How Professional Traders Are Changing the Cryptocurrency Market: “Market Structure is Evolving”

As cryptocurrency loses its stigma as nothing more than a convenient conduit for criminals and money launderers, banks have so far proceeded with caution. Goldman Sachs and JPMorgan are among the large banks that have engaged in trading cryptocurrencies – not cryptocurrencies per se, but futures contracts and other instruments – to reap the volatility … Read more

Nasdaq leaps 1.3% to drive stock market rebound as investors testify of Federal Reserve’s Powell to pace

U.S. stocks rose Tuesday morning, with tech-related stocks extending a rebound from the previous session as investors appeared to be taking the testimony of Federal Reserve Chairman Jerome Powell as they looked for clues on the pace of future rate hikes and others. plans to tighten monetary policy in 2022. What do the major indices … Read more

The former CFTC chairman calls Biden’s approach to cryptocurrency regulation “reactionary”

Believers in the transformative power of blockchain have labeled the rise of bitcoin BTCUSD, + 0.18% and other cryptocurrencies a revolution, implicitly placing financial industry incumbents and federal regulators in the role of eager reactionaries. Former Commodity Futures Trading Commission Chairman Chris Giancarlo made the analogy explicit on Tuesday when he called the Biden administration’s … Read more

Bitcoin in the Bank: Traditional lenders try their hand at cryptocurrencies outside the United States

Traditional banks outside the United States are sampling cryptocurrencies, offering customers ways to invest and store bitcoin and other digital assets. Banco Bilbao Vizcaya Argentaria SA BBVA 1.36% —The second largest asset lender in Spain, with operations in Latin America and Turkey — allows customers to hold, buy and sell bitcoin and ether through a … Read more

Cryptocurrency stocks are rallying, challenging Bitcoin’s weakness

Text size Bitcoin’s price has been weak for months. Alexander Uhrin / Dreamstime Some cryptocurrency-related stocks and exchange-traded funds rallied to kick off the new year, shaking off the decline in Bitcoin and its counterparts. The cryptocurrency sector, including Bitcoin miners, exchanges and blockchain-related companies, was generally higher on Monday. Digital Holdings Marathon (ticker: MARA), … Read more

US equities open higher on the first trading day of 2022

US equities opened 2022 with tepid gains as investors monitored the cases of the Omicron variant of Covid-19 and other factors that could weigh on equities this year. The S&P 500 gained 0.4% in early trading on Monday. The index ended 2021 up 27%, hitting 70 record highs along the way. The technology-focused Nasdaq Composite … Read more

A booming startup market requires an investment race for ever younger companies

Blank Street has a simple business: it sells coffee, sometimes in carts, usually in small shops. It launched its first venue 17 months ago, before starting dotting Manhattan and Brooklyn with bartenders. Even a couple of years ago, a fast-growing chain of no-frills, low-cost coffee shops may have struggled to find interest from tech investors. … Read more

2021 is in the books of records: a year of memes, cryptocurrencies and stocks at an all-time high.

Text size This year has seen many stock records, meme craze, a leap in IPOs, and more. Staff illustration; Dreamstime (9) 2021 was a grueling year, perhaps even more grueling than 2020. Measuring the economic fallout of the new coronavirus variants: first Delta and now Omicron, a surge in inflation and a wave of meme … Read more

These money and investment tips can help make 2022 a truly happy new year for your finances

Don’t miss out on this money and the best investing features: Keep up to date with smart investing news and trends. Sign up here to receive weekly MarketWatch best mutual funds and ETF stories by email! INVESTING NEWS AND TRENDS Stocks preferred by Wall Street analysts for 2022 include Alaska Air, Caesars and Lithia Motors … Read more

The $ 900 billion pile of cash that inflates startup valuations

Investors are braving a share price plunge for new public companies to put hundreds of billions of dollars at the disposal of startups, a stack of cash that promises to inject a torrent of money into early-stage companies in 2022 and beyond. Special-purpose acquisition companies, which make startups public through mergers, raised about $ 12 … Read more