Cryptocurrencies whipsawed again as hopes of an immediate spot ETF approval by the SEC vanished, triggering liquidations in long positions. Overall crypto market capitalization dropped to $1.39 trillion, from $1.41 trillion a day earlier, amidst the SEC deferring its decision on spot ETF products. Most of the top-ranked cryptocurrencies recorded […]

Shares of Macy’s, Inc. (M) are rising more than 8% Thursday morning after the company reported third-quarter results, above the Street view. Net income for the third quarter declined to $43 million or $0.15 per share from $108 million or $0.39 per share in the same quarter a year ago. […]

Markets remain subdued amidst data from the U.S. showing an unexpected decline in producer price inflation and a less-than-expected decline in retail sales. Relief that a looming partial U.S. government shutdown has been averted also swayed sentiment. Positive sentiment generated by the more-than-expected decline in inflation in the U.S. as […]

Shares of The Boeing Company (BA) are rising more than 4% Monday morning after announcing $52 billion order from Emirates airline for 95 Boeing aircrafts. BA, currently at $204.96, has traded in the range of $168.52 – $243.10 in the last 1 year. Source: Read Full Article

Raoul Pal is a well-known figure in the finance and investment world, particularly recognized for his expertise in macroeconomic trends. He is the co-founder and CEO of Real Vision, a financial media company offering in-depth video interviews and research publications with some of the world’s best investors and economists. Before […]

Jim Bianco, a prominent macro strategist, recently shared insights suggesting that the launch of a spot Bitcoin exchange-traded fund (ETF) could mirror the market trajectory of Facebook’s 2012 initial public offering (IPO). Jim Bianco, serving as President and Macro Strategist at Bianco Research, L.L.C., has been a notable figure in […]

In a recent report, CNBC explored the significant increase in Bitcoin ATMs (BTMs) across the United States. A Bitcoin ATM is a kiosk that allows individuals to buy and sometimes sell Bitcoin and other cryptocurrencies using cash or debit cards. These machines look similar to traditional ATMs, but they function […]

A massive Bitcoin ($BTC) whale has amassed over $500 million worth of the flagship cryptocurrency since the beginning of the year, and their dollar-cost averaging strategy has seemingly been working as their unrealized profit now exceeds $126 million. The price of Bitcoin has surged by more than 120% so far […]

Overall cryptocurrency market capitalization is close to the flatline as renewed interest rate fears triggered by hawkish Fed commentary almost eclipsed the euphoria that followed reports of Blackrock’s Ethereum Spot ETF plans. Overall crypto market capitalization is currently steady at $1.4 trillion whereas Ethereum dazzled with an overnight rally of […]

Bitcoin’s surge to around $37,900 on Thursday has turned MicroStrategy’s multibillion-dollar bet on the flagship cryptocurrency into a massive profit of more than $1 billion. Bitcoin’s recent price surge marks a remarkable turnaround following a turbulent period in the cryptocurrency market. Last November, it plummeted to approximately $15,600 following the […]