Crypto comeback? Bitcoin is in a more enduring bull market because of China’s crackdown …

Our chart depicts conditions that have typically brought out responsive investors and supported Bitcoin in the past, when the price slips around 30% below its 20-week moving average. “What’s different now — other than just higher prices — is less supply and more demand, as evidenced by ETFs, notably in Canada. Over the weekend, China’s […]

Asia stocks rise after Fed chair says US inflation temporary

Overnight, Wall Street’s benchmark S&P 500 index rose 0.5% to near last week’s all-time high after Fed chairman Jerome Powell said inflation is mostly in areas that suffer supply shortages. Also Wednesday, the preliminary version of a monthly survey of Japanese manufacturers showed June activity weakened amid shortages of processor chips and anti-coronavirus restrictions. Most […]

Mid-day market update: SharpSpring surges following acquisition news, MicroVision shares plummet

In total, there were at least 178,811,880 cases of COVID-19 worldwide with more than 3,873,980 deaths, according to data compiled by Johns Hopkins University. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. FXStreet […]