Tag Archives: price

Bitcoin (BTC-USD) and Ethereum (ETH-USD) are tumbling in what has been an ugly start to the year for cryptocurrencies. Bitcoin, the largest digital cryptocurrency, has extended its slide to fall to as far as $39,558 Monday morning, dipping below the crucial $40,000 level for the first time since September 2021. It is nearing what is known as the “death cross,” a bearish indicator which occurs when the 50-day moving average dips below the 200-day moving average, and could mean bitcoin is… Source link

Crypto investors have cashed out over $135 billion dollars from the asset class so far in 2022, according to Coinmarketcap market cap data, and bitcoin (BTC-USD) is down around 7% year-to-date and hovering around $43,000 as of Thursday at 10 AM ET. “There are no signs of a decisive reversal in sight,” Mikkel Morch, executive director at digital assets hedge fund Ark36, told Yahoo Finance when asked about the largest cryptocurrency’s recent price action relative to its drawdown over the past… Source link

During the last ten years, we have been witnessing massive changes in the cryptocurrency sector. Bitcoin, for example, went from being an interesting experiment for a mainstream investor portfolio mainstay to a new asset class and digital gold. Bitcoin (BTC) Several factors support higher Bitcoin prices, including better acceptance by traditional companies and the rising demand from Bitcoin ETFs. Experts say Bitcoin has the possibility of topping $100,000 by the end of 2023 but some analysts… Source link

Home price growth in the U.S. has slowed for the third straight month. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 19.1% annual gain in October, down from 19.7% from September. The 20-City Composite posted a 18.4% annual gain, down from 19.1% a month earlier. The 20-City results came in very close to analysts’ expectations of a 18.5% annual gain, according to Bloomberg consensus estimates. “In October 2021, U.S. home prices moved… Source link

Google’s Pixel smartphones made a name for themselves because the camera was so good. Then, the competition caught up. In recent years, the phones have been good but not the best you could get. Now, that’s all changing thanks to the Pixel 6 series. There’s a smart simplicity to these phones that make them easy to use and the camera is spectacular. For my review, I used a Pixel 6 Pro provided by Google for the past few weeks. It is one of the few phones I didn’t want to… Source link

SpaceX CEO Elon Musk.Patrick Pleul/picture alliance via Getty Images SpaceX offered $150,000 for a home next to its launch facilities in Boca Chica, Texas, per NBC News. The offer was one-third of the price of similar waterfront houses in the village, the owner said. She told NBC that an agent representing SpaceX said her property could be seized by the state. A resident of a South Texas village told NBC News that SpaceX wanted to buy her house for $150,000 but that the company’s offer was… Source link

Ethereum (ETH-USD) is defying broad underperformance in cryptocurrencies, with its recent price gains reflecting a surge of interest in smart contract platforms that are being rapidly co-opted by the nonfungible token (NFT) boom.  Amid newfound investor interest, the digital coin’s performance has even eclipsed Bitcoin’s (BTC-USD), which has languished for over a month after setting a new record high near $68,000. Currently trading around $4,400, Ethereum is the second largest… Source link

Home price growth in the U.S. is starting to decelerate. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 19.5% annual gain in September, down from 19.8% from August. The 20-City Composite posted a 19.1% annual gain, down from 19.6% a month earlier. The 20-City results came in lower than analysts’ expectations of a 19.3% annual gain, according to Bloomberg consensus estimates. “If I had to choose only one word to describe September… Source link

Some haywire moves higher in money-losing electric vehicle makers such as Rivian and Lucid hint at the stock market forming an unhealthy bubble, argues Matt Maley, Miller Tabak chief markets strategist.  “It’s just a sign of an unhealthy stock market,” Maley said on Yahoo Finance Live. That may be an understatement.  While Rivian’s stock price (RIVN) plunged 15% to close at $146.07 on Wednesday, shares at one point on Tuesday were more than double the company’s IPO pricing of $78 from last… Source link

The median U.S. home price just passed $400,000 for the first time ever, according to data from the St. Louis Federal Reserve. In the third quarter the median home price hit $404,700, jumping nearly 20% since third quarter of 2020, when the median sales price was $358,700. Though it’s an eye-catching number, the market has been hot of late, and a lack of inventory and high demand means foretold the rise in home prices. According to a recent note from Goldman Sachs, home prices could rise… Source link