Bitcoin (BTC) took daily gains to 4.5% on Nov. 11 as an unlikely weekend of upside held firmly in place.BTC/USD 1-hour chart. Source: TradingViewBTC price knocks on $85,000Data from Cointelegraph Markets Pro and TradingView showed BTC price momentum passing $84,000 after the Wall Street open.Now up nearly 25% in the past seven days, BTC/USD showed no signs of a major retracement or consolidation as bulls ripped through sell walls and continued price discovery.“In the short term, capo-bears are going to help drag the bitcoin price higher, as they keep adding shorts for the market to liquidate,” popular analytics account Bitcoindata21…
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Image source: Getty Images Whatever you think of our new government’s Budget, there’s probably one thing all of us savers and investors can agree on: thank goodness they didn’t touch the Stocks and Shares ISA! ISAs were relegated to a one-sentence ditty on page 128 confirming that “annual subscription limits” would remain at £20,000 until at least 5 April 2030. One particularly pleasing detail was that ISAs didn’t even seem to be part of the conversation. While newspaper readers were subject to a succession of (probably perception-testing) leaks and rumours, not once was any kind of change to ISAs even…
Overview: – Companies are increasingly using voluntary carbon offsets to reduce their greenhouse gas emissions, but not all offsets are created equal.- A recent study found that many voluntary offset projects, particularly forest management projects, have done little to benefit the climate, and some companies have used low-quality offsets to boost their environmental claims.- The study also found that large firms with a high percentage of big institutional investors and commitments to reach net-zero emissions are particularly active in voluntary carbon markets. Sehoon Kim, University of Florida Carbon offsets have become big business as more companies make promises to protect…
The stock market could enjoy a bigger boost from President-elect Donald Trump than any previous administration thanks to his pro-business policies, according to Jeremy Siegel, finance professor at the Wharton School of the University of Pennsylvania.”President-elect Trump is the most pro-stock market president we have had in our history,” Siegel said Monday on CNBC’s “Squawk Box.” “He measured his success in his first term by how well the stock market did. You know, it seems to me very unlikely he’s going to implement policies that are going to be bad for the stock market.”The market already reached new heights in reaction…
BRASILIA (Reuters) – Brazil’s currency weakened on Monday (NASDAQ:) as President Luiz Inacio Lula da Silva’s administration postponed the release of long-awaited spending-containment measures, despite earlier signals of an imminent announcement. The real fell about 1% against the U.S. dollar, extending its decline for the year to over 16%. The currency’s drop, which raises import costs and adds to inflationary pressures, follows the government’s hesitation to announce a fiscal package to curb the rapid rise in mandatory spending following Finance Minister Fernando Haddad’s suggestion that this would happen last week. Since then, however, the government has offered no concrete timeline…
iPhone sales are growing in all geographies, giving investors reason to cheer. Source link
Gold investing can be beneficial for a variety of investors, including millenials. Getty Images Gold has been a popular investment this year — and it’s no wonder why. Prices have soared in 2024, offering higher gains than many other asset classes. Forecast projections for stock market returns vary for the end of the year. Gold prices, on the other hand? Those have jumped by more than 30% since the start of this year alone.Not only does gold offer nice returns these days, but it’s also a smart portfolio diversifier and can protect against inflation and recessions. It can even be…
Image source: Getty Images As one of many small private shareholders in Legal & General (LSE: LGEN), I am hopefully set to earn my own passive income streams from the FTSE 100 financial services company. I think there is a lot to like about the Legal & General dividend. Here are three of those things. Reason 1: dividend set for ongoing growth The last time the Legal & General dividend was cut was during the 2008 financial crisis. Since then, apart from one year during the pandemic when it was held flat, we have seen an annual increase in the…
In a remarkable display of market confidence, NGNE stock has soared to a 52-week high, reaching a price level of $73.72. This peak represents a significant milestone for the company, reflecting a period of robust performance and investor optimism. Over the past year, the stock has witnessed an extraordinary surge, with Aquinox Pharmaceuticals, associated with NGNE, reporting a staggering 1-year change of 426.95%. This impressive growth trajectory underscores the company’s strong market position and the high expectations investors have for its future performance. In other recent news, Neurogene Inc. has secured approximately $200 million in gross proceeds through an oversubscribed…
Bitcoin is officially back in a bull market and could potentially hit $1 million per coin in the next few years, according to trader and investor Michaël van de Poppe.However, the founder of MN Consultancy, MN Capital and MN Academy warned that a $1 million Bitcoin (BTC) price might come alongside a much broader debt crisis that could wreck the price of all assets in the short term.Van de Poppe sat down with Decentralize with Cointelegraph host Jonathan DeYoung at DKGcon 2024 in Amsterdam for an exclusive interview to discuss the state of the Bitcoin bull market, whether an altseason…