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As the Federal reserve releases its position paper on CBDCs, the Russian Central Bank instigates yet another crypto ban scare. 950 Total views 30 Total shares Last week, two central banks dropped public reports that can have a sizable impact on the crypto landscape in their respective countries and beyond. The U.S. Federal Reserve published […]
Delta Air Lines DAL, +0.13% was upgraded to buy from hold by Berenberg analysts, who see “a better value propopsition than the European flag carriers. The U.S. airlines’ demand recovery is more advanced (partly due to their domestic bias), valuations are more compelling relative to history and balance sheets are generally in a better position; […]
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 […]