Bitcoin Realized Profit Drops 76%, Signaling Less Abrupt Price Declines After $100,000 Surge
Bitcoin’s realized profit has significantly declined, dropping 76% following its surge toward $100,000.
XRP, Dogecoin Dive 12% as Altcoin Carnage Leads to Highest Bullish Liquidation in Nearly 3 Years
Market analysts and traders warned of short-term selling pressure amid an overheated market after a November rally
RBA’s Growing Confidence on Inflation Sees Jump in Rate-Cut Bets
(Bloomberg) -- Australia’s central bank said it’s “gaining some confidence” that inflation is moving sustainably toward target, prompting traders to boost bets on interest-rate cuts starting as early as February.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectCloud Computing Tax Threatens Chicago’s Silicon Valley AmbitionsNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampSan F
Crypto Volatility Picks Up as Trump-Fueled Rally Starts to Fray
(Bloomberg) -- A bout of selling buffeted crypto as the optimism sparked by President-elect Donald Trump’s embrace of the sector begins to cool.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersA Chicago Skyscraper Cements the Legacy of a Visionary Postmodern ArchitectCloud Computing Tax Threatens Chicago’s Silicon Valley AmbitionsNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampSan Francisco, Paris Named Best Cities for Urban TransportationBitcoin fe
Morning Bid: China policy talk lifts stocks but bonds balk
China's equity markets have chosen to run with the authorities' latest vague promise of support for the sputtering economy, with stocks surging to their highest levels in nearly a month. The state-media readout on Monday from China's Politburo heralded a shift from "prudent" to "moderately loose" monetary policy as well as a desire to boost consumption. Warning signs, or at least more circumspection, seemed evident in China's foreign exchange market, which hardly budged, and bonds, which rallied while pushing yields to record lows - showing doubt over whether growth is really going to pick up.
Stock market today: Indexes fall as Nvidia faces China probe, investors brace for inflation
The November consumer price index will be released Wednesday morning and is expected to show a slight uptick from October.
These are the 10 best-performing stocks that debuted in 2024
Reddit was one of the best-performing names to make a debut in public markets this year. 210 US firms went public in 2024, a jump of about 36% from 2023.
Argentina’s Milei marks one year in office. Here's how his shock measures are reshaping the economy
When libertarian President Javier Milei assumed office one year ago, Argentine supermarkets were marking price increases on an almost daily basis. It was popular outrage over this upside-down economy that fueled the rise of Milei, a self-declared “anarcho-capitalist” and former TV pundit who rode to power on vows to “blow up” the central bank, take an axe to the bloated government and kill sky-high inflation. It was an almost impossible job, and Milei's lack of government experience, unkempt hairdo, sexual boasts and missionary-like zeal for his dead dog, the Rolling Stones and the free market didn't inspire much confidence in a country with a history of failed economic reforms.
'Worry less and love the market': Why sky-high stock valuations are justified, according to UBS
"With current recession risks contained, multiples are most likely to drift higher in 2025," strategists at UBS wrote in a note on Monday.
Nvidia's stock dips after China opens probe of the AI chip company for violating anti-monopoly laws
Shares of Nvidia fell Monday after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws. In a brief news release with few details, Chinese regulators appear to be focusing on Nvidia's $6.9 billion acquisition of network and data transmission company Mellanox in 2019. Nvidia shares fell 2.6% Monday.