Stocks trim gains as China signals readiness for trade talks

Stocks trimmed gains, led by global chip makers, to see the U.S. stock market opened on Wednesday, April 16. Although the likes of Nvidia were slightly up as investors reacted to news China had indicated its readiness to engage the…

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How will the FOMC decision affect Bitcoin and altcoin prices?

Bitcoin, altcoins, and other assets like stocks and bonds traded within a tight range on Wednesday as the market awaited the first interest rate decision of the year. Bitcoin (BTC) traded at $102,000, while popular altcoins like Ethereum (ETH), Ripple…

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Bitcoin Slides to $66K, Ether Dives 5% in Market-Wide Selloff

Cryptocurrencies weren't spared as stocks, bonds, gold and oil all declined on Wednesday.

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Altcoins Surge Leaving Bitcoin and Ether Behind After Fed Cuts Interest Rate

Bitcoin may have outperformed stocks in the aftermath of the Federal Reserve’s decision to lower interest rates on Wednesday, but the true winners in the crypto universe are altcoins.

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Akash, Render, Bittensor tokens brace for Nvidia earnings

Artificial Intelligence-focused cryptocurrencies — and stocks — will be in the spotlight next week as Nvidia publishes its quarterly results after the closing bell on Wednesday, Aug. 28.  Ahead of the event, Akash Network (AKT) has risen by 10% in…

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Toncoin, Notcoin, Celestia rises as July US inflation drops

Annual consumer prices retreated in August, raising hopes that the Federal Reserve will start cutting interest rates in its September meeting. Cryptocurrencies and U. S. stocks continued rising on Wednesday, Aug.

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Bitcoin mining stocks are crawling back, but gains could be brief

Bitcoin mining stocks bounced back in Wednesday’s pre-market session, helped by the recent BTC rebound.   Riot Platforms shares rose by over 1%, while Marathon Digital, the biggest miner in the industry, rose by 1.

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Crypto price forecasts: Render, Floki, Arweave

Cryptocurrencies and stocks rebounded on Wednesday after the weak US inflation data and as investors bought the recent dip. Bitcoin approached the key $70,000 level while futures tied to the Dow Jones and Nasdaq 100 indices rose by 365 and…

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Robinhood adds trading support for SHIB, AVAX, and COMP for New York users

Robinhood has added support for three new tokens for traders in New York. An update the stocks and crypto trading app shared on Wednesday listed Shiba Inu (SHIB), Avalanche (AVAX), and Compound (COMP) as the three new tokens its users in New York can now trade.

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Marathon, Riot stocks surge as Bitcoin climbs to $44k

Bitcoin (BTC) price surged to above $44,000 on Wednesday, reaching the price level after a recent dip towards the $40k zone. As the flagship cryptocurrency’s price rose, with 5% gains in 24 hours, the stocks of top Bitcoin mining companies mirrored the upside.

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Asian markets surge as European stocks show mixed performance

Asian stocks surged across the board on Wednesday led by South Korean market, while European markets had a mixed day.

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Crypto Exchange Kraken Enters TradFi; To Offer Stock Trading As Soon As 2024

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3 altcoins to buy in the next crypto bull run: Chainlink, FIL, Cardano

Cryptocurrency prices have held steady in the past few weeks even as American stocks have retreated. As I wrote on Wednesday, the Russell 2,000 index has moved into a correction zone as it plunged by more than 12% from its peak.

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Bitcoin holds steady as DXY advance hurts stocks

Bitcoin rose to $26,820 on Wednesday, trading in the opposite direction to stocks as the Dollar Index hit a 10-month high. An easing for the DXY could see Bitcoin price strengthen above the $26k base.

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Bullish investors see opportunity in Shiba Memu as crowd bets against markets

Crypto markets’ continued uncertainty has traders increasingly bearish. The total crypto market capitalization is down nearly 2% in the past 24 hours to $1. 18 trillion. The Fed’s interest rate outlook as hinted in minutes released Wednesday hasn’t helped stocks either.

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Chancer presale catches the eye as Fed resumes rate hikes

Fed is expected to announce a 0. 25% rate hike after its two-day meeting on Wednesday. Stocks and cyptocurrencies have traded largely flat or lower amid investor anxiety over next moves by the central bank.

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Crypto price prediction after the Fed rate pause: implication for Chancer

Cryptocurrencies and stocks retreated after the Federal Reserve delivered its June interest rate decision on Wednesday. In the United States, the Dow Jones fell by 220 points while the Russell 2000 index fell by more than 1.

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Crypto price prediction: BNB, Cardano and Polygon

 BNB, Cardano and Polygon were looking to break key resistance areas as crypto prices rose late Wednesday. Stocks jumped as all the major US indices ended the day higher while Bitcoin bounced above $27,400 again.

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Crypto-Related Stocks Drop Alongside Bitcoin on CFTC Binance Suit

Shares of rival crypto exchange Coinbase fell by the most since Wednesday.

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Federal Reserve Decision Looms Over Bitcoin’s 40% Rally

The Federal Reserve policy decision this Wednesday could impact Bitcoin's 40% rally, along with growth in the crypto, stocks, and bonds markets. The market is optimistic about a Fed pivot to slower interest-rate hikes, but Chair Jerome Powell may stress that policy will remain restrictive to damp prices, causing potential volatility.

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Coinbase stock soars 11% amid $100 million settlement with NY regulator

Coinbase (NASDAQ: COIN) shares spiked more than 11. 6% on Wednesday and were trading around $37. 50 at 11:30 am ET. COIN’s gains followed the latest crypto-related news for the leading US-based cryptocurrency exchange, with the gains also happening as stocks looked to stage an upside move amid multiple sets of economic news.

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Bitcoin holding $16K amid worst annual performance since 2018

Bitcoin was changing hands near $16,600 on Wednesday, about 1% down in the past 24 hours. The cryptocurrency is heading for its worst yearly returns since 2018. Stocks have also hit a brutal patch in 2022, with major US indexes headed for their worst annual returns since 2008.

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Litecoin price: Here’s why LTC has spiked 34% this week

Litecoin (LTC/USD) has traded higher in the past one month, and added to the momentum with a double-digit gain on Wednesday to breach the $80 price level for the first time since May. As the cryptocurrency market looked to bounce alongside stocks amid fresh buying amid a November rally, Litecoin rose more than 11% to […] The post Litecoin price: Here’s why LTC has spiked 34% this week appeared first on Invezz.

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Crypto Stocks Continue Drop as Binance Walks Away from FTX Deal

Concerns around FTX's health along with the broader crypto ecosystem spilled into the stock market Wednesday.

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Cardano Weighs on Crypto Majors After US Tech Stocks Plunge

Shares of big tech companies slid on Wednesday and Thursday following dismal earnings reports.

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Dogecoin, Cardano Weigh on Crypto Majors After US Tech Stocks Plunge

Shares of big tech companies slid on Wednesday and Thursday following dismal earnings reports.

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With Bitcoin and Stocks Flat, Rally in DeFi Tokens Gets Notice

While top crypto assets like bitcoin and ether and traditional markets stay flat on Wednesday, DeFi assets shine.

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Crypto-Linked Stocks Rally After Fed Rate Hike

Cryptocurrency-exposed stocks rose as Bitcoin and Ethereum advanced following Wednesday's Federal reserve meeting which included a rate hike.

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Mike McGlone Pronounces Bitcoin A Wild Card That Will Outperform Stocks

Despite the ongoing bear market and bitcoin price decline, some analyst still retains their confidence in Bitcoin. The Bloomberg Analyst Mike McGlone is one of them. He took to Twitter on Wednesday to express his thoughts about the most popular cryptocurrency.

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Market Wrap: Bitcoin Rises Slightly Along With Stocks

U. S. equity indexes snapped a three-day losing streak on Wednesday, dragging along crypto assets. Bitcoin and other crypto assets rose along with U. S. stocks, which broke a three-day losing streak on Wednesday as investors' appetite for riskier assets returned.

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Citibank, Swiss Crypto Firm Partner To Develop Bitcoin Custody Services

Citibank, a major global banking institution, revealed on Wednesday that it has hired Switzerland-headquartered crypto custody firm Metaco to establish a digital asset custody platform. The collaboration will focus on tokenized securities, which are representations of stocks and bonds that are transferred and settled using blockchain technology, according to an email from a Citibank official. […]

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Market Wrap: Bitcoin Declines, Resisting Seasonal Norm; Altcoins Mixed

Bitcoin (BTC) declined alongside other cryptos and stocks on Wednesday. Meanwhile, WAVES rallied by as much as 20% over the past 24 hours. The historical odds of positive monthly BTC returns diminish until Q4.

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Bitcoin and the Dow meet in middle and close in on $30K

Following the latest stock market plunge Wednesday, with stocks closing down close to 4%, the Dow Jones is trading at 31,500. In what would have seemed improbable not too long ago, the index is now staring down the barrel at the psychologically important 30,000 level.

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Market Wrap: Bitcoin and Stocks Rise After Fed Raises Rates; Growth Concerns Ease

Bitcoin (BTC) rose by as much as 5% over the past 24 hours, tracking moves in stocks, as the U.S. Federal Reserve eased concerns about slowing economic growth. Wednesday's rate hike was expected by market participants.

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Market Wrap: Bitcoin Stabilizes as Bearish Sentiment Pauses

Bitcoin (BTC) and other cryptos stabilized on Wednesday along with stocks. Some analysts are monitoring risks of a recession, which could weigh on speculative assets. Volume and volatility remain light.

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Market Update: Top 10 Cryptos All Down In The Red Today

The crypto was red on Wednesday night but took a nosedive on Thursday morning when it became clear that Russia was attacking Ukraine. Yesterday, US stocks went into freefall as tensions in Ukraine continued to escalate.

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Bitcoin briefly dips below $43K as Fed says rate hike ‘soon appropriate’

The odds are on for a March rate increase after Wednesday’s FOMC minutes, but stocks also fear geopolitical instability this week.

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Bitcoin Nosedives Below $38k As Tech Stocks Take A Beating, Pandemic Gains Disappears

Bitcoin was down in the afternoon session on Wednesday, as bargain hunters and dip takers failed to maintain this morning’s momentum. The premier crypto continues to maintain price action similar to tech stocks.

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Bitcoin Faces Grizzly Season As FED Prepares To Let Stocks Go Deeper Into The Correction Territory

On Thursday, Bitcoin’s price continues to whipsaw along the $36,500 area, hours after Jerome Powell’s speech following the latest monetary policy statement, behind a long-day price descent on Wednesday even as fresh fears of the FED raising borrowing costs to ward off ballooning inflation lingers.

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Bitcoin hits $37.5K, stocks recoup losses ahead of Wednesday’s FOMC statement

BTC and stocks bounced back from Monday’s onslaught as analysts speculate that the Fed’s upcoming rate hikes are beginning to be priced into the Bitcoin’s price action.

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Bitcoin and Stocks Go Green as Certainty Reached

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Bitcoin's $50K resistance to become support in Q4 — Bloomberg commodity strategist

BTC price surged toward $55,000 on Wednesday even as traditional risk assets such as stocks tumbled and the dollar rose.

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Stock Tokens, Even on Decentralized Platforms, Must Adhere to Securities Laws: SEC Chair

The US Securities and Exchange Commission (SEC) is renewing its efforts to impose “long overdue” rules for the registration and regulation of security-based swap execution facilities, including tokenized stocks, said Chair Gary Gensler on Wednesday.

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Bitcoin Cash price prediction: 3 reasons why BCH rebounded

The Bitcoin Cash (BCH/USD) price rebounded on Wednesday as cryptocurrencies and global stocks rallied. The coin rose to $$430, which was substantially higher than this week’s low of $382.   3 catalysts for BCH rebound The BCH price declined sharply on Monday as the fear and greed index crashed to the lowest level this year.

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Chinese crypto-linked stocks like Meitu see big corrections after Ethereum dump

Stocks of Chinese publicly listed companies fell sharply today after cryptocurrencies like Bitcoin, Ethereum, and others plunged massively on Wednesday, data from multiple sources shows. The post Chinese crypto-linked stocks like Meitu see big corrections after Ethereum dump appeared first on CryptoSlate.

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Cathie Wood’s ARK Funds Buy More Coinbase (COIN) Shares, Now Owning Just Under 1.3 Million

Cathie Wood has rebalanced the company's portfolio in favor of cryptocurrency stocks, yet again. ARK funds bought 187,078 shares of Coinbase on Friday, adding to the 341,186 shares purchased on Thursday and 749,205 purchased on Wednesday.

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Bitcoin Tumbles Under $52,000, In Line With Beaten Tech Stocks & The Rejoicing Dollar

Bitcoin has reverted Wednesday’s gain yet again. The report of Tesla starting to accept Bitcoin sent us above 57,000 only for the crypto asset to drop even lower to $51,500. People are, however, taking this as an opportunity to buy the dip.

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Bitcoin Mining Stocks Soar as BTC Blows Past $20K

Share prices for publicly traded bitcoin mining companies are climbing as the leading cryptocurrency sliced through $20,000 Wednesday.

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Bloomberg Goes Bullish on Bitcoin on Latest Nasdaq Decoupling

Bitcoin is on track of further price appreciation as it decouples from a classic positive correlation with tech stocks, according to Mike McGlone of Bloomberg Intelligence. On Wednesday, the senior commodity strategist highlighted the ongoing trend deviation between the flagship cryptocurrency and the Nasdaq 100 Stock Index — a benchmark that tracks the market performance […]

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