confidence in Bitcoin. The Bloomberg Analyst Mike McGlone is one of them. He took to Twitter on Wednesday to express his thoughts about the most popular cryptocurrency.

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Market Wrap: Bitcoin Rises Slightly Along With Stocks

U. S. equity indexes snapped a three-day losing streak on Wednesday, dragging along crypto assets. Bitcoin and other crypto assets rose along with U. S. stocks, which broke a three-day losing streak on Wednesday as investors' appetite for riskier assets returned.

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Citibank, Swiss Crypto Firm Partner To Develop Bitcoin Custody Services

Citibank, a major global banking institution, revealed on Wednesday that it has hired Switzerland-headquartered crypto custody firm Metaco to establish a digital asset custody platform. The collaboration will focus on tokenized securities, which are representations of stocks and bonds that are transferred and settled using blockchain technology, according to an email from a Citibank official. […]

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Market Wrap: Bitcoin Declines, Resisting Seasonal Norm; Altcoins Mixed

Bitcoin (BTC) declined alongside other cryptos and stocks on Wednesday. Meanwhile, WAVES rallied by as much as 20% over the past 24 hours. The historical odds of positive monthly BTC returns diminish until Q4.

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Bitcoin and the Dow meet in middle and close in on $30K

Following the latest stock market plunge Wednesday, with stocks closing down close to 4%, the Dow Jones is trading at 31,500. In what would have seemed improbable not too long ago, the index is now staring down the barrel at the psychologically important 30,000 level.

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Market Wrap: Bitcoin and Stocks Rise After Fed Raises Rates; Growth Concerns Ease

Bitcoin (BTC) rose by as much as 5% over the past 24 hours, tracking moves in stocks, as the U.S. Federal Reserve eased concerns about slowing economic growth. Wednesday's rate hike was expected by market participants.

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Market Wrap: Bitcoin Stabilizes as Bearish Sentiment Pauses

Bitcoin (BTC) and other cryptos stabilized on Wednesday along with stocks. Some analysts are monitoring risks of a recession, which could weigh on speculative assets. Volume and volatility remain light.

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Market Update: Top 10 Cryptos All Down In The Red Today

The crypto was red on Wednesday night but took a nosedive on Thursday morning when it became clear that Russia was attacking Ukraine. Yesterday, US stocks went into freefall as tensions in Ukraine continued to escalate.

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Bitcoin briefly dips below $43K as Fed says rate hike ‘soon appropriate’

The odds are on for a March rate increase after Wednesday’s FOMC minutes, but stocks also fear geopolitical instability this week.

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Bitcoin Nosedives Below $38k As Tech Stocks Take A Beating, Pandemic Gains Disappears

Bitcoin was down in the afternoon session on Wednesday, as bargain hunters and dip takers failed to maintain this morning’s momentum. The premier crypto continues to maintain price action similar to tech stocks.

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Bitcoin Faces Grizzly Season As FED Prepares To Let Stocks Go Deeper Into The Correction Territory

On Thursday, Bitcoin’s price continues to whipsaw along the $36,500 area, hours after Jerome Powell’s speech following the latest monetary policy statement, behind a long-day price descent on Wednesday even as fresh fears of the FED raising borrowing costs to ward off ballooning inflation lingers.

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Bitcoin hits $37.5K, stocks recoup losses ahead of Wednesday’s FOMC statement

BTC and stocks bounced back from Monday’s onslaught as analysts speculate that the Fed’s upcoming rate hikes are beginning to be priced into the Bitcoin’s price action.

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Bitcoin and Stocks Go Green as Certainty Reached

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Bitcoin's $50K resistance to become support in Q4 — Bloomberg commodity strategist

BTC price surged toward $55,000 on Wednesday even as traditional risk assets such as stocks tumbled and the dollar rose.

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Stock Tokens, Even on Decentralized Platforms, Must Adhere to Securities Laws: SEC Chair

The US Securities and Exchange Commission (SEC) is renewing its efforts to impose “long overdue” rules for the registration and regulation of security-based swap execution facilities, including tokenized stocks, said Chair Gary Gensler on Wednesday.

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Bitcoin Cash price prediction: 3 reasons why BCH rebounded

The Bitcoin Cash (BCH/USD) price rebounded on Wednesday as cryptocurrencies and global stocks rallied. The coin rose to $$430, which was substantially higher than this week’s low of $382.   3 catalysts for BCH rebound The BCH price declined sharply on Monday as the fear and greed index crashed to the lowest level this year.

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Chinese crypto-linked stocks like Meitu see big corrections after Ethereum dump

Stocks of Chinese publicly listed companies fell sharply today after cryptocurrencies like Bitcoin, Ethereum, and others plunged massively on Wednesday, data from multiple sources shows. The post Chinese crypto-linked stocks like Meitu see big corrections after Ethereum dump appeared first on CryptoSlate.

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Cathie Wood’s ARK Funds Buy More Coinbase (COIN) Shares, Now Owning Just Under 1.3 Million

Cathie Wood has rebalanced the company's portfolio in favor of cryptocurrency stocks, yet again. ARK funds bought 187,078 shares of Coinbase on Friday, adding to the 341,186 shares purchased on Thursday and 749,205 purchased on Wednesday.

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Bitcoin Tumbles Under $52,000, In Line With Beaten Tech Stocks & The Rejoicing Dollar

Bitcoin has reverted Wednesday’s gain yet again. The report of Tesla starting to accept Bitcoin sent us above 57,000 only for the crypto asset to drop even lower to $51,500. People are, however, taking this as an opportunity to buy the dip.

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Bitcoin Mining Stocks Soar as BTC Blows Past $20K

Share prices for publicly traded bitcoin mining companies are climbing as the leading cryptocurrency sliced through $20,000 Wednesday.

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Bloomberg Goes Bullish on Bitcoin on Latest Nasdaq Decoupling

Bitcoin is on track of further price appreciation as it decouples from a classic positive correlation with tech stocks, according to Mike McGlone of Bloomberg Intelligence. On Wednesday, the senior commodity strategist highlighted the ongoing trend deviation between the flagship cryptocurrency and the Nasdaq 100 Stock Index — a benchmark that tracks the market performance […]

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Investors are More Interested in Bitcoin Than Stocks: TD Ameritrade

Lead anchor Oliver Renick, at the end of his six-minute-long market wrapup, claimed that investors are more interested in owning Bitcoin than the equities. He said the cryptocurrency has "a lot to go" since it is the only asset that performed bullish on the positive US stimulus news on Wednesday.

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Dow Jones Tanked 400 Points on Thursday, Sell-off in Tech Sector Continues to Drag Market Lower

Coinspeaker Dow Jones Tanked 400 Points on Thursday, Sell-off in Tech Sector Continues to Drag Market LowerThe mega-cap stocks in the tech sector continue with another round of correction after a momentary pause on Wednesday.

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First Mover: Bitcoin Rises More in One Day Than Stocks Have Gained All Year

Bitcoin prices surged 5% Wednesday, outpacing stocks and gold amid calls for more government stimulus to stem the fallout from the coronavirus pandemic.

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Remembering The Kodak Crypto ICO As Stock Prices Soar

Bitcoin’s signature volatility is finally returning, but not even the crypto market has been pumping like Kodak stocks. The photography powerhouse surged Wednesday as high as 500% intraday following news the Trump administration tapped the firm to produce generic pharmaceuticals.

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Bitcoin Glued on $10.5K Retest as Retail Interest Hits Record High

Bitcoin slipped on Wednesday in a choppy trading session that also saw the U. S. stocks heading lower. The cryptocurrency swung above and below $9,500 while briefly crashing to as low as $9,227 on Coinbase exchange.

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Visa, MasterCard, and AmEx Stocks Rose on Wednesday but Are Down Nearly 1-2% Today

Coinspeaker Visa, MasterCard, and AmEx Stocks Rose on Wednesday but Are Down Nearly 1-2% TodayCredit card stocks, Visa (V), MasterCard (MA) and American Express (AXP) rose 5. 4%, 6. 6% and 6.

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Facebook & Tesla Stocks Soar as Their CEOs Selfishly Exploit the Pandemic

Tesla & Facebook stocks surged Wednesday as Elon Musk & Mark Zuckerberg gave conflicting pandemic advice to benefit their bottom lines. The post Facebook & Tesla Stocks Soar as Their CEOs Selfishly Exploit the Pandemic appeared first on CCN.com

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Norwegian Cruise Line Shares Jumped Over 23% Yesteday, What Other Stocks Move Market?

Coinspeaker Norwegian Cruise Line Shares Jumped Over 23% Yesteday, What Other Stocks Move Market?The most hit industries like aviation, hotels, cruise lines, etc. showed a quick recovery on Wednesday after the Federal Reserve announced a $2 trillion package to support the ailing economy.

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Dow Is Up 1,200 Points But Few Are Touching Boeing. Here’s Why

Boeing isn't enjoying a robust rebound like most stocks Wednesday. The reasons: coronavirus and 737 Max recertification delays. The post Dow Is Up 1,200 Points But Few Are Touching Boeing. Here’s Why appeared first on CCN.com

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U.S. Stocks Slam on the Brakes as Fed’s Powell Expects Coronavirus to Disrupt Global Economy

The U.S. stock market remained on firm footing Wednesday afternoon as the Federal Reserve voted to keep interest rates on hold. The post U.S. Stocks Slam on the Brakes as Fed’s Powell Expects Coronavirus to Disrupt Global Economy appeared first on CCN.com

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U.S. Stocks Rise as Dovish Fed Maintains Low-Rate Pledge

The U.S. stock market remained on firm footing Wednesday afternoon as the Federal Reserve voted to keep interest rates on hold. The post U.S. Stocks Rise as Dovish Fed Maintains Low-Rate Pledge appeared first on CCN.com

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Dump These Dow Stocks When the Fed Cuts Rates Wednesday: CNBC Report

The Federal Reserve is poised to cut the base rate on Wednesday for the first time since the global financial crisis. The big question is what happens to the Dow and the S&P 500? Which Dow stocks will benefit from monetary easing at the Fed and which will suffer? CNBC tracked the stock market’s performance […] The post Dump These Dow Stocks When the Fed Cuts Rates Wednesday: CNBC Report appeared first on CCN Markets

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Dow Plunges After Caterpillar & Boeing Unleash Earnings Disaster

The Dow suffered a massive setback on Wednesday after two of its bellwether stocks published grisly earnings reports that raised questions about the health of the market. Dow Stumbles After 177 Point Rally The US stock market stumbled at the opening, thrusting all three major indices toward moderate declines.

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Dow Winces as Trade War Overwhelms Crucial Stocks

The Dow teetered toward a loss on Wednesday after President Trump exposed a lack of confidence in the state of trade negotiations with China. Trump’s unexpected remarks overwhelmed DJIA components with substantial ties to the world’s second-largest economy.

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