S&P 500 News - Coinspeaker

Xapo Bank to Offer Interest-Bearing Bitcoin Accounts in UK

Xapo Bank offers a unique 1% interest yield on Bitcoin without the need for staking, lending, or locking up assets.

Japan’s Nikkei Crash by 20% from July Highs, Crypto Rout Continues

Bitcoin News, Cryptocurrency News, Market News, News, Story of the Day

By Bhushan Akolkar Aug 5, 2024

Popular Bitcoin critic Peter Schiff also predicts a major downfall in the Bitcoin ETF market on Monday. He expects a gap down of nearly 15-30% on Monday, as the US market goes live for trading.

Bitcoin Shows Strong Divergence from Equities as BTC Price Drops Under $60,000

Bitcoin News, Cryptocurrency News, News, Story of the Day

By Bhushan Akolkar Jul 3, 2024

Bitcoin’s major divergence from the US equity market comes amid forced selling by BTC miners in order to cover their operational costs.

Bitcoin News, Cryptocurrency News, News

Top Analyst Turns Bearish on Tech Stocks and Crypto Ahead of Bitcoin Halving 2024

By Steve Muchoki Apr 16, 2024

Bitcoin price has struggled to rally beyond $72K despite its dominance against altcoins rallying further against all odds.

Altcoin News, Cryptocurrency News, News

Crypto Staking Rewards Surpass S&P 500 Dividends by 450%

By Chimamanda U. Martha Apr 3, 2024

The financial market is witnessing a significant shift in investment options as crypto staking rewards outshines the payouts investors receive from companies in the S&P 500 index, despite strong growth in both markets.

Bitcoin News, Cryptocurrency News, News

BlackRock’s IBIT Tops $1B in Trades as Bitcoin Price Tops $57K

By Godfrey Benjamin Feb 27, 2024

The upsurge in trading activity is ascribed to several factors, including FOMO, which was driven by Michael Saylor’s disclosure that MicroStrategy had expanded its BTC holdings

News

S&P 500 Rises to New 5,000 Record Following Impressive Earnings Reports and Reduced Unemployment Claims

By Tolu Ajiboye Feb 9, 2024

The data shows that over 50% of S&P 500 companies have posted their earnings, with more than 80% of them scaling analyst expectations.

Bitcoin News, Cryptocurrency News, News

90% of Bitcoin Holders in Profit, BTC Price Shoots $44,500 amid Whale Accumulation

By Bhushan Akolkar Feb 8, 2024

This resurgence in Bitcoin price is partially credited to the uptick in holdings among whale wallets containing over 1,000 Bitcoins.

News

Dow, Nasdaq, S&P 500 Had Their Worst Trading Days Since Last Year as Fed Signals No Rate Cuts

By Tolu Ajiboye Feb 1, 2024

The stock market reacted negatively to the Fed Chair’s comment indicating that the apex bank was uninterested in rate cuts until after March.

Market News, News

US Federal Reserve Maintains Current Interest Rate as Fed Chair Also Indicates No Rate Cuts in March

By Tolu Ajiboye Feb 1, 2024

According to Powell, its is unlikely that the Fed will be ready to cut interest rates at the March meeting.

Market News, News

S&P 500 Hits New Record Close as Market Awaits Wall Street Earnings and Fed Decision on Interest Rates

By Tolu Ajiboye Jan 30, 2024

While all three major indexes rose, the S&P 500 hit a new record barely a week after setting a previous one.

Bitcoin News, Cryptocurrency News, News

Fed Rate Cuts in 2024 Could Set New Bull Case for Bitcoin

By Bhushan Akolkar Jan 4, 2024

The Fed rate cuts could lead to monetary easing allowing fresh funds to flow into risk-on assets such as Bitcoin and other cryptocurrencies.

News

Wall Street Soars on Dovish Fed and Positive Economic Outlook

By Godfrey Benjamin Dec 20, 2023

Positive economic indicators, such as an 18% surge in groundbreaking new single-family homes in November, contributed to the optimistic outlook.

News

S&P 500, Dow Jones, Nasdaq Record Increases as Investor Sentiment Improves on Expected Fed Rate Cuts

By Tolu Ajiboye Dec 19, 2023

The three major indexes, the S&P 500, the Dow, and the Nasdaq are enjoying a continued rally as the market hopes for rate cuts.

News

Dow Records 158 Point Rise on Thursday as Economic Data Shows General Improvement

By Tolu Ajiboye Dec 14, 2023

There was a general rise in the Dow, S&P 500 and Nasdaq Composite indexes following hints that the Fed policy would favor the general market.