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With the surging popularity of nonfungible tokens (NFTs), many have taken to “flipping” these assets as a trading strategy. Around 64% of people in a recent survey said their top reason for buying an NFT was “to make money.” Blockchain monitoring software company DEXterlab polled more than 1,300 people on Twitter about their NFT buying […]

Choice Hotels International Inc. CHH, -4.17% said Monday it has agreed to acquire Radisson Hotel Group Americas for about $675 million in a deal expected to close in the second half. The purchase includes the franchise business, operations and IP of Radisson Hotels in the U.S., Canada, Latin America and the Caribbean, including the real […]

Bitcoin (BTC) begins a new week with a totally different feel to last as BTC/USD seals its lowest weekly close since December 2020. A night of losses into June 13 means that the largest cryptocurrency is now edging closer to beating its ten-month lows from May. The weakness has left few guessing: shock inflation data […]

Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein. Source: Marketwatch

The key event next week will be the Fed meeting on Wednesday. The central bank will release an updated dot plot, which will reflect the FOMC’s expectations for the path of the interest rate next year, as well as in the long term. This will probably be the most significant information for markets. With inflation […]

Bitcoin (BTC) ATM installations have marked a new comeback as June 2022 saw the reversal of the five-month-long downward trajectory for the first time this year.  The global ATM installations worldwide fell consistently throughout the year, with May reporting the lowest number of 205 ATM installations. However, June saw the installation of over 882 ATMs […]