Bitcoin (BTC) dominance, the measure of how much Bitcoin makes up of the total crypto market cap, has breached the 50% mark. On June 19 at 6 pm UTC, Bitcoin dominance hit just above 50% and has since settled to 49.9% at the time of publication, according to data from TradingView. This means that Bitcoin
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In this article 8001.T-JP 8058.T-JP 8002.T-JP 8031.T-JP 8053.T-JP BRK.A Follow your favorite stocksCREATE FREE ACCOUNT General view of the financial district of Lujiazui in Pudong district in Shanghai on April 12, 2023. Hector Retamal | Afp | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open
Global growth concerns and low inflation continue to support long term government bonds (TLT, VGLT). ISHARES 20+ YEAR TREASURY BOND ETF: http://www.zacks.com/funds/etf/TLT/profile?cid=cs-youtube-ft-card VANGUARD LONG-TERM GOVMT BOND ETF: http://www.zacks.com/funds/etf/VGLT/profile?cid=cs-youtube-ft-card Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
A British billionaire was aboard a submersible vessel that has disappeared while on an expedition to view the wreckage of the RMS Titanic. The vessel operated by OceanGate Expeditions was diving to view the remains of the passenger liner, which sank in 1912, when contact was lost. Hamish Harding, an adventurer and aviation executive was
Jeffrey Epstein claimed to have brokered meetings between then senior banker Jes Staley and high-ranking members of the UK government, according to an internal investigation by JPMorgan Chase. A 22-page report by the bank, compiled following the arrest of its former client in 2019 and seen by the Financial Times, details how Epstein offered to
6/19/2023, 9:53:28 PM What to watch in Asia today FT reporters China: The People’s Bank of China is scheduled to publish its latest policy rates. Analysts polled by Reuters expect lending benchmarks to be cut for the first time in 10 months amid a slowing post-Covid recovery. Last week the central bank unexpectedly cut a
Ever since the Ethereum Name Service (ENS) was launched in 2017, Web3 users have been able to replace the long strings of characters that make up a crypto address with a more easily memorized blockchain username or Web3 domain name. For example, Ethereum (ETH) users can now send crypto to the network’s founder, Vitalik Buterin,
UBS faces hundreds of millions of dollars in penalties over Credit Suisse’s mishandling of Archegos Capital after Swiss, US and UK regulators completed their investigations into the affair, according to people with knowledge of the probes. Credit Suisse, whose takeover by rival UBS was completed last week, suffered the biggest trading loss in its 167-year
In an interview with Bloomberg, ARK Invest CEO and CIO Cathie Wood recently discussed why her flagship fund, Ark Innovation (ARKK), is adding to its position in shares of Coinbase (COIN) after the SEC sued Binance, one of Coinbase’s biggest competitors. ARKK purchased nearly 330,00 shares of COIN on June 6, 2023, worth about $17
The S&P 500 Index (SPX) has gained for five consecutive weeks, the first such instance since November 2021. In comparison, Bitcoin (BTC) is trading well below its local high of $31,000, made on April 14. This shows a clear divergence between the performance of the two asset classes. Some analysts expect Bitcoin’s range-bound action to
One of Dubai’s most expensive homes was recently listed for $204 million by Luxhabitat Sotheby’s International Realty. Called The Marble Palace, the massive abode fits the bill for the city’s proclivity towards opulence and pure lavishness. Located in Dubai’s ultra-exclusive neighborhood Emirates Hills, known as the Beverly Hills of Dubai, The Marble Palace is a
Rishi Sunak has faced heavy criticism for missing a parliamentary debate on the report into Boris Johnson’s conduct, as former prime minister Theresa May said it was “doubly important” for Tory MPs to publicly back it. The House of Commons privileges committee’s 33,000-word report, which was published last week, found that Johnson had committed five
After a momentary retest of the $25,000 support on June 15, Bitcoin (BTC) gained 6.5% as bulls successfully defended the $26,300 level. Despite this, the general sentiment remains slightly bearish as the cryptocurrency has declined by 12.7% in two months. The dismissal of Binance.US’s temporary restraining order by United States district court Judge Amy Berman
On June 19, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” revealing that cryptocurrency investment products experienced outflows totaling $5.1 million last week. The outflows contributed to the continuation of a nine-week streak of outflows, resulting in a cumulative total of $423 million. The report noted that despite this downward trend,
Alexei Navalny, Russia’s most prominent opposition activist, urged his countrymen to join a new information campaign against the war on Ukraine as he stood trial on charges that could keep him imprisoned for decades. On Monday, a rare trial behind closed doors started in Melekhovo prison, 250km east of Moscow, where Navalny is jailed. The
As ructions in the US banking sector demonstrated in March, higher interest rates affect economies in a way that is neither smooth nor linear. Indeed, central bankers have been wary of breaking things as they have rapidly pushed up the cost of credit over the past two years in order to tackle sticky prices. Given
On June 19, Ethereum block explorer and analytics platform Etherscan launched a new tool, dubbed “Code Reader,” that utilizes artificial intelligence to retrieve and interpret the source code of a specific contract address. After user prompt input, Code Reader generates a response via OpenAI’s large language model (LLM), providing insight into the contract’s source code
Almost everything in the world is better than it was when I was born, other than the climate. Computers are faster. People live longer. Across most of the world, violent crime is at historic lows. Closer to home, in London, today’s children are much better educated, crime numbers are falling and the restaurants are vastly
The price of Cardano (ADA) is down over 3% on June 19 after dropping over 30% in the past two weeks. Is ADA price headed for its fourth red weekly candle in a row? No respite for Cardano price bulls On June 19, ADA price fell over 3% to daily lows of $0.257 as traders
Solana Saga, the Web3 mobile phone Solana launched its Web3 mobile phone, the first of its kind, in April 2023. The phone packs all the usual functionalities users have come to expect from a smartphone and tops it up with a Web3 experience. It includes a decentralized application (DApp) store and seamless integration across crypto
Jim Casselberry, Known Source: Known Black people in America won their personal freedom 158 years ago. Economic freedom, though, has been far more elusive. Veteran portfolio manager Jim Casselberry is trying to do something about that, using his four decades of investing experience to help bridge the gap for people of color and the Indigenous