US equity markets remain on edge amid weaker-than-expected economic data compounded by uncertainty over the Federal Reserve's next course of action. Equities turned south on Monday as softer US ISM data raised concerns about the US economy's health. The Institute for Supply Management said the non-manufacturing PMI fell to...
The US is inching a step closer to a clear cryptocurrency regulatory framework.  Republican lawmakers have released a draft bill that promises to address any grey areas in relation to trading and handling of digital assets. For starters, the bill provides a framework for digital assets trading in conventional...
Bitcoin price tumbled by nearly 3% as the markets reacted to Binance pausing withdrawals for a second time. The pause came as the cryptocurrency exchange suffered unprecedented congestion. The congestion came as the number of transactions in the exchange hit a record high. Binance Congestion Reports indicate that the congestion occurred...
U.S. stock markets could be in for a major bounce back as earnings reports come in better than expected. Microsoft and Alphabet's earnings reports are the latest to offer support to the major US indices after beating analysts' expectations. In addition, U.S. stock futures were up on Wednesday morning...
Cryptocurrencies are yet again feeling the pinch amid heightened regulatory pressure. While the US has been spearheading the drive, in response to the collapse of the FTX exchange late last year, it has an ally up north. Canada has started imposing stricter rules on crypto companies as part of...
The US stock market is in for a major correction. That’s the stance maintained by the head of equity strategy at Wells Fargo & Co, Chris Harvey. The remarks come on US equities remaining resilient for the better part of the year at the back of a string of...
Regulatory pressure is the latest hurdle threatening to trigger renewed cryptocurrency sell-off. After a solid start to the new year, cryptocurrencies are yet again under pressure as the upward momentum fades. Bitcoin has hit strong resistance at the $28,700 level as it struggles to power through the $30,000 psychological...
Cryptocurrencies' stellar start to the new year shows no signs of slowing down. The sector bottomed out after a deep correction last year. Bitcoin is leading the move higher, going by the 70% gains year to date, outperforming the S&P 500 by 60 percentage points. According to Skybridge Capital...
Bitcoin (BTC) climbed sharply above the $29,000 a coin barrier as investors continue to shrug off regulatory crackdowns in the U.S. and Canada. However, regulatory crackdowns on industry giants have heightened in recent weeks, raising concerns over whether it will affect demand for risk in the crypto markets. Crypto...
The global eSports market is growing fast and it is expected to hit $3.047 trillion by 2025 and Canadian eSports Stocks are positioning themselves to reap from this great opportunity. During the pandemic, the eSports was one of the sectors that were not affected much and it saw a...