Bitcoin’s recent surge to a record $104,000 has triggered significant profit-taking among long-term holders, according to CryptoQuant data.
BofA, Wall Street’s Biggest Pound Bull, Sees Another 8% Gain
(Bloomberg) -- Bank of America Corp. has emerged as Wall Street’s biggest pound bull, pushing a 2025 forecast that sees the currency hitting its highest level against the euro since 2016 and surging 8% versus the dollar.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe US bank is calling for the pound to advance to 80 pence per eu
RBI Holds Rates, Adds Liquidity to Boost Slowing Economy
(Bloomberg) -- Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.Most Read from BloombergNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampKansas City Looks Back on its Long, Costly Ride With MicrotransitAs Wars Rage, Cities Face a Dark New Era of Urban DestructionIndia’s central bank left the benchmark interest rate unchanged, while taking steps to
FOMO Traders Beware, Bitcoin's 'High-Wave' Price Action Points to Confusion: Godbole
BTC's latest price action signals considerable confusion in the market in a shift away from the recent dominance of the bulls.
Morning Bid: Risk-wary markets count down to payrolls
Risk sentiment took a hit in Asia on Friday from renewed political rumblings in South Korea, rattling investors' nerves as they awaited a crucial U.S. nonfarm payrolls report that could alter the odds of a Federal Reserve rate cut this month. Once markets caught word that there could be another martial law declaration in South Korea, heavy selling hammered the Korean won and the Seoul share market. South Korean authorities were quick to act.
FOMO as Bitcoin price surges past $100,000: Is it too late to invest in cryptocurrency?
The cryptocurrency Bitcoin has climbed beyond the $100,000 mark. Will it keep climbing or will it crash? What should investors know?
Bitcoin ETFs Surge as Price Breaches $100K
Bitcoin reached two milestones on Thursday, boosting bitcoin ETFs.