Crypto Security Debate Goes to Court

WASHINGTON — Investors are asking the courts to decide an existential question for the cryptocurrency industry: whether digital tokens are, for legal purposes, more similar to stocks or to gold. Attorneys for cryptocurrency-trading platform Coinbase Global Inc. COIN 4.02% filed a motion this month to dismiss a class-action lawsuit arguing that 79 of the tokens … Read more

Is Nvidia’s gaming forecast the ‘cut’ that Wall Street has been looking for?

Nvidia Corp. investors may have received the all-clear signal they have been waiting for to start buying the stock again, but some on Wall Street were wondering if the signal was a clear one Thursday. Nvidia NVDA, + 5.16% shares have been ripped in half from their all-time high of $ 333.76 in roughly the … Read more

Howard Marks explains how to avoid crashes by learning to recognize signs of bull-market excess

Oaktree Capital founder Howard Marks is a boldfaced name on Wall Street, equally well known for his firm’s performance as for his lengthy investor letters that he periodically publishes free online to reach the widest possible audience. As stocks plunged earlier this month, Marks – who built one of the most successful distressed-debt funds in … Read more

Ethereum could ‘take over everything’, and there won’t be a multi-chain future, says EY’s blockchain leader

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far. Find me on Twitter at @FrancesYue_ to send feedback, or tell us what you think we … Read more

Stocks Climb Ahead of Tech Earnings

US stocks rose Thursday, putting the Dow Jones Industrial Average on course for a fifth consecutive day higher, as shares of companies from technology to financials to the consumer sectors advanced. The blue chips added 1.6%, or about 660 points, while the S&P 500 gained 1.9%. The tech-heavy Nasdaq Composite climbed 2.6%, helped by gains … Read more

This eclipse-like event is why bitcoin could reach $ 100,000 by next year, says forecaster with a solid record on the crypto

Stocks are settling in for more choppy action, as investors continue to consider the Federal Reserve minutes and after Nvidia dropped a warning late Wednesday. But we’re switching away from Wall Street’s tug of war to focus on cryptocurrencies, and a call from the president of macroeconomic research firm Lamoureux & Co., Yves Lamoureux, who … Read more

Dow books 4th day of gains, stocks rally after Fed minutes signal flexibility on interest rate hikes

Stocks closed higher Wednesday as investors took away a message of flexibility from the release of minutes of the early May Federal Reserve meeting about its path to higher interest rates. How did stocks trade? The Dow Jones Industrial Average DJIA rose 191.66 points, or 0.6%, ending at 32,120.28. The S&P 500 SPX gained 37.25 … Read more

Why Did the Stock Market Gain Today? Minutes Show the Fed Isn’t Getting More Aggressive.

Text size The S&P 500 is down more than 16% this year. SNEEZE The stock market jumped higher Wednesday after the Federal Reserve’s minutes revealed that the central bank is sticking to its commitment to lift short-term interest rates, but that is not getting any more aggressive on tightening monetary policy. The Dow Jones Industrial … Read more

Stocks Close Higher After Fed Minutes Signal Commitment To Raising Rates

US stocks rose Wednesday after several retailers offered investors some optimism for this year’s sales and the release of minutes from the Federal Reserve’s most recent policy meeting signaled few changes in the central bank’s plan to fight inflation. After briefly opening lower, stock indices turned green in early trading. The benchmarks moved higher after … Read more