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Bitcoin fell to below $61,000 on Tuesday, while Ethereum dived to near $3,000 to extend overall weakness. These declines came ahead of the highly anticipated FOMC meeting. ETH also dropped as the US Securities and Exchange Commission (SEC) delayed its decision on spot Ethereum ETFs. However, with the crypto market largely bullish, analysts are predicting […]

• March 20, 2024 03:45 AM PDT
• Invezz

Digital World (NASDAQ: DWAC) stock price has come under pressure in the past few weeks as traders assess the impact of Donald Trump’s financial woes. The stock crashed to a monthly low of $32.25 on Tuesday before bouncing back to $36.42. It continued rising in the pre-market session as it hit a high of $38. […]

• March 20, 2024 03:01 AM PDT
• Invezz

Cayman, Cayman Islands, March 20th, 2024, Chainwire zbyte, the trailblazing Web3 infrastructure platform, announces the launch of its groundbreaking SDK, setting a new standard in the ease of blockchain development and accelerating the growth of Web3 ecosystems. This SDK launch is a pivotal step in zbyte’s mission to democratize blockchain technology, making it accessible and […]

• March 20, 2024 02:06 AM PDT
• Invezz

Alipay+, the largest payment app in China, has teamed up with blockchain network Avalanche to power a new Web3-enabled voucher and e-wallet program. Avalanche will power this program for Alipay+ D-store, the payment app giant’s digitalization solution. AvaClound, a managed blockchain service that allows for the development and deployment of scalable decentralized networks, will manage […]

• March 20, 2024 02:03 AM PDT
• Invezz

Bitcoin (BTC), the leading cryptocurrency, witnessed a significant downturn in its price, dropping to around $60,000 earlier today, triggering liquidations worth hundreds of millions across the crypto market. This comes amidst a broader decline in the cryptocurrency market, with major cryptocurrencies experiencing losses over the past 24 hours. Bitcoin price slump amid significant ETF outflows […]

• March 20, 2024 02:01 AM PDT
• Invezz

This morning, the United Kingdom’s Office for National Statistics (ONS) released the latest inflation figures, for February 2024. The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 3.8% in the 12 months to February 2024, down from 4.2% in January. Year-on-year, Consumer Prices Index (CPI) rose by 3.4% in the 12 months […]

• March 20, 2024 12:12 AM PDT
• Invezz

Luxury goods stocks came under pressure on Wednesday as concerns about the Chinese market continued. Kering share price crashed by more than 10% after the company published weak financial results. This drop triggered a major sell-off among other luxury group companies. LVMH, the biggest luxury group in the world, dropped by over 2%. Similarly, Hermes […]

• March 19, 2024 11:04 PM PDT
• Invezz

Colgate-Palmolive (NYSE: CL) stock price has jumped in the past six straight weeks, pushing it to its all-time high of almost $90. It has jumped by more than 25% in the past 12 months, outperforming the Vanguard Consumer Staples (VDC) ETF, which is up by 12%. The company’s market cap has soared to over $72 […]

• March 19, 2024 09:05 PM PDT
• Invezz

Industrial stocks are doing great. On Tuesday, I wrote about Rolls-Royce, Illinois Tool Works, and Emerson Electric. This article will look at Caterpillar (NYSE: CAT) stock price, which has surged to a record high as demand, revenues, and profits jump.  Caterpillar is doing great Caterpilar is one of the biggest American industrial companies. It is […]

• March 19, 2024 07:02 PM PDT
• Invezz

Remitly (NASDAQ: RELY) stock price has crawled back in the past two years as demand for its services has risen substantially. After crashing to $6.5 in May 2022, the stock has surged to over $20, giving it a market cap of over $3.8 billion. Rising immigration could benefit Remitly Remitly is one of the top […]

• March 19, 2024 06:02 PM PDT
• Invezz