News with the tag "DOW"

This week’s market action seems to suggest that even a 10x increase in tariff rates won’t derail the US economy

In a trading session that offered a tale of two markets, major US stock market indices closed with divergent results, leaving investors pondering the underlying dynamics. While tech-heavy growth stocks powered the Nasdaq and S&P 500 higher, traditional industrial giants lagged, pulling the Dow Jones...

Could we stop using BTC to amplify our short-term risks — and start using it to hedge our long-term ones?

This is a segment from the Blockworks Daily newsletter. To read full editions, subscribe . “The counterfeit of business is speculation. A man in business always gives value in return for his revenue, and thus performs a useful function.” — Andrew Carnegie When asked about the competitive threat pose...

Treasury Secretary Scott Bessent said Tuesday that individual investors, who have been holding their positions amid the recent market drop, have faith in President Donald Trump’s trade levies. He also noted that individual investors held tight while institutional investors panicked due to tariffs. D...

This is a segment from the Blockworks Daily newsletter. To read full editions, subscribe . Have markets been obsessing over the wrong Minsky? After Liberation Day, we seemed to be headed for a “Minsky moment” in which global investors suddenly lose faith in the US dollar, triggering the kind of mark...

Bitcoin (BTC) has surged more than 10% over the past seven days and is currently trading in the low $90,000 range. Crypto analyst Titan of Crypto suggests that further gains may be on the horizon based on Fibonacci extension levels. Bitcoin May Climb To $135,000 In a post published on X today, Titan...

This is a segment from the Blockworks Daily newsletter. To read full editions, subscribe . “Capital runs as surely and instantly where it is most wanted, and where there is most to be made of it, as water runs to find its level.” — Walter Bagehot (1873) Q: What’s it cost to have dinner with the pres...

The XRP price has failed to shoot up dramatically in the wake of Ripple’s victory against the US Securities and Exchange Commission (SEC). After the SEC officially dropped its appeal against Ripple, many market participants expected a new all-time high. Instead, XRP climbed only by 13% as far as $2....

XRP has fallen below the $2 mark for the first time since early February, following the broader market breakdown that has pushed most cryptocurrencies lower. Despite the intense selling pressure, XRP has held up stronger than many other altcoins, avoiding the steep declines seen across the market. H...