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Bitcoin open interest, the value of all open BTC derivatives positions, has dropped more than 25% this year. This comes as the cryptocurrency broke through the $23,000 resistance level over the...
Following a strong rally in the crypto market over the past week, the correlation between Bitcoin and U.S. equities has been declining. As of this writing, BTC’s 30-day correlation to Nasdaq...
Alphabet (NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL), Meta Platforms (NASDAQ:META), and Microsoft (NASDAQ:MSFT) are responsible for nearly half of the S&P 500’s losses over the...
The crypto market held onto its gains Friday after rising sharply Thursday following the cooler CPI report.Bitcoin and Ether retained their Thursday gains on Friday, taking the global crypto market...
The Bank of Japan (BOJ) has announced plans to purchase additional government bonds as the country’s inflation likely hit a fresh 41-year-high in December. The central bank might consider...
The World Economic Forum (WEF) delivered its Global Risks Report for 2023. Ahead of the WEF’s Davos meeting, the report runs down global challenges businesses and individuals will likely face...
Inflation cooled down to 6.5% in December, compared to consensus estimates of 6.5%, according to the new CPI print. Core CPI stood at 5.7%, while economists expected a 5.7% annual increase.Core CPI...
Bitcoin has seen a sharp decline in volatility entering 2023. The flagship cryptocurrency has been more stable than gold, the dollar index, the Nasdaq, and the S&P 500 over the past nine days. On...
December's jobs report may be strong, but the labor market is yet to catch up with recessionary forces.Defying expectations, the latest job report for December shows a rise in employment by 0.2%....
Shares of Bed Bath & Beyond (NASDAQ:BBBY) are down more than 12% in the market pre-open after the retailer warned of potential bankruptcy. The company also said it is bracing for a notable Q3 loss...
From a potential “Ethereum killer,” Solana became one of the worst-performing assets in 2022. Although the network’s SOL cryptocurrency lost 92% of its value, that is not the only...
Shares of Credit Suisse (NYSE:CS) are up in Tuesday’s trading as the bank announced a staff reshuffling after the co-chief of its European investment banking unit, Cathal Deasy, stepped down...
Bitcoin miners can use specialized instruments to hedge their exposure to bitcoin's volatility and surging energy costs.Bitcoin mining companies have struggled with shrinking revenue in 2022 amid...