Tag: FX

Share to FacebookShare to TwitterShare to LinkedinTopline Frontier Airlines’ parent company, Frontier Group Holdings, agreed to buy Spirit Airlines in a multibillion-dollar deal, the companies announced Monday morning, forming the fifth-largest airline in the United States following the merger of the two low-cost airlines. Frontier Airlines A320 at Cleveland Hopkins International Airport getty Key Facts…

The news will undoubtedly delight fans and enthusiasts of cryptocurrencies.  January’s cryptocurrency market rout didn’t prompt billionaire Ray Dalio to sell his bitcoins, despite his reservations about digital currencies. The founder and co-chief investor of Bridgewater Associates, the world’s largest hedge fund with about $150 billion in assets under management, confirmed, in a recent episode of…

Share to FacebookShare to TwitterShare to LinkedinTopline  Bitcoin rose to its highest levels in two weeks Saturday, trading above $41,000 after swooning as low as $33,505 on January 24. A Bitcoin coin lies on a screen showing the Bitcoin – US dollar exchange rate. (Photo by Fernando … [+] Gutierrez-Juarez/picture alliance via Getty Images) dpa/picture…

They did not wait long to celebrate, and especially to remind naysayers that their faith in cryptocurrencies is justified. The tremors of a bitcoin rebound have given voice to aficionados of the king of cryptocurrencies. They were quick to storm social media to express their joy and challenge skeptics. Bitcoin crossed the symbolic threshold of…

Capitulation refers to a panicked selloff period—either in a particular stock, an industry, or the market at large.  Stubaileyphoto via Pixabay; Canva ContentsWhat Is Capitulation in Simple Terms? What Is Market Capitulation?What Causes Capitulation?How to Spot Capitulation in a Stock How Long Does Capitulation Usually Last?What Is Capitulation in Simple Terms? Traditionally, capitulate means “surrender.” When…

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Share to FacebookShare to TwitterShare to LinkedinTopline In its third funding round in six months, FTX Trading, one of the world’s busiest cryptocurrency exchanges, has raised another $400 million in new investments, the firm announced Monday morning, boosting its valuation to a staggering $32 billion despite a January selloff that’s wiped more than $500 billion…

THE CHANGING FORTUNES OF THE WORLD’S RICHEST The founders of Tesla, Oracle and Airbnb lost billions of dollars this week amid surging market volatility and continued pressure on tech stocks. D espite several days of declines, stock indices finished the week slightly higher, offsetting some of this month’s widespread losses. But the market’s troubles look…

Share to FacebookShare to TwitterShare to LinkedinBitcoin and cryptocurrency prices have crashed over the past week with around $1.4 trillion wiped from the combined crypto market—and sparking warnings of a new “crypto winter.” Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains The bitcoin…

Share to FacebookShare to TwitterShare to LinkedinTopline The prices of bitcoin and ether fell to six-month lows Monday morning, continuing a sell-off of major cryptocurrencies that has dashed more than $1 trillion in value from the market since November.  Bitcoin’s value was down on Monday. Getty Images Key Facts The price of bitcoin, which makes…