December 21, 2024
MicroStrategy Hits The Nasdaq 100: What It Means For The Bitcoin Firm
MicroStrategy (MSTR) will be included in the Nasdaq 100 stock market index, beginning one of the ultimate vampire attacks on the stock market.
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December 20, 2024
European stocks slide as Trump’s warning spooks investors
European shares were on course to post their worst week in three months on Friday, as U.S. President-elect Donald Trump’s comments about potential tariffs on the European Union further spooked investors already worried about the rate outlook.
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December 20, 2024
US consumer spending rises in November; monthly inflation benign
U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy’s resilience, which saw the Federal Reserve this week projecting fewer interest rate cuts in 2025 than it had in September.
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December 19, 2024
Oil up after US crude stocks fall, Fed’s 2025 outlook curbs gains
Oil prices settled higher after U.S. crude inventories fell and the U.S. Federal Reserve cut interest rates as expected, but gains were capped as the Fed signalled it would slow the pace of cuts. The Oil-Dollar pair rose 0.8% in the last session. The Stochastic indicator is giving a positive signal.Support: 68.43 | Resistance: 71.91
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December 19, 2024
Tether USDT trading continues across Europe despite Coinbase delisting
Cryptocurrency exchanges in Europe are continuing to support Tether’s USDt stablecoin, even after Coinbase announced its delisting for European customers to comply with upcoming regulatory requirements. Top exchanges, including Binance, Crypto.com and Kraken, have retained trading support for Tether’s USDt. After a 2.7% dip during the last session, the Bitcoin-Dollar pair closed with a 1.2% […]
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December 19, 2024
Stocks decline after Fed cuts rates as expected
U.S. stocks fell, erasing earlier gains after the Federal Reserve cut interest rates by a quarter of a percentage point and the central bank’s economic projections signaled a slower pace of cuts next year. The Fed cut rates by 25 basis points to the 4.25%-4.50% range. The U.S. Federal Reserve cut interest rates and signaled […]
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