Market

U.S. markets have so far managed to avoid any sharp negative reaction despite Congress failing to find a decisive outcome yet in regard to the debt ceiling crisis. In fact, markets registered gains on Wednesday as investors and traders began pricing in a positive outcome to the political impasse...

Bitcoin (CRYPTO: BTC) may be in for a rude awakening. In a Twitter post on Friday, pseudonymous cryptocurrency analyst Cred said that Bitcoin may crash if it doesn't manage to hold between $19,000 and $20,000. Failure to do so could cause the cryptocurrency to plummet...

Chris Burniske, the former Blockchain Products lead at the Cathie Wood-led Ark Invest, says Ethereum (CRYPTO: ETH) is moving towards a bullish market in March.  Burniske tweeted that ETH looks strong despite the recent market-wide tumult.  "From where I sit, I...

The collapse of beleaguered FTX and the arrest of its disgraced founder Sam Bankman-Fried has traumatized the entire cryptocurrency market.  With increasing regulatory scrutiny and investigations, the crypto market is witnessing historically high negativity, not only directed at Bitcoin (...

ARK Investment Management founder and CEO Cathie Wood said the recent FTX debacle would benefit one crypto sector.  During a recent interview, Wood said that the collapse of FTX would boost the decentralized finance (DeFi) networks.   She said that decentralized networks would...

The widening fallout from FTX has impacted the cryptocurrency market. Apex crypto Bitcoin (CRYPTO: BTC) was trading below the $17,000 mark on Sunday. At the time of writing, BTC was trading at $16,567.  Pseudonymous crypto analyst Capo predicted this year’s Bitcoin collapse and...

Mavericks owner and investor Mark Cuban still believes in crypto, even though the entire cryptocurrency market is reeling under the FTX collapse. His optimism is based on the key underlying technologies that allow crypto transactions to be made, known as smart contracts.  A...

Good Morning Everyone! Remember, today at 2pm, a group of middle-aged financial experts determines whether or not millions of Robinhood traders get margin called.   Prices as of 4 pm EST, 11/1/22; % YTD MARKET UPDATE 2 p.m. Fed Reserve Rate decision Volatility is relatively LOW heading...

Quantitative cryptocurrency analyst PlanB recently said that the crypto market volatility seems to be moving towards a new market cycle, and Bitcoin (CRYPTO: BTC) is bottoming out.  He noted that more than half of Bitcoin in circulation is now in a state of profit. According to...

Cryptocurrency strategist James Altucher, the host and founder of InvestAnswers, says that as the last quarter of the year begins, October will be historically a bullish month for Bitcoin (CRYPTO: BTC). According to him, Bitcoin could rise up to $26,000 over the next four weeks, based on...

Bitcoin (CRYPTO: BTC) bull and the co-founder of the investment firm Morgan Creek Digital, Anthony Pompliano, has recently received backlash from the crypto community for removing Bitcoin from his Twitter bio amid current price woes. He has also removed the laser eyes from his Twitter profile...

The Binance Stablecoin (CRYPTO: BUSD) on Saturday surpassed the $20 billion market cap. In the overall crypto market, it stands at the sixth position and third among stablecoins by the market cap.  #Binance stablecoin $BUSD has surpassed a $20 billion market cap. — Watcher.Guru (@...

The developers of Shiba Inu (CRYPTO: SHIB) have unwrapped yet another concept for its metaverse project.  In the latest blog post, the team mentioned the model of the upcoming metaverse project called "SHIB: The Metaverse WAGMI Temple," a short form for “We’re All...

According to a new study published in Fortune, if the U.S. economy falls deeper into a recession, housing prices could dip by as much as 20% in 183 cities nationwide.  The data from Moody's analytics reveal that 183 of the 413 top housing markets are "overvalued" by...

Bitcoin (CRYPTO: BTC) dipped below $20,000 on Saturday, and again on Sunday, a 70% drop from its all-time high. Bitcoin’s fall came after Federal Reserve Chief Jerome Powell cautioned against expecting a swift end to the Fed's rate tightening. The cryptocurrency was last below $...