Tag Archives: price

Bloomberg Don’t Fear the Taper: Fed to Dominate Treasury Market for Years (Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Treasury investors fretting about when the Federal Reserve will scale back its bond purchases may be missing the bigger picture: Its more than $5 trillion stockpile will make it a major force for years to come.The prospect of a pullback in buying edged a little nearer Wednesday when minutes of the Federal Open… Source link

Reuters Bitcoin struggles for footing on worries over China, leverage Bitcoin, the biggest and most popular cryptocurrency, rose slightly to $38,072 after plunging 14% on Wednesday to its lowest since late January. Wednesday’s declines in both digital assets were their biggest daily percentage moves in more than a year as investors rushed to exit trades that until recently were heartily outperforming traditional markets such as stocks and bonds. But bitcoin had been under pressure for almost… Source link

The Crypto Fear and Greed Index, a metric that measures the current sentiment in the bitcoin market, has fallen to “extreme fear” levels not seen since April 2020, a report Tuesday showed. The drop in market sentiment follows the past week’s plunge in the bitcoin (BTC) price to about $43,200, down from last month’s record near $65,000. The Crypto Fear and Greed Index is now at 21, down from a “greedy” level of 73 just last week, according to the report from hosting site Alternative… Source link

TipRanks 3 “Strong Buy” Stocks Under $10 That Are Poised to Break Out Let’s talk a bit about growth and potential. The two are not always the same thing, but they both are vital for successful investing. The aim of all stock investments, after all, is to achieve growth – and that means finding stocks with the highest potential. It’s natural to gravitate toward the headline-grabbing, big-name giants; they’ve got huge market valuations, and have made their early investors very happy…. Source link

Elon Musk said that the satellite, dubbed Doge-1, would be the first-ever crypto in space and the ‘first meme in space’. Photo: Hannibal Hanschke/Reuters A tweet from Elon Musk saying that his SpaceX company would accept dogecoin (DOGE-USD) to fund a lunar mission next year failed to spur the price of the cryptocurrency on Monday. Dogecoin, which had been rallying last week as internet users tried to push the value of the coin to $1 (£0.70), was lower on the day, down 1.1% to $0.53. The Tesla… Source link

(Updates price, adds commentary) By Alden Bentley and Gertrude Chavez-Dreyfuss NEW YORK, May 9 (Reuters) – Dogecoin lost more than a third of its price on Sunday, after Tesla chief and cryptocurrency supporter Elon Musk called it a ‘hustle’ during his guest-host spot https://twitter.com/cryptoafricaedu/status/1391373668744372225?s=21 on the “Saturday Night Live” comedy sketch TV show. Dogecoin was quoted as low as $0.416 on crypto exchange Binance… Source link

Home price growth in the U.S. surged at the fastest pace in 15 years in February. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 12% annual gain in February, up from 11.2% in January. The rate is the highest year over year gain recorded by the index since February 2006. The 20-City Composite posted a 11.9% annual gain, up from 11.1% the previous month, beating consensus estimates of 11.9%, according to Bloomberg. “Housing’s strength… Source link

Bitcoin prices extended their recent decline late Thursday, falling for the seventh day in nine, to as low as $50,450. The largest cryptocurrency was changing hands around $51,800 as of 21:23 coordinated universal time (5:23 p.m. ET). Bitcoin (BTC) is down 9.8% since Sunday, the biggest drop on the weekly price charts since late February. Related: Bitcoin’s Drop From Biden’s Proposed Tax Hikes Not Likely to Last, BCB CEO Says A recent rally in prices for ether (ETH) and other alternative… Source link

Demand for cryptocurrencies in the country has been driven up recently by inflation pressures and a weaker Turkish Lira. The country’s annual inflation rose above 16% in March. Photo: Chesnot/Getty Images The price of bitcoin (BTC-USD) descended from record highs on Friday following a decision by Turkey’s central bank to ban cryptocurrencies for payments.  The Central Bank of the Republic of Turkey (CBRT) said the use of cryptocurrencies and other crypto assets based on distributed ledger… Source link

Bloomberg Coinbase Hits $100 Billion Then Slips in Landmark Crypto Listing (Bloomberg) — Cryptocurrency exchange Coinbase Global Inc. soared above a $112 billion valuation in its trading debut Wednesday, then slipped back below its opening price as Bitcoin fell from record highs and tech stocks fell across the board.The massive valuation, which dwarfs more traditional financial companies including Intercontinental Exchange Group Inc. and Nasdaq Inc. itself, is a landmark moment for the crypto… Source link