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The United States equities markets extended their decline to start the week on June 13. The S&P 500 hit a new year-to-date low and dipped into bear market territory, falling more than 20% from its all-time high made on Jan. 4.  The cryptocurrency markets are tracking the equities markets lower and the selling pressure further […]

Gold futures fell on Monday to settle at their lowest price in more than three weeks. A continued surge in U.S. Treasury yields to levels last seen in 2007, along with the strength of the U.S. dollar saw gold reverse the price rise seen at the end of last week, said Michael Hewson, chief market […]

The E-Stablecoin would require several scientific advancements that are already in the works, and would allegedly make it possible to transmit electricity almost for free. 6669 Total views 47 Total shares Researchers at the federally funded Lawrence Livermore National Laboratory in California have combined statistical mechanics and information theory to design a class of stablecoin […]

The S&P 500’s SPX, -3.88% top 9 companies by market capitalization have lost a total of more than $1 trillion in value the past four days. The S&P 500 has lost 3.0% in afternoon trading Monday as surging inflation and interest rates fuel recession fears. The index has sunk 9.1% over the past four sessions, […]

What goes up must come down. And then go up again. Then come down again. And on and on and on… 2272 Total views 9 Total shares Crypto traders and investors started out the week with a major shock to the markets. As assets across the blockchain industry went into a collective dive on Monday, […]

Oil futures finished higher on Monday after touching their lowest levels in nearly a week on concerns that renewed lockdowns in China would lead to lower energy demand. “Risk appetite is quickly leaving Wall Street and one of the few trades that is still looking attractive is oil,” said Edward Moya, senior analyst at OANDA. […]