Business - Page 71

Coinbase: A Roller Coaster Ride or an Investment Opportunity?

Coinbase: A Roller Coaster Ride or an Investment Opportunity?

Wall Street saw heightened volatility, impacting stocks like Coinbase amid inflation concerns and economic uncertainty. Coinbase’s stock tumbled 14%, despite a strong quarterly earnings report and a 373% increase in net income. The SEC dismissed its lawsuit against Coinbase, indicating a positive
2025-02-24
Market Jitters: Global Stocks Waver Amid Economic Uncertainty and Trade Tensions

Market Jitters: Global Stocks Waver Amid Economic Uncertainty and Trade Tensions

Global stock markets experienced volatility, with mixed performances in Asia and a significant downturn in the U.S. The Hang Seng index in Hong Kong slipped by 0.6%, while Shanghai’s market declined by 0.1%. Australia’s market showed slight optimism with nearly flat growth.
2025-02-24
The Crypto Rollercoaster: Bitcoin, Ethereum, and XRP Show Tumultuous Signs

The Crypto Rollercoaster: Bitcoin, Ethereum, and XRP Show Tumultuous Signs

Bitcoin shows volatility, oscillating between 94,000 and 100,000 USD, with potential for a correction towards 90,000 USD. The Relative Strength Index (RSI) suggests bearish momentum for Bitcoin, while the MACD indicator signals uncertainty. Ethereum experiences a near 6% rise, stabilizing around 2,754
2025-02-24
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