There are a total of 27 articles associated with Wall Street.
Blockworks Exclusive: Symbiont’s brand refresh to push distributed ledger technology as financial market infrastructure
FINRA chief executive Robert Cook has a message for those recently laid off by cryptocurrency companies — call him
Staff from Goldman Sachs, JPMorgan Chase, Wells Fargo left the banks for roles at the cryptocurrency exchange
Former Morgan Stanley pros look to build tools to help bring trillions of dollars in institutional funds to the blockchain
The bank’s first over-the-counter crypto transaction could spur other Wall Street heavyweights to follow suit
Acquisition will see Securitize join the top 10 transfer agents globally, with over 1.2 million accounts
Aurox would be one of a growing number of crypto companies tapping public markets
Equities started off strong Monday morning, largely paring losses from the prior session, before closing mostly lower.
US stocks inched higher Monday, led by big tech, extending gains from last week’s highs as investors await the biggest week of earnings season.
Twitter, which reported higher-than-expected earnings, benchmarked their biggest revenue growth in over five years.
Equities advance amid wide-spread internet outages, rising initial jobless claims data and higher-than-normal existing home sales.
Signals of further institutional adoption could have triggered crypto’s early morning rally, when bitcoin jumped over 10%.
Stocks rebounded after Monday’s steep sell-off. Bitcoin falls after another crypto regulatory clampdown.
However, stocks less impacted by lockdown restrictions made decent gains, Etsy, the online craft marketplace, jumped 7% intraday.
Despite a decent start in earnings season, the Dow Jones Industrial Average broke a multi-week string of gains, shedding 0.5%.
Weary investors speculate sustainability of economic growth while Fed chair insists that high inflation is temporary.
Bitcoin and ether traded higher after chairman Powell said that having a Fed-issued digital currency would be more feasible than several cryptocurrencies in a congressional hearing.
Some correlate a rise in inflation and bitcoin’s limited supply as a signal to buy, but investors seemed unbothered by the hike.
“After a 50% correction across the Crypto markets we are in a consolidation mode which is healthy for the next bull run. If BTC holds support at 30k through the summer I think we are poised for a great Q4 rally,” Charlie Silver said.
“We view the cryptocurrency market as a high growth market that is large, profitable, and filled with opportunities,” Ex-NYSE president Thomas Farley said.
Investor angst and concern over tapering may have contributed to the downturn in indices, leaving traders weary of riskier assets.
“I think the reason the market liked the June jobs reports today is because it doesn’t change the expectation for the Fed,” said Tom Essaye, President of Sevens Report Research. “That to me is the biggest takeaway. It was a pretty goldilocks report.”
The OPEC ministerial panel recommended an increase in output of the red-hot commodity to compensate for the surging demand of oil in more industrialized countries.
“Precious metal markets simply can’t find a gear with the stronger dollar and strong economic data weighing on the market,” Ole Hansen at Saxo Bank A/S told Bloomberg.
Cryptocurrencies continue to climb despite regulatory crackdowns worldwide. Bitcoin faces resistance at $40,000 after last week’s volatile shakeout, where the largest crypto fell below $29,000.
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