Welcome back to Distributed Ledger. This is Frances Yue, crypto and markets reporter at MarketWatch. The first approved bitcoin BTCUSD, +1.11% ETFs have now been trading for two weeks, with BlackRock and Fidelity leading the race after the U.S. Securities and Exchange Commission greenlighted such products on Jan. 10. Some…

In 2023, we have seen global central banks struggle with inflation. Following interest rate hikes by central banks worldwide, global inflation has fallen from around 10% in the summer of 2022 to its current level of less than 5%. As a consequence of rising interest rates, higher asset return requirements…

(Reuters) -More than 350,000 homes and businesses were without electricity in California on Monday after a storm pounded the state with heavy rainfall and hurricane-force winds, initially knocking out power to more than one million customers, according to electric utilities and PowerOutage.us. The storm is the second so-called Pineapple Express…

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose against most currencies on Thursday in choppy trading, bolstered by better-than-expected U.S. labor market data that dampened expectations of multiple interest rate cuts by the Federal Reserve this year. A crucial nonfarm payrolls report due on Friday could guide the outlook…

Last updated: February 7, 2024 02:03 EST | 4 min read Bitcoin Price PredictionDuring the Asian session, Bitcoin‘s trajectory garners significant attention, with the asset flirting with the $43,000 mark. Recent developments, including BlackRock’s Bitcoin ETF climbing to the elite ranks of ETFs and MicroStrategy’s substantial acquisition, amplify the discourse…

Hello! This is MarketWatch reporter Isabel Wang bringing you this week’s ETF Wrap. In this week’s edition, we look at some of the ETF sectors that were in spotlight during former President Donald Trump’s presidency to see what a second term could mean for these funds.Please send tips or feedback…

© Reuters. FILE PHOTO: The production line for the Boeing P-8 Poseidon maritime patrol aircraft is pictured at Boeing’s 737 factory in Renton, Washington, U.S. November 18, 2021. REUTERS/Jason Redmond/File Photo By Tim Hepher and Valerie Insinna (Reuters) -Boeing Co said on Sunday it will have to do more work…

By Shariq Khan NEW YORK (Reuters) – Oil prices rose about a dollar a barrel on Monday on concerns that tensions in the Middle East and Russia’s ongoing invasion of Ukraine could curb global supplies. futures settled higher by 66 cents, or 0.9%, at $77.99 a barrel and U.S. West…

By Hari Kishan BENGALURU (Reuters) – The U.S. dollar’s recent slide appears to be short-lived as some speculators have already reduced bets for aggressive Federal Reserve interest rate cuts this year, according to a Reuters poll of strategists who still say it will be weaker in a year. Market expectations…

The world of cryptocurrencies is ever-evolving, with new projects and tokens constantly emerging, each vying for a chance to become the next big success story. While established cryptocurrencies like Bitcoin and Ethereum continue to dominate the market, newer tokens have been making waves, promising innovative solutions and substantial gains for…