Latest Market News
Bitcoin (BTC) and most major altcoins are struggling to find a bottom, indicating that traders are dumping their positions out of fear. The big question on everyone’s mind is whether the selling is over or could the decline continue? UTXO Management senior analyst Dylan LeClair highlighted that the network cost basis, the average price at […]
Shares of Goldman Sachs Group Inc. GS, -0.15% sank $13.43, or 3.9% in morning trading Monday, enough to pace the 28-of-30 Dow Jones Industrial Average DJIA, +0.29% components that were losing ground, and putting them on track to close at a nine-month low. The stock’s price decline was shaving about 89 points off the Dow’s […]
The pain trade has been an unwelcome sight across the cryptocurrency market since the start of 2022 and over the past 24 days Bitcoin (BTC) and the altcoin prices have drifted, leading some analysts to suggest that a bear market is at hand. Despite traders’ concern that another extended crypto winter could be starting, it […]
With the S&P 500 SPX, +0.28% diving 3.0% in midday trading Monday toward the biggest one-day selloff in 15 months, more than half of the index’s components are trading in downtrend territory under some charting metrics, while nearly a third have fallen enough more than 20% from recent peaks. Currently 312, or 62%, of the […]
2021 saw significant growth in demand for LNG-powered vessels on the high seas. More than 10 operators announced multiple orders for vessels throughout the year; This reflects the awareness of shipowners and operators of the environmental and climate benefits of using LNG. A new report, “Liquefied Gas as a Transition Fuel”, released by the Multi-Sectoral […]
Asian and European markets are in the red on Monday with the weakness of US equities on past Friday being key catalyst of downward momentum. Investors increased demand for cash amid growing risk-off mood helping USD to stand out among G10 peers. Interestingly, 10-year bond yields extended decline after hitting 1.90% peak in the last […]