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1. Adding $1.5 Trillion
Cryptocurrencies were peerless conduits of greed and fear in 2021, alternately minting and wiping out fortunes as they swung wildly while adding some $1.5 trillion in overall market value along the way.
2. Waning Bitcoin Dominance
Bitcoin, the world's largest cryptocurrency, began the year with a 70% share of the market. That has fallen to less than 40%, in part as Ether's popularity increased.
3. Pack Leader
The Bloomberg Galaxy Crypto Index's more than 160% climb this year far outstrips the jump in more conventional assets like commodities and global stocks, up 23% and 13% respectively. Of course, given the huge swings in crypto, the old adage of no pain, no gain also applies.
Source: Bloomberg
Cryptocurrencies were peerless conduits of greed and fear in 2021, alternately minting and wiping out fortunes as they swung wildly while adding some $1.5 trillion in overall market value along the way.
2. Waning Bitcoin Dominance
Bitcoin, the world's largest cryptocurrency, began the year with a 70% share of the market. That has fallen to less than 40%, in part as Ether's popularity increased.
3. Pack Leader
The Bloomberg Galaxy Crypto Index's more than 160% climb this year far outstrips the jump in more conventional assets like commodities and global stocks, up 23% and 13% respectively. Of course, given the huge swings in crypto, the old adage of no pain, no gain also applies.
Source: Bloomberg
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By Danilo
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock index futures nudged lower during morning trading Tuesday after the major averages started the week in the red as Covid omicron fears hit sentiment.
- Tesla CEO Elon Musk has sold another 934,091 shares of the electric vehicle maker worth $906.5 million, U.S. securities filings showed on Monday.
Market Snapshot
U.S. stock index futures nudged lower during morning trading Tuesday after the major averages started the week in the red as Covid omicron fears hit sentiment.
Futures contracts tied to the $Dow Jones Industrial Average (.DJI.US)$ lost 29 points after being positive earlier. $S&P 500 Index (.SPX.US)$ futures declined 0.23% and $NASDAQ 100 Index (.NDX.US)$ 100 futures were off 0.53%.
Market Temperature
Read more: Market Temperature (12/14)
Top News
Fedspeak cheat sheet: What Fed officials said before their December meeting
Federal Reserve officials' comments took a decidedly hawkish turn in the weeks following their early November policy meeting that launched the drawdown of central bank bond buying.
GameStop, AMC fall in blow to meme-stock investors
Data suggest that individual investors continued to buy the stocks amid last week's selloff after both companies reported news that hurt their share prices.
Analysis: Currency traders face volatile week with barrage of rate decisions
Currency traders are bracing for a busy week with the potential for big swings in the market as a host of central banks announce their latest policy decisions.
Omicron will slow oil demand recovery but not destroy it, IEA says
The new variant's emergence will allow the supply of oil to overtake the rate at which the world is consuming it, easing the supply tightness of recent months, the International Energy Agency said Tuesday.
Afterpay shareholders approve all-scrip takeover by Block Inc.
Afterpay Ltd. shareholders overwhelmingly voted in favor of the Australian buy-now-pay-later provider's acquisition by Block Inc. $Block (SQ.US)$
Harley-Davidson's EV division to go public via SPAC merger
The merger gives LiveWire, the motorcycle maker's electric-vehicle arm, an enterprise valuation of about $1.77 billion. $Harley-Davidson (HOG.US)$
JPMorgan in talks to pay $200 million fine over staffers' texts
The settlement would be the first to emerge from a regulatory sweep of how banks track employee communications. $JPMorgan (JPM.US)$
Read More
GameStop, AMC drag meme stock group to 7-month low
Vote Now | Why are you not searching for more affordable options?
Best performing S&P 500 stocks over the last 5, 10, 15, and 20 years
The S&P 500 companies by number of employees
Analyzing Dot Plot and understanding how the Fed forecasts
Musk thinks investors should pay less attention to his tweets
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
Hey, mooers! Here are things you need to know before the opening bell:
- U.S. stock index futures nudged lower during morning trading Tuesday after the major averages started the week in the red as Covid omicron fears hit sentiment.
- Tesla CEO Elon Musk has sold another 934,091 shares of the electric vehicle maker worth $906.5 million, U.S. securities filings showed on Monday.
Market Snapshot
U.S. stock index futures nudged lower during morning trading Tuesday after the major averages started the week in the red as Covid omicron fears hit sentiment.
Futures contracts tied to the $Dow Jones Industrial Average (.DJI.US)$ lost 29 points after being positive earlier. $S&P 500 Index (.SPX.US)$ futures declined 0.23% and $NASDAQ 100 Index (.NDX.US)$ 100 futures were off 0.53%.
Market Temperature
Read more: Market Temperature (12/14)
Top News
Fedspeak cheat sheet: What Fed officials said before their December meeting
Federal Reserve officials' comments took a decidedly hawkish turn in the weeks following their early November policy meeting that launched the drawdown of central bank bond buying.
GameStop, AMC fall in blow to meme-stock investors
Data suggest that individual investors continued to buy the stocks amid last week's selloff after both companies reported news that hurt their share prices.
Analysis: Currency traders face volatile week with barrage of rate decisions
Currency traders are bracing for a busy week with the potential for big swings in the market as a host of central banks announce their latest policy decisions.
Omicron will slow oil demand recovery but not destroy it, IEA says
The new variant's emergence will allow the supply of oil to overtake the rate at which the world is consuming it, easing the supply tightness of recent months, the International Energy Agency said Tuesday.
Afterpay shareholders approve all-scrip takeover by Block Inc.
Afterpay Ltd. shareholders overwhelmingly voted in favor of the Australian buy-now-pay-later provider's acquisition by Block Inc. $Block (SQ.US)$
Harley-Davidson's EV division to go public via SPAC merger
The merger gives LiveWire, the motorcycle maker's electric-vehicle arm, an enterprise valuation of about $1.77 billion. $Harley-Davidson (HOG.US)$
JPMorgan in talks to pay $200 million fine over staffers' texts
The settlement would be the first to emerge from a regulatory sweep of how banks track employee communications. $JPMorgan (JPM.US)$
Read More
GameStop, AMC drag meme stock group to 7-month low
Vote Now | Why are you not searching for more affordable options?
Best performing S&P 500 stocks over the last 5, 10, 15, and 20 years
The S&P 500 companies by number of employees
Analyzing Dot Plot and understanding how the Fed forecasts
Musk thinks investors should pay less attention to his tweets
Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
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$Tesla (TSLA.US)$ Buy at 950! The funds are not enough to enter all at once. Only buy 8! I wanted to buy at 909 but couldn't do it. 😔 It hurts.
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