Latest Market News
Every Bitcoin investor is searching for signals that the market is approaching a bottom, but the price action of this week suggests that we’re just not there yet. Evidence of this can be found by looking at the monthly return for Bitcoin (BTC), which was hit with a rapid decline that “translated to one of […]
Stocks ended sharply higher Friday, cementing a bounce that saw the Dow Jones Industrial Average end a streak of eight straight weekly declines, while the S&P 500 and Nasdaq Composite end a run of seven consecutive weekly declines. The Dow DJIA, +1.76% rose around 576 points Friday, or 1.8%, to close near 33,214, according to […]
The proposed environmentally conscious spot ETF was found to be insufficiently protected against fraud and manipulation, like many ETF proposals before it. 85 Total views 4 Total shares The United States Securities and Exchange Commission (SEC) maintained its perfect record for rejecting Bitcoin (BTC) spot exchange-traded fund (ETF) applications Friday when it disapproved a rule […]
U.S. stocks opened higher Friday after data showed the Federal Reserve’s preferred measure of inflation slowed in April. The Dow Jones Industrial Average DJIA, +1.59% was up 50 points, or 0.1%, while the S&P 500 SPX, +2.28% rose 0.8% and the Nasdaq Composite advanced 1.4%. The core personal consumption index showed a year-over-year rise of […]
After a 2-day break, EURUSD resumed its growth. The major currency pair is back to growing on Friday. The current quote for the instrument is 1.0746. Demand for the USD is not rather low right now. First of all, the global risk attitude is quite high. Secondly, the US Fed confirms its strategy to tighten […]
EURUSD, “Euro vs US Dollar” After forming a new consolidation range below 1.0730 and breaking it to the upside, EURUSD is expected to continue moving upwards and reach 1.0820. Later, the market may form a new descending structure with the target at 1.0640. GBPUSD, “Great Britain Pound vs US Dollar” Having formed a new consolidation […]