MARKETS

Bitcoin will hit 0K before K ‘bear market’ next cycle — Forecast

Bitcoin will hit $200K before $70K ‘bear market’ next cycle — Forecast

Bitcoin (BTC) has “well-formed” evidence, which suggests that its next all-time high will top out at $200,000, one analyst says. In a tweet on Jan. 27, popular Twitter commentator Trader Tardigrade, also known as Alan, also revealed $70,000 as the next potential bear market bottom. Stochastic indicator offers Bitcoin bulls historical firepower For many, BTC …

Bitcoin will hit $200K before $70K ‘bear market’ next cycle — Forecast Read More »

Further market rally likened to ‘bathing in lava’ for bears, BofA says

Further market rally likened to ‘bathing in lava’ for bears, BofA says

Investors betting against the stock market have taken their lumps in 2023 and could be in for more trouble ahead, according to Bank of America. The S&P 500 has risen about 5.5% in just the first four weeks of the new year as investors have grown more confident that Federal Reserve efforts to slow the …

Further market rally likened to ‘bathing in lava’ for bears, BofA says Read More »

Lumber Prices Soar 13% As the Housing Market Shows Signs of a Rebound

Lumber Prices Soar 13% As the Housing Market Shows Signs of a Rebound

Lumber futures soared 13% on Friday as the housing market finally shows some signs of life. Pending home sales unexpectedly jumped 2.5% in December, its largest growth since October 2021. The average 30-year mortgage rate has steadily trended lower to 6% from a peak of 7% last year. Loading Something is loading. Thanks for signing …

Lumber Prices Soar 13% As the Housing Market Shows Signs of a Rebound Read More »

A Recession + ‘Market Mayhem’ Could Come if US Defaults on Debt, Says Goldman Sachs

A Recession + ‘Market Mayhem’ Could Come if US Defaults on Debt, Says Goldman Sachs

seamartini/Getty Images/iStockphoto The fate of America’s financial future is at stake now that the country reached its $31.4 trillion debt ceiling limit as of Jan. 19. And unless Congress acts to raise the debt ceiling by June 5 to avoid total default, the outlook will not be good, according to many financial experts. See: 2023’s …

A Recession + ‘Market Mayhem’ Could Come if US Defaults on Debt, Says Goldman Sachs Read More »

AB-Biotics targets food and beverage market with microbiome solutions

AB-Biotics targets food and beverage market with microbiome solutions

Future Market Insights predicts that fermented food and beverage products will see a CAGR of 5.6% in the decade to 2032. Meanwhile, Spherical Insights forecasts the market for functional foods – including pre-, pro- and postbiotics – will expand by 4.52% through to 2030. This demand represents a ‘significant growth opportunity’, according to AB-Biotics, Kaneka’s …

AB-Biotics targets food and beverage market with microbiome solutions Read More »