Latest Market News

Numerous governments have tried to ban Bitcoin mining, but data and insights from those in the mining industry suggest that this is easier said than done. Source: Cointelegraph

Stocks fell sharply Thursday, more than erasing a bounce that followed the Federal Reserve’s 75 basis point rate hike in the previous session, with analysts citing intensifying recession fears as global central banks aggressively tighten monetary policy. The Dow Jones Industrial Average DJIA, -2.42% dropped around 739 points, or 2.4%, to end near 29,929, according […]

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Analysts say the entire crypto market is in for a very long consolidation and accumulation period following BTC’s current drop to 2017 highs. 2891 Total views 6 Total shares Crypto traders had a brief opportunity to pause and take stock of where things are on June 16 as the relentless selling that has hammered Bitcoin […]

Shares of Adobe Inc. ADBE, -3.14% fell nearly 5% in the extended session Thursday after the software company reported fiscal 2022 second-quarter results above Wall Street expectations and tweaked revenue expectations for the year. Adobe said it earned $1.18 billion, or $2.49 a share, in the quarter, compared with $1.12 billion, or $2.32 a share, […]

President Joe Biden said a U.S. recession is “not inevitable” in an interview with the Associated Press. Speaking to the news service in the Oval Office, Biden said the U.S. is “in a stronger position than any nation in the world to overcome this inflation.” Biden spoke a day after the Federal Reserve demonstrated it […]