Equity markets are in green zone amidst positive earnings updates and relief that the Fed would be willing to pause on rate hikes if inflation was coming under control. The Dollar-Index meanwhile touched a one-month low. Asian markets finished with gains. European equity markets too are in green zone. Wall […]
Shares of football club operator Manchester United plc (MANU) are down more than 13% Thursday morning after reporting wider loss in the third quarter. Net loss for the third quarter widened to 27.73 million pounds or 17.01 pence per share compared with 18.11 million pounds or 11.12 pence per share […]
Sentiment remained weak as investors digested the minutes of the previous FOMC, released on Wednesday. The minutes revealed that most participants judged that 50 basis point increases in the target range would likely be appropriate at the next couple of meetings. Regarding risks related to the balance sheet reduction, the […]
Cryptocurrencies are trading in a tight band early on Wednesday amidst an anxious wait to the minutes of the Federal Open Markets Committee meeting held in the first week of May. The Fed had raised the target for the fed funds rate by half a point to 0.75%-1% during its […]
On Monday (May 23), Scott Minerd, Global Chief Investment Officer of Guggenheim Partners, and the man who said last December that “Bitcoin should be worth about $400,000”, predicted how low the Bitcoin price could go. Minerd is also the Chairman of Guggenheim Investments, which is “the global asset management and investment advisory […]
Every year on May 22, crypto communities around the world are united in remembering perhaps one of the oddest events in the history of Bitcoin. On May 22, 2010, less than two years since the launch of the Bitcoin white paper by pseudonymous creator Satoshi Nakamoto, a Florida-based programmer Laszlo […]
As you might know already, today (May 22) is known in the crypto community as “Bitcoin Pizza Day”, for it was this day in 2010 that Laszlo Hanyecz, a Florida-based software engineer, paid 10,000 bitcoins—roughly the equivalent of nearly $300 million at today’s prices—for two Papa John’s pizzas. In this article, […]
The co-founder of cryptocurrency trading and venture capital firm Three Arrows Capital, Su Zhu, has revealed he sees some signs that Bitcoin ($BTC) is reentering an accumulation range after the cryptocurrency’s price fell for seven weeks in a row for the first time in its history. Per Su Zhu, the […]
Shares of Canada Goose Holdings Inc. (GOOS) are rising more than 4% Thursday morning after reporting better-than-expected fourth-quarter results. The company’s full-year outlook also comes in above analysts’ view. Canada Goose is a lifestyle brand and a manufacturer of performance luxury apparel. The company reported net loss of $9.1 million […]
Retail investors have been taking advantage of the flagship cryptocurrency’s recent dip towards the $30,000 mark to accumulate more Bitcoin ($BTC) even at a time in which over 40,000 coins worth over $1.16 billion have moved to exchanges. According to data from crypto analytics firm IntoTheBlock, retail traders whose addresses […]
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