Latest Market News

Jan 25
Bitcoin holds onto 10% gains ahead of crucial Fed rate hike comments

Bulls lift the market higher on the back of a stocks resurgence, but the specter of the Fed is on the horizon. 4314 Total views 37 Total shares Bitcoin (BTC) held onto fresh upside on Tuesday after a resurgent stock market took the largest cryptocurrency above $37,500. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView. Fed […]

Jan 25
AMC reportedly in talks to refinance high-yielding debt, while stock drops for a 9th-straight day

Shares of AMC Entertainment Holdings Inc. AMC, -2.69% fell 4.9% toward an eight-month low in morning trading Tuesday, which puts them on track to suffer a ninth-straight decline. The stock has plunged 30.6% during its losing streak, which would be the longest since the 11-day stretch that ended on Jan. 5, 2021. The Wall Street […]

Jan 25
Indonesian regulator takes cue from Islamic NGOs, bars crypto sales for institutions

The warning from the Financial Services Authority (OJK) comes on the heels of several calls for a crypto ban from Islamic NGOs in the country. 474 Total views 9 Total shares Indonesia’s financial watchdog the Otoritas Jasa Keuangan (OJK) warned financial institutions in the country against offering or facilitating crypto-asset sales. On Tuesday, the official […]

Jan 25
Ebay to begin authenticating trading cards sold for $750 or more in the U.S.

Ebay Inc. EBAY, +0.20% said Tuesday that it is expanding its “Authenticity Guarantee” to trading cards. The e-commerce site will start with trading cards sold for $750 or more by mid-2022, and will extend the guarantee to those sold for $250 or more after that. The service also includes handbags sold for $500 or more, […]

Jan 25
McDonald’s jumps on Bitcoin memewagon, Crypto Twitter responds

As Bitcoin’s price started trading below the $40,000 mark, crypto millionaires and investors on Twitter started sharing memes about getting jobs at fast-food restaurants. 3317 Total views 47 Total shares Prominent crypto entrepreneurs and supporters, who shared memes on Twitter about doing odd jobs amid an ongoing market crash, were joined by global fast-food giant […]

Jan 25
Coronavirus tally: New York judge rules state's face mask mandate is unconstitutional

A New York State judge ruled Monday that the state’s face mask mandate in public places is unconstitutional and now void, the New York Times reported, citing court documents. Gov. Kathy Hochul enacted the mandate for all indoor public places including schools in December and later extended it to Feb. 1. But State Supreme Court […]