MicroStrategy Poised for Nasdaq 100 Entry: Momentum Builds for Bitcoin Pioneer
MicroStrategy has, so far, employed a rather aggressive approach in its Bitcoin accumulation.
Bitcoin Price Stuck at $41K as Traders Eye Fed Rate’s Decision
As the crypto market braces for the Federal Reserve’s decision, traders are showing caution, evidenced by a 40% drop in trading volume over the last 24 hours.
Japan’s Nikkei 225 Enters Fifth Straight Losing Plunge as Global Economy Fluctuates
By Tolu Ajiboye
The Nikkei is reflecting a general plunge in the global financial economy as it saw a plunge today despite hitting a high last week.
Crypto Prices Rise as Traditional Markets and Tech Stocks Decline
By Tolu Ajiboye
Block, MicroStrategy, and Coinbase experienced drawdowns alongside traditional markets even as crypto prices experienced a rise on Monday.
Dow Jones Futures Add 300 Points on News of Waning Inflation
By Tolu Ajiboye
Futures tied to the Dow Jones and other leading indexes climbed significantly after reports suggested that inflation may be slowing.
Higher Interest Rate Impacts US Stock Futures
The third consecutive 0.75 percent point increase announced by the Federal Reserve has impacted stocks across different sectors.
Federal Reserve Set to Increase Interest Rate by Another 75 Basis Points
At the moment, the terminal rate is projected to be at 3.8% in 2023, but from the current inflation and its handling, the Fed will have to adjust these figures as well.
Dow Futures Tumble 250 Points after FedEx Recession Warning, Continuing Big Losses for Week
By Tolu Ajiboye
Dow futures and multiple other major averages fell on Friday following gloomy FedEx figures even as a possible recession looms.
Stock Futures Rebound but S&P 500 Remains in Bearish Zone
The stock futures and the broader market is bound to see more pricing pressures with the proposed interest rate hike as planned by Federal Reserve officials.
Cryptocurrency Market Dodges Recession Fears as Prices Move North
With the US GDP shrinking and interest rates rising, the crypto market so far hasn’t given up to the macro uncertainty. August could be a month of volatility.
Stock Futures Rise amid Generally Bleak Market as Goldman Sachs Posts Better-than-Expected Earnings
By Tolu Ajiboye
The stock futures tied to all three major indexes advanced after Goldman Sachs’ latest earnings report came in better than expected.
US Stock Futures Take Dip on Wednesday Ahead of Inflation Data
After two consecutive days of rally, the US stock index futures take a dip as selling pressure builds ahead of Friday’s Key inflation data.
Massive Selloff Hits Global Crypto Industry as Investors Weigh on Macro Risks
The 10-Year Treasury Yield grew by 2.78% representing a three-year high. Events that push these yields to historic highs typically fuel the dumping of risky assets.
Stock Futures Fall in Anticipation of Imminent Fed Meeting This Week
By Tolu Ajiboye
US stock futures across the board early Tuesday morning continued to fall following a highly volatile trading session.
Bitcoin Market Drops 9% amid General Decline in Equities Market
By Tolu Ajiboye
Bitcoin and other assets experienced market drops in premarket trading on Monday, responding to several serious factors such as the COVID pandemic.