Global Bond Yields Slide As Stocks Rebound
Published by ValueWalk OANDA – Global bond yields slide as stocks rebound, US data, Oil pares gains, Gold steady, Bitcoin rallies Q4 2021 hedge fund letters, conferences and more US stocks breathed a tentative sigh of relief now that the…
New York Mayor to Get First Paycheck in Crypto
Published by The Street By Rob Lenihan Mayor Eric Adams says he wants New York to be ‘the center of cryptocurrency.’ The Big Apple is going crypto. New York City Mayor Eric Adams said Thursday that his first paycheck will…
Dollar little changed as Treasury yields dip, economic data disappoints
Published by Reuters UK By Stephen Culp NEW YORK (Reuters) – The dollar pared earlier gains on Thursday as this week’s upward trajectory of in U.S. Treasury yields took a breather. The greenback edged lower after weekly applications for unemployment…
Crypto.com Says More Than $35 Million Stolen by Hackers
Published by The Street By Luc Olinga The crypto exchange Crypto.com says 483 customer accounts were affected, resulting in the theft of bitcoin, ethereum and other cryptocurrencies. More than two days after a hack forced Crypto.com to suspend withdrawals, the…
Will Bitcoin Replace The US Dollar?
With Grammy award-winning artist Cardi B, Jack Dorsey predicted on Tuesday that Bitcoin would eventually replace the US dollar in the digital currency market. In response to Cardi B’s question on Twitter, Dorsey said, “Yes, Bitcoin will.” Cardi B and…
Russian central bank proposes banning cryptocurrencies, crypto mining
Published by Reuters UK By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) -Russia’s central bank on Thursday proposed banning the use and mining of cryptocurrencies on Russian territory, citing threats to financial stability, citizens’ wellbeing and its monetary policy sovereignty….
Crypto Market Lost $1 Trillion in 72 Days – And It Might Not Be Over Yet.
Published by The Street By Luc Olinga The ongoing crash in the crypto market has shed roughly $1 trillion in value since November 8, and could decline further as “crypto winter” takes hold. Crash, rout, collapse: there are not enough…
World’s Largest Bitcoin Fund Is Down Almost 18% – Is It Time To Buy Or Sell?
Published by The Street By Veronika Bondarenko “Tempting but tempting the way value traps can be tempting,” Spectra Markets’ Brent Donnelly wrote in an investor note. With just over $38 billion in assets, Grayscale Bitcoin Trust (GBTC) – Get Grayscale…
Google Might Soon Accept Crypto for Transactions
Published by The Street By Luc Olinga Tech and ad major Google wants to become the connective tissue for the entire consumer finance industry. The news will certainly delight crypto aficionados: Alphabet’s Google (GOOGL) – Get Alphabet Inc. Class A…
SPX Reversing Again
Published by ValueWalk S&P 500 plunged to open the week – how fitting given the unfinished job in tech and Treasuries. The rising yields are all about betting on a really, really hawkish Fed – just how far are the…