‘Take a chill pill, stay long’ — Anthony Scaramucci says bitcoin’s recent plunge won’t last

'Take a chill pill, stay long' — Anthony Scaramucci says bitcoin's recent plunge won't last

Anthony Scaramucci of SkyBridge Capital told CNBC on Tuesday that buyers should calm their concerns about cryptocurrencies and make some long-term investments instead. Some people think bitcoin is “rat poison,” as billionaire investor Warren Buffett once described it; Others think it’s the worst thing to ever happen to civilization, Scaramucci said in an interview with … Read more

5 things to know before the stock market opens Monday, Jan. 24

5 things to know before the stock market opens Monday, Jan. 24

Here are the top news, trends and analysis that investors need to start their trading day: 1. Wall Street opens lower after worst week on Nasdaq since March 2020 Traders on the floor of the New York Stock Exchange, January 21, 2022. Source: NYSE US stock futures fell on Monday, pointing to more sharp losses … Read more

ASX, bitcoin plunges after Wall St sell-off

ASX, bitcoin plunges after Wall St sell-off

The Australian share market fell this morning to its lowest level in eight months after a panic day on Wall Street on Friday. The Australian share market fell this morning to its lowest level in eight months after a panic day on Wall Street on Friday. The ASX200 index at the open fell 1.2 percent … Read more

FTSE 100 Live: Stock markets steady after interest rates outlook sends Nasdaq into correction territory and bitcoin lower

FTSE 100 Live: Stock markets steady after interest rates outlook sends Nasdaq into correction territory and bitcoin lower

T The FTSE 100 was higher today as investors got some relief from interest rate concerns that briefly left the Nasdaq in “correction” territory during Wall Street trading yesterday. The 10% drop since the Nasdaq high in November came amid growing concerns at the start of 2022 about monetary policy tightening by the US Federal … Read more

The crypto market is uneasy about the Fed meeting and high inflation. Here’s why

The crypto market is uneasy about the Fed meeting and high inflation. Here's why

Cryptocurrency investors are closely watching this week’s Federal Reserve meeting, as the market expects the central bank to announce a faster cut in the pace of bond purchases as inflation rises in the US. Facing Macroeconomic Uncertainty, Bitcoin BTCUSD, -3.39% It has fallen more than 30% from its all-time high of $68,991 in November, and … Read more

Cryptocurrency news: Turkish Lira collapse shows future of crypto, bitcoin

Cryptocurrency news: Turkish Lira collapse shows future of crypto, bitcoin

Cryptocurrency has been volatile lately but a country’s currency collapse shows exactly what could happen to cryptocurrencies in the future. With much of the world approaching the festive season and preparing for what we hope will be a better New Year, many families and financial market analysts have one thing in common, and they have … Read more

Stocks End Lower After Choppy Session

Stocks End Lower After Choppy Session

US stocks fell on Thursday in a choppy trading session, weighed by investor concerns about the impact of the Federal Reserve on the markets if it raises interest rates faster than previously expected. The three major US indexes ended the session lower, erasing intraday gains. The S&P 500 fell 4.53 points, or 0.1%, to 4,696.05. … Read more