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Bitcoin price prediction: Glassnode sees bottoming signs despite surging ETF outflows

Bitcoin price prediction: Glassnode sees bottoming signs despite surging ETF outflows

Bitcoin price rose for the second consecutive day despite the rising ETF outflows and the fear that Strategy (formerly MicroStrategy) will dump some of its holdings. BTC jumped to $60,870, up modestly from the year-to-date

Business
Top 5 FTSE 100 shares to watch in July: IAG, Lloyds, Rolls-Royce, Sage, NatWest

Top 5 FTSE 100 shares to watch in July: IAG, Lloyds, Rolls-Royce, Sage, NatWest

The FTSE 100 Index remained in a tight range in June as investors focused on the UK’s political situation, Bank of England (BoE) action, and the US and Iran situation. It rose to 10,500 points,

Business
Top DAX Index stocks for July: Volkswagen, Rheinmetall, Deutsche Bank, Zalando

Top DAX Index stocks for July: Volkswagen, Rheinmetall, Deutsche Bank, Zalando

The DAX Index has remained resilient in recent months and is gradually attempting to retest its all-time high of 25,510. It has climbed nearly 15% from its lowest level this year. This period of consolidation

Business
USD/JPY signal: forecast as the Japanese yen plunges to 162

USD/JPY signal: forecast as the Japanese yen plunges to 162

The Japanese yen continued its strong downward trend this week, reaching its lowest level in over 40 years. The USD/JPY crossed the crucial resistance of 162, bringing its 12-month gains to 12.3%. BoJ prepares response to

Business
BP, Shell, Chevron shares on edge as Morgan Stanley slashes oil forecast

BP, Shell, Chevron shares on edge as Morgan Stanley slashes oil forecast

Global energy stocks have pulled back in the past few days as crude oil and natural gas prices slumped, and this trend may continue after Morgan Stanley warned of a global glut. Shell share price

Business
Here’s why the MOEX Index and Russian ruble are falling

Here’s why the MOEX Index and Russian ruble are falling

Russian stocks and the ruble are in a strong downward spiral as pressures on the economy mount amid the ongoing attacks by Ukraine. The USD/RUB pair soared to 78.6860, its highest level since April 8,

Business
Rolls-Royce share price in focus as it eyes narrow-body engine entry

Rolls-Royce share price in focus as it eyes narrow-body engine entry

Rolls-Royce share price has wavered in the past few days as demand for UK stocks has waned. After soaring to a record high of 1,531p last week, it ended the week at 1,406p. Still, a

Business
Bitcoin price prediction as weekly spot ETF outflows soar to a record

Bitcoin price prediction as weekly spot ETF outflows soar to a record

Bitcoin price retreated below the important support of $60,000 as concerns about demand from American investors continued. BTC was trading at $59,930, lower from last month’s high of $82,803. So, will the retreat continue as

Business
Top 3 catalysts for the S&P 500 Index, VOO, and SPY ETFs

Top 3 catalysts for the S&P 500 Index, VOO, and SPY ETFs

The S&P 500 Index has come under pressure in the past few days, moving from the year-to-date high of $7,620 to the current $7,354. This retreat continued amid the rising jitters that the AI boom

Business
VOO stock: Here’s why the S&P 500 Index could be on the verge of a reversal

VOO stock: Here’s why the S&P 500 Index could be on the verge of a reversal

The Vanguard S&P 500 ETF (VOO) stock has pulled back in the past seven consecutive days and is hovering at its lowest level since June 11. There is a risk that the recent stock market