Bitcoin (BTC) broadly held levels at $44,000 and above on Feb. 16 amid fresh optimism that another macro low would be avoided. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView OBV sparks 2021 recovery comparisons Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rebounding after an overnight dip to $43,725 on Bitstamp. In a tightening range,
Global and macroeconomic concerns ranging from rising inflation rates in the United States to the prospect of Russia invading Ukraine continue to spark volatility in financial markets. To the surprise of many analysts, the mood in the cryptocurrency market shifted in a positive direction on Feb. 15 after Bitcoin (BTC) climbed to $44,500 and Ether
Senate Banking Committee Republicans skipped out on a vote Tuesday for President Biden’s nominees to the Federal Reserve Board, delaying confirmations tied to five of seven seats on the central bank’s governing body at a precarious time for the economy. The nomination of Sarah Bloom Raskin for vice chair for supervision is the primary bone
Inflation in the U.S. may not be able to go any higher in the current economic cycle, CNBC’s Jim Cramer said Tuesday on the heels of yet another hot price index report. “I think this is the highest I’ve ever seen these numbers, and they merit attention, they merit what Mr. Bullard said yesterday, and
The logo of MoneyGram seen at a sore in San Ramon, California, on March 26, 2019. Smith Collection | Gado | Getty Images Check out the companies making headlines in midday trading. MoneyGram International — The global remittance company’s shares surged by almost 19% following news that the private equity firm Madison Dearborn Partners will
This week on “The Market Report,” we jump right into our main event. Join Cointelegraph analysts Benton Yaun, Jordan Finneseth, Sam Bourgi and Ornella Hernández as they debate each other on the top metaverse projects on the market. First up, we’ve got Bourgi’s pick of Wilder World, which allows you to interact with its immersive
An influx of out-of-towners with big budgets is contributing to the rise in home prices in popular migration destinations, pricing out many local buyers, according to a new report from real estate brokerage Redfin. The average out-of-towner moving to Nashville in 2021 had $736,900 to spend on a home, 28.5% higher than the $573,400 average budget for
A worker stands on the roof of a home under construction at a new housing development in San Rafael, California. Getty Images The price of lumber has been on a roller coaster since the start of the pandemic, and it’s climbing a big hill yet again. After falling back sharply from a record high in
WASHINGTON — Sen. Jon Tester, D-Mont., said he would vote to confirm Sarah Bloom Raskin to be the Federal Reserve’s next vice chair for supervision. Speaking to Yahoo Finance on Monday, Tester — considered a centrist voice on the Senate Banking Committee — said that he would vote to advance Raskin’s nomination out of the
Bitso, a Mexico-based cryptocurrency exchange, is expanding and strengthening its push into the Colombian market in the midst of growing interest in these new technologies in the country. Bitso has appointed Emilio Pardo as a new country manager, to debut the start of operations in Colombia in partnership with Banco de Bogota. Bitso Enters Colombian
Municipals were weaker Monday, with yields rising two to five basis points, as U.S. Treasuries saw losses reversing Friday’s rally, while equities ended in the red on continued geopolitical tensions between Russia and Ukraine. The municipal to UST ratio five-year was at 72%, 83% in 10 and 89% in 30, according to Refinitiv MMD’s 3
Artur Widak | NurPhoto | Getty Images The bitcoin narrative could be tested this week as investors monitor tense developments between Ukraine and Russia and weigh the possibility of the Federal Reserve hiking interest rates by 50 basis points, or 0.5 percentage point, in March. The largest cryptocurrency by market capital currency has long been
In this article SPLK CSCO Weber, which plans to trade on the New York Stock Exchange under the ticker ‘WEBR’ could be valued between $4 billion and $6 billion. Scott Olson | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Weber – Shares of the grill maker tumbled
Bitcoin (BTC) is attempting to form a higher low as investors take advantage of lower levels to accumulate. Twitter user PlanC recently highlighted that the balance of addresses having at least two significant incoming transactions but no outgoing transactions has soared to a 57 month high. However, not everyone is bullish on the future prospects
When the first iteration of the coronavirus descended on New York City in March 2020, almost two years ago, commerce pretty much ceased. No one went to stores. No one went to restaurants. In fact, no one except essential workers went much of anywhere at all. The city and its real estate market began to
This is an excerpt from the CNBC Make It newsletter. Subscribe here. If you’ve been paying attention to headlines (or your own lease renewal) then you’ve likely seen that rent is higher than it was a year ago. A lot higher. Putting a larger share of your income toward rent is, obviously, bad for your finances
In an interview on Thursday, Federal Reserve Bank of St. Louis President James Bullard discussed his outlook for monetary policy following a report showing surging consumer prices. He gave his view on whether a 50 basis-point interest-rate increase would be needed, and the possibility of raising rates between Federal Open Market Committee meetings. Here’s a
Cryptocurrency has become one of the most widely discussed topics of 2022. As such, it shouldn’t come as a surprise that mentioning “crypto” in an online dating profile may generate additional attention. A newstudy from brokerage firm eToro found that 33% of Americans who were surveyed would be more likely to go on a date
How much debt does New York State have outstanding and how is it issued? The answer for inquiring investors is “It may be more than you imagine.” The nonpartisan Volcker Alliance released an issue paper on Feb. 3 that takes an in-depth look at the Empire State’s municipal bonds and other debts the state owes
In this article ON SNAP RIOT SPOT LYFT Reuters Investors kicked off 2022 in a swirl of uncertainty, including the Federal Reserve’s move to tighten monetary policy, rising inflation and tension between Russia and Ukraine. Indeed, these factors so unsettled the market, the major indexes ended the prior week firmly in negative territory. Finding long-term