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Stock market today: US indexes drop after big May jobs report resets rate-cut outlooks

US stocks finished the week more than 1% higher despite Friday's slight decline following a mixed M…

Matthew Fox   


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Here's the outlook for bitcoin as the cryptocurrency struggles to reclaim the all-important $30,000 technical level

If bitcoin can decisively clear that level, Stockton expects the cryptocurrency to trend toward its…

Matthew Fox   


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Global crypto market hits $1.5 trillion as panic buying fuels Bitcoin price

The world's biggest cryptocurrency Bitcoin touched a 19-month high above $42,000 which was triggere…

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Coinbase could fall 18% as Bank of America downgrades stock amid 'murky at best' outlook for cryptocurrency in 2023

BofA cut Coinbase to underperform, saying "it will be challenging for shares to tolerate a signific…

Phil Rosen   


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Wharton Professor Jeremy Siegel's 2024 outlook: Stocks and home prices will jump, interest rates will tumble, and recession won't hit

The "Wizard of Wharton" sees the Fed cutting interest rates five or six times next year, driving up…

Theron Mohamed   


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Crypto markets face a long road back after bitcoin plunges below $20,000 as an 'every man for himself' attitude spreads, UBS strategist says

Bitcoin plunged as low $17,600 over the weekend as the mood in cryptocurrency markets continued to …

Harry Robertson   


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Crypto outlook for 2022

Cryptocurrencies and NFTs are just a part of the exciting crypto ecosystem, but the movement to Web…

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JPMorgan backs bitcoin to rise 28% and says cryptocurrencies are now its preferred alternative asset

The investment bank now thinks bitcoin and digital assets should rebound after the great sell-off o…

Harry Robertson   


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Bitcoin generated an 'oversold buy' signal that could lead to short-term upside of 13%, Fairlead's Katie Stockton says

"The daily MACD is pinched as well, reflecting improved short-term momentum that supports a move hi…

Matthew Fox   


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Bitcoin is close to breaking a key support level which could point to 27% downside ahead, Fairlead's Katie Stockton says

"Short-term momentum is now to the downside, suggesting that short-term oversold conditions may not…

Matthew Fox   


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'Shark Tank' investor Kevin O'Leary says bitcoin won't hit $300,000 until institutions are comfortable buying the crypto

"If you want to talk about bitcoin going to $100,000, $200,000, $300,000, it's going to be when ins…

Shalini Nagarajan   


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Cryptocurrencies will suffer massive losses as the Fed ends 'crazy' speculation by hiking rates, JPMorgan strategist says

"It's still all fairy dust and very vulnerable to higher interest rates," JPMorgan strategist David…

Harry Robertson   


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Bitcoin prices will have a 'golden period' in 2024 but will hit more volatility before then, says Thailand's largest digital asset exchange

In 2024, the world's top cryptocurrency will begin its next halving process, which will slow the ra…

Phil Rosen   


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El Salvador's bitcoin-loving president Nayib Bukele says scarcity means 'gigantic' price increase for the crypto is just a matter of time

The surge would stem from demand from the world's 50 million millionaires seeking to own at least o…

Carla Mozée   


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JPMorgan says its long-term bitcoin price target of $150,000 is unlikely as surging volatility challenges institutional adoption

The bank's new long-term theoretical price target is $38,000, which is based on the relative volati…

Matthew Fox   


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Cathie Wood's Ark Invest says the price of a single bitcoin could top $1 million in just another 8 years

Network upgrades, and wider adoption by countries and institutions are factors that could aid in it…

Shalini Nagarajan   


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Luna and Terra's stablecoin UST are both crashing: Here's a guide to tether, USD Coin, terra and other reserve-backed cryptocurrencies

Terra's algorithmic stablecoin UST appears to have entered a death spiral. Here's a guide to the la…

Business Insider   


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Bitcoin could fall another 22% unless it holds this key support level, Fairlead's Katie Stockton says

A confirmed breakdown below $37,361 would set the stage for bitcoin to test secondary support aroun…

Matthew Fox   


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Bitcoin is close to triggering a bearish death cross signal as Fed tightening drives risk-off rotation

But bitcoin is notoriously volatile, and previous moving-average crossovers have also led to severa…

Matthew Fox   


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The CEO of a crypto research firm says bitcoin is going to $100,000 by year-end

"You say the moon is the limit. We can go up beyond that as well," Chainalysis CEO Michael Gronager…

Isabelle Lee