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Fed's Goolsbee: US labor market still looks stable

Federal Reserve Bank of Chicago President Austan Goolsbee said on Friday that the labor market appears largely stable despite a bumpy series of data on the US jobs landscape, per Bloomberg.

Fxstreet

Dec 9, 2024

Bitcoin Whales Ramp Up Accumulation – Another Price Surge To Follow?

The price of Bitcoin (BTC) has dipped by 1.66% in the last day after failing to break past $102,000 on Friday. Currently, the crypto market leader seems to be in consolidation, with little indication of its next price movement.

Bitcoinist

Dec 9, 2024

Ethereum Active Addresses Surge By 36% In Support Of Bullish Price Action – Details

Shortly after surging above $4,000 on December 6, Ethereum (ETH) has sunk into a state of consolidation showing no significant price action over the last day.

Ethereum Classic

NewsBTC

Dec 9, 2024

Shopify upgraded to ‘buy' as AI initiatives drive growth and efficiency

Investing.com -- Loop Capital upgraded Shopify Inc (NYSE:SHOP) to "buy" from "hold," citing the company's strategic use of artificial intelligence (AI) to boost merchant tools and streamline internal operations. Brokerage raised its price target for Shopify to $140, reflecting a 23% potential upside

Investing.com

Dec 9, 2024

Fed's Bowman: Central bank should proceed cautiously with rate cuts

Federal Reserve Governor Michelle Bowman said on Friday that she prefers to cut the interest rates cautiously, emphasizing underlying inflation remains “uncomfortably” above the central bank’s 2% goal, per Bloomberg.

Fxstreet

Dec 9, 2024

Super Micro stock jumps after Nasdaq grants filing extension

Super Micro Computer Inc (NASDAQ:SMCI) shares jumped 9% after-hours Friday after the company announced that it had been granted an extension by the Nasdaq Stock Market to submit its overdue financial reports.

Investing.com

Dec 9, 2024

Dogecoin Sees Quiet Breakout As Data Signals Rally Continuation

Dogecoin has finally surged above the crucial $0.48 resistance level, briefly reaching $0.484 before pulling back slightly. This marks a significant development for the meme coin, as it had struggled to break past this level for weeks.

NewsBTC

Dec 9, 2024

President Trump says he never wanted to kick Jerome Powell out of the Federal Reserve

President-elect Donald Trump has shut down speculation about removing Jerome Powell from his position as Federal Reserve Chair. These speculations come from him saying during campaign that he would take over the central bank and be in charge of the economy himself.

Cryptopolitan

Dec 9, 2024

Ethereum Price Could Reach New All-Time High With Little Resistance, Analyst Explains Why

The Ethereum price seems to be finally picking up some momentum after several weeks of trailing the remarkable Bitcoin price performance. After kickstarting the week with sluggish price action, the acclaimed “king of altcoins” has returned to above the $4,000 mark for the first time since March.

Bitcoinist

Dec 9, 2024

AUD/USD holds positive ground near 0.6400 as traders await RBA rate decision

The AUD/USD pair gains ground to around 0.6400 on the weaker US Dollar (USD) during the Asian session on Monday. There are no Federal Reserve (Fed) speakers this week due to the media blackout.

Fxstreet

Dec 9, 2024

Silver Price Forecast: XAG/USD recovery stalls below $31.45 with NFP data eyed

Silver rally loses momentum with bulls capped right below the last two weeks' range top, at $31,45.

Fxstreet

Dec 6, 2024

Why Altcoins Were Skyrocketing in Price This Week

For what feels like the umpteenth time this year, cryptocurrencies were having quite a stretch over the past few trading days.

The Motley Fool

Dec 6, 2024

EUR/GBP edges lower as Sterling performs strongly across the board

The EUR/USD pair ticks lower to near 0.8285 in Friday’s North American session after struggling to extend Thursday’s recovery above the key resistance of 0.8300.

Fxstreet

Dec 6, 2024

OpenAI could go bankrupt between 2026 and 2028 – Elon Musk needs to do nothing

Tesla CEO Musk recently filed a lawsuit against OpenAI to stop an alleged “illegitimate” conversion of the company to a profitable organization.

Cryptopolitan

Dec 6, 2024

Bitcoin On Track To Replace Gold In 10 Years, Trading Firm Predicts

Bitcoin (BTC) shattered the $100,000 price milestone yesterday, reaching as high as $104,088 on Binance crypto exchange. This historic price action has prompted analysts at the tra

NewsBTC

Dec 6, 2024

2 "Fallen Angel" Stocks Worth Buying Now

A weak retail environment has been a headwind for many consumer brands this year. Celsius Holdings (NASDAQ: CELH) and Lululemon Athletica (NASDAQ: LULU) are two stocks that have fallen well off their highs after posting disappointing financial results. Here's why these "fallen angels" can return to

The Motley Fool

Dec 6, 2024

WTI struggles near weekly low, below $68.00 mark as traders await US NFP report

West Texas Intermediate (WTI) US Crude Oil prices remain under some selling pressure for the third consecutive day on Friday and trade near the lower end of the weekly range, around the $67.80 region during the Asian session.

Fxstreet

Dec 6, 2024

Is Bitcoin’s $100K Just the Beginning? Key Insights from Supply Distribution Data

Bitcoin has reached a landmark moment in its history earlier today, crossing the $100,000 price mark for the first time and cementing its position once again as the largest cryptoc

NewsBTC

Dec 6, 2024

BNB Price Eyes Another Leap: Is a Fresh Surge Incoming?

If BNB fails to clear the $725 resistance, it could start another decline.

NewsBTC

Dec 6, 2024

Bitcoin Hits $100K – And Mt. Gox Makes A $2.4 Billion Power Play

Bitcoin recorded $104,000, a new all-time high for the alpha crypto.

Bitcoinist

Dec 6, 2024

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