(Bloomberg) -- Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds, reaching the highest price since May last...
-- Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds, reaching the highest price since May last year.Treasury 10-Year Yield Breaches 5% for First Time Since 2007The largest digital asset rose as much as 10.3% before paring the increase to trade 4.6% higher at $33,000 as of 7:22 a.m. in Singapore on Tuesday, taking its year-to-date rebound from 2022’s digital-asset rout to about 100%.
Bloomberg Intelligence ETF analyst Eric Balchunas flagged on X, the platform formerly known as Twitter, that the iShares Bitcoin Trust “has been listed on the DTCC” with the ticker “$IBTC.” The DTCC is the Depository Trust and Clearing Corp., which undertakes clearing and settlement in US markets. Bitcoin remains well below its pandemic-era, 2021 high of almost $69,000. That reflects the crash in crypto prices last year and blowups like the bankruptcy of the FTX exchange, whose co-founder Sam Bankman-Fried is on trial for fraud.The Price of Money Is Going Up, and It’s Not Because of the FedPosthaste: Bank of Canada expected to hold interest rates, but be prepared for surprises
‘I wouldn’t touch with anybody’s money’: Grant Cardone says these two major US cities are some of 'the worst markets to be in right now' for real estate investors — here's whyYour usual host Kirsten was shredding off-road at the Rebelle Rally this week, so I'll be taking over the newsletter. In its eighth year, the Rebelle has become a proving ground of sorts for the 65 all-women teams who participate as well as stock manufacturer vehicles.
Home buyers are backing out of deals at the highest rate in a year as surging mortgage rates slam the housing market
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