(Bloomberg) -- Bitcoin again poked above the $70,000 level and flirted with a gain for a fifth straight session, reflecting greater confidence in global...
-- Bitcoin again poked above the $70,000 level and flirted with a gain for a fifth straight session, reflecting greater confidence in global markets about the prospect of Federal Reserve interest-rate reductions this year.Stock Pickers Defy Wall Street Norm to Risk It All on a Few Bets
Top-five coins including Ether, BNB and Solana have climbed over the past 24 hours. Tokens beloved by the meme crowd, such as dogwifhat, are also up. Bitcoin in recent days struggled to hold climbs above $70,000 but optimists are drawing succor from a stretch of inflows into dedicated US exchange-traded funds as well as moves in Washington toward a crypto regulatory framework.A short-term, 30-day correlation between between Bitcoin and the Nasdaq 100 Index of US technology stocks is around the highest since early 2023, suggesting that further gains in the equity gauge may be accompanied by a move higher in the crypto market leader.
In an update posted at 9 p.m. last night NYSE said it would "bust" all the "erroneous" trades of Berkshire Hathaway stock at or below $603,718.30 a share. -- Axos Financial Inc., which has lent to properties including former President Donald Trump’s flagship New York tower, plunged after Hindenburg Research said it was short the stock because of the bank’s exposure to problematic commercial real estate loans.
Federal Reserve Bitcoin Digital Asset Global Markets BNB
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitcoin Posts Longest Winning Run Since March on Rate-Cut WagersBitcoin again poked above the $70,000 level and flirted with a gain for a fifth straight session, reflecting greater confidence in global markets about the prospect of Federal Reserve interest-rate reductions this year.
Read more »
Bitcoin’s Longest Losing Streak of 2024 Casts Cloud Over CryptoBitcoin is grinding lower as part of a $500 billion slide in digital assets, stoking questions about whether the crypto rebound has peaked.
Read more »
B.C. man in Saskatoon aims to set records with electric skateboard journeySmith is hoping to set electric skateboard records for the longest journey in a 24-hour period, longest journey in a single country and the longest journey in general.
Read more »
Wheat Set for Longest Rout Since November on US Harvest PressureWheat futures headed for the fifth straight daily decline — the longest such streak in over six months — as the American harvest progressed more quickly than analysts expected.
Read more »
Greece Deters Russian Oil Transfers With Longest Navy Drills YetThe Greek Navy resumed drills in an expanse of water just off the country’s coast, effectively blocking Russia’s ability to use the area for the transfer of petroleum between tankers.
Read more »
Toronto is now home to the world's longest rainbow roadThe world's longest rainbow road has found a home near Hanlan's Point on the Toronto Islands. The installation commemorates the significant queer and transgender history of the area.
Read more »