#gold #money #banks #COMEX $XAU $GLD $USD The world’s largest 50 investment banks are on track to 2X their income from precious metals this year to around $2.5-B, most of it from gold, Coalition, a banking consultancy said Sunday. “$1.2-B was the earnings pool last year. This year we already crossed that number,” said Coalition’s […]
$AVDL, $CME, $DE, $DPZ, $HD, $LOW Daily HeffX-LTN reviews dozens of Wall Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is the list for Thursday, 27 February, as follows; Avadel Pharmaceuticals PLC (NASDAQ:AVDL) was started with an Overweight rating and a 14 target price […]
$BAC, $CBOE, $CME, $IACI, $ICE, $SPLK, $UNP Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of stocks analysts have singled out to look at carefully Wednesday, as follows: Bank of America Corp. (NYSE:BAC) was reiterated […]
$DIA, $SPY, $QQQ, $RUTX, $VXX With US-China trade tensions having roiled financial markets, investors are counting on support for stocks coming from a Fed willing to keep cutting interest rates to help the US economy avoid a severe downturn. A 1/4th pt rate reduction is expected when the FOMC issues its next policy statement this […]
$GS, $CME Goldman Sachs (NYSE:GS) economists said they are skeptical of “insurance” US interest rate decreases from the Fed to forestall possible slowing in US economic growth due to global trade tensions. A surprise escalation in trade tensions between Washington and Beijing since May, together with low inflation, have spurred bets among traders the Fed […]
$BTC, $BTCUSD, $CME, $CBoE, $FB Crypto’s continue to break Wall Street norms… Monday, Binance, which pre-announced a soon-to-come $81-M or so Bitcoin transaction via Twitter. The world’s biggest crypto-trading platform told followers there’s “no need to FUD,” referring to the popular acronym crypto bulls use to describe unwarranted fear, uncertainty and doubt. The announcement was […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Global equities declined Wednesday, capping a 3-day winning streak after the Fed held rates steady as expected, but comments from Fed Chairman Powell cast doubt on whether the central bank’s next move would be a rate cut, as expected. The Fed left its Key interest rate unchanged Wednesday and […]
$BTCUSD , $CME, $CBOE The year long digital-asset slump is scaring off institutional money, according to JPMorgan Chase & Co., suggesting a taste for the cryptocurrency markets is fading way. “Participation by financial institutions in Bitcoin trading appears to be fading,” JPM analysts wrote in a research note dated 14 December. “Key flow metrics have downshifted […]
Bitcoin (BTC) Falls 8%,14-Month Lows In Sight Again $BTCUSD The major cryptocurrencies traded lower Monday, unable to capitalize on last week’s rebound off multi-month lows. Bitcoin (BTCUSD, the world’s largest cryptocurrency, has fallen as much as 8% and is nearing last week’s multi-month low around $3,500. On the Kraken cryptocurrency exchange, a Bitcoin was fetching $3,822.50, […]
Bitcoin (BTC) +15% Driving Market Value of Cryptocurrencies Due North $BTCUSD, $ETHUSD Wednesday, all digital currency prices spike due North, with most major coins/token recording double-digital gainers. Bitcoin, BTCUSD, the world’s #1 digital currency, was trading at $4,370.30, up 15% since Tuesday at 5:00p. ET on the Kraken exchange and on track for its best day in […]
Bitcoin (BTC) Falls, Bringing Down the Entire Cryptocurrency Market $BTCUSD For months, the price of Bitcoin has been hanging around the mid-6,000’s mark. But now, the most popular cryptocurrency has plummeted by 12% over the last day, hitting a value just above 5,500. The total market capitalization for Bitcoin now stands at $96-B, the 1st […]
Bitcoin (BTC) Seeing its Worst Session in 10 $BTCUSD, $CME, $CBOE Altcoins are showing signs of life, says 1 technical analyst *Did you know that mining Bitcoins is 3X more expensive than mining Gold? Major digital currency prices traded lower Thursday in New York, giving up the majority of Wednesday’s advance. Bitcoin, BTCUSD, -0.22% the most famous an […]
Why China is Right to be Wary of Bitcoin (BTC) $BTCUSD China has cracked down on Bitcoin shuttering cryptocurrency exchanges, the Bottom Line The wave of sell orders that hit the US ‘coin’ market on 10 October 10 should not have surprised anyone who watches it carefully, we saw it coming months ago. Bitcoin (BTC) […]
The Street’s Key Stock Analysts Research Reports $AINC, $BLK, $CLS, $CME, $COST, $DWDP, $GDDY, $HCA, $HLF Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of the Street’s Key analysts outlook for main issues for Friday, […]
Until There are Clear and Present Regulated Guidelines Cryptocurrency will Not be a Robust, Legitimate Asset Class $BTCUSD,$CME, $Cboe There is and has been talk on The Street about financial institutions adding crypto services to their offerings, raising new funds for digital currencies, and even launching dedicated trading desks. But until institutional investors have a regulated, […]
Bitcoin (BTC) Holding Support at 6,000 $BTCUSD Bitcoin held support above 6,000 in Tuesday’s trading; a Bitcoin BTCUSD, +0.37% was going for 6,232.88, down 1.1% since Monday at 5:00p on the Kraken cryptocurrency exchange. The price of Bitcoin has fallen 14% since the beginning of September. Currently, Bitcoin is trading at 6,287.25, -8.29, or -0.1317%, as of 1:21a BST, the market open. […]
Cryptocurrencies Bounced Adding $12-B to the Market Cap $BTCUSD Friday, gigital currencies posted 3 sessions running in the Green, with all major coins trading in positive territory. Bitcoin the #1 digital currency, has popped back above 6,500, last trading at 6,519.09, up 4.1% since Thursday at 5;00p. Eastern Time on the Kraken crypto exchange. Currently, Bitcoin […]
‘Goldie’ says, Expect Further Declines in Cryptocurrencies $BTCUSD, $ETHUSD, $GS, $WFC Cryptocurrencies do not fulfill any of the traditional roles of a currency, says Goldman Sachs Bitcoin is looking to consolidate the recent momentum that has seen the # 1 digital currency rise by more than 40% since the beginning of July. Monday afternoon’s declines […]
Bitcoin Stable As Big Players Enter the Digital Currency Sector $BTCUSD, $CME, $CBOE, $BLK Bitcoin rallies 5% as BlackRock reportedly weighs crypto venture Bitcoin opened higher, climbing as much nearly 6%, following reports that the world’s largest asset manager was considering a push into the digital-currency market. Monday, it was reported that BlackRock (NYSE:BLK), which […]
Dutch ‘Speed Trader’ Jumps in Cryptocurrencies $BTCUSD, $ETHUSD The EU’s largest trader of ETFs has moved into cryptocurrencies, ignoring regulator’s cautioning consumers and institutions not to buy or sell digital currencies. The Amsterdam-based speed trader Flow Traders NV is making markets in the 1st exchange-traded notes based on Bitcoin and Ether. XBT Provider, an issuer of […]
Polychain and the Future of Digital Assets $BTCUSD, $ETHUSD, $CME, $CBOE Today it is mostly crypto enthusiasts and technologists trading their assets. Tomorrow it will mostly institutions trading crypto assets. The professional traders have taken over from the ‘hobbyists’ Earlier this year, Polychain became the 1st crypto fund with more than $1-B in assets under […]
Goldman Sachs (NYSE:GS) May Extend Digital Assets Trading $BTCUSD, $GS, $CME, $CBOE The price of cryptocurrencies rebounded Wednesday on reports that Goldman Sachs (NYSE:GS) may expand the digital assets that it intends on trading on its cryptocurency platform signaling renewed optimism in the nascent market. Currently, Bitcoin is trading at 6,749.2549,+118.38, or +1.79%, as of 2:39a […]
Bitcoin (BTCUSD) Drifting at Break-even Marks on SEC Comments $BTCUSD, $CME, $CBOE Tuesday, most digital currency prices traded back near the breakeven marks reached after the Securities and Exchange Commission (SEC) last week declared that Bitcoin and Ether (ETH) do not warrant the regulatory scrutiny that traditional securities are subjected to. The SEC stance was […]
Bitcoin, (BTCUSD) LaSalle Street Professionals are in Charge $BTCUSD, $CME, $CBOE Last last year when they were introduced, Bitcoin futures were expected to boost prices and demand for the cryptocurrency. Analysts are now suggesting otherwise. According to a recent report from well-known crypto markets analyst Tom Lee, Bitcoin futures are the cause of “gut wrenching” […]
If You Do Not Know What Bitcoin is, Read This Please $BTCUSD, $ETHUSD, $CME, $CBOE, $V, $MA If you are 1 of those people who do not know what Bitcoin and other cryptocurrencies are read this, as there is a keen international interest in this nascent digital asset. Interest in digital currency has expanded over […]
ICE (NYSE:ICE) and the Future of Bitcoin Trading $BTCUSD, $ICE, $GS, $CME, $CBOT, $NDAQ It was reported that the Intercontinental Exchange (NYSE:ICE), parent company of the New York Stock Exchange (NYSE), is developing an online trading platform that would allow large investors to trade Bitcoin directly. For a large financial institution such as ICE or […]
Dubai Getting Ahead of “the Cryptocurrency Game” $BTC, $ETH, $CME, $CBOT The Big Qs are: How seriously should we take the rise of cryptocurrency? Is it a serious rival to traditional currency? Should businesses consider using cryptocurrency? What do they need to do to implement it? Is enough being done to educate individuals and businesses […]
Bitcoin Tested Support to a 3 Wk Low and Bounced $BTCUSD,$ETHUSD, $CME Bitcoin tested and bounced Monday on the news that a Florida tax collector would accept the cryptocurrency for payments of several services. Currently, Bitcoin is trading at: 8,695.652344,+292.291016, or +3.478256%, as of 3:56a BST, the market is open. Joel Greenberg, tax collector for Seminole County […]
Bitcoin: The Why, The Why Nots! $BTCUSD, $CBOE, $CME Bitcoin has been in the news for the past year, and a clear understanding about how the cryptocurrency actually works and its volatility has kept many professional investors and traders from considering it worthy. There surely is plenty of money to be made, but investors must […]
Bitcoin: All Professional Investors and Traders Knew That… $BTCUSD, $CBOE, $CME …the launch of Bitcoin futures would cause the price to fall. A Fed paper has attested to that as; Bitcoin’s drop following its peak near $20,000 was directly tied to the launch of a futures market, according to new research from the San Francisco […]
Bitcoin Continues to Consolidate Recent Bull Leg $BTCUSD Bitcoin (BTCUSD) follows technical patterns in textbook ways, thought some see it differently. Currently, Bitcoin is trading at: 9,331.26, -311.44, or -3.2455%, as of 4.01a BST, the market is open Have a look. This is the 4-hourly chart of Bitcoin for the last month. Each of these candles represents a […]
Last Week Saw Record Bitcoin Futures Trade on the Cboe $BTCUSD, $CBOE, $CME, $XBT Cboe (NASDAQ:CBOE) reported record Bitcoin futures trading last Wednesday, indicating the rising popularity of XBT. The popularity of trading bitcoin futures contracts (XBT) continues to mark new highs. Last Wednesday, CBOE, the dominant US derivatives exchange providing Bitcoin futures contracts, saw its highest-ever trading volume for Bitcoin futures since […]
Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $BDX, $CBOE, $CME, $EOG, $FB Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Street’s Top analysts outlook for Key issues for Wednesday, […]
Regulatory Rule Change Seen Coming to Allow Bitcoin ETFs $BTCUSD, $CBOE, $CME The US Securities and Exchange Commission (SEC) is considering a rule change that may allow bitcoin ETFs to be listed on exchanges. According to a document posted on the SEC website, the agency has begun the process to approve or disapprove a change in its rules that allows 2 […]
Bitcoin is Bouncing Around Searching for a Bottom $BTCUSD, $CBOE, $CME, $GOOG After a challenging Q-1, cryptocurrency investors are hopeful that the Death Cross sell signal has not crashed their market. Recall, that Sunday, Bitcoin fell below $7,000, which saw the 50-Day MA cross below the 200-Day MA, forming a Death Cross that some technical […]
Bitcoin Trading is Ranged in Here $BTCUSD,$ETHUSD, $CME, $CBOE Bitcoin was the lone winner Wednesday, ending its recent skid. The #1 digital currency bitcoin BTCUSD, -2.56% spent the last 24 hours trading on either side of $8,000 and last traded at: 7,675.1748,-213.79, or -2.71% as of of 5:45a BST, the market is open. Despite coming off a string of […]
Ultra-Rich Investing in Horses, Cars, Cannabis, and Cryptocurrencies $BTCUSD $CME, $CBOE The world’s wealthiest investors are looking to expand their holdings in volatile digital coins, despite a mismatch in the group’s knowledge surrounding the asset class. The latest annual Wealth Report survey by Knight Frank indicated that 21% of wealth advisers and private bankers said their clients increased investments in cryptocurrencies in Y 2017, […]
China Talks Tougher On Bitcoin Regulation $BTCUSD $CME, $CBOE Bitcoin slipped below the $11,000 mark as it emerged that China has called for more centralized regulation of blockchain, the underlying technology behind the cryptocurrency. The speculative asset class had consolidated its position Monday after soaring above Key resistance just before the weekend, but dip sharply in […]
Bitcoin Pulls Back From Key Technical Marks $BTCUSD Bitcoin drifted further away from the $12,000 mark on Tuesday, as a popular cryptocurrency exchange faced allegations of insider trading and mishandling the launch of a new asset on its platform. Tuesday morning, bitcoin BTCUSD, -7.04% slumped 4.5% to $10,918.35 after hitting a high of $11,432.98 on the day. The […]
Bitcoin Follows Stocks Down, Shake Out Continues $BTCUSD $CME, $CBOE Digital currencies lost ground Wednesday as overall market sentiment waned, pushing the price of Bitcoin back under $11,000. After trading above $11,700 late Tuesday evening, the price of the #1 digital currency by market cap, Bitcoin lost more than $1,500, trading to a session low of $10,244.32 […]
Bitcoin Investors Know Not to ‘Fight the Tape’ $BTCUSD, $CME, $CBOE Just at the start of Y 2018 Bitcoin began trending towards $20,000. Thursday, it marked $10,000 on a bounce after correcting to $7,500. At that mark it was down 65% from its highs. Currently, Bitcoin is trading at: 9,862.84, -170.91, or -1.70%, as of 7:00a GMT, the […]
US Securities Regulators Looking for Guidance on Cryptocurrencies $BTCUSD, $CME, $CBOE Cryptocurrency exchanges upset by the dive in Bitcoin prices may face more turbulence as the 2 Top US market regulators ask the Congress to consider federal oversight for the trading platforms. Currently, Bitcoin is trading at: 6,067.395, -1,876.61, or -23.62%, as of 5:05a GMT, the market is […]
Fed Leaves Rates Unchanged The Fed decided to leave rates unchanged, as expected, and noted that near-term risks to the economic outlook appear roughly balanced, but policymakers are keeping an eye on inflation, which has been slow to pick up despite a tightening of the labor market. Fed officials expect that, with further gradual adjustments […]
Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $AMZN, $EAT, $CME, $FB, $FL,$GE Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Street’s Top analysts outlook for Key issues for Friday, […]
Wall Street Pros Find Bitcoin Getting Easy to Trade $BTCUSD , $CME, $CBOE The company that developed one of the most popular pieces of trading software is about to make it easier for professionals to bet on cryptocurrencies such as Bitcoin. Trading Technologies International Inc., aka TT, whose products let traders buy and sell on major […]
The Big Q: What Determines the Price of Bitcoin? $BTCUSD The Big A: Bitcoin is a cryptocurrency based on specifications outlined by Satoshi Nakamoto in Y 2009. Transactions are recorded in a blockchain, which shows the entire transaction history for each unit and is used to prove ownership. Processing transactions requires miners using computers to process blocks of […]
Bank of America (NYSE:BAC) is “all for Blockchain” $BAC, $CME, $CBOE, $BTC Wall Street and financial institutions have been extolling the benefits of “blockchain without Bitcoin” for a a few years. Blockchain is the distributed ledger technology that underpins Bitcoin, but voicing hesitation, or outright dismissal, of Bitcoin and other cryptocurrencies. Then, at the end […]
Review: Bitcoin’s Tough Week $BTCUSD, $CME One of the world’s biggest cryptocurrency exchanges has been down for hours and its clients are starting to stress. Kraken went offline at 9:00p PST Wednesday for maintenance that was initially scheduled to last 2 hours, plus an additional 2-3 hours for withdrawals, according to an announcement on the San Francisco-based […]
Bitcoins are Here to Stay, They are Not Tulip Bulbs $BTCUSD, $CME, $CBOE Bitcoin is here to stay, and when supply is limited and demand increases, the price goes up. And when speculators drive the prices up, we can expect a major correction, after the correction, the real value of Bitcoin will be seen. Y […]
Bitcoin: Professional Traders Up Net Shorts At Year’s End $BTCUSD, $CME, $CBOE, $FB Trading in Bitcoin is volatile, while .DXY takes a beating In November, Bitcoin fell almost 30% in 4 days from $7,888 to $5,555. In September, it fell 40% from $4,979 to $2,972. And ETF specialist asset manager focused on technology, said in his newsletter […]
Bitcoin: Professional Traders Up Net Shorts At Year’s End $BTCUSD, $CME, $CBOE Trading in Bitcoin is volatile. In November, Bitcoin fell almost 30% in 4 days from $7,888 to $5,555. In September, it fell 40% from $4,979 to $2,972. And ETF specialist asset manager focused on technology, said in his newsletter that investors had displayed […]
Forex Morning Briefing: Bitcoin Opens 2018 Soft $BTCUSD,$CME,$CBOE For the 1st time since Y 2015, Bitcoin, the world’s biggest the cryptocurrency, began a New Year by declining, extending its slide from a record $19,511 reached on 18 December 2017. Currently Bitcoin is trading at: 13,274.9453, -325.029, or -2.39%, as of 6:41a GMT, the market is open. On […]
The Trump Stock Market Rally Defied the Naysayers in 2017 $DIA, $SPY, $QQQ, $VXX Year 2017 was full of surprises but market reactions defied conventional wisdom, leaving many a prognosticator 180 degrees out of phase.. Take the global economy; it was strong, yet bond yields went nowhere. NKorea threatened nuclear war, and volatility in US […]
Forex Morning Briefing: Bitcoin $BTCUSD $CME, $CBOE Commentary: Most currencies to go quiet until after 1 January 2018. PE Last week, Bitcoin dropped from nearly $20,000 to a low of below $12,000. The sell-off was unexpected to some, leading civilian participants to call it Armageddon. On Christmas Eve, it started to rise and then fall again, it […]
Forex Morning Briefing: Bitcoin $BTCUSD, $CME, $CBOE Bitcoin, the Big Q: How High Can it Go, How Low Can it Go? Bitcoin, after running hard to tap at $20,000, the crypto currency has cascaded ever since the CME aka the Merc, (NASDAQ:CME) started offering Bitcoin futures at the start of last week. From its high […]
Analysts See End of the Year Weakness in Bitcoin Price $BTCUSD ,$CME, $JPY Bitcoin, the biggest cryptocurrency, extended its decline over the Christmas Holiday weekend, failing to reverse a selloff that began after an unprecedented rally fell short of cracking the $20,000 mark. The fall is expected to bring more end-of-year weakness to a market […]
Fueling the Fire of Bitcoin: Knowledge is Power $BTCUSD, $CME, $CBOE, $GS 1st Main Street, then LaSalle Street, and now Wall Street bring new interest to the Bitcoin market The futures markets have shown that investors want to gain exposure to Bitcoin in a regulated manner without having to store the underlying asset, aka price […]
Caution Civilians, Professional Traders Are ‘Playing’ Bitcoin $BTCUSD, $CME, $CBOE Bitcoin faced one of its biggest tests this week, losing almost 20% of its value after the world’s largest cryptocurrency marked a record high Monday. Friday, the digital currency plunged as much as 30% before paring losses, as this week’s selloff extended to a 4th […]
Goldman ‘Building’ a Cryptocurrency Trading Desk $GS, $BTCUSD Wall Street’s biggest firms are growing more comfortable with cryptocurrencies. Goldman Sachs Group Inc. (NYSE:GS) is setting up a trading desk to make markets in digital currencies such as Bitcoin. Bitcoin is currently trading at: 12,383.8301, -1,437.58, -10.40%, as of 2:03p GMT, the market is open. Friday, 22 December’s […]
Cryptocurrencies Shaping Future of Business $BTCUSD, $CBOE, $CME When it comes to cryptocurrencies, their role is not rising, it has risen. Bitcoin 1st launched in Y 2009, and it was followed 4 years later by its primary competition, Ethereum. These 2 competitors are joined by dozens of other cryptocurrencies to create a comprehensive ecosystem that […]
LaSalle Street Pro Traders Hammer Bitcoin $BTCUSD, $CBOE, $CME Lost in the ‘blood’ of the feeding frenzy in cryptocurrencies and related stocks is the original digital token itself, Bitcoin Bitcoin fell as much as 10% to less than $17,000 Tuesday, the steepest decline since before CBOE futures were 1st introduced on 10 December. Bitcoin is […]
Caution Lights Flash as Bitcoin Posts New Record High $BTCUSD, $CBOE, $CME, $DB Friday, Bitcoin marked another all-time high of almost $18,000 on the Bitstamp exchange, up 9% on the day, as caution warnings grew over the risks of investing in the highly volatile and speculative financial instrument. Bitcoin is currently trading at: 17,716.0547, +382.699, or +2.21%, As […]
Goldman Requires 100% Margin on Some Bitcoin Futures Trades $BTCUSD, $GS, $CBOE, $CME Bitcoin is currently trading at: 17,339.625, +552.73, or +3.29%, as s of 7:39a GMT. Market open. Goldman Sachs Group (NYSE:GS) has demanded some clients set aside funds equal to the full value of their Bitcoin futures trade as a condition for clearing the transaction, aka 100% […]
Red Hot Bitcoin 24/7 Market Exposes Soft ‘Underbelly’ $BTCUSD ,$CBOE, $CME Bitcoin price: 16,674.0449, -495.961, or -2.89%, as of 5:55a GMT, Market Open. Tuesday, Bitcoin raced to another record high, as 1 of the biggest providers of digital currency wallets, Coinbase, crashed under the weight of traffic, leaving many of its more than 10-M customers unable […]
Wall Street Traders Embrace Bitcoin, the Commodity $BTCUSD, $CBOE, $CME $GBTUSD Bitcoin’s debut on Cboe (NASDAQ:CBOE) is a hit so far, with the price of the 1st-ever futures contract for the virtual currency rising 16% on the day. This paints a bright picture for other Cryptocurrencies and hot new ones like GBiT. The futures contract […]
Bitcoin On Wall Street, Opens Strong $BTCUSD, $CBOE , $CME $GBTUSD Just 4 hours after its debut on Cboe Global Markets Inc.’s (NASDAQ:CBOE) Bitcoin futures, the contracts spiked more than 20% and triggered 2 trading halts designed to cool volatility. Dealers said initial volumes exceeded expectations, while traffic on Cboe’s website was so strong that […]
Bitcoin Futures Trading Enters ‘Mainstream’ Finance $BTCUSD, $CME, $CBOE Currently Bitcoin is trading at: 15,879.9951, +1,810.98, or +12.87% Trading in Bitcoin futures opens Sunday evening in Chicago, as the 1st major US exchange offers a product pegged to the wildly fluctuating cryptocurrency. The currency has risen more than 1,000% this year, and about 80% in the past […]
A Few Investors Can Rock the Bitcoin Market at Will $BTCUSD Caution, about 1,000 people own 40% of the Bitcoin market Information sharing are legal, as Bitcoin is a digital currency and not a security. Currently, Bitcoin is trading 13,769.3848, -2,318.96, or -14.41% at the close: 4:10a GMT, over 20% off its highs of the week ended 8 […]
A Look at Bitcoin’s Future Once the Big Derivative Markets Launch $BTCUSD, $CME, $CBOE Bitcoin futures trading could be choppy. Bitcoin is now trading at 16,669.9941,+269.08, or +1.64%. The world largest cryptocurrency’s parabolic rally would have triggered circuit breakers on 7 of the past 10 trading days, pausing or halting trading to ensure an orderly session, […]
Bitcoin Bulls Charging Past $16,000 Burdens Exchanges $BTCUSD, $CME, $CBOE Bitcoin surged past $16,000 for the 1st time Thursday, with demand to trade the cryptocurrency buckling one of the largest exchanges. Bitcoin’s rally of more than $3,000 in the past 24 hours continues to defy skeptics, as mainstream demand for the world’s largest cryptocurrency explodes. […]
Bitcoin Speculation Running to $15,000 This Month, Limits Off… $BTCUSD, $CBOE, $CME Bitcoin Bulls Running on Full Psych Steam Bitcoin climbed as much as 8.9% Thursday as it surged $14,925.3730, extending this month’s advance to more than 45%. The price of the cryptocurrency touched $14,925.3730, a record, according to LTN data. ASX Ltd., the main exchange […]
Futures Market Looms, Bitcoin Climbs to $12,000 $BTCUSD, $CME, $CBOE Bitcoin surpassed $12,000 for the 1st time on investor’s speculation that the widespread use of futures will help lead to digital currencies being viewed as a legitimate asset class for mainstream investors. Bitcoin is currently trading at: 12,219.9951+493.40 (+4.21%), as of 5:27a GMT. Market open. The […]
Bitcoin Is Not a ‘Fraud,’ It is Not for Long-Term Investors $BTCUSD, $CME, $CBOE Many economic guru do not think Bitcoin is a “fraud” but do not recommend it for long-term investors. Bitcoin is currently trading at $11,381. 8154, +233.261, or 2.09% in the world market. Anyone looking to put money into Bitcoin needs to […]
Bitcoin Bears Have Sharp Teeth, Big Appetites and Deep Pockets The Data Show That Nearly 50% of ICO Investors are Europeans $BTCUSD $CME, $CBOE Nearly 50% of the cash that has poured into newly issued ICOs (cryptocurrencies) in recent years has been raised in Europe, research published Thursday showed. The report by Atomico, one of Europe’s […]
Fed: Bitcoin Could Threaten Financial Stability $BTCUSD, $CME, $CBOE Currently Bitcoin is trading at 10,716.3203+1,175.87 (+12.33%) As of 9:06PM GMT. Market open. Cryptocurrencies could pose a threat to financial stability as they gain wider use, a chief Fed banking oversight official said. The remarks from newly-installed Fed Vice Chairman for Supervision Randal Quarles came as Bitcoin’s price […]
Bitcoin ‘Pauses to Refresh’ After Running Up 55% in November $BTCUSD$CME, $CBOE Bitcoin was last down around 6.72% at $9,69.1934 on the Luxembourg-based Bitstamp exchange, from a record high of $11,395 set Wednesday. Thursday, it went as low as $9,000. The latest profit taking pullback is a ‘Pause to Refresh’ after a 54.7% rise in […]
Bitcoin Tops $11,000 After a $1,000 Spike in 12 Hours $BTCUSD, $CME, $CBOE Bitcoin ran past $11,000 to hit a record high for the 6th day running Wednesday after gaining more than $1,000 in 12 hours. After gaining more than 1,000% YTD, Bitcoin rose as much as 15% Wednesday. It topped $10,000 for the 1st […]
Bitcoin Runs to Record $10,000 $BTCUSD, $CME, $JPM Bitcoin broke $10,000 for the 1st time Tuesday bringing the YTD price rise to more than 10X. Currently Bitcoin is trading at $10,541.9951, +621.86 or +6.27% on the day. The fast action is bringing to the mainstream what was once considered the providence of computer developers, futurists […]
Bigger Than ‘Black Friday’, Bitcoin Price Heads for $10,000 $BTCUSD, $GBTC, $CME, $CBOE There is something even bigger than Black Friday or Cyber Monday in our financial world, as cryptocurrency buying has the price of Bitcoin up over $9,400 this Sunday afternoon. I saw the price reach as high as $9,595.395 in a fast trading […]
World’s Savviest Traders Join In On Bitcoin Action $BTCUSD, $CME, $CBOE Electronic-trading firms that have already transformed markets from stocks to Fx (foreign exchange) to futures are diving into Bitcoin and other cryptocurrencies. To date 5 of the biggest electronic traders in the world are already trading Bitcoin. Jump Trading LLC Tower Research Capital LLC […]
Bitcoin Attacks, Cracks, Breaks Key Resistance at $8,000 $BTCUSD Bitcoin’s Bull Run shows no signs of abating, with the world’s largest cryptocurrency defying fears marking another milestone. Bitcoin is trading at $8,224.9951, + 202.06 or 2.52% It has been a strong year for the largest cryptocurrency, with 3 corrections of more than 25%, all giving […]
Buy Bitcoin on Your Phone, Square says, “Let’s Do It” $SQ, $CME, $CBOE, $BTCUSD Payments company Square Inc. (NYSE:SQ) said it has started allowing select customers to buy and sell Bitcoins on its Cash app, as it looks to tap into a craze that has sent the cryptocurrency up more than 600 % YTD. Bitcoin […]
Bitcoin, What’s Ahead for the Raging Cryptocurrency $BTCUSD, $MSFT, $JPM, $GS, $TM, $CME, $CBOE Bitcoin’s amazing rise YTD has attracted lots of attention, but most institutional investors are still on the sidelines, as regulators have yet to issue comprehensive rules, and corporations are still only testing blockchain technology. Whether Bitcoin matures or crashes will depend […]
Analyst Calling Bitcoin at $11,000 Each $BTCUSD, $GLD, $CME, $JPM Bullish analyst Ronnie Moas, who says Bitcoin’s market cap will 1 day catch up to Gold at $8-T, is raising his Y 2018 price target for the digital currency to $11,000 from $7,500. Currently Bitcoin is trading at $7,303.21 Vs the USD. “Every day more […]
Goldman Sachs’ CEO, “We Cannot Dismiss Bitcoin” $BTCUSD, $GS, $JPM, $CME, $GBTC, $AMZN Goldman Sach’s CEO Lloyd Blankfein is keeping his ‘powder dry’ on Bitcoin the fast moving #1 cryptocurrency. The Goldman Sachs Group Inc. (NYSE:GS) Chief says he is not willing to reject the digital currency just yet and does not hold any investments in […]
Bitcoin Spikes, Marks 7000 $BTCUSD Bitcoin rose past 7,000 Vs USD for the 1st time, marking 3 milestone in about 1 month after it cut through 5,000 like a hot knife through butter. Spot pricing for Bitcoin climbed as much as 7.1% to a high of 7,045.46 before pulling back slightly to 6,977.40 at 9:27a […]
Bitcoin, the Angst, the Allure $BTCUSD, $CME, $CBOE, $GBTC CME,(NASDAQ:CME) the world’s largest exchange owner reversed course Tuesday and said it plans to introduce Bitcoin futures by the end of Y 2017, just a month after dismissing an earlier plan. Bitcoin, the largest cryptocurrency, which has risen 6X YTD, spiked to a fresh record high […]
Bitcoin Futures Could Open the Way Into Crypto Markets $BTCUSD Bitcoin is spiking to a record after CME Group Inc.(NASDAQ:CME) said it’s planning to launch Bitcoin futures as the move could open the way for investors who have been standing on the sidelines as Bitcoin soared over 500% YTD. The cryptocurrency marked a high at […]
Bitcoin Spikes as CME Exchange Announces Futures $BTCUSD, $CME, $CBOE CME Group Inc., (NASDAQ:CME) the world’s biggest exchange operator, plans to introduce bitcoin futures, a development that could help professional traders and investors finally get serious about the cryptocurrency. Bitcoin (BTC/USD) surged to a record high at 6,399.005 after the announcement. The Chicago-based firm, a […]
USD Charging North on Interest Rate Bets $DIA, $SPY, $QQQ, $VXX The US climbed to its highest level in about 14 years Vs a basket of peer currencies Friday, while US T-Bond yields were set for their biggest fortnightly rise in 13 years on bets US inflation and interest rates are headed North. A growing […]
Wall Street’s Top Analysts Upgrades, Downgrades & Initiations $CME, $ETP, $NVDA, $X Daily HeffX-LTN reviews Wall Street analysts research reports to find new investing and trading ideas for our readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of Wall Streets top analysts upgrades, downgrades and initiations […]
Commentary: Paul Ebeling on Wall Street $DIA, $SPY, $QQQ, $VXX This is the last full week before the US election on November 8th. It is also NFPs Report week. The GDP at 2.9% is bunk, now expect a jobs report stuffed with some minimum wage jobs and more people looking for full-time jobs but being […]
The Week Ahead on Wall Street This week 130 members of the S&P 500 are scheduled to report earnings to Wall Street. Included in this group is DJIA component Pfizer (NYSE:PFE) Tuesday. The FOMC will hold a 2-day meeting starting Tuesday. The CME’s FedWatch Tool currently assigns a greater than 90% chance of interest rates remaining unchanged. […]
The Week Ahead on Wall Street $FDX, $LEN, $GIS, $AZO On the Earnings Front Announcing earnings this week to Wall Street are S&P 500 members Adobe Systems (ADBE), FedEx Corp. (NYSE:FDX) and Lennar Corp. (NYSE:LEN) Tuesday; Bed Bath & Beyond (BBBY), CarMax (KMX), General Mills (NYSE:GIS) and Red Hat (RHT) on Wednesday; and AutoZone (NYSE:AZO) Thursday. On […]
Janet Yellen from Jackson Hole: More QE in Sight $DIA, $SPY, $QQQ, $VXX Friday, US Fed Chairwoman Janet Yellen suggestion that she may consider further asset purchases aka QE to boost the anemic economy is yet another political “band aid”. Ms. Yellen, speaking Friday at a conference of central bankers and economists in Jackson Hole, […]
Democrats Attack Wall Street Traders $CME Policy making Democrats that are drafting their party’s convention platform are proposing to tax stock trades on US exchanges as the party steps into the modern financial markets. “We support a financial transactions tax on Wall Street to curb excessive speculation and high-frequency trading, which has threatened financial markets,” […]
Gold & Gold Miners Boosted By NFPs $GLD, $NUGT The precious Yellow metal had its biggest gainer in 11 weeks after the US added the fewest workers in almost 6 years, weakening the case for the Fed to raise interest rates anytime soon. Last week, before the jobs report, a gauge of volatility in bullion […]