Latest Market News
U.S. stocks booked powerful gains Wednesday, with the Dow sweeping to its best day in a week, as investors focus on bright spots in second-quarter corporate earnings. The blue-chip Dow Jones Industrial Average DJIA, +1.29% powered almost 500 points higher, or 1.5%, ending near 32,888, which was its best daily percentage gain since July 27, […]
Fifty-one days have passed since Bitcoin (BTC) last closed above $24,000, causing even the most bullish trader to question whether a sustainable recovery is feasible. However, despite the lackluster price action, bulls have the upper hand on Friday’s $510 million BTC options expiry. Bitcoin index/USD 1-day price. Source: TradingView Investors have been reducing their risk […]
Gold prices finished lower on Wednesday, ending the longest streak of gains for the precious metal since April, as some traders reconsidered the odds of a pivot by the Federal Reserve away from its aggressive rate-hiking stance. December gold GCZ22, -0.69% GC00, -0.69% fell $13.30, or 0.7%, to settle at $1,776.40 an ounce on Comex, […]
After five trading sessions of declining, the BTC managed to reach stability and is even trying to grow a bit. The asset is mostly fluctuating at $23,412. There isn’t too much activity in the cryptocurrency. It could be explained by controversial external background, investors’ concerns about geopolitics, and so on. However, the fact is: the […]
EURUSD, “Euro vs US Dollar” After finishing the descending wave at 1.0190 and then forming a new consolidation range around this level, EURUSD has broken it to the downside. Later, the market may resume trading downwards with the target at 1.0100, or even extend this structure down to 1.0080. GBPUSD, “Great Britain Pound vs US […]
An innovation on the Bitcoin Lightning Network (LN) could shelter users from the price volatility of BTC by providing access to dollars. 740 Total views 51 Total shares Dollars at the click of a button on the Lightning Network could soon become a reality. An innovation from Galoy, the provider of open source core banking […]