Though Nvidia (NASDAQ: NVDA) has been a top performer in the stock market in the past couple of years, shares of the semiconductor giant have lost momentum since the release of its fiscal 2025 third-quarter results in November last year. Investors were not impressed by Nvidia’s quarterly performance and outlook even though it handily beat […]
Bitcoin should rip higher under President-elect Donald Trump, according to BlackRock’s ETF chief. Samara Cohen, the firm’s ETF and index instruments chief investment officer, thinks cryptocurrency deregulation will “absolutely” propel bitcoin to another historic year. “There will be progress made on… FIT21 [“Financial Innovation and Technology for the 21st Century Act.] There will be progress made on stable coins. […]
Asia-Pacific markets climbed Thursday, after U.S. markets soared on the back of an unexpected decline in core inflation numbers in December and strong bank earnings. Korea’s central bank surprised market watchers by keeping benchmark rates unchanged at 3%. Economists polled by Reuters had expected the Bank of Korea to cut its policy rate by 25 […]
Today’s CPI report turns out to mean a great deal to crypto investors. Bitcoin (BTC 2.50%) has made another notable 24-hour move today, increasing 2.6% since 4 p.m. ET yesterday (as of 1:30 p.m. ET), with Ethereum (ETH 4.28%) and Dogecoin (DOGE 4.13%) also catching a bid, surging 3.8% and 4.4, respectively, over the same […]
Chinese stocks fell on the first trading day of the New Year as weak economic data and the prospect of more US tariffs hurt sentiment. Benchmarks on the mainland and in Hong Kong retreated after figures showed China’s manufacturing activity slowed its pace of expansion in December. The MSCI Asia Pacific Index dropped the most […]
Bitcoin BTC$95,024 has struggled to maintain prices above $95,000 since Dec. 28, but demand for leveraged positions has been on the decline. During this period, bulls faced $470 million in liquidations, while bears showed reduced appetite, especially as Bitcoin tested levels below $92,000. Measured by its open interest—the total number of contracts across all Bitcoin futures markets—the […]
Has Bitcoin Peaked? Analysts Spot Ominous Signals In a market update published on Dec. 29, 2024, the firm acknowledges the cryptocurrency’s resilience, however, emerging technical patterns suggest the market may be entering a new phase. 10x Research is a digital asset research service catering to asset managers, wealth managers, and cryptocurrency service providers. Over the past two weeks, 10x […]
After two consecutive years of more than 20% gains for the S&P 500 (^GSPC) — an achievement not seen since the late 1990s — Wall Street strategists foresee a slower pace of gains for the benchmark index in 2025. With strong earnings expected from a widespread array of companies in 2025 and US economic growth […]
This year, America’s once-in-a-generation housing slump deepened — but 2025 may not see much improvement. That’s partly because Americans who locked in ultra-low mortgage rates during the pandemic have little incentive to move into new homes and take on higher borrowing costs. “We’re coming into 2025 with a strong sense of déjà vu,” said Skylar Olsen, Zillow’s […]
Crypto prices are experiencing a rocky Monday due to poor U.S. macroeconomic data and rampant profit-taking. Bitcoin (BTC) has dropped 1.8% in the past 24 hours to $91,800, a price not seen since Dec. 5, the day it broke through $100,000 for the first time. The largest cryptocurrency has fallen more than 14% from its […]
Bitcoin is ending 2024 on a downward skid — falling nearly 5% in December — despite yet another big weekly purchase from MicroStrategy. As investors turn the calendar into 2025, historical market data indicates January could be a big month for Bitcoin and the rest of crypto. According to data compiled by Coinglass, Bitcoin has […]
As 2024 draws to a close, investors can look back on a strong performance for U.S. stocks and look to 2025 with excitement. Of course, amid that positivity lies doubt. Concentration risk in U.S. stocks, specifically in areas like tech, looms over potential further positivity. At the same time, valuations remain particularly elevated. Those factors […]
