Marathon Digital, Coinbase Lead Bounce for Crypto-Related Stocks
Modest gains across cryptocurrencies were enough to jump start a rally in the beaten-down shares. Source
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Stocks
Funds Used To Trade Crypto & Meme Stocks
With the prolonged bear market in crypto ongoing, one will think most people should be losing money. While that is true, another thing also true is the increase in crimes in the bear market. On today’s news, the ex-chief financial officer has pleaded guilty in court for embezzling more than
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BTC price lurches toward $16K as stocks, dollar wobble in final session
Bitcoin (BTC) teased more volatility at the Dec. 30 Wall Street open with BTC/USD heading ever closer to $16,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWill new year deliver "long-awaited volatility?"Data from Cryptox Markets Pro and TradingView showed BTC/USD wicking down to lows of $16,337 on Bitstamp.The pair had been gradually
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European Stocks Closes 2022 on Bearish Sentiment Fueled by Macroeconomic Factors
The European stocks have experienced more headwinds in the past few months after the Kremlin imposed an indefinite oil cut-off to Eurozone countries.European stocks are set to close 2022 on a bearish sentiment as global markets prepare to close trading later today. Fueled by the ongoing Russia-Ukraine war, record high
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Worst year for US stocks and bonds since 1932
It’s been a torrid year for investors, and not just those in crypto, with United States (U.S.) bonds experiencing their worst year in centuries and U.S. stocks pulling back nearly 20% since 2022 began.As of Nov. 30, a Financial Times report noted that a traditional portfolio consisting of 60% stocks
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Bitcoin underperforms stocks, gold for the first time since 2018
Gold and stocks have underperformed in 2022, but the year has been difficult for Bitcoin (BTC) investors, in particular.Worst year for Bitcoin since 2018Bitcoin’s price looks prepared to close 2022 down nearly 70% — its worst year since the crypto crash of 2018. Bitcoin monthly returns. Source: CoinglassBTC’s depressive performance
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First Mover Asia: Bitcoin, Ether Hold On as U.S. Stocks Fall
Plus: Glenn Ardi of Coindesk Indonesia writes about Indonesia's vision of government permitting and controlling Web3 and DeFi by providing a government-sanctioned payment layer. Original Source
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Bitcoin Trades Sideways as Stocks Get Pre-Holiday Bounce
To Alex Tapscott, managing director of the digital asset group at Ninepoint Partners, the current market environment is similar to December 2018 when bitcoin (BTC) hit a then-all-time high in the winter of 2017, and 2018 began “a long period of contraction” in terms of the value among crypto assets. Source
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Bitcoin Gains 2%, Stocks Drop as Bank of Japan Allows Benchmark Bond Yields to Rise
The BOJ unexpectedly lifted the cap on the 10-year Japanese government bond yield to 0.5% from 0.25%, finally ending the prolonged period of near-zero yields. Original Source
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As Bitcoin, Stocks Cheer US Inflation Slowdown, One Macro Expert Calls for Caution
Slower inflation often portends a decline in corporate profitability, which is yet to be priced in by risk assets, Steno Research's Andreas Steno Larsen said. Source
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