Latest Market News
Bank of America BAC, -1.32%, Citigroup C, -2.33%, Goldman Sachs Group Inc. GS, -1.56%, JPMorgan Chase & Co. JPM, -1.69%, Morgan Stanley MS, -1.98% and Wells Fargo & Co. WFC, -0.76% are taking part in a pilot program on climate change with the federal government starting in 2023, the Federal Reserve Board said Thursday. The […]
The decline in profitability for long-term holders reached a level last seen during the peak of the bear market in 2018. However, the market bottomed and bounced back during the previous cycle. 1146 Total views 23 Total shares Bitcoin’s (BTC) long-term profitability has declined to levels last seen during the previous bear market in December […]
Micron Technology Inc. shares MU, -1.94% perked up in premarket trade Friday, after news that Japan will give the company a subsidy of up to 46.5 billion yen ($320 million) to make advanced memory chips at its Hiroshima plant. The news was announced by Japan’s industry ministry, Reuters reported. It comes after a visit to […]
A 2-day recovery of the BTC slowed down on Friday. The major crypto is consolidating at $19,600. It’s higher than strategic support levels of $18,000-$19,000, which were able to survive again. However, it’s lower than the resistance area at $21,500, which may lead the way to $22,000 where the asset may start a proper growth. […]
The major currency pair moved away from the local bottom. The current quote for the instrument is 0.9800. The “greenback” dropped yesterday due to the decline in the US bond yield. Another thing that put pressure on the American currency was the strengthening of the offshore exchange rate of Chinese yuan. It looks rather unusual, […]
A key concern is that the firm hasn’t explicitly outlined what it will do with the stablecoin sale proceeds. 760 Total views 19 Total shares State regulators from Texas and Vermont have filed a motion objecting to embattled crypto lender Celsius’ plans to sell off its stablecoin holdings. Separate motions from both regulators filed on Sept. […]