Category: gains
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Gold takes a quick dive, erasing today’s gains
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The problem with gold is that it’s a good asset to hold when things are a little bit bad in the markets. But when things get really bad, it gets sucked into the financial maelstrom. That’s what happened at the start of Covid and that’s what’s happening now (to a…
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Monero leads top altcoins in 24-hour gains despite sea of red
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Monero is currently the highest performing cryptocurrency among the top 100 coins by market cap over the past 24 hours. On August 2, Monero (XMR) surged above $164, posting an intraday gain of around 5%, while most crypto markets struggled and Wall Street traded in deep red. Monero, a privacy…
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Silicon Valley Bank’s former owner gains approval to end bankruptcy By Reuters
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By Dietrich Knuth NEW YORK (Reuters) – SVB Financial Group, the former owner of failed Silicon Valley Bank, received permission from a U.S. judge on Friday to hand over its assets to creditors and end its bankruptcy. Its bankruptcy restructuring allowed it to create a fund to continue litigation against…
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Asia FX muted with yen steady ahead of BOJ; dollar gains before Fed By Investing.com
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Most Asian currencies remained in a narrow range on Tuesday amid caution ahead of a series of economic signals this week, with the yen steady amid uncertainty over a potential interest rate hike by the Bank of Japan. The dollar recovered slightly as expectations of a Federal Reserve meeting grew,…
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Dogecoin Price (DOGE) Eyes Impressive Gains: Will It Break Through?
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Ayush Jindal, one of the most prominent figures in the world of financial markets, has over 15 years of experience in Forex and cryptocurrency trading. Known for his unparalleled proficiency in providing technical analysis, Ayush is a trusted advisor and market expert to investors across the globe, guiding them through…
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US stocks close the week with gains on the day. S&P and Nasdaq lower for the week.
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US stocks closed the week with gains during the day. The S&P and Nasdaq remained lower for the week. The Dow Jones and Russell 2000 index of small companies closed higher, with the Russell 2000 the best performing index among the traded indices on hopes that lower interest rates will…
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4 bullish signals are pointing to more stock gains ahead, according to Bank of America
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Spencer Platt/Getty Images Bank of America technical analyst Steven Suttmeyer says the stock market is likely to continue rising. In a note on Tuesday, Suttmeyer highlighted four positive signs that point to a healthy bull market. “The rotation, which is the lifeblood of a bull market, suggests that the S&P…
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XRP Price Eyes Upside Break: Will The Gains Keep Rolling?
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XRP price started rising from the $0.540 area. The price is now rising and targeting an upside breakout above the $0.600 resistance area. XRP price started a fresh rally above the $0.580 area. The price is now trading above the 0.580 level and the 100-hour simple moving average. There is…
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XRP Price Eyes Upside Break: Will The Gains Keep Rolling?
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XRP price started rising from the $0.540 area. The price is now rising and targeting an upside breakout above the $0.600 resistance area. XRP price started a fresh rally above the $0.580 area. The price is now trading above the 0.580 level and the 100-hour simple moving average. There is…
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WIF, HNT, CORE, and PEPE boast over 40% in weekly gains
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Dogwifhat, Helium, Core, and Pepe emerged as the biggest gainers in the cryptocurrency market over the past week, with each coin seeing a price increase of over 40%. Dogs Dogwifhat (WIF) has seen a surge of over 50% over the past seven days, trading at $2.56 at the time of…
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NPC token gains 32% following Elon Musk post
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A seemingly innocuous post by X owner Elon Musk has helped push the price of the little-known non-playable coin (NPC) by over 32%. On July 20, Musk posted a video of popular reporter and influencer Mario Novell on his X account. In the video, Novell engages in a discussion about…
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Dogwifhat rallies; PEPE, FLOKI record double-digit gains
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Dogwifhat is up over 58% in the past week and 3.8% at its last check on Saturday. The dog-themed coin is facing strong resistance at $1.6809, with additional resistance levels at $1.7204 and $1.8468. Dogwifhat (WIF), a token inspired by a popular internet image of a Shiba Inu dog wearing…
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Dogwifhat rallies; PEPE, FLOKI record double-digit gains
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Dogwifhat is up over 58% in the past week and 3.8% at its last check on Saturday. The dog-themed coin is facing strong resistance at $1.6809, with additional resistance levels at $1.7204 and $1.8468. Dogwifhat (WIF), a token inspired by a popular internet image of a Shiba Inu dog wearing…
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Bitcoin Pokes Above $67K as Altcoins See Considerable Gains (Weekend Watch
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The cryptocurrency market saw a massive recovery yesterday after starting the day very slowly and even falling significantly. However, buyers stepped in and pushed Bitcoin to over $67,000, while many altcoins are posting impressive returns. Bitcoin price exceeds $67,000 Bitcoin is up about 5% on the day, marking an impressive…
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HMRC gains only £14.4m in extra tax from insolvencies since regaining preferential creditor status
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HMRC has collected an extra £14.4m in tax from insolvency cases over the two tax years to 2023 since regaining its “preferential creditor” status. The preferential status known as “coronavirus preference” was reinstated for HMRC in December 2020, giving it priority in recovering tax owed from insolvent businesses ahead of…
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XRP Skyrockets 40% As Speculation Of Ripple-SEC Settlement Gains Momentum
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XRP, at the center of a high-stakes legal battle with major implications for the industry, has taken the lead in the recent surge in cryptocurrency prices amid growing speculation that Ripple, the blockchain payments company behind XRP, may be close to Colony With US regulators. Legal dispute between Ripple and…
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Dollar slips, while yen soars on intervention talk, sterling gains after UK CPI By Investing.com
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Investing.com – The U.S. dollar fell to multi-month lows on Wednesday, while the Japanese yen rose sharply and sterling climbed to a one-year high after better-than-expected U.K. inflation data. At 05:40 ET (09:40 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down…
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S&P 500, Dow surge to record highs as blue chip index gains over 700 points
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Investors are confident that the Federal Reserve will cut interest rates by the end of its meeting in September. As of Tuesday morning, markets were pricing in a 100% chance of a rate cut in September, According to CME FedWatch TooNo, up from 70% a month ago. The increased confidence…