Category: market

  • J.​P. Morgan bullish Stablecoins – see the market ‘growing again’

    JP Morgan says the rise in cryptocurrencies/Bitcoin so far this year has been a major boost to growth in stablecoins: In contrast to last year when market participants were still reeling from the collapse of several prominent crypto entities, the regional banking crisis, and of course the Fed’s tightening campaign,…

  • Stock Market News Today: Markets notch new all-time high after economic data (SP500)

    The Standard & Poor’s 500 index of U.S. stocks on Wall Street on Wednesday hit an all-time daily high, after fresh economic data supported a scenario in which the Federal Reserve will be able to start easing monetary policy. Traders will see a cut session. Ahead of the Independence Day…

  • Daily Broad Market Recap – July 2, 2024

    Global assets were pricing in their individual headlines until the US session when high-profile calendar events influenced broader market themes. What are the headlines that moved the markets during the recent trading sessions? We have a breakdown for you: headlines: Minutes from the Reserve Bank of Australia’s June meeting highlighted…

  • Daily Broad Market Recap – July 2, 2024

    Global assets were pricing in their individual headlines until the US session when high-profile calendar events influenced broader market themes. What are the headlines that moved the markets during the recent trading sessions? We have a breakdown for you: headlines: Minutes from the Reserve Bank of Australia’s June meeting highlighted…

  • Market Expert Sees Big Things For LDO: $6 Price On Horizon

    Lido DAO (LDO), an innovative cryptocurrency trading solution on the Ethereum network, has been on a massive rise lately. After a stellar run, last week saw a sharp 24% drop, reflecting the turmoil in the broader cryptocurrency market. However, amid the decline, a sense of cautious optimism is brewing among…

  • Market Expert Sees Big Things For LDO: $6 Price On Horizon

    Lido DAO (LDO), an innovative cryptocurrency trading solution on the Ethereum network, has been on a massive rise lately. After a stellar run, last week saw a sharp 24% drop, reflecting the turmoil in the broader cryptocurrency market. However, amid the decline, a sense of cautious optimism is brewing among…

  • Daily FX Market Review: JPow Says Nothing Hawkish So Dollar Falls

    Today’s interesting news in Forex came from Portugal. Speaking at a panel discussion at the European Central Bank’s monetary policy conference in Sintra, Portugal, Federal Reserve Chairman Jerome Powell said: He expressed his satisfaction with the progress made in the area of ​​inflation. But he stressed that he wanted to…

  • Daily Broad Market Recap – July 1, 2024

    The absence of surprises from the French parliamentary elections over the weekend helped to kick off the third quarter of 2024 trading on a strong note on Monday. Which assets saw notable moves at the beginning of the week? We discuss the main market drivers in detail below! headlines: Canada…

  • Bitcoin Investors Place $500 Million In Spot BTC Bids Below Market Price

    Bitcoin appears to have started the week on the right foot, signaling the end of the correction that lasted throughout June. As investors continue to ponder Bitcoin’s price trajectory in July, on-chain data, price history, and strategic trading point to a bullish July. Despite the short-term volatility, many investors remain…

  • Bitcoin Investors Place $500 Million In Spot BTC Bids Below Market Price

    Bitcoin appears to have started the week on the right foot, signaling the end of the correction that lasted throughout June. As investors continue to ponder Bitcoin’s price trajectory in July, on-chain data, price history, and strategic trading point to a bullish July. Despite the short-term volatility, many investors remain…

  • Pepe set to overtake Shiba Inu in the crypto market this year

    Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Pepe is aiming to overtake the Shiba Inu in 2024, with Pepe Unchained, a new contender, raising $1.5 million in pre-sale. This year has been a big one for…

  • BTIG lowers AeroVironment shares target following cautious market response By Investing.com

    On Monday, BTIG revised its price target on the stock. AeroVironment AeroVironment (NASDAQ: ), a defense and aerospace company, cut its stock price to $245 from $255 previously, maintaining a buy rating on the stock. The company’s decision comes on the heels of AeroVironment’s recent investor day event held at…

  • Bitcoin Shoots Past $63K as Solana (SOL) Soars Toward $150: Market Watch

    The start of the new week saw the overall cryptocurrency market attempt to recover, with its capitalization pushing towards the important $2.5 trillion market, up 2.6% on the day. Bitcoin is now trading at around $63,000, and most altcoins are also making gains. There are some important events to watch…

  • Bitcoin Shoots Past $63K as Solana (SOL) Soars Toward $150: Market Watch

    The start of the new week saw the overall cryptocurrency market attempt to recover, with its capitalization pushing towards the important $2.5 trillion market, up 2.6% on the day. Bitcoin is now trading at around $63,000, and most altcoins are also making gains. There are some important events to watch…

  • Market Outlook for the Week of 1st – 5th July

    On Monday, the most important event will be the release of the ISM Manufacturing PMI and ISM Manufacturing Prices for the US. On Tuesday, the euro area will publish preliminary core CPI y/y and preliminary CPI y/y estimates. In addition, ECB President Lagarde and Fed Chair Powell will participate in…

  • Kenyan online gambling market sees growth with integration of cryptocurrency

    The online gambling market in Kenya is undergoing a major transformation with the integration of cryptocurrencies. This trend opens up new opportunities for both players and operators. Understanding the dynamics behind this shift is crucial to staying ahead of the industry. The rise of cryptocurrency in the online gambling industry…

  • Jobs, inflation data may break the US Treasury market out of narrow range By Reuters

    By David Randall NEW YORK (Reuters) – A series of upcoming economic reports and testimony from Federal Reserve Chairman Jerome Powell before Congress could push U.S. government bonds out of a tight trading range. Yields on benchmark 10-year US Treasury bonds, which move inversely with bond prices, have risen between…

  • Weekly Market Outlook (01-05 July)

    Upcoming events: Monday:China Caixin Manufacturing PMI, Swiss Retail Sales, US ISM Manufacturing PMI. Tuesday: Reserve Bank of Australia meeting minutes, Eurozone CPI, Eurozone unemployment rate, Canada manufacturing PMI, US jobs, Fed Chair Powell. Wednesday:Australian Retail Sales, China Caixin Services PMI, Swiss Manufacturing PMI, Eurozone PPI, US ADP, US Jobless Claims,…

  • How new EU regulation will affect the global crypto market

    From the beginning of July, cryptocurrency exchanges and stablecoin issuers in the European Union will operate in accordance with the rules set out in MiCA. The entry into force of the Markets in Cryptoassets Act (MiCA) on June 30 means big changes for the EU cryptocurrency industry. Among the key…

  • Stock market today: Positive momentum in Healthcare, Tech sees a mixed bag

    Stock heatmap from FinViz.com Fri, 28 Jun 2024 13:46:13 GMT Overview of today’s market dynamics The US stock market showed a mixed performance across sectors, with notable gains in healthcare driven by UnitedHealth (UNH) and mixed sentiment in the technology sector. Below is an in-depth look at the sectors, highlighting…