Category: market
-
TA of the Day: Solana’s Surprising Comeback! What’s Next for SOL After Crypto Market Turmoil?
•
Cryptocurrencies It has seen a recovery from Monday’s massive sell-off, with Solana (SOL) leads the charge. Solana (SOL) has emerged as a strong competitor in the cryptocurrency market, often referred to as the “Ethereum Killer“.” Despite recent volatility, Solana offers compelling reasons for crypto traders to consider adding it to…
-
Stellar Shines With 11% Gain Despite Downbeat Market Mood
•
Stellar (XLM) is showing its strength as its price surges today, August 8, in the face of a slowing market recovery following the market decline that occurred earlier this week. According to Queen GeckoXLM price is up around 10% in an environment where most altcoins are still feeling the pain.…
-
Daily Broad Market Recap – August 7, 2024
•
Risk aversion returned to financial markets mid-week, but crude oil still managed to make good gains. What’s up with that and how did the rest of the asset classes perform? Here’s a quick summary of the headlines and economic updates that impacted the markets: headlines: China’s trade surplus July: $84.7…
-
Crude Oil Technical Analysis – Weak US data weighs on the market
•
Basic Overview Crude oil prices fell sharply in the latter half of last week as some very weak US data came out, first the ISM manufacturing PMI and then the non-farm payrolls report. The market eventually rebounded on Monday and extended its gains yesterday, with the appointment of a new…
-
Worst of market selloff might be over but hold on tight, Goldman says By Reuters
•
SINGAPORE (Reuters) – After a turbulent week in global markets, the worst of the sell-off may be over but investors need to “keep a tight rein on big directional bets for now,” Tony Pasquarello, Goldman Sachs’ global head of hedge fund coverage, said. In a note to clients on Wednesday…
-
Analysis-Slumping US tech stocks tempt some buyers to brave rocky market
•
By Louis Krauskopf NEW YORK (Reuters) – Investors are cautiously moving back into U.S. technology stocks after a sharp decline, even as some high valuations threaten to punish dip buyers if markets tumble again. After a sharp rally this year, the tech-heavy Nasdaq 100 has fallen more than 13% from…
-
CryptoQuant Bitcoin Cycle Indicator Says Bear Market Now On
•
The Bitcoin Cycle Index from analytics firm CryptoQuant suggests that Bitcoin has transitioned to a bearish phase after the crash. CryptoQuant’s Bitcoin Bull Bear Cycle Indicator is now in negative territory In new mail In X, CryptoQuant’s Head of Research, Julio Moreno, discussed the latest developments in “Bull and Bear…
-
Daily Broad Market Recap – August 6, 2024
•
A bit of calm has returned to the financial markets over the past few trading sessions, but we are still seeing significant movements between some major currencies and asset classes. Bitcoin saw a big rebound, closing up around 5% on the day while Treasury yields also made good gains. Here’s…
-
Bitcoin ETFs Suffer $168 Million Hemorrhage Amid Market Mayhem
•
After a sharp 10% drop in price, Bitcoin, Which temporarily stabilized at less than $50,000 before recovering to around $54,000, exchange-traded funds (ETFs) suffered from heavy flows On Tuesday, the total withdrawals amounted to about $168 million. This is the second consecutive day of large withdrawals, resulting in a total…
-
Bitcoin ETFs Suffer $168 Million Hemorrhage Amid Market Mayhem
•
After a sharp 10% drop in price, Bitcoin, Which temporarily stabilized at less than $50,000 before recovering to around $54,000, exchange-traded funds (ETFs) suffered from heavy flows On Tuesday, the total withdrawals amounted to about $168 million. This is the second consecutive day of large withdrawals, resulting in a total…
-
Blackrock Unshaken Despite Recent Bitcoin Market Crash, Data Shows
•
Meet Samuel Ideyemi, nicknamed HIM-buktu. A web3 content writer, journalist, and aspiring trader, Ideyemi is a multi-talented person. With his flair for words and sense of trends, he has written for several industry players, including AMBCrypto, Blockchain.News, Blockchain Reporter, and more. Edemi’s adventure into the world of cryptocurrencies was cinematic.…
-
Gold Technical Analysis – The global market rout sends gold lower
•
Basic Overview Ultimately, the collapse in global markets on Monday has been a stressor for gold. The reasons for this decline lie in the movement of real yields and liquidation due to the need for cash in extreme scenarios. In the big picture, real yields fall, which is good for…
-
Gold Technical Analysis – The global market rout sends gold lower
•
Basic Overview Ultimately, the collapse in global markets on Monday has been a stressor for gold. The reasons for this decline lie in the movement of real yields and liquidation due to the need for cash in extreme scenarios. In the big picture, real yields fall, which is good for…
-
Edenor Informs the Market the appointment of Mr. Daniel Marx as Chairman and CEO By Investing.com
•
Buenos Aires, August 6, 2024 /PR Newswire/ — Norte SA Distribution and Marketing Company (“equal“or the Company”; BYMA/NYSE: EDN), the largest electricity distribution company in ArgentinaAlternative Investments Company announces to the investor community that the company’s Board of Directors, in its meeting held today, approved the resignation of Mr. Neil…
-
FX Daily Review: Dollar Holds Steady Against Yen As Global Market Mayhem Eases
•
It’s only Tuesday, but what a week it’s already been! ? Yesterday, investors, traders and investors around the world experienced a rollercoaster ride as global stock markets plunged, but today they have partially recovered. An important factor contributing to these disturbances was the solution of thepregnancy tradeIt is a popular…
-
Aave Protocol Unfazed By Market Jitters, Surges 21%
•
Crypto lending protocol Aave has resumed its rally as the market resets. The platform’s token, AAVE, has surged nearly 20% in the past 24 hours, riding on momentum Wider The market is still up over 5% since yesterday. Related reading Recent developments at Aave have also contributed to this surge.…
-
Aave Protocol Unfazed By Market Jitters, Surges 21%
•
Crypto lending protocol Aave has resumed its rally as the market resets. The platform’s token, AAVE, has surged nearly 20% in the past 24 hours, riding on momentum Wider The market is still up over 5% since yesterday. Related reading Recent developments at Aave have also contributed to this surge.…
-
Crypto Market Recovery Ahead? JPMorgan Highlights Buy-The-Dip Moment
•
Banking giant JPMorgan Chase said that in the face of the ongoing cryptocurrency market liquidation across asset classes, Buy the Dip Opportunity This coin is expected to emerge soon. From its daily low of around $50,000, Bitcoin (BTC) has seen a dramatic 8%+ comeback to surpass $54,000 and cause short…
-
Crypto Market Recovery Ahead? JPMorgan Highlights Buy-The-Dip Moment
•
Banking giant JPMorgan Chase said that in the face of the ongoing cryptocurrency market liquidation across asset classes, Buy the Dip Opportunity This coin is expected to emerge soon. From its daily low of around $50,000, Bitcoin (BTC) has seen a dramatic 8%+ comeback to surpass $54,000 and cause short…
-
What investors should do when there is more volatility in the market
•
Breadcrumbs Path Links BMW PMN Business Article author: Associated Press Cora Lewis Published on August 6, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have an account. Trader Gregory Rowe works on the floor of the New…