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Nalezeno "Wall Street": 654

FOMC Likely to Keep Rates Unchanged in March After Hot Inflation Report


Wall Street braced for a chilly reality as hotter-than-expected inflation data sent major indexes tumbling on Tuesday. The Labor Department report revealed US consumer prices surged in January, exceeding forecasts and fueled by rising shelter costs. This unexpected heatwave extinguished...

BlackRock’s Rick Rieder Hints at Expanded Bitcoin Exposure


Asset manager BlackRock may boost its Bitcoin exposure in the future. That’s according to Rick Rieder, head of global allocation at BlackRock, who is responsible for about $2.4t in assets at the investment firm. In an upcoming episode of the Wall Street Journal’s Take On the Week podcast, Rieder...

PEPE Coin Comes to Wall Street Memes, $15,000 Airdrop For New Depositors


Thursday, January 25th, 2024 – To celebrate the arrival of the wildly popular frog meme coin $PEPE at the Wall Street Memes Casino, a $15,000 airdrop went live on Tuesday, January 23. The airdrop only runs for seven days, ending at midnight on January 30, so $PEPE token holders need to move fast...

Morgan Stanley: Spot Bitcoin ETFs Could Reshape Global Crypto Attitudes


Source: Adobe/wolterke The crypto landscape has changed dramatically over the past few years, with stablecoin volumes challenging traditional payment giants like PayPal and Visa. Wall Street is now taking a keen interest in this transformation, specifically through the emergence of spot Bitcoin...

Groundbreaking Debut for Bitcoin ETFs, Garnering $4.5 Billion on Day One


Source: Adobe / Backcountry Media The new spot Bitcoin ETFs made a significant impact when they debuted on Wall Street on Thursday, collectively amassing $4.5 billion in volume on their first day of trading. The impressive debut exceeded market observers’ expectations, reflecting the strong...

Bitcoin Decouples from Nasdaq, 40-Day Correlation Now Stands at Zero


Source: Adobe/vinnstock Bitcoin (BTC) has broken free from its historical correlation with Nasdaq (NDX), with the 40-day correlation dropping to zero. For most of the past four years, BTC had been moving in sync with the tech-heavy equity index on Wall Street.  However, according to data analyzed...

Microstrategy Acquires More Bitcoin, Raising Total Holdings to 189,150 BTC


Nasdaq-listed Microstrategy has bought 14,620 more bitcoin for approximately $615.7 million. The latest purchase raised the company’s cryptocurrency holdings to 189,150 bitcoin, acquired for about $5.9 billion at an average price of $31,168 per coin. Microstrategy’s executive...

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