BTC traders purchase protective put options in response to Monday's 5% decline.The Coinbase premium indicator highlights a decline in demand for Bitcoin in the U.S. market.The daily chart reveals a bearish RSI divergence, signaling potential weakness in price momentum.
Bitcoin's price has pulled back from levels near $100,000. Some analysts blame investors taking profits and pulling money from bitcoin ETFs even as companies continue to purchase the crypto asset.
The Federal Housing Finance Agency is increasing the size of home loans that the government can guarantee against default as it takes into account rising housing prices. Beginning next year, mortgage buyers Fannie Mae and Freddie Mac will be able to acquire loans of up to $806,500 on single-family homes in most of the country, the agency said Tuesday. FHFA oversees Fannie Mae and Freddie Mac, which buy home loans from banks and other lenders, guaranteeing them against default.
(Bloomberg) -- Federal Reserve Bank of Chicago President Austan Goolsbee said it would be “perfectly sensible” for the US central bank to slow down the pace of its interest-rate cuts as it approaches what it deems a neutral setting for monetary policy.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Italy’s Motor City, Car-Free Options Are GrowingIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC's Underground Steam System Ma
(Bloomberg) -- OPEC+ has few options when it comes to bringing back the oil production capacity it has been keeping off the market, according to some of the world’s top energy trading houses.The group will discuss on Dec. 1 whether to return barrels to the market, and senior trading executives said they expect the supply increase to be pushed back again. Oil prices have dropped toward $70 a barrel due to weaker-than-expected demand this year and the outlook for strong supply in 2025.“I think tha
(Bloomberg) -- Saudi Arabia outlined plans to trim spending in 2025 after overshooting targets this year in an effort to progress a trillion-dollar economic transformation plan.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Italy’s Motor City, Car-Free Options Are GrowingIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC's Underground Steam System May Be Key to a Greener FutureNYC Gets Historic Push for 80,000 Homes With $5
As Bitcoin soars and meme coins steal the spotlight, Ethereum's struggles may actually be setting the stage for a surprising comeback.
(Bloomberg) -- Key OPEC+ nations have begun discussions to delay the oil production restart planned for January, potentially for several months, delegates said.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Italy’s Motor City, Car-Free Options Are GrowingIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC's Underground Steam System May Be Key to a Greener FutureNYC Gets Historic Push for 80,000 Homes With $5 Billion PledgeTh
Rumble, the conservative-leaning streaming platform whose backers include Vice President-elect JD Vance, said it is planning to allocate part of its cash reserves to bitcoin.
Dogecoin (CRYPTO: DOGE) is no longer a sleeping dog. In the aftermath of Donald Trump winning the U.S. presidency, Dogecoin has been one of the hottest performers in the crypto market. Is this yet another example of a meme coin exploding in value due to hype and buzz, or is there something really behind Dogecoin's recent resurgence?
