Union strikes from Detroit to Hollywood have proven the power of workers and turned the tide after decades of a weakened labor movement, but the signs are increasing in the nationwide job market that the post-pandemic era of worker control over wage growth and job opportunities is coming to...
Bitcoin, the largest cryptocurrency by market value, experienced its first-ever halving 11 years ago today. As the community celebrates the anniversary of the first Bitcoin halving, it’s timely to revisit some of Bitcoin’s historical milestones ahead of the next halving expected in April 2024.
The first Bitcoin transaction occurred nearly 15...
Bitcoin may cruise to nearly $50,000 as the United States okays the first spot BTC exchange-traded fund (ETF).
As flagged by popular analyst CryptoCon, the Ichimoku Cloud indicator is counting down to upside BTC price continuation.
Analysis: $43,000 BTC price is “most conservative level”
Bitcoin is in a rare position on weekly timeframes when...
Bitcoin deposits and withdrawals have returned to the Justin Sun-linked crypto exchange HTX, formerly Huobi, after it suffered a $30 million exploit on Nov. 22.
In a Nov. 26 blog post, HTX said deposit and withdrawal functionality is back for multiple currencies, including BTC, Ether, Tron and Tether.
In a later post...
The Federal Reserve's preferred inflation measure will be the main obstacle for stock market bulls looking to extend the recent rally in the week ahead.
Thursday morning will bring the release of the Personal Consumption Expenditures (PCE) index for October, and economists expect "core" PCE inflation — the Fed's preferred...
Stock futures dipped on Sunday evening as Wall Street looks to build on four straight positive weeks for the equity market.
Futures for the Dow Jones Industrial Average ticked down 38 points, or 0.1%. Futures for the S&P 500 and Nasdaq 100 slipped about 0.2% each.
Wall Street is coming off...
A state-owned Chinese bank will link the digital yuan to the “world’s biggest small commodities market” via the latter’s payment platform.
Per the People’s Daily, the new “cross-border” CBDC drive is the brainchild of the Bank of China and the city of Yiwu.
Not to be confused with the central People’s...
Previously struggling sectors of the stock market are now rebounding to help drive a year-end rally.
The stock market gained steam in early November as investors gained confidence the Federal Reserve was likely done with its historic series of interest rate hikes this year - and picked up again in...
US stocks closed mixed on Friday amid a low-volume day of trading following the Thanksgiving holiday.
The Dow Jones Industrial Average (^DJI) closed up about 0.3%, or more than 100 points higher, while the benchmark S&P 500 (^GSPC) hugged the flatline. The tech-heavy Nasdaq composite (^IXIC) lagged, falling roughly 0.1%.
All...
A significant number of Grayscale Bitcoin Trust (GBTC) shares have been bought in the secondary market this year at a deep discount to net asset value (NAV) in anticipation the trust’s conversion to an exchange-traded fund (ETF) will be approved by the U.S. Securities and Exchange Commission (SEC), JPMorgan (JPM) said...
