Asia-Pacific markets rose to new highs in 2023, with Japan’s Nikkei 225 emerging as the top-performing equity index. The region is expected to continue its good run into the next year as well. So, which markets will outperform in 2024? According to analysts that spoke to CNBC, Asia-Pacific’s top-performing markets in the first half of […]
Global shares edged into the red on Monday and investors, wary of rate hike narratives, braced for U.S. inflation data and a corporate reporting season where robust results are needed to justify high valuations. Geopolitical tensions were also on the radar as disruptions in the Red Sea raised shipping costs in Europe, while the Israeli conflict with Hamas threatened […]
A series of high-stakes deadlines this week will mark the culmination of a years-long push to launch exchange-traded funds backed by Bitcoin in the US. Would-be Bitcoin ETF issuers have been given until Monday morning in Washington to submit any last-minute revisions to their pending applications, Bloomberg News has reported. The US Securities and Exchange […]
Introduction Bitcoin’s role as a market bellwether for the crypto industry cannot be overstated. The significance of tracking the largest Bitcoin holders lies in their substantial influence on market trends and investor confidence. This report focuses on dissecting the holdings of various entities – public companies, private companies, countries, Exchange-Traded Funds (ETFs), and mining companies – to provide […]
Investors’ hopes are running high to start 2024, which could set up U.S. stocks for a rocky stretch if some expectations are not met. Despite a shaky start to the year, the S&P 500 stands only around 2% below a fresh record high. Most investors have maintained a rosy view on everything from the U.S. […]
Here are the most important news items that investors need to start their trading day: 1. Winning streaks in jeopardy A stellar run for U.S. stock has hit a hurdle this week. The major averages could break nine-week winning streaks after a poor start to 2024. The Dow Jones Industrial Average has fallen 0.7% for the week, […]
Bitcoin trading OG Arthur Hayes now predicts an up to 40% BTC price crash in March. In a blog post on Jan. 4, the former CEO of crypto trading giant BitMEX warned readers of a week of turmoil due to hit financial markets. Hayes on BTC price: “I could easily see a 30% to 40% correction” Bitcoin […]
Dennis M. Kelleher, CEO of nonprofit organization Better Markets, has urged the United States Securities and Exchange Commission (SEC) to not approve a spot Bitcoin exchange-traded fund (ETF). He argued that it goes against the core principles of the regulatory body. In a letter addressed to SEC secretary Vanessa Countryman on Jan. 5, Kelleher emphasized that if […]
A series of meetings between the Securities and Exchange Commission and a handful of stock exchanges are fueling confidence that the approval of a long-awaited spot bitcoin exchange-traded fund could be imminent. FOX Business has learned that SEC staff attorneys from the Division of Trading and Markets are meeting Wednesday with officials from the major […]
Bitcoin did not crash by $4,000 in hours because of panic over United States regulators rejecting the spot exchange-traded fund (ETF). That is the opinion of popular commentators after flash BTC price weakness sparked half a billion dollars of crypto long liquidations. Report claims “no reason” to approve Bitcoin ETF Coming at a conspicuous time for Bitcoin, […]
The Nasdaq Composite fell for a second session Wednesday to start the year, building on its worst daily performance in nearly three months. The tech-heavy index lost 1.18% to close at 14,592.21, marking its fourth consecutive losing day. The S&P 500 slipped 0.80% to end at 4,704.81. The Dow Jones Industrial Average slid 284.85 points, or 0.76%, finishing at 37,430.19. The […]
Japan’s Nikkei led losses in Asia-Pacific markets Thursday, as the country resumed trading after an extended New Year’s holiday during which it witnessed an earthquake and an accident involving Japan Airlines. The benchmark Nikkei 225 shed 0.76%, while the broader Topix edged up 0.32% as Japan kicks off its first day of trade in 2024. Markets in […]
