Cardano prepares to enter the decentralized application space as smart contract functionality arrives. Cardano’s Alonzo update brings the network much closer to its full capabilities. The Alonzo hard fork is a major...
Editorial Staff
Market Wrap: Bitcoin Stalls Near $50K Ahead of Options Expiration Date
Bitcoin slipped below $50K and will likely consolidate this week, analysts say. Bitcoin stalled after approaching the $50,000 resistance level on Monday. The cryptocurrency was trading at about $49,500 at press time and...
Pfizer, Boeing, Best Buy, Palo Alto Networks: 5 Things You Must Know Tuesday
1. — Stock Futures Rise After Pfizer COVID Vaccine Gets Full FDA Approval Stock futures rose Tuesday with investors in a buying mood after the Food and Drug Administration gave full approval for Pfizer and...
PayPal Brings Crypto Service to UK Customers
Rollout of PayPal’s first expansion of its crypto offering outside the U.S. will begin this week. PayPal is extending its crypto service to the U.K., allowing customers to buy, sell and hold four different...
How An Institution Is Preparing For The Big Alibaba Rebound Play
Alibaba Group Holding Ltd -ADR (NYSE: BABA) has been slaughtered since October 2020 when it reached an all-time high of $319.32. The sharp decline has been partly due to poor U.S./China relations as well and Chinese...
Bitcoin Trades Above $50K Psychological Resistance for First Time in 3 Months
Bitcoin is once again trading above the $50,000 price tag, hitting the mark for the first time in over three months. The world’s largest cryptocurrency by market value is up 2.5% over a 24-hour period and is currently...
Tesla and Robots, Applied Materials, J&J, Apple: 5 Things You Must Know
Stock futures fall as investors grapple with the spread of the delta variant and the impact of the virus on growth; Tesla is building humanoid robots; Applied Materials beats earnings estimates and issues an upbeat...
Stock Futures Fall After Fed Highlights Taper Talk
Stock futures dropped Thursday morning to extend losses from a day earlier, driven by jitters over a potential shift in monetary policy that might remove some of the stimulus underpinning equity markets. Contracts...
Bitcoin Price Rebounds After Testing Lower Supports Near $44K As Ether Booms
Bitcoin continues to cool on multiple attempts at $50,000, though that may be less of a concern given demand from bigger players, some say. Bitcoin is up over $500 on a 4-hour basis after testing lower supports near...
Here’s What Vanguard Found to be the Most Potent Inflation-Fighting Asset Class
Not all inflation hedges are created equally. Investors certainly have been flocking to Treasury inflation-protected securities, or TIPS, with the yield on the 10-year TIPS near a record low, at negative 1.08% on Monday...
