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It’s not looking great for Bitcoin on short timeframes, and Ethereum is becoming an increasingly popular bet instead. 4378 Total views 56 Total shares Bitcoin (BTC) crisscrossed $47,000 on Jan. 3 as the first Wall Street trading days of 2022 got off to a modest start. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Ethereum steals […]
Traders are back to pricing in a better-than-50% chance that the first rate hike by the Federal Reserve will arrive in March, as the first trading day of the year kicked off with renewed optimism that rising COVID-19 cases may have a more limited economic impact than previously thought. Data compiled by the CME Group Inc. […]
Nonfungible tokens, or NFTs, have become one of the most discussed markets in the crypto space this year. A recent report from Cointelegraph Research found that NFT sales are aiming for a $17.7 billion record by the end of 2021. This may very well be the case, as a number of mainstream brands have begun […]
Pfizer Inc. PFE, -3.24% and BioNTech SE BNTX, -5.52% announced Monday that the U.S. Food and Drug Administration has granted Emergency Use Authorization of a booster dose of the companies’ COVID-19 vaccine into people ages 12 years and older. Previously, the FDA had only authorized a booster for people aged 16 years and older. “The […]
The number of billionaires who have invested in crypto increased last year, and that trend could continue into 2022 as fears over fiat intensify. 15078 Total views 158 Total shares Previously anti-crypto investors are increasingly turning to Bitcoin (BTC) and its brethren as a hedge against fiat currency inflation concerns. One example is Hungarian-born billionaire […]
Shares of Nio Inc. NIO, -2.28% shot up 4.6% in premarket trading Monday, after the China-based electric vehicle maker announced record fourth-quarter deliveries. The stock’s bounce comes after it tumbled 19.0% in December, the worst monthly performance since it dropped 19.7% in February, and hit a 14-month closing low of $28.16 on Dec. 20. Over […]