Category: market
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Daily Broad Market Recap – June 17, 2024
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The lack of new catalysts sent major financial assets all over the charts today. What headlines impacted closely watched assets yesterday? Here are the main topics you should know! Titles: BusinessNZ Service Performance Index It fell 3.6 points to 43.0 in May. It arrived “Levels of deflation are greater than…
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$1 Trillion Market Cap Prediction
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The cryptocurrency landscape is constantly evolving, with new developments and innovations emerging at a rapid pace. One coin that has captured the attention of the cryptocurrency community is Shiba Inu (SHIB), a meme-inspired digital asset that has defied expectations and seen remarkable growth. Recently, renowned cryptocurrency expert, Casey Stubbs, founder…
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Nova nears record $7b market cap
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The Israeli company’s share price has risen 73.2% since the beginning of the year and is trading at an all-time record high of $238. Israeli company NOVA LIMITED. (Nasdaq:Nefimy; level:Nefimy, which provides measurement devices for advanced process control used in semiconductor manufacturing, saw its stock price rise 8.4% last week…
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Emerging Player In The Crypto Market
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The cryptocurrency landscape is constantly evolving, and amidst this dynamic environment, a new player has emerged that has caught the attention of investors and enthusiasts alike – Not Quinn (no). Built on the TON blockchain, this unique token took a new approach to onboarding users into the world of Web3…
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French election worries rekindle market memories of UK budget rout By Reuters
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By Yoruk Bahçeli and Dara Ranasinghe (Reuters) – As far-right and left-wing parties gain momentum ahead of snap parliamentary elections in France, putting pressure on President Emmanuel Macron’s centrist administration, investors are beginning to consider the risk of a budget crisis at the heart of the euro zone. The far-right…
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Crypto Market Experts Say Dogecoin ETF Is Coming As Meme Coins Gain Ground
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Two leading experts in the cryptocurrency market shed light on the future Meme coins This market cycle, expect the potential launch of Dogecoin exchange-traded fund (ETF) almost. Crypto heavyweights confirm a Dogecoin ETF is coming Co-Founder of BitMEX, Arthur Hayes CEO and Co-Founder of Real Vision, Raoul Pal appeared recently…
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Weekly Market Outlook (17-21 June)
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Upcoming events: Monday: People’s Bank of China (PBoC) Multilateral, New Zealand Services PMI, Industrial Production and Retail Sales in China, Eurozone Wage Growth. Tuesday: Reserve Bank of Australia policy decision, Eurozone ZEW, US retail sales, US industrial production. Wednesday: UK Consumer Price Index, US NAHB Housing Market Index, Bank of…
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Solana Whale Shakes Market With $372 Million Transfer, Where Are The Coins Headed?
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Solana whales (SOL). They are at it again, as they are seen to have moved a large amount of their possessions in Solana in the past 24 hours. This comes amid bearish sentiment in the cryptocurrency market, which has also caused… Solana price In decline. Solana whales move over $500…
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How the market reacted when Trump won in 2016 By Investing.com
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When Donald Trump won the 2016 US presidential election, the overall market response was weak, but there were significant sector-specific moves, analysts explained in a note this week. Financial institutions, especially banks and insurance companies, led the way with significant gains, the investment firm said. Sallie Mae shares rose 37%…
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Bitcoin Crashes To $65,000, Expert Unpacks Drivers Of Crypto Market Bloodbath
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The cryptocurrency market is witnessing a major pullback, with Bitcoin leading the way by falling to the $65,000 mark after failing to retest its price. Highest level ever $73,700 was reached in March. Market expert Michael van de Poppe has highlighted the reasons behind this ongoing bloodbath, highlighting several key…
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Bitcoin Crashes To $65,000, Expert Unpacks Drivers Of Crypto Market Bloodbath
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The cryptocurrency market is witnessing a major pullback, with Bitcoin leading the way by falling to the $65,000 mark after failing to retest its price. Highest level ever $73,700 was reached in March. Market expert Michael van de Poppe has highlighted the reasons behind this ongoing bloodbath, highlighting several key…
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Daily Broad Market Recap – June 13, 2024
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How did major assets trade after the US CPI report and Fed decision in June? We’ve got details on Thursday’s market headlines and price action you need to know! Titles: Australian employment change In May: 39.7K (30.5K expected, 37.4K previous); The unemployment rate fell from 4.1% to 4.0% as expected…
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Pyth Network launches GMCI 30 crypto market index
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Pyth Network has announced the launch of the GMCI 30 Index Price Feed, making the GMCI cryptocurrency market price index accessible to over 60 blockchain ecosystems. This launch is a step towards providing smart contract and blockchain developers with real-time financial data. “We are pleased to announce that the Pyth…
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Pyth Network launches GMCI 30 crypto market index
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Pyth Network has announced the launch of the GMCI 30 Index Price Feed, making the GMCI cryptocurrency market price index accessible to over 60 blockchain ecosystems. This launch is a step towards providing smart contract and blockchain developers with real-time financial data. “We are pleased to announce that the Pyth…
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Turkish Lira hits record high in crypto market share, surpassing EUR
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The Turkish Lira (TRY) has become the third largest fiat currency used in cryptocurrency trading. according to Report from Caico ResearchThe growing market share of the Turkish Lira has pushed it to surpass the Euro (EUR), capturing 19% of the market share. This was an all-time high for the coin,…
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Daily Broad Market Recap – June 12, 2024
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Market attention was focused on the key events in the US for the day, specifically the CPI release and the Federal Reserve statement, and these catalysts did not disappoint when it comes to volatility. Both major market movers faced some surprises, which then led to significant volatility in the dollar…
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Illegal vapes are flooding the market and the government is scrambling
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Millions of young Americans are addicted to nicotine — and politicians attacked top public health officials during a contentious hearing Wednesday on the rapid rise of illegal e-cigarettes. In particular, the senators blamed the Food and Drug Administration (FDA) and the Department of Justice (DOJ) for not enforcing the Tobacco…
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Daily Broad Market Recap – June 11, 2024
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It was a choppy day for most asset classes, with Treasury and Bitcoin yields falling while commodities and stocks largely rebounded later. However, the safe-haven US dollar managed to keep its head afloat, despite some risk flows in the latter part of the New York session. Read on to find…
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Daily Broad Market Recap – June 10, 2024
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Markets appear to be off to a slow start this week, but could this be just the calm before the storm? Stocks were in a positive mood while some risk flows emerged while profitable companies also made gains. Read on to see how the rest of the major currencies are…
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Tornado Cash TVL, token price surge despite market downturn
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Tornado Cash (TORN) price and Total Value Locked (TVL) rose while the broader cryptocurrency market was consolidating in a bearish mood. TORN has risen by 11.8% in the last 24 hours and is trading at $3.36 at the time of writing. The market capitalization of the asset crossed the $17…