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Gold futures on Thursday finished higher, pivoting upward despite gains in the U.S. dollar and a rally in stocks that took the Dow Jones Industrial Average DJIA, -0.25% and the S&P 500 SPX, -0.30% to intraday records, amid a continued downshift in omicron concerns. A retreat in Treasury yields TMUBMUSD10Y, 1.510% limited the early downward […]
Some analysts are expecting big things for Bitcoin in the near future when all the institutional selling has completed and capital gets deployed to the market. 2452 Total views 26 Total shares Some crypto market analysts are highlighting the potential for a green first week on the crypto markets in January as part of what […]
Shares of Teva Pharmaceutical Industries Ltd. TEVA, -6.29% sank 4.6% in afternoon trading Thursday, reversing an earlier gain of as much as 3.1%, after New York Attorney General Letitia James said a jury found that the drug maker’s subsidiary Teva Pharmaceuticals USA and violated rights of New Yorkers, as a contributor to the opioid crisis. […]
DeepDAO ranks the Uniswap DAO, BitDAO and Lido Finance DAO as the top three in terms of treasury value at $2.9 billion, $2.4 billion and $602 million each. 924 Total views 35 Total shares The total combined value of treasuries, or assets under management (AUM) for the use of decentralized autonomous organizations, increased by around […]
Market timer Tom McClellan, publisher of the McClellan Market Report, warned of a “sharp drop” in the stock market “beginning imminently” and continuing for a couple of weeks into January. Among reasons for his view, chart signals suggest the recent rally in the Dow Jones Industrial Average DJIA, -0.25% and S&P 500 SPX, -0.30% to […]
There’s little to smile about when it comes to institutional participation in Bitcoin at the end of the year, data shows. 6251 Total views 57 Total shares Bitcoin (BTC) institutional demand is conspicuously wanting at the end of the year as data flags the “underperformance” of the United States’ first Bitcoin futures exchange-traded fund (ETF). […]