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  • Cryptocurrency News

    Asian stocks dive after Fed flags slower rate cuts, BOJ decision awaited

    by skolnes December 19, 2024
    December 19, 2024

    By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks slid, bond yields rose and the dollar was perched near a two-year high on Thursday after the U.S. Federal Reserve cautioned it …

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    Hot on the Heels of Gold Funds

    by skolnes December 19, 2024
    December 19, 2024

    gold bitcoin etf Spot bitcoin ETFs, on the market for less than a year, are on the cusp of overtaking gold exchange-traded funds in terms of assets held as investors bet billions …

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    ‘BTC Doesn’t Generate Any Income’

    by skolnes December 18, 2024
    December 18, 2024

    Bitcoin Is No Manhattan Real Estate, Peter Schiff Challenges MicroStrategy’s Micheal Saylor: ‘BTC Doesn’t Generate Any Income’ Financial market commentator Peter Schiff on Tuesday criticized Michael Saylor’s comparison of MicroStrategy …

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    S&P 500 Sees Worst Fed Day Since 2001; Yields Up: Markets Wrap

    by skolnes December 18, 2024
    December 18, 2024

    (Bloomberg) — The Federal Reserve jarred US markets Wednesday, pushing stocks lower and sending Treasury yields soaring, after forecasting fewer interest rate cuts next year. It was the worst loss …

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  • Cryptocurrency News

    Fed’s ‘hawkish cut’ slams markets, BOJ up next

    by skolnes December 18, 2024
    December 18, 2024

    By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The Federal Reserve has spoken, and as far as investors are concerned, the message was clear …

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    Dow, S&P 500, Nasdaq clobbered as Fed, Powell signal fewer rate cuts in 2025

    by skolnes December 18, 2024
    December 18, 2024

    Stocks were clobbered Wednesday after the Federal Reserve, despite slashing interest rates by 25 basis points, signaled it would cut fewer times next year than previously projected. All three major …

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  • Cryptocurrency News

    The Fed Did More Than Lower Rates

    by skolnes December 18, 2024
    December 18, 2024

    The Fed Did More Than Lower Rates Source Link

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  • Cryptocurrency News

    Oil Pares Gain as Fed’s Outlook Tempers US Inventory Optimism

    by skolnes December 18, 2024
    December 18, 2024

    (Bloomberg) — Oil rose as strong US crude exports signaled firm global demand before paring gains after the Federal Reserve reduced the number of rate cuts it expects to make …

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  • Cryptocurrency News

    Fed Tweaks Rate on Key RRP Tool for First Time Since 2021

    by skolnes December 18, 2024
    December 18, 2024

    (Bloomberg) — The Federal Reserve, in addition to its main interest-rate cut, lowered the rate on a facility used to help control its benchmark as it aims to keep US …

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  • Cryptocurrency News

    Dow, S&P, Nasdaq slide as Fed cuts rates, signals 2 more reductions in 2025

    by skolnes December 18, 2024
    December 18, 2024

    The Federal Reserve lowered interest rates on Wednesday by 25 basis points to a range of 4.25%-4.5% at its final meeting of the year and signaled that it would slow …

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