Stock Market Today: Dow, S&P Live Updates for February 22

Stock Market Today: Dow, S&P Live Updates for February 22

The Circuit Hosted by high-profile journalist Emily Chang, The Circuit is a fast-paced, dynamic series that lives at the intersection of culture, tech, entertainment, and business. Every week, Chang will go on location to meet the world’s most fascinating founders, influencers, and innovators, conducting intimate interviews and bringing audiences behind the scenes of the most … Read more

Bitcoin tops $40,000 for first time since May 2022 as momentum builds

Bitcoin tops $40,000 for first time since May 2022 as momentum builds

Bitcoin and ether hit 2023 highs Rate cut and ETF optimism driving gains Signs of institutional buyers in November – market maker LONDON/SINGAPORE, Dec 4 (Reuters) – Bitcoin has broken above $40,000 for the first time since May 2022 as it rides a wave of momentum on broad enthusiasm about U.S. interest rate cuts and … Read more

Fidelity Aims to Break Into an ETF Market Dominated by Vanguard

Fidelity Aims to Break Into an ETF Market Dominated by Vanguard

Fidelity Investments is seeking clearance that would allow some of its best-known mutual funds to also operate as exchange-traded funds, becoming the largest firm to challenge Vanguard Group’s former monopoly on the concept. The Boston-based firm applied Tuesday for a government waiver that would allow its actively managed mutual funds to also issue a separate … Read more

Is Stock Market in a Correction? What S&P 500 200-Day Moving Average Tells Us

Is Stock Market in a Correction? What S&P 500 200-Day Moving Average Tells Us

The rout in US stocks has brought the S&P 500 Index to a crucial inflection point. It’s teetering near a correction after breaching 4,200 for the first time since May — a key technical level that may point to a longer-term selloff. If the selling continues and the benchmark gauge for American equities stays below … Read more

This Is ‘Not Priced In’—A ‘Huge Shift’ Just Happened That’s About To Blow Up The Bitcoin, Ethereum, XRP And Crypto Market

This Is ‘Not Priced In’—A ‘Huge Shift’ Just Happened That’s About To Blow Up The Bitcoin, Ethereum, XRP And Crypto Market

BitcoinBTC and cryptocurrency traders are on the edge of their seats as Wall Street giants quietly lay the ground work for the next bitcoin price bull run. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market rollercoaster ahead of next year’s historical bitcoin halving! The bitcoin price this … Read more

Bankman-Fried Trial, Hamas Funding, Fake Bitcoin ETF News Dog Crypto

Bankman-Fried Trial, Hamas Funding, Fake Bitcoin ETF News Dog Crypto

In this issue of the Bloomberg Crypto newsletter, Michael P. Regan sorts through a load of crypto dirty laundry: Crypto, almost from the beginning, has been a magnet for criticism. And the list of the most common knocks against it is long. Yet rarely have real-world examples of its assorted risks and vulnerabilities piled up … Read more

US SEC does not plan to appeal court decision on Grayscale bitcoin ETF -source

US SEC does not plan to appeal court decision on Grayscale bitcoin ETF -source

The headquarters of the U.S. Securities and Exchange Commission (SEC) are seen in Washington, July 6, 2009. REUTERS/Jim Bourg/File Photo Acquire Licensing Rights NEW YORK, Oct 13 (Reuters) – The U.S. Securities and Exchange Commission (SEC) will not appeal a recent court ruling that found it was wrong to reject an application from Grayscale Investments … Read more

Bitcoin Calm Shatters With Sudden Tumble, Mass Liquidations

Bitcoin Calm Shatters With Sudden Tumble, Mass Liquidations

A period of unusual calm in crypto markets ended abruptly this week as the notion of higher-for-longer interest rates sparked a selloff in risk assets like Bitcoin, leading to mass liquidations of bullish bets. The rout pushed Bitcoin from near $29,000 to as low as $25,314 in a 24-hour span before the biggest token recovered … Read more