April 13, 2021
Via: CNBCBitcoin surged to a fresh record high of more than $63,000 on Tuesday, as investors awaited the highly-anticipated stock market debut of cryptocurrency exchange Coinbase. The price of bitcoin climbed as high as $63,236, according to data from Coin Metrics, […]
March 29, 2021
Via: CNBCThe Federal Reserve is not keeping monetary policy easy so the government can continue running up debts and deficits, Fed Governor Christopher Waller said Monday. Defending the Fed’s independence from the fiscal authorities in Congress, Waller rejected notions that the […]
March 22, 2021
Via: Markets InsiderFederal Reserve Chair Jerome Powell said Monday that, while the central bank is still exploring the potential for a central bank digital currency, cryptocurrencies like bitcoin can’t serve as an effective replacement to the US dollar. Bitcoin has enjoyed new […]
Capital, Finance Tech, Liquidity
March 19, 2021
Via: CNBCIt took the SPAC market just three months to outdo its record-breaking 2020, but sustaining that level of jaw-dropping growth will be no easy task. The funds raised via U.S. special purpose acquisition companies have totaled $87.9 billion so far […]
Finance Tech, Liquidity, Trading
March 1, 2021
Via: CNBCRising bond yields that shook investors the last couple weeks are well short of anything that poses a broader threat to the market, according to Goldman Sachs strategists. Longer-duration government bond yields have hit levels last seen before the Covid-19 […]
Finance Tech, Liquidity, Trading
February 26, 2021
Via: CNBCLongtime trader Art Cashin told CNBC on Friday that investors should brace themselves for a period of stock market volatility as Wall Street digests rising bond yields. “You have to be very careful. There is a fine line. If the […]
Capital, Finance Tech, Liquidity
February 25, 2021
Via: CNBCMore and more wealthy art collectors are cashing in on low interest rates to borrow against their Picassos and Basquiats, adding to risks of a leveraged boom and bust in the art market. The Fine Art Group, an art advisory […]
February 9, 2021
Via: TheStreetBitcoin hit a fresh record Tuesday, surging above $48,000 for the first time following Tesla’s (TSLA) – Get Report disclosure that it has made a $1.5 billion investment in the world’s largest cryptocurrency. Bitcoin traded as high as $48,226, according […]
January 27, 2021
Via: ABC NewsThe Federal Reserve pledged on Wednesday to keep its low interest rate policies in place even well after the economy has sustained a recovery from the viral pandemic. The Fed said in a statement after its latest policy meeting that […]
January 25, 2021
Via: CNBCBitcoin’s price rose on Monday after a brutal sell-off that saw the virtual currency briefly dip below $30,000. Meanwhile, ether — the world’s second-biggest cryptocurrency — hit a fresh record high. Bitcoin rose more than 7.4% in the last 24 […]
April 22, 2021
April 21, 2021