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The spring home-selling season is shaping up to be challenging for major homebuilders, largely because of the possibility of a trade war and high mortgage rates. Over the past few years, homebuilders have rushed to build new houses to help alleviate the shortage in the resale market, as high borrowing costs discouraged homeowners from selling….

Bitcoin maximalist and JAN3 boss Samson Mow calls for the Ethereum chain to be rolled back after North Korean hackers have exploited the Bybit exchange, stealing a whopping $1.4 billion worth of Ethereum. Also, Bitcoin maxis seem to be trolling Ethereum’s leader Vitalik Buterin as they are spreading an identical tweet about “discussing the best…

By Davide Barbuscia NEW YORK (Reuters) – A potential slowdown of the Federal Reserve’s balance sheet drawdown and Treasury Secretary Scott Bessent’s assurance against imminent long-term debt hikes could offer relief in the near term to bond market jitters as fiscal concerns linger. Fed minutes from the January 28-29 rate-setting meeting released this week showed…

Once more Bitcoin is advancing toward $100,000, a significant psychological milestone. BTC has maintained bullish momentum following a period of consolidation, and it is presently testing resistance levels that may lead to a new all-time high. Investors are closely watching three key price levels that could determine Bitcoin’s next significant move as market sentiment improves…

Photo: Spencer Platt (Getty Images) U.S. stocks plummeted on Friday on poor economic news. Consumer confidence weakened to the lowest level since November 2023, even as long-run inflation expectations rose to the highest since 1995. The services purchasing managers’ index fell into contractionary territory and January home sales contracted bymore than expected. The Dow Jones…

One of the main topics of the cryptocurrency market for over a year already are exchange-traded funds. First it was leading cryptocurrency Bitcoin (BTC), then major alternative asset Ethereum (ETH), and now after their approval the focus shifted to other assets. Popular ones first of all. It’s no secret that the likes of Dogecoin (DOGE), Litecoin (LTC),…

By Jiaxing Li HONG KONG (Reuters) – Chinese tech stocks listed in Hong Kong advanced on Friday for their best weekly winning streak since 2020, as earnings surprises and optimism about the artificial intelligence sector drew global investors rotating funds into the sector. The Hang Seng Tech Index closed up 6.5%, its best single-day gain…

The SEC will have to announce its decision regarding an XRP ETF by Oct. 18 Source link

(Bloomberg) — Startup Together AI, which provides users access to artificial intelligence computing, has raised $305 million from investors in deal led by General Catalyst, bringing the valuation of the company to $3.3 billion — a signal that corporate demand for AI is still strong. Most Read from Bloomberg Saudi Arabia’s Prosperity7 Ventures co-led the…

Bitcoin is inching closer to reclaiming the much-coveted $100,000 level, currency trading at $98,407, according to CoinGecko data.  Earlier this Thursday, Bitcoin reached an intraday high of $98,504 after a 2.5% price increase.  The flagship cryptocurrency is now nearing key horizontal resistance.  Over the past two weeks, the bulls have repeatedly tried and failed to…