Inflation fears send Bitcoin below $32K

Crypto sinks with stocks on economic uncertainty Bitcoin’s summer slump continues, with prices falling below $32K as post-pandemic inflation fears wash over the cryptocurrency market. The U.S. Labor Department released data last week showing that U.S. consumer prices spiked beyond expectations in June. Major stock indices started falling shortly afterwards, and Bitcoin — already feeling jittery aboutContinue reading “Inflation fears send Bitcoin below $32K”

Despite tense moments, the bulls triumph again

Last Week’s Top Five Market Winners Nasdaq Stock Market (NASDAQ) The past week included significant gains for Newegg Commerce Inc. (NEGG), Stamps.com Inc. (STMP), Toughbuilt Industries, Inc. (TBLT), Overstock.com Inc. (OSTK) and Weibo Corp. (WB). Newegg Commerce Inc. (NEGG) shares continued to soar along with the computer parts retailer’s investor popularity as a meme stock.  Stamps.comContinue reading “Despite tense moments, the bulls triumph again”

Volatility drops in directionless digital asset market

Will sideways trading give way to volatility as Grayscale shares unlock? A summer lull has descended on the digital asset market, as Bitcoin struggles to find clear direction amidst an ample supply of both bullish and bearish headlines. Visa said on Wednesday that more than $1 billion worth of crypto has been spent using their crypto cards in theContinue reading “Volatility drops in directionless digital asset market”

New highs for Wall Street

Last Week’s Top Five Market Winners Nasdaq Stock Market (NASDAQ) The past week showed significant gains for ORBCOMM Inc. (ORBC), Cara Therapeutics (CARA), IZEA Worldwide Inc. (IZEA), Fintech Acquisition Corp. V (FTCV) and Caesars Entertainment Inc. (CZR). ORBCOMM Inc. (ORBC) shares skyrocketed after the satellite telecommunications company announced that it was going private and was beingContinue reading “New highs for Wall Street”

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