Signs of increased volatility are emerging as the closing time of the monthly Bitcoin (BTC) candle approaches. With the much-anticipated Chicago Mercantile Exchange futures contract and Deribit options expiration just four days away, the near-term direction of BTC remains uncertain. The three reasons for the expected spike in volatilityRead More →
The price of Bitcoin (BTC) recorded its strongest Q2 performance in history following a massive plunge on March 13 when the price dropped below $3,600 before eventually pushing above $10,000 over the next three months. Researchers at Skew said: “Bitcoin is having today its third best quarterly close in itsRead More →
The ride from here could get a lot bumpier after the Dow registered its worst one-day loss since June 11 on Friday, knocking the blue-chip index to its lowest point since May 26, and at least momentarily knocking the wind out of equity investors who may be gradually losing theirRead More →
The price of Bitcoin (BTC) dropped below $9,000 from $9,660 within seven hours. The 7% plunge comes as $55 million worth of long futures contracts were liquidated on BitMEX. Four factors are likely behind the sudden decline in the price of the top cryptocurrency by market capitalization. Namely: stocks sliding,Read More →
Chainlink (LINK), a smart contract blockchain network, is nearing an all-time high after the altcoin broke out today, notching a 11% gain at the time of writing. The altcoin first hit a record high at $5.10 in July 2019 before crashing to $1.35 during the Black Thursday marketwide correction onRead More →
Experts in the financial market and the crypto industry foresee a major stock market correction unfolding in the short term. Given the high correlation of Bitcoin (BTC) with stocks observed in the past three months, there is a strong possibility that Bitcoin could follow suit. The United States stock marketRead More →
Within the last hour Bitcoin (BTC) price rose to $10,180 on BitMEX before quickly reversing to $9,600. The quick rejection means that for the third time in 30 days Bitcoin price has rejected at the $10,000 resistance level. Three factors that may have contributed to the volatility are: the FederalRead More →
The price of Bitcoin (BTC) plummeted by 14% from $10,180 to $8,600 on BitMEX within less than 15 minutes. Three major factors that caused the price drop were: long contracts accounting for the overwhelming majority of the Bitcoin market, BTC reacting to a multiyear resistance at $10,500 and whales dumping.Read More →
The price of Bitcoin (BTC) surged above $9,000, demonstrating a decent recovery in the last 24 hours. Market data shows a further upsurge to the $9,300 to $9,400 range is likely in the near-term. Three key reasons increase the probability of a minor rally: liquidation of 25x to 50x shortsRead More →
The U.S. stock-market rally has unraveled, with a period of historic gains coming to a screeching halt, as fear that the coronavirus epidemic may reach America rattles Wall Street. The Dow Jones Industrial Average DJIA, -1.39% fell into correction on Thursday, widely defined as a drop of at least 10%,Read More →
While some U.S. lawmakers have branded Qassem Soleimani a terrorist, the late Iranian general’s significance to the Iranian people was on full display on state TV and in the streets of Tehran. Many Iranians reacted with shock and anger to the killing of Soleimani, the leader of the foreign wingRead More →
The last several months have not been kind to plant-based burger purveyor Beyond Meat. But this could change in 2020 as investors remember why this much-hyped stock did so well in its first days of trading. After pricing shares at $25 in a May IPO, Beyond Meat BYND, -0.67% offeredRead More →
A strong second-half run for U.S. stocks have pushed the major equity indexes into record territory as 2019 comes to a close. Much of this rally was fueled by fundamental factors, including better-than-expected corporate earnings. Stocks also got a boost from the Federal Reserve, which pivoted to a more accommodativeRead More →
CHAPEL HILL, N.C. — I wouldn’t invest in a combined Charles Schwab-TD Ameritrade. To be sure, it makes a certain amount of sense that Charles Schwab SCHW, +0.35%, the largest discount brokerage firm in the U.S., would be interested in acquiring TD Ameritrade AMTD, -0.52%, the second-largest firm. The discountRead More →
Did “13 Reasons Why” lead to a rise in suicides among teenagers? When the series began streaming on Netflix NFLX, +0.74% in March 2017, child psychologists and parents warned that a show about teenage suicide could cause young people who watched the series to carry out copycat suicides. The show,Read More →
Happy Wednesday, MarketWatchers. Don’t miss these top stories: This guy racked up $16,000 in credit-card debt — 7 ways he found financial freedom Financial experts share tips to climbing out of debt. People are ditching cigarettes for vaping for reasons other than their health Whether or not taxes on e-cigarettesRead More →
Many women spring for a baby in March, April or May — and some would even pony up to ensure the timing. U.S. moms who are educated and married are more likely to have tried for a spring birth for their first baby, according to a new study published inRead More →
Analysts say there are two key reasons why Stitch Fix Inc. is on a growth trajectory while others with similar business models may not be: its ongoing data collection efforts and the addition of new categories that take an increasing share of household spend. Stitch Fix SFIX, +3.44% reported better-than-expectedRead More →
It’s easy to say “Europe is doomed” because of the flurry of disagreements among member countries of the European Union, but it wasn’t built in a day and won’t easily disintegrate. Many of my colleagues and some legal experts say the EU crisis is deepening because of structural, political, economicRead More →
A last will and testament is one of the building blocks of a sound estate plan. However, a will that is not reviewed and updated to keep pace with changes in the law and the testator’s goals and circumstances could be worse than useless; it could, in fact, result inRead More →
The European Central Bank this week has to convince markets it is ready to act on events that may never happen. The central bank’s governing council meeting on March 7 will consider whether the eurozone’s economic slowdown will worsen. That will determine the policy steps the ECB might take, orRead More →
To hear Wall Street say it, everything is rosy again — and the cautious naysayers are looking like a bunch of Chicken Littles, suckers, and sore losers. Yet again. Yes, the stock market is off to the best start of the year in more than three decades. Yes, the DowRead More →
