Bitcoin Bull Market Is Far From Over, Suggests Historical BTC Trend Tied to 200-Week Average
Past trends associated with the 200-week SMA suggests the ongoing range play between $90K and $110K will likely resolve bullishly.
Past trends associated with the 200-week SMA suggests the ongoing range play between $90K and $110K will likely resolve bullishly.
(Bloomberg) -- China’s money markets are expected to see a liquidity withdrawal of more than 3 trillion yuan ($411 billion) over the remainder of this month, helping to keep funding costs elevated before key meetings of lawmakers in March.Most Read from BloombergCan Portland Turn a Corner?Why American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MaySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterCutting Arena Subsidies Can Help Cover Tax Cut
Oil prices rose on Friday and were poised to end three weeks of decline, buoyed by rising fuel demand and expectations that U.S. plans for global reciprocal tariffs would not come into effect before April, providing more time to avoid a trade war. U.S. West Texas Intermediate (WTI) crude gained 24 cents, or 0.34%, to $71.53. U.S. President Donald Trump on Thursday ordered commerce and economics officials to study reciprocal tariffs against countries that place tariffs on U.S. goods and to return their recommendations by April 1.
(Bloomberg) -- Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.Most Read from BloombergCan Portland Turn a Corner?Why American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MaySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank SaysCanva Inc. is taking
Bitcoin remains stable, but we could see some major volatility across the crypto markets with major news.
Inflation ran hotter than forecasters expected in January, but a quirk of the data involving seasonal adjustment means many economists have stopped short of declaring inflation has reignited.
With the possibility of a strategic reserve, favorable regulatory changes, significant institutional inflow and a pro-crypto cabinet, the optimistic outlook for the digital assets outweighs the tariff headwinds.
Personal care company Nu Skin (NYSE:NUS) reported Q4 CY2024 results topping the market’s revenue expectations, but sales fell by 8.8% year on year to $445.6 million. On the other hand, next quarter’s revenue guidance of $355 million was less impressive, coming in 12.3% below analysts’ estimates. Its non-GAAP profit of $0.38 per share was 72.3% above analysts’ consensus estimates.
Umoja CEO Robby Greenfield says monetizing Bitcoin should be as simple as buying stocks on Robinhood.
Dialysis provider DaVita Inc. (NYSE:DVA) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 4.7% year on year to $3.29 billion. Its non-GAAP profit of $2.24 per share was 4.3% above analysts’ consensus estimates.