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The Dow Jones fell 70 points on Tuesday.Fiscal stimulus is now a distant dream for the stock market, as Mitch McConnell has recessed the Senate till November 9.Consumer confidence is struggling as election concerns and coronavirus cases mount.The Dow Jones limped to the downside on Tuesday as consumer confidence lagged.
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Bitcoin’s price fell Monday on larger macroeconomic concerns while lower Ethereum fees benefit hardcore DeFi users.Bitcoin (BTC) trading around $13,011 as of 20:00 UTC (4 p.m. ET). Slipping 0.33% over the previous 24 hours.Bitcoin’s 24-hour range: $12,773-$13,250BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians.Bitcoin
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Bitcoin has pulled back from 2020’s highs while ether slips as DeFi cools off.Bitcoin (BTC) trading around $12,919.97 as of 20:00 UTC (4 p.m. ET). Slipping 1.36% over the previous 24 hours.Bitcoin’s 24-hour range: $12,731.06-$13,192.25.Bitcoin’s price had a minor pullback Friday after hitting fresh new 2020 highs that put it
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The Dow Jones dropped 80 points Friday.Stimulus talks are deadlocked as surging U.S. coronavirus cases threaten the recovery.Intel stock’s losses were a major drag on the Dow.The Dow Jones slipped on Friday, as Intel’s crash weighed on the index. Deadlocked stimulus negotiations and surging coronavirus cases were additional concerns for
Read MoreBitcoin (BTC) options aggregate open interest has increased to $2 billion, which is 13% below the all-time high. Although the open interest is still heavily concentrated on Deribit exchange, the Chicago Mercantile Exchange (CME) has also reached $300 million.In simple terms, options derivatives contracts allow investors to buy protection, either
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JPM stock was down 1.38% on Tuesday’s opening hours in the market. The bank has reported better-than-expected net profits with the bottom line getting good support from its investment banking services.On Tuesday, October 13, Wall Street banking giant JPMorgan Chase & Co (NYSE: JPM) delivered better-than-expected Q3 earnings. During Q3
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The latest findings by Santiment, published in Cryptox Consulting’s biweekly newsletter, suggest that regular users are returning to Ethereum in response to lower transaction fees.Several influential Ethereum cohorts — including miners and some of Ethereum’s largest non-exchange addresses — have been showing signs of ongoing accumulation and increased confidence in
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It is day six and YFI has not stopped falling from its all-time high above $44,000. The Yearn Finance’s
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The Dow Jones fell 320 points on Friday.Bears took control after Nancy Pelosi destroyed hopes of more fiscal stimulus from Congress.Better than forecast Michigan consumer sentiment shows the U.S. economic recovery is still in motion.The Dow Jones dropped sharply to close the week, as hopes of additional coronavirus stimulus continue
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Slovakia's Eterbase said early on Tuesday that hackers had managed to steal a total of $1.6 million in various cryptocurrencies. Source
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