Week Financial News

Stock futures rose in overnight trading Thursday, boosted by a jump in Apple shares, as Wall Street looks to wrap up a roller-coaster week on a high note.

With crypto prices down badly, NFTs appear to be on a discount which is making it hard for many collectors to resist a good sale. Notable projects like World of Women have recorded their largest sale at 260 Ether ($627,755 at current value.)

Solana, which was somewhat of a star performer in 2021, has suffered a week of turmoil.

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. 

The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets went up from 4.9 recorded seven days ago to 5.05 – back at the level seen two weeks ago, according to the market sentiment analysis service Omenics. Additionally, there is a single coin in the positive zone over the past week – but four in the negative zone over the past 24 hours.

cryptocurrency market is known to go through volatile cycles of correction. This past week was one such deep correction with double-digit declines. From a technical perspective, the cryptocurrency market could be headed for a further dip. Bears are pretty active currently. Although it could seem to be a tight spot for several investors, it’s important to understand that true value creation happens during bear phases. Most of the top cryptos would be available at a discount currently. Investing in themes built around ideas could be a prudent approach forward. The largest cryptocurrency by market capitalisation, Bitcoin, climbed up in its market dominance. BTC dominance is now over 41% of the total crypto market cap of roughly $1.6 trillion.

Bitcoin (BTC) is starting the final week of January in a place no one wanted but many warned about — a 50% drawdown from all-time highs.

Stock futures are little changed in overnight trading Sunday, following the S&P 500's worst week since March 2020, as investors awaited more corporate earnings results and a key policy decision from the Federal Reserve.

The Federal Reserve’s policy meeting highlights a full week of economic news.

Bitcoin (BTC) fell close to $34,000 on Jan. 21, which reflects a 50% decline from the $69,000 all-time high made on Nov. 10, 2021. Altcoins also could not buck the trend and faced intense selling pressure, which pulled the total crypto market capitalization to $1.6 trillion, a 46% decline from its November 2021 all-time high near $3 trillion.

Voters in Portugal have been casting their ballots a week ahead of the country's national elections.

Crypto Twitter is a powerful place. Not only does the online discussion follow the ups and downs of digital assets, but it can also shape price action. Oftentimes, a spike in Twitter attention can anticipate a dramatic increase in an asset’s price. Yet, in other cases, the order can be reversed, or there may be no relationship between price and Twitter chatter at all.

The cryptocurrency industry has had a rough beginning in 2022 as much of it has remained on a downward spiral for the past few weeks. Its global market cap was sitting at $2.1 trillion at the time of writing, having shed off over 3% of its valuation in the past day. Much of this can be attributed to the BTC sell-off that saw the coin slipping below $42,000, however, the altcoin market has been experiencing a similar fate.

token is not a new fad. However, there is a crypto token that is struggling to get its glory back but is still far behind its all-time peak. This token is so behind its previous peak that despite a 2.9 billion per cent rally, it is still 96 per cent below its previous peak and zoomed about 25 times to scale the previous highs.Ekta delivered a mammoth return of 2,893,266,376 per cent in the last seven days to $0.4039 from $0.00000001396, as per Coinmarketcap.com data.

Bitecoin has zoomed 8,57,63,221 per cent over the past one week, implying that the currency has turned an investment of Rs 1,000 into a mind boggling Rs 85.76 crore in just a week, suggests the data from Coinmarketcap. The penny token has witnessed a surprising rally of 19,650 per cent in the last one day as it zoomed to $0.0006462 from $0.000003271 in the last 24 hours time range. This token commands a market capitalisation of more than $3 billion. However, the volumes of token have dropped about 21 per cent. However, the volumes have remained a little more than $125,000.

Major bank stocks declined after their earnings reports on Friday, weighing on the U.S. markets as Wall Street notched a second straight negative week to start the year.

FTX Trading Limited (FTX) will be the naming rights sponsor for Australian Blockchain Week 2022, which will run from March 21 to 25.

A tribunal against KPMG and six of its former staff kicked off on 10 January. The Financial Reporting Council levelled the accusation that it was misled during its investigation of the Big Four firm's 2016 audit of Carillion and its 2014 audit of Regenersis.

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. 

Bitcoin (BTC) hovered near $43,000 on Jan. 17 as "boring" price action combined with signs that the market could be stabilizing.

Bitcoin (BTC) starts a new week facing multiple hurdles but with strong internal support — can old resistance below $50,000 finally fall?