Week Financial News

16.05 / 05:15

cryptocurrency cryptocurrency market crypto market Terra Usd Luna week Crypto Week at a Glance: The volatility of crypto and the de-pegging of a stablecoin

By Analytics Team, Giottus Crypto Exchange Bitcoin (BTC)’s volatility was on full display this week – from the highs of $36,000, BTC briefly went below $27,000 before regaining the $30,000 level and losing it eventually. BTC is trading near $29,000 today. The story of the week though belongs to TerraUSD (UST) and Terra (LUNA). Both were amongst the top 10 cryptocurrencies at the start of the week. UST’s de-pegging led to a capitulation in LUNA as it dropped more than 99 per cent in value and fell outside the top 200 list.

16.05 / 01:37

NASDAQ DOW week Stock futures rise ahead of a big week of retail earnings

Stock futures were higher Sunday evening after a week of steep losses that ended on a high note, and ahead of a big earnings week for retailers.

15.05 / 22:23

week Economy Week Ahead: U.S. Consumers, Housing Market in Focus

U.S. retail sales and existing-home sales data for April highlight this week’s economic calendar.

15.05 / 12:19

cryptocurrency CryptoExplainer stablecoins Rocky week The Worst Maybe Over For Cryptos, After Rocky Week Shakes Stablecoins

Crypto world stabilizes after rocky week shakes stablecoins

15.05 / 09:39

Tether coinbase Rocky week Crypto world stabilizes after rocky week shakes stablecoins

Crypto assets have been swept up in broad selling of risky investments on worries about high inflation and rising interest rates, but have started showing signs of settling. Although the near-term trajectory of the crypto market is challenging to predict, the worst may be over, said Juan Perez, director of trading at Monex USA in Washington.

13.05 / 23:51

Ethereum ETF Tether Bitcoin Silver week Bitcoin and Ethereum had a rough week, but derivatives data reveals a silver lining

This week the crypto market endured a sharp drop in valuation after Coinbase, the leading U.S. exchange, reported a $430 million quarterly net loss and South Korea announced plans to introduce a 20% tax on crypto gains.

12.05 / 15:43

Lowe's week jobless claims U.S. Jobless Claims Rose to 203,000 Last Week

New applications for unemployment benefits rose for the second week in a row last week but remained near historic lows in a sign of a tight U.S. labor market.

11.05 / 10:03

European Union week A week on, the EU appears no closer to a Russian oil embargo

Unlike other rounds of sanctions against Moscow approved swiftly by member states, the EU appeared no closer to agreeing on a Russian oil embargo nearly a week after it was proposed by the Commission.

10.05 / 06:11

Adoption ETF Investments week crypto ETFs Three new crypto ETFs to begin trading in Australia this week

Australians will soon have more options for spot cryptocurrency exchange-traded funds (ETFs) after a previous hold-up was given the green light this week and new funds entered the ETF market.

09.05 / 22:41

BTC Extreme Action Bitcoin week Bitcoin’s defining week: Will it side with the bulls or usher in more downside

Bitcoin’s price action has been quite a roller coaster especially in the last week or so, during which it turned heavily bearish. However, it is currently in a critical position that might determine whether it will continue tanking or register a recovery rally in the next few days.

09.05 / 20:17

Altcoins Trading Exchange week Crypto Listing and Delisting Announcements: Week 19

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.

09.05 / 18:25

business Facebook NFT Instagram Collectibles week Meta will test digital collectibles on Instagram starting this week

Mark Zuckerberg, CEO of Facebook’s parent company Meta, said that the company is starting to test digital collectibles on photo and video sharing platform Instagram this week, signaling a move toward adding nonfungible tokens, or NFTs.

09.05 / 11:51

Twitter Binance Bitcoin Bears week Crypto week at a glance: Bears continue to rule, Binance goes big on Twitter

Bitcoin and Ethereum dropped sharply from $38,000 and $2,800 on Monday to $35,000 and $2,600 on Saturday. On Sunday, it breached $35,000 and $2,600 levels. Even though cryptocurrencies rose following the US central bank hike on interest rates, it was for a brief period. Bitcoin traded lowest on Saturday after Friday's massive sell-off. Ethereum is also trying to find its support between $2,600. While most of the cryptocurrencies are still running in the red, Dogecoin, Algorand, Axie Infinity, STEPN, have gained a decent growth.

09.05 / 11:35

markets Bitcoin Bitcoin Price week First 6-week losing streak since 2014 — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts the second week of May 2022 by bringing up bearish ghosts from its past — how much worse could the picture get for hodlers?

09.05 / 01:15

NASDAQ DOW fall week Stock futures fall as Wall Street looks to stabilize after rollercoaster week

Stock futures fell on Sunday evening as traders looked for the market to find its footing after a dramatic week of trading.

08.05 / 22:19

week Economy Week Ahead: U.S. Inflation, China’s Exports in Focus

Policy makers, economists and investors will be watching for signs that inflation in the U.S. peaked in March and price pressures are slowly starting to ease.

08.05 / 21:47

markets Monero Tezos Bitcoin XTZ week Top 5 cryptocurrencies to watch this week: BTC, ALGO, XMR, XTZ, THETA

The S&P 500 and the Nasdaq have declined for five consecutive weeks, indicating that traders continue to reduce exposure to risky assets. Bitcoin’s (BTC) close correlation with United States equity markets has resulted in its price remaining under pressure.

07.05 / 21:37

UPS BTC Bitcoin Luna week Tron: Stablecoin USDD went live this week, here’s how TRX reacted

TerraUSD’s (UST) growth over the last couple of weeks has brought a shift of sorts in the stablecoin world, with people now realizing the importance of decentralized stablecoins.

06.05 / 21:19

Lowe's Bitcoin week Loopring [LRC] rejected at $0.84, could it see merry days next week

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.

06.05 / 17:49

markets Ethereum Trading Ether price week Ethereum hits 3-week high vs. Bitcoin amid Fed-led market rout

Ethereum's native token Ether (ETH) tumbled to its worst levels in almost two months against the U.S. dollar on May 6 as the rout in financial markets rippled across the cryptocurrency sector. Nonetheless, ETH did fare better than Bitcoin (BTC) with the ETH/BTC pair hitting a three-week high.

05.05 / 20:55

markets Bitcoin Bitcoin Price week Bitcoin price hits 10-week lows as $40K spike becomes 'nasty bull trap'

Bitcoin (BTC) hit its lowest level in over two months later on May 5 as Wall Street trading saw volatility return with a bang.

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