News

Bitcoin sees violent volatility after hitting new ATH second time in a week

Bitcoin hit a new all-time high for the second time this week and once again experienced a violent sell-off that erased its gains and stirred memories of past volatilities in the crypto space. Bitcoin broke its previous record early in the US trading hours on March 8, climbing to an all-time high of $70,136 after […]
The post Bitcoin sees violent volatility after hitting new ATH second time in a week appeared first on CryptoSlate.

8 Mar 2024

SHIB’s 106% Move Higher Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update

Bitcoin cash and ethereum classic also posted significant gains as all 20 cryptos in the gauge appreciated.

8 Mar 2024

USD/JPY Sinks on Bets BoJ Will End Negative Rates Soon, US Inflation in Focus

USD/JPY extends losses on speculation that the Bank of Japan may be warming up to the idea of ending negative rates during its March monetary policy meeting.

Forex

8 Mar 2024

‘Groundhog Day’ in Crypto as Bitcoin Again Plunges Following New Record

Bitcoin briefly rose above $70,000 Friday, but immediately tumbled to $67,000, repeating Tuesday's action.

8 Mar 2024

When Wall Street Rolls Out the Red Carpet for You, Who Pays?

The investing business thrives on fees. No wonder it’s pile-driving investors into private assets.

News

8 Mar 2024

Ether Hits $4K for First Time in More Than Two Years

The second-largest cryptocurrency last surpassed that level in December 2021.

8 Mar 2024

Protocol Village: Arbitrum Orbit Layer 3s Now Available on Coinbase Layer-2 Base

The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 7-March 13.

8 Mar 2024

US Dollar Falls Further After US NFP Beat But January Number Revised Sharply Lower

The latest US Jobs Report (NFPs) beat market expectations – 275k vs. 200k forecast – but the blowout January number of 353k was revised sharply lower to 229k.

Forex

8 Mar 2024

U.S. Added 275K Jobs in February; Unemployment Rate Unexpectedly Rose to 3.9%

So far in 2024, bitcoin's concerns about the path of the economy or interest rates have taken a back seat to the overwhelming demand from the spot ETFs.

8 Mar 2024

First Mover Americas: Ether Approaches $4K

The latest price moves in bitcoin (BTC) and crypto markets in context for March 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

8 Mar 2024

Coinbase Upgraded to Neutral as Goldman Sachs Ends Bearish Stance

The bank lifted its rating on the stock after bitcoin hit record highs and the crypto exchange’s trading volume reached levels not seen since 2021.

8 Mar 2024

Bankrupt Cryptopia Exchange to Return Crypto to Some Creditors

The New Zealand exchange went offline in 2019 following a cyber attack that saw millions of dollars worth of tokens stolen.

8 Mar 2024

PEPE Leads Meme Coin Rally as Ether Nears $4K

Traders have been using meme tokens as a proxy bet on the growth of Ethereum or other blockchains.

8 Mar 2024

Ethereum (ETH) Price Chart Looks Primed for Further Gains in the Coming Weeks

Ethereum is bubbling under the $4k level after a sustained rally since late-January. The medium-term outlook remains positive but care needs to be taken in the short-term.

Forex

8 Mar 2024

Stablecoin Project Ethena Labs Bags $4M for USDe Treasury

The stablecoin earns yield by shorting ether futures and capturing funding rates - which have surged in the past two weeks.

8 Mar 2024

Unless You’re Nvidia, the AI Chip Business Is Complicated

Broadcom and Marvell shares have surged on AI hype, but other chip segments weigh on results.

News

8 Mar 2024

FTSE 100, S&P 500 and Nasdaq 100 Benefit from Rate Cut Expectations

Outlook on FTSE 100, S&P 500 and Nasdaq 100 ahead of US Non-Farm Payrolls

Forex

8 Mar 2024

Bitcoin Is Unlikely to Match Gold’s Allocation in Investors’ Portfolios in Nominal Terms: JPMorgan

The bitcoin spot ETF market could grow to around $62 billion in the next two to three years, the report said.

8 Mar 2024

Cruises Are More Popular Than Ever—and Investors Are Late to the Party

This year’s ‘wave season’ will break revenue records for cruise lines, but investors are wary of the massive debts the industry took on during the pandemic.

News

8 Mar 2024

Rivian Follows Tesla’s Lead, but Is It Too Late?

While the EV startup can serve more customers with a $45,000 sport-utility vehicle, the market is getting crowded.

News

8 Mar 2024

US Dollar Remains Weak, Gold and Bitcoin Eye Fresh Highs as US NFPs Near

Fed Chair Powell pushed the US dollar lower yesterday after indicating that rate cuts are on the horizon, a similar view to ECB President Lagarde earlier in the day.

Forex

8 Mar 2024

Optimism Sells $89M OP Tokens in Private Transaction

The tokens have been sold to an undisclosed buyer and will be vested for two years.

8 Mar 2024

Return of Animal Spirits? Bitcoin Traders Lock $20M in the $200K Call Option

Bitcoin traders are having a relook at the $200,000 call option after a gap of nearly three years.

8 Mar 2024

How This Web3 Gamer Loses Crypto Life Savings to Compromised Software

After cleaning his computer and feeling reassured, he received notifications from all his primary wallets, only to discover that all his funds had been depleted.

8 Mar 2024

Is it Good to Invest in Philippine Preferred Shares

A preferred share, also called preferred stock, is just like any stock of a company. It represents part-ownership of the business, and people who acquire them have interest in its commercial success. As mentioned in the discussion on what is a stock an...

News

8 Mar 2024

Invest ASEAN Conference positions the region as a compelling investment destination to Australian investors

Melbourne, Australia, 7 March 2024 – The ASEAN Exchanges, led by Bursa Malaysia and its broker partner, Macquarie Capital, today hosted the Invest ASEAN Conference 2024 in Melbourne, Australia, to promote ASEAN capital markets as a compelling investment destination. Entitled ‘Gateway to ASEAN Investment: Empowering Opportunities for Sustainable Growth’, the event provided institutional investors based…

News

8 Mar 2024

U.S. Will Appeal Do Kwon’s Extradition to South Korea: Report

The U.S. will appeal the ruling of a Montenegro Court to hand Terraform Labs co-founder Do Kwon to South Korea, according to Bloomberg.

8 Mar 2024

Coins.ph P8B Milestone, Bitcoin NFTs Tops Ethereum, and Memecoins Market Shines

Be updated on all things crypto today with Coins ATBP., your weekly crypto news round-up.

8 Mar 2024

Domestic Liquidity Grows by 6.0 Percent, Year-on-Year in January

PDate: 3/8/2024
Content: Preliminary data showed that domestic liquidity (M3) grew by 6.0 percent year-on-year to about ₱17.0 trillion in January 2024 from 6.2 percent (revised) in December 2023. On a month-on-month seasonally-adjusted basis, M3...

News

8 Mar 2024

Bank Lending Expands by 7.8 Percent, Year-on-Year, in January

PDate: 3/8/2024
Content: Preliminary data indicated that outstanding loans of universal and commercial banks (U/KBs), net of reverse repurchase (RRP) placements with the BSP, went up at a faster rate of 7.8 percent year-on-year in January 2024 from 7....

News

8 Mar 2024