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Bitcoin hits record high, driven by optimism and regulations

Bitcoin surges to record $110,524 amid renewed optimism and regulatory clarity, with predictions of reaching $160,000 by 2025.

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Bitcoin surges to record $110,524 amid renewed optimism and regulatory clarity, with predictions of reaching $160,000 by 2025.

In Short:
Bitcoin hit a record high of $110,524, driven by optimism around US cryptocurrency legislation and growing institutional interest. However, experts warn it remains a speculative asset with inherent risks for investors.

Bitcoin has made headlines, hitting a record high of $110,524, surprising many who had written it off after a difficult few months.

Optimism surrounding Bitcoin initially surged following Donald Trump’s election campaign, where he pledged support for cryptocurrencies. However, this optimism faded as Bitcoin’s value plummeted.

The latest surge is attributed to new optimism surrounding cryptocurrency legislation in the United States. Experts view this as a significant milestone, predicting Bitcoin could reach $160,000 by Q4 2025 and potentially $1 million by 2030.

Edward Carroll from MHC Digital Group suggests Bitcoin is becoming less correlated with risk assets, acting more as an independent and reliable investment. Growth in demand alongside a fixed supply is expected to drive prices higher.

Caroline Bowler, CEO of BTC Markets, notes that the recent rise indicates a mature interest in digital assets, supported by institutional investment and clearer regulations. The market cap for Bitcoin has reached $2.17 trillion, with increasing interest from Australian investors seeking compliant ways to engage with cryptocurrencies.

Despite this positive momentum, experts caution that Bitcoin remains a speculative asset, carrying risks for investors.

The cryptocurrency’s rise also reflects a more favourable macroeconomic landscape, partly due to easing US-China trade tensions. As Bitcoin surges, it’s important for potential investors to proceed carefully.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Money

Stocks rally ahead of Thanksgiving as markets log four days of gains

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.

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Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.


Markets are moving into the Thanksgiving break with strong momentum, as stocks notch four straight days of gains. The Dow Jones Industrial Average jumped 388 points, while the S&P 500 added 0.9%, pushing both indexes toward their best week since June.

Oracle led major movers, rising more than 4% after Deutsche Bank reaffirmed its bullish outlook on the tech giant. Broad investor optimism continues building across sectors as economic data softens and earnings remain resilient.

All eyes are now on the Federal Reserve and what potential shifts in interest-rate policy may mean for the markets. U.S. markets will close Thursday for the Thanksgiving holiday and reopen Friday for a shortened trading session.

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#Markets #Stocks #Thanksgiving #DowJones #SP500 #Oracle #FederalReserve #FinanceNews


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Dow surges 500 points amid rate cut optimism

Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

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Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

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In Short:
– Dow Jones rose 569 points, reflecting optimism for a Federal Reserve interest rate cut.
– Alphabet’s stock increased as Meta may invest in AI chips, but Nvidia’s declined amid market concerns.
The Dow Jones Industrial Average increased by 569 points or 1.2% on Tuesday, reflecting investor optimism for an upcoming Federal Reserve interest rate cut. The S&P 500 and Nasdaq Composite also posted gains, up 0.8% and 0.4% respectively. This represented a recovery from earlier losses, where the S&P 500 briefly fell by 0.7%.Banner

Markets anticipate an 85% chance of a quarter-point rate cut in December, driven by comments from New York Fed President John Williams, who indicated the possibility of lower rates soon. Investor sentiment strengthened following reports that Kevin Hassett may be appointed as the next Fed chair, potentially resulting in a more lenient monetary policy.

Tech Sector

Alphabet saw its stock rise by over 1% after reports indicated that Meta Platforms might invest in its AI chips. This could signal increased demand for AI technology, benefiting the sector overall. However, Nvidia’s stock fell more than 3%, suggesting concerns about its dominance in the AI chip market.

Investors are also wary of the valuation of tech stocks. Despite recent gains, the S&P 500 and Nasdaq remain down over 1% and 3%, respectively, for November, while the Dow has lost more than 1% this month. The broader market’s performance indicates ongoing scrutiny regarding tech valuations amid changing economic expectations.


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Gold prices surge as Central Banks buy big, but risks grow ahead

Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.

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Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.


Gold prices are climbing fast as central banks ramp up buying, pushing demand to its highest levels in years. The metal’s reputation as a safe haven is strengthening, especially amid rising geopolitical tensions and global financial uncertainty.

But experts warn the shine could fade. A stronger US dollar and the possibility of rising interest rates may weigh on momentum, making investors question how long the rally can last.

Dr Steven Enticott from CIA Tax breaks down the drivers behind gold’s surge—from ETF inflows to physical bar demand—and what could send the price sharply higher… or lower.

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#gold #markets #centralbanks #economy #finance #investing #interestRates #usdollar


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