Latest Market News
On June 13, cryptocurrency prices plunged deeper into bear market territory after Bitcoin (BTC) sliced through its current trading range and briefly touched $22,600, its lowest level se since December 2020. According to BTC historical data, the market has now reached valuation metrics that show the price is severely oversold and perhaps near a bottom. […]
U.S. stocks closed sharply lower Monday, with the S&P 500 entering a bear market, amid heightened fears over high inflation ahead of the Federal Reserve’s two-day policy meeting that kicks off Tuesday. The Dow Jones Industrial Average DJIA, -2.79% tumbled almost 900 points to close 2.8% lower, while the S&P 500 SPX, -3.88% dropped 3.9% […]
The 2021 annual report (available in French – Dutch only) of the Belgian Audit Oversight Board (BAOB) is now available on its website. Source: FSMA
Older Bitcoin (BTC) mining rigs are finding it difficult to generate positive revenues during the ongoing crypto market decline. 75% drop in Bitcoin mining profitability The profitability of many Application Specific Integrated Circuit (ASIC) machines has dropped into the negative zone after Bitcoin’s fall below $24,000 this June 13, data fetched by F2Pool shows. Those […]
Shares of Boeing Co. BA, -9.21% took a 9.3% dive in afternoon, to pace the 28 of 30 Dow Jones Industrial Average DJIA, -2.89% components that were losing ground. The aerospace and defense giant’s stock’s price decline of $11.77 was shaving about 78 points off the Dow’s price, while the Dow dropped 754 points, or […]
The USDT stablecoin issuer, Tether, denies any correlation between its investment in Celsius and its reserves or stability. Source: Cointelegraph