rally

The current crypto market crash has indeed made investors refrain from risky investments. Investors are extremely wary about speculative bets, and there are valid reasons behind this behavioral change. Several cryptocurrencies, which did not have real-world use cases or lacked backing from tangible assets, have fallen to the ground during this bearish market storm. On the contrary, real-world utility tokens like Chronoly.io have performed extremely well. Chronoly’s CRNO has registered a 560% return over the last…

The path goes only up after Ethereum surpasses the US$1.6K mark. Ethereum (ETH) is up over 40% in the past month, outperforming bitcoin (BTC) and other major cryptos. BTCS Inc. Chief Executive Officer Charles Allen says in an interview with Coindesk, “I think Ethereum could definitely be a silver lining here”. At the time of writing, Ethereum is running at US$1658.18 with an upward surge. Experts feel that this is the point from where Ethereum will only go up. The Ethereum team is preparing for the last stages…

Shiba Inu traders are in for a mega surprise with the recent price-performance! The most recent price performance of the famous Shiba Inu memecoin was quite a surprise for all traders on the market. SHIB token showed the lowest level of average daily volatility in the coin’s entire trading history. The main reason behind it could be tied to the relatively low volume of token burnings. According to the daily chart of the token, SHIB has been moving in one straight line for the last seven days. The price of…

Some investors and traders alike are even suggesting Shiba Inu is gearing up for a 100% increase in price at any time. More and more Ethereum investors are focusing on Shiba Inu and are buying up massive amounts of the dog-themed token as it’s recovering from its recent decline in price. Some investors and traders alike are even suggesting Shiba Inu is gearing up for a 100% increase in price at any time. We share this thesis for the time being, as Shiba Inu is very well positioned at the moment. One of the crypto…

CNBC's Jim Cramer on Monday said the most important data this week is the Bureau of Labor Statistics release of the July nonfarm payrolls report on Friday morning."If it shows some job growth with no wage inflation, then the fabulous July rally can stand. But if it shows booming hiring with exceptionally large wage increases, then some of this rally, if not much of it, is going to be repealed," the "Mad Money" host said. Job growth has been strong this year, leading economists to say the U.S. is not in a recession even…

Shiba Inu has become one of the most popular cryptocurrencies owned by Ethereum whales The Shiba Inu price has been struggling quite aggressively for the past several months. Shiba Inu like the rest of the cryptocurrencies have been heavily plummeting due to the various macroeconomic factors, increased regulatory breakdown, and the aggressive moves by the US Federal Reserve to reduce the impact of inflation. Shiba Inu is a meme coin and is highly volatile. These meme coins tend to make remarkable gains during bull…

Teamster Local 804 rally in Brooklyn, NY, July 28, 2022.Jack Stebbins | CNBCBROOKLYN, N.Y. – UPS workers rallied Thursday morning to demand that the company provide workers adequate relief during periods of extreme heat.Union leaders at the rally described UPS distribution centers "infernos" with limited air conditioning. The rally was inspired by the June death of 24-year-old Esteban Chavez, a UPS driver who collapsed while working a 90-degree day in Pasadena, California. The event concluded with a moment of silence for…

Analysts said the central bank's move met market expectations and they took heart in Powell's statements that implied the central bank could undertake smaller interest rate hikes later in 2022 after two straight super-sized increases. All three major US indices enjoyed solid gains, with the S&P 500 finishing…

CNBC's Jim Cramer on Monday told investors that the Federal Reserve's actions this week could lead to a bull market."If Jerome Powell says, 'we're getting a 75 basis point rate hike and then we'll see what happens' … then you might get a rip-snorting rally," the "Mad Money" host said."On the other hand, if he says we're doing the triple-rate hike and then we're willing to keep tightening no matter what, including a possible inter-meeting hike if the CPI stays hot, then we are definitely going lower," he added, referring…

CNBC's Jim Cramer on Tuesday told investors that Tuesday's market recovery could be the start of a longer rally."The charts, as interpreted by the legendary Larry Williams, suggest that Wall Street has finally thrown in the towel and some powerful seasonal patterns are finally on the side of the bulls. I wouldn't be surprised if he's right again, meaning perhaps the bottom really is in," the "Mad Money" host said.All the major averages closed up for the day on Tuesday as investors bet the market has reached a bottom after…