As Stocks Zigzag, High-Yield Bonds Show No Panic. That Reflects a Healthy Market

As Stocks Zigzag, High-Yield Bonds Show No Panic. That Reflects a Healthy Market

dream time font size The stock and cryptocurrency markets have been under attack recently as the prospect of a tightening of Federal Reserve policy this year unnerved traders and deleveraging. But high-yield bonds, a major market seen as a leader in risky assets, have held up fairly well over the past week. Before the late … Read more

S&P 500 Enters Correction Territory as Selloff Continues

S&P 500 Enters Correction Territory as Selloff Continues

The Dow Jones Industrial Average fell 1,000 points on Monday, as major US stock indexes accelerated in 2022. The market segment extended to the cryptocurrency market, where Bitcoin has lost half its market value since its November peak. Preferred speculative equity investments, including technology stocks and smaller company stocks, led the market slump. Small-cap Russell … Read more

Bitcoin Sags in 2022 Under Weight of Stock Selloff and Fed Policy

Bitcoin Sags in 2022 Under Weight of Stock Selloff and Fed Policy

The Federal Reserve casts a shadow over cryptocurrencies. Like stocks, cryptocurrencies are extending the sell-off to start the year due to expectations that the central bank will raise interest rates as early as March. Bitcoin, the largest cryptocurrency, is down 8.7% since the beginning of the year, according to CoinDesk, and the second largest, ethereum, … Read more

If Crypto Crashes Tomorrow, It’s No Big Deal. In Five Years, It Might Be.

If Crypto Crashes Tomorrow, It’s No Big Deal. In Five Years, It Might Be.

This is the classic response to people skeptical about the rise of cryptocurrency from those who got into the speculative frenzy early on. This means, of course, that these early buyers consider themselves wealthy. But are they really? One way to answer this question is to imagine what would happen if their newfound wealth became … Read more

Bitcoin’s Fair Value Is a Lot Less Than the Market Thinks

Bitcoin’s Fair Value Is a Lot Less Than the Market Thinks

font size dream time The fair value of Bitcoin is $20,851, according to the only valuation model I know of for this most popular cryptocurrency. Your reaction to this depends in part on whether you see the glass as half full or half empty. On the other hand, this fair value estimate is less than … Read more

The $2 Trillion Cryptocurrency Market Is Drawing Interest From Investors, Scrutiny From U.S. Regulators

The $2 Trillion Cryptocurrency Market Is Drawing Interest From Investors, Scrutiny From U.S. Regulators

WASHINGTON — With the proliferation of cryptocurrencies, prices of bitcoin and other digital tokens are often displayed on cable news tickers and financial apps as if they were common stocks, bonds or oil futures. They are not. This makes them a challenge to US financial lawmakers. Cryptocurrency censorship, which appeared in 2009, is sporadic. Regulators … Read more

Bitcoin Steadies After Flash Crash

Bitcoin Steadies After Flash Crash

Bitcoin sell-offs plummeted on Wednesday, providing some relief to holders of the volatile cryptocurrency after a sudden crash the previous day wiping out billions of dollars of its value. The largest cryptocurrency by market capitalization is down 1.3% to settle at $4,6154.44 a piece, according to 5pm ET data from CoinDesk. It briefly fell 17% … Read more

How China’s Property Market Could Trigger a Crypto Crash

How China's Property Market Could Trigger a Crypto Crash

Bitcoin and other cryptocurrencies were crashing on Monday amid a global sell-off in risky assets. The reason for the collapse appears to be the growing problems of the embattled real estate group China Evergrande Group. Bitcoin, the world’s largest cryptocurrency, fell 7% on Monday to around $44,000. Ethereum, the second largest cryptocurrency, is down 8% … Read more

TransUnion Brings Credit Data Checks to Crypto Lending

TransUnion Brings Credit Data Checks to Crypto Lending

Cryptocurrency lenders will be able to start checking credit reports. TransUnionAnd TRUE 0.72% One of the three largest US consumer credit reporting companies will allow consumers to give blockchain companies access to their personal credit data through security company Spring Labs’ ky0x Digital Passport. By providing this information, the companies said consumers will be able … Read more

Citadel Securities to Receive First Outside Investment

Citadel Securities to Receive First Outside Investment

Citadel Securities is set to receive its first outside investment in a deal that values ​​the e-commerce company owned by billionaire hedge fund Ken Griffin at nearly $22 billion. Venture capital firm Sequoia Capital and cryptocurrency investor Paradigm have agreed to invest $1.15 billion in a Chicago-based company, the company told the Wall Street Journal. … Read more