A “For Sale” sign outside a house in Albany, California, US, on Tuesday, May 31, 2022. Homebuyers are facing a worsening affordability situation with mortgage rates hovering around the highest levels in more than a decade. Joe Raedle | Bloomberg | Getty Images Mortgage rates pulled back for the second straight week last week, and
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Amid the panic over lawsuits against major cryptocurrency exchanges, one Bitcoin (BTC) advocate argued that the BTC market is much bigger than the one tracked by exchanges. The total Bitcoin market is not limited to Binance, Coinbase or any other crypto exchange, Jan3 CEO Samson Mow told Cointelegraph at the BTC Prague conference on June
Gilt yields surged to the highest since 2008, surpassing the level reached during the turmoil following Liz Truss’s mini Budget, after strong UK wage growth data on Tuesday. Wage growth accelerated in the three months to April against a backdrop of rising employment, raising the likelihood of further interest rate rises. Two-year gilt yields rose
A JD.com truck receiving incoming goods and preparing shipments at the Northeast China-based Gu’an warehouse and distribution facility in Gu’an, Сhina. XiXinXing | iStock Editorial | Getty Images Check out the companies making headlines in midday trading. Biogen — Shares of the biotech stock dipped 3% after Biogen revamped its board of directors. Three current
Bitcoin (BTC) fell back in line at the June 12 Wall Street open after a brief macroeconomic data jolt failed to shift the status quo. Markets expect first Fed pause since 2021 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD continuing to circle $26,000, avoiding major volatility. The largest cryptocurrency saw a brief spike
Stablecoin issuer Tether minted a fresh batch of $1 billion worth of USDT (USDT) on the Ethereum blockchain on June 12. The latest billion-dollar mint for the stablecoin issuer comes within two months of its last mint on April 21. Tether CTO Paolo Ardoino took to Twitter to clarify that the latest USDT mint is part
Both Britain and America flatter themselves that their political systems are admired all over the world. The UK is the home to the “mother of parliaments”. The US is the “leader of the free world”. The two countries see themselves as mature democracies; models that other nations can emulate. But the last few years have
In this article KEY CCL ORCL CTLT ILMN Follow your favorite stocksCREATE FREE ACCOUNT The Carnival Miracle cruise ship operated by Carnival Cruise Lines sits docked at Pier 27 on September 30, 2022 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making the biggest moves midday: Carnival — The stock
A bearish trend formation has been pressuring cryptocurrency prices for the past eight weeks, driving the total market capitalization to its lowest level in more than two months at $1.06 trillion, a 2.4% decline between June 4 and June 11. This time, the move wasn’t driven by Bitcoin (BTC), as the leading cryptocurrency gained 0.8%
The United States securities regulator designated a slate of cryptocurrencies as securities in recent lawsuits including Algorand (ALGO) and Flow (FLOW) which hit all-time price lows following the declaration. On June 10, ALGO and FLOW hit their respective historic lows of $0.098 and $0.46, having dropped around 30% in the past seven days according to
In this article CMTL GM MTN DOCU Follow your favorite stocksCREATE FREE ACCOUNT The DocuSign website on a laptop in Dobbs Ferry, New York, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines after hours. DocuSign — DocuSign jumped 5.6% in extended trading after the electronic agreements firm
Top Stories This Week U.S. SEC sues Binance and Coinbase amidst crypto crackdown Binance and Coinbase have been targeted in a new round of lawsuits by the U.S. Securities and Exchange Commission (SEC) against crypto businesses. The regulator pressed 13 charges against Binance on June 5, including those involving unregistered offerings and sales of tokens,
Shopping carts outside a Target store in the Queens borough of New York, US, on Saturday, May 13, 2023. Target Corp. is scheduled to release earnings figures on May 17. Bing Guan | Bloomberg | Getty Images Check out the companies making headlines in premarket trading. Tesla, General Motors — Both carmaker stocks were climbing
Bitcoin (BTC) continues with its sideways BTC price action under $27,000 on May 22 as the bulls and bears find it hard to break the stalemate. Which way Bitcoin? Notably, BTC price has fluctuated inside a narrowing ascending triangle range since May 11, defined by a horizontal resistance around $27,500 and a rising trendline support
Bitcoin (BTC) challenged three-month lows into June 10 as altcoins in particular felt the heat from United States regulatory pressure. Altcoin bloodbath as exchanges reshape landscape Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $25,483 on the day, down over $1,200 from the previous day’s high. While showing weakness, Bitcoin was spared the
Deploying greater use of bond financing to cure the county’s affordable housing shortage is getting a fresh look in the Senate via the Affordable Housing Bond Enhancement Act. The bill, which was introduced Tuesday, is cosponsored by Sens. Catherine Cortez Masto, D-Nev. and Bill Cassidy, R-La. The legislation takes aim at expanding the use of mortgage
The House Committee on Transportation and Infrastructure has introduced the Securing Growth and Robust Leadership in American Aviation Act, a bipartisan bill that would reauthorize the Federal Aviation Administration’s funding over the next five years, expanding the Airport Improvement Program and including a number of improvements aimed at improving workforce and services of the aviation
Rishi Sunak has finally approved Boris Johnson’s resignation honours list, which includes appointments for Tory MPs and a senior official who worked in Downing Street during the partygate scandal. The former prime minister nominated several senior Conservative MPs who are his allies. Jacob Rees-Mogg, Conor Burns, and Simon Clarke were knighted, while Priti Patel and
In this article DOCU TGT ADBE GM TSLA BRZE Follow your favorite stocksCREATE FREE ACCOUNT GMC pickup trucks are displayed for sale on a lot at a General Motors dealership on January 05, 2023 in Austin, Texas. Brandon Bell | Getty Images Check out the companies making headlines in midday trading. Braze — Shares of
Bitcoin (BTC) and Ether (ETH) are due volatility — but not thanks to “toothless” United States regulators, new analysis says. In its latest market update on June 9, trading firm QCP Capital told market participants to gear up for macro-fueled price action for BTC and ETH. Related: Why is Bitcoin price stuck? QCP Capital: U.S. crypto
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