Latest Market News

Apr 21
US investors realized 6X more crypto gains in 2021 than next country

Crypto investors from the United States realized nearly $47 billion in gains during 2021, outpacing the UK by a factor of six. 115 Total views 9 Total shares Crypto investors from the United States realized crypto gains nearly six times higher in total than the UK, the second highest country in terms of realized gains.  […]

Apr 21
Few Starbucks customers will stop visiting if union efforts fail, analyst survey shows

BTIG analysts surveyed 1,000 Starbucks Corp SBUX, -1.29% customers and found that only 4% planned to stop visiting the coffee purveyor if negotiations with unions fail to result in an agreement. More than two-thirds (68%) said the effort would have no effect on their visitation habits, 15% said they would visit less often and 13% […]

Apr 21
Derivatives exchange dYdX to become ‘100% decentralized by EOY’

dYdX said that it is looking at full decentralization to offer its users advantages of DeFi that centralized services can’t. 688 Total views 69 Total shares Ethereum Layer 2-based crypto derivatives trading platform dYdX has vowed to become “100% decentralized by EOY” via the protocol’s V4 update. dYdX primarily offers perpetual contracts, which are derivatives […]

Apr 21
Tesla stock-option ‘straddle’ priced for post-earnings move of more than $66

A stock-options strategy known as a “straddle” on Tesla Inc.’s stock TSLA, -4.96% is priced Wednesday for a one-day, post-earnings move of $66.56, according to data provided by Option Research & Technology Services (ORATS) Principal Matt Amberson. That’s slightly less than average price move over the past 12 quarters of $67.27, ORATS data show. A […]

Apr 21
3.6M Americans to use crypto to make a purchase in 2022, research firm predicts

Analysts from Insider Intelligence believe that crypto’s transactional value will increase by 70% in 2022. 1850 Total views 122 Total shares The number of adults in the United States who will use crypto to make purchases in 2022 will increase to 3.6 million, according to a research firm. A report published by Insider Intelligence shows […]

Apr 21
Rite Aid’s stock rockets after the New York Post reported it rejected a buyout bid at a hefty premium

Shares of Rite Aid Corp. RAD, +10.81% rocketed as much as 38.5% intraday before paring gains to be up 18.7% in very active afternoon trading Wednesday, after the New York Post reported that the drugstore chain rejected earlier this month a buyout bid that valued the company at more than $800 million. Trading volume swelled […]