Financial firm ProShares is ready to roll out the first U.S.-listed short bitcoin futures exchange-traded fund this week, allowing investors to effectively bet against the largest cryptocurrency after its price tumbled below $20,000 over the […]
International stocks broadly rose in the absence of fresh news about inflation and interest rates, while U.S. markets were closed for the Juneteenth public holiday. Stocks and bonds have been pummeled globally this year. Driving […]
U.S. stock markets will be closed to observe Juneteenth for the first time in history. The New York Stock Exchange and Nasdaq will shut down on Monday, June 20, in observation of the newest federal […]
The price of bitcoin lurched below $20,000, and below a level widely monitored by cryptocurrency enthusiasts, as a brutal selloff in crypto showed no signs of abating. Bitcoin fell as low as $18,739.50 and stayed […]
U.S. stocks ended Friday with mixed results with major indexes extending the whipsaw moves that have injected fresh volatility into markets this week. The S&P 500 as of 4 p.m. ET was up about 0.2%, while the […]
Janet Yellen isn’t a HODLer. You probably shouldn’t be one either.The Treasury Secretary said last week that it would be reasonable for Congress to regulate whether cryptocurrency belongs in retirement accounts. At the moment, digital […]
The prospect of faster-than-expected monetary tightening has rattled Wall Street, dragging the S&P 500 deeper into bear territory Tuesday and forcing investors to reassess a stock market that doesn’t look cheap even after its dramatic […]
The price of bitcoin continued to fall Tuesday as the crypto industry struggles with fallout from the extended selloff. Bitcoin traded as low as $20,834 earlier on Tuesday, according to CoinDesk. The original cryptocurrency hasn’t […]
The long-term case for bitcoin is being hit on all sides right now. With bitcoin trading more than 65% below its peak, the debate sparked by previous down cycles about whether it can be a […]
Bitcoin’s selloff, sparked by a reversal of the buying mania that drove it higher, has now become the fourth-deepest in the cryptocurrency’s 13-year history.On Monday, bitcoin fell 15% to $23,250.72, according to Dow Jones Market […]
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