Live updates: Bitcoin and stocks post big gains, reversing overnight plunge following Blue Wave landslide
The biggest losers, so far, are the AI data center stocks following victories for several candidates who campaigned expressly against the sector.…
Morgan Stanley says it is among the first banks to tokenize real world assets
The bank's announcement follows the launch of the Depository Trust & Clearing Corporation’s Tokenization Service, or DTS, on Oct. 28. Source:CoinDesk
An overlooked energy source could solve AI’s power crunch — and these 2 stocks are prime plays
Geothermal technology is in the early stages of its own shale revolution, Morgan Stanley says. Source:MarketWatch
Bitcoin price defends $76K lows as analysts see stocks pricing in ‘political gridlock’
Bitcoin made modest gains at the start of Wall Street trading on Tuesday as markets awaited cues from the US midterm elections. Source:Cointelegraph
CFTC clears perpetual futures on stocks, bringing crypto trading model to Wall Street
CFTC Chair Michael Selig said the move gives U.S. traders a regulated alternative to “offshore, and often unregulated, venues.” Source:CoinDesk
This indicator has triggered just 5 times since 2000 — and it warns of a trap for stocks
Compared with previous market drawdowns, the current market setup is vulnerable because rising inflation limits the ability of central banks to ease rates and…
ARK buys $17M in Coinbase, Circle shares while trimming Bullish
ARK Invest added Coinbase and Circle shares across two trading sessions while selling about $8 million in Bullish as crypto stocks declined.…
Bitcoin drops below $77,000 as chip rout deepens ahead of U.S. midterm vote
ZEC tumbled nearly 10% and BNB fell under $700 as the Nasdaq 100 slid into a correction, dragging Asian stocks lower. Source:CoinDesk
Traders rushing into a leveraged ETF to make a bullish bet on the Nasdaq-100 just got burned
Some investors appeared a little too eager to buy the dip in technology stocks last month. Source:MarketWatch
Wall Street’s most hated stocks are faring far better than its favorites
The thrashing that Wall Street’s artificialintelligence darlings have taken over the past few months has led to an unusual situation in the U.S. stock market.…
Chip stocks are suffering from a ‘crisis of confidence’ — but things aren’t as gloomy as they seem
Investors are worried about whether there will be sustained demand for chips, but one analyst notes that large tech companies are still spending heavily.…
Bitcoin risks drop below $76K as 7% oil slide fails to spark BTC price rally
Bitcoin fell around 1.7% on Monday as stocks pared early gains fueled by hopes of a diplomatic resolution to the USIran war. Source:Cointelegraph