The stock market’s decline coincided with a significant increase in bond yields. However, market experts remain cautiously optimistic about the overall trajectory.
Fed Chair Jerome Powell said that if is required, they won’t hesitate to rise interest rates further in order to bring the inflation to its desired target of 2%.
As the Bitcoin market continues to surprise with its resilience and unexpected surges, investors and enthusiasts eagerly await regulatory developments.
The mere possibility of spot Bitcoin ETF approvals has injected fresh optimism into the crypto market.
While the crypto community eagerly awaits the SEC’s decision regarding Grayscale’s ETF application and others, SEC Chair Gary Gensler remains cautious in sharing specific details about the commission’s next steps.
Market analysts believe the new updates released by OpenAI significantly contributed to the rise of Microsoft (MSFT) shares.
Given BTC price’s continuous rejection of the $35k zone, it is possible that we may witness Bitcoin correction to $31k.
A Circle spokesperson confirmed that a public listing is not exactly far from the firm’s aspirations.
Binance web3 wallet possesses advanced security features like wrong address protection and malicious contract detection.
The Dow had the weakest performance among the three major indexes during Tuesday’s session, primarily due to several declining stocks.
The decline in oil prices followed the release of China’s mixed economic data. This data countered the impact of oil production cuts by Saudi Arabia and Russia.
WeWork has filed to begin bankruptcy proceedings to protect itself as it reorganizes debt in US and Canada only.
Analysts are expecting the Fed to pivot by March 2024 and begin the first rate cuts. Bitcoin and the crypto market are expected to rally in this scenario.
The UBS report for Q3 2023 showed that the company’s net loss increased because of expenses necessary due to the Credit Suisse integration.
To make the product widely accessible for developers, OpenAI said the new model comes with a more affordable pricing structure than its predecessor GPT-4.