Latest Market News

Dec 31
Cruise stocks dive into negative territory after CDC recommends avoiding cruise travel

Shares of cruise operators took a dive into negative territory in midday trading Thursday, erasing earlier gains, after the U.S. Centers for Disease Control and Prevention said it now recommends avoiding cruise travel, “regardless of vaccination status,” but stopped short of requiring a pause in sailings. The CDC said it has raised its COVID-19 Travel […]

Dec 31
Cross chain DeFi hub Umee raises $32M with Coinlist token sale

The Cosmos-inspired DeFi platform Umee set records for a Coinlist public sale with nearly one million unique applicants and 63,000 total contributors. 792 Total views 35 Total shares Cross chain DeFi hub Umee’s token sale on Coinlist has broken the record for user interest on the platform and concluded with nearly $32 million raised. Coinlist […]

Dec 31
Gold futures resume rise Thursday to deepen finish above key price at $1,800/oz.

Gold futures on Thursday finished higher, pivoting upward despite gains in the U.S. dollar and a rally in stocks that took the Dow Jones Industrial Average DJIA, -0.25% and the S&P 500 SPX, -0.30% to intraday records, amid a continued downshift in omicron concerns. A retreat in Treasury yields TMUBMUSD10Y, 1.510% limited the early downward […]

Dec 31
Bitcoin has risen 7% to 36% in the first week of January each year since 2018

Some analysts are expecting big things for Bitcoin in the near future when all the institutional selling has completed and capital gets deployed to the market. 2452 Total views 26 Total shares Some crypto market analysts are highlighting the potential for a green first week on the crypto markets in January as part of what […]

Dec 31
Teva's stock swings to a sharp loss after jury finds its U.S. subsidiary violated rights of New Yorkers

Shares of Teva Pharmaceutical Industries Ltd. TEVA, -6.29% sank 4.6% in afternoon trading Thursday, reversing an earlier gain of as much as 3.1%, after New York Attorney General Letitia James said a jury found that the drug maker’s subsidiary Teva Pharmaceuticals USA and violated rights of New Yorkers, as a contributor to the opioid crisis. […]

Dec 31
DAO treasuries surged 40X in 2021: DeepDAO

DeepDAO ranks the Uniswap DAO, BitDAO and Lido Finance DAO as the top three in terms of treasury value at $2.9 billion, $2.4 billion and $602 million each. 924 Total views 35 Total shares The total combined value of treasuries, or assets under management (AUM) for the use of decentralized autonomous organizations, increased by around […]