Bitcoin has declined by 15% a week after establishing its record high of around $108,365, according to data from Bitstamp. The cryptocurrency may fall further in the coming weeks due to a sharply recovering Tether market dominance. Tether dominance signals “huge dump” in Bitcoin markets According to TradingView contributor, The ForexX Mindset, the Bitcoin BTC$94,711 price may witness […]
According to David Lawant of FalconX, Bitcoin is on track to experience the largest options expiry to date. As noted by the anayst, there is a whopping $15 billion of option interest on the line. This sum represents 43% of the total current option interest. This expiry would also be three times larger than the […]
Crude oil prices ticked slightly higher today after the U.S. Energy Information Administration reported a large draw in crude oil inventories for the week to December 20. The change compares with a modest inventory dip of 900,000 barrels for the previous week and a draw of 3.2 million barrels as estimated by the American Petroleum […]
Asia-Pacific markets started the holiday-shortened Christmas week on a positive note, with investors awaiting the official announcement related to the merger of Japanese automakers Honda and Nissan. The companies, which aim to reach a “final agreement” in June 2025, are considering setting up a new holding company by summer of 2026 with a Honda executive […]
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Shares of MicroStrategy Inc. (NASDAQ:MSTR) fell more than 8.5% Monday, marking a rough debut to its nascent tenure among the Nasdaq 100. The software company and top corporate Bitcoin (CRYPTO: BTC) holder has struggled lately, logging its fifth […]
Russia has been actively experimenting with digital financial assets (DFAs) in foreign trade in line with the country’s legislation, according to a senior government official. Russian Finance Minister Anton Siluanov discussed US dollar alternatives for international trade in an interview on the state-owned news channel Russia-24 on Dec. 25. Siluanov said the Russian government has passed legislation […]
Bitcoin’s (BTC) historical price trends suggest a recurring pattern of strong upward momentum following Christmas, particularly during halving cycles. They highlight how Bitcoin typically enters a profit zone after each halving event, with price increases accelerating in the months following the December holiday season. Bitcoin Price Performances Post Christmas in Halving Years After the 2012 halving, […]
Stocks jumped Tuesday on Christmas Eve as the market pulled off back-to-back gains in the holiday week. The S&P 500 added 1.1% to 6,040.04, and the Dow Jones Industrial Average gained 390.08 points, or 0.91%, to 43,297.03. The Nasdaq Composite climbed 1.35% to 20,031.13, helped by a 7.4% jump in Tesla shares. Amazon and Meta Platforms gained more than 1% each. The New York Stock Exchange closed […]
Bitcoin has proven to be one of the best-performing assets in modern history. The value of the cryptocurrency has increased some 1,000 times over the past decade, far outpacing US stocks and real estate. Buoyed by United States President-elect Donald Trump’s crypto-friendly stance, Bitcoin’s record rally hit a new high of $107,000 on Monday after […]
The Dow plunged Wednesday on a disappointing outlook from the Federal Reserve. In the process, the blue-chip index extended its losing streak to 10 days — the longest such stretch since Gerald Ford was president. The Dow Jones Industrial Average ended the day down about 1,123 points, or 2.6%, after the Fed indicated in a […]
Oil prices settled little changed on Friday as markets weighed Chinese demand and interest rate-cut expectations after data showed cooling U.S. inflation. Brent crude futures closed up 6 cents, or 0.08%, at $72.94 a barrel. U.S. West Texas Intermediate crude futures rose 8 cents, or 0.12%, at $69.46 per barrel. Both benchmarks ended the week […]
Bitcoin has faced a rollercoaster of price action over the past few days, hitting an all-time high last Tuesday before succumbing to a sharp 15% correction. The recent volatility has sparked a mix of uncertainty and opportunity among market participants. Despite the downturn, BTC remains a focal point for investors, with eyes on whether it […]
