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History tells us we're in for a strong bull market with a hard landing

Consumer debt is at a record high, a fact that will weigh on the market in 2024. Yet, it's safe to say central banks will keep rewriting the rules to keep the economy at full steam. ....

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Bitcoin beyond 35K for Christmas? Thank Jerome Powell if it happens

Led by Chairman Jerome Powell, the Federal Reserve has halted the rise of interest rates. Will it be enough to fuel the surging market through Christmas? ....

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Bitcoin Surge Shakes Up ETF World: Who's Soaring And Who's Crashing?

Bitcoin Surge Shakes Up ETF World: Who's Soaring And Who's Crashing?
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Fund tracking inverse of bitcoin futures hits all-time low as cryptocurrency rallies

The ProShares Short Bitcoin Strategy ETF, which allows traders to bet on a fall in bitcoin futures, hit a record low on Tuesday as the cryptocurrency surged on growing optimism that the launch of an exchange-traded fund tracking bitcoin is imminent. Bitcoin, the world's largest cryptocurrency, hit an 18-month high on Tuesday, extending Monday's 10% surge, on speculation over the likely approval of a spot bitcoin ETF that was fueled by BlackRock's iShares ETF listing on the website of clearing house DTCC. The ProShares fund had hit its peak of $45.61 a little over a year ago as crypto assets tumbled following the collapse of FTX, but struggled to hold on to gains this year amid the sharp recovery in bitcoin. ....

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Bitcoin's Rollercoaster Day Fueled by Erroneous BlackRock SEC Approval Report

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions. ....

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