Author: Fernanda T
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NEAR Achieves New Milestones, TIA Faces Market Volatility, Block Unveils Advanced Mining Chips
Near Protocol achieves significant milestones Recently, the NEAR Protocol (COIN:NEARUSD) celebrated two major milestones: processing 450 million transactions and reaching 12.3 million unique addresses, reflecting its growing popularity. The NEAR token is currently up 2.21%, trading at $4.63, after hitting an intraday high of $4.74. In June, the platform demonstrated exceptional efficiency with a 99.7%…
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U.S. Index Futures Climb; Oil Prices Recover
U.S. index futures are up in pre-market trading this Wednesday. At 6:08 AM, Dow Jones (DOWI:DJI) futures rose 6 points, or 0.02%. S&P 500 futures advanced 0.14%, and Nasdaq-100 futures gained 0.25%. The yield on the 10-year Treasury note stood at 4.279%. In the commodities market, oil prices rose, recovering from three consecutive days of…
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Microsoft and Apple Exit OpenAI Board, TSMC Exceeds Forecasts with Record Revenue, and Other Key Updates
OpenAI, Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL) – Microsoft has given up its observer seat on OpenAI’s board, which has attracted regulatory attention in Europe and the US, following improvements in the AI startup’s governance over the past eight months. Apple, which recently integrated OpenAI’s ChatGPT into its devices, also opted not to take on the observer…
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Bitcoin Revisits $58K, ASX Greenlights Second Bitcoin ETF, Worldcoin Debuts Developer Preview
Recent Bitcoin movements On Tuesday, Bitcoin (COIN:BTCUSD) revisited the $58,000 mark, reaching a daily high of $58,122, driven by significant BTC transfers by the German government. In testimony before the Senate, U.S. Federal Reserve Chairman Jerome Powell indicated an increased likelihood of a rate cut in September, stating that inflation is not the only economic…
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U.S. Stock Futures Rise Amid Focus on Fed Chairman Powell’s Speech, Oil Prices Fall
U.S. index futures are up in pre-market trading this Tuesday, with investors looking to sustain the all-time highs of the S&P 500 and Nasdaq. Attention is focused on the speech by Federal Reserve Chairman Jerome Powell. At 6:17 AM, Dow Jones futures (DOWI:DJI) rose 55 points, or 0.14%. S&P 500 futures advanced 0.23%, and Nasdaq-100…
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BP Slashes Profit Forecast by $700 Million; Morgan Stanley Predicts S&P 500 10% Drop, and More News
BP plc (NYSE:BP) – BP expects weak margins in its refining business to impact its second-quarter profits by up to $700 million. The decline in refining margins, due to excess renewable diesel in the US, is the main cause. Shares fell 3.5% in pre-market trading. Morgan Stanley (NYSE:MS) – Mike Wilson, Chief Investment Officer at…
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German Government Sells More BTC, Celo Launches Layer 2 Dango Testnet, Binance Delists Four Altcoins
Massive Bitcoin sale by German government triggers volatility in cryptocurrency market The German government transferred over $900 million in Bitcoin (COIN:BTCUSD), causing an immediate drop in the cryptocurrency’s price. According to Arkham Intelligence data, around 16,309 BTC were moved to exchanges like Bitstamp, Kraken, and Coinbase. After these transactions, Bitcoin’s price fell to a 24-hour…
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U.S. Index Futures Steady as Key Inflation Data and Earnings Reports Loom
U.S. index futures showed little movement in pre-market trading on Monday, in a week that promises to be busy with the release of inflation data and financial results from major companies in the financial and consumer sectors. At 6:12 AM, Dow Jones futures (DOWI:DJI) rose 4 points, or 0.01%. S&P 500 futures fell 0.03%, and…
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Paramount-Skydance $28B Merger, Boeing Agrees to Plead Guilty with $243.6M Fine, and More News
Paramount Global (NASDAQ:PARA) – Skydance Media and Paramount Global announced a merger, with Skydance acquiring National Amusements for $2.4 billion before merging with Paramount. This union will create a company valued at $28 billion, offering $4.5 billion to shareholders and adding $1.5 billion to Paramount’s balance sheet. The deal improves offers to the Redstone family…
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Crypto Market Sentiment Dives, PancakeSwap Launches zkSync Reward
Impact of Mt. Gox transfers on Bitcoin and cryptocurrency markets The recent transfer of BTC by Mt. Gox, a significant amount intended for creditor reimbursement, has coincided with a drop in Bitcoin (COIN:BTCUSD) prices, reaching its lowest level since the end of February. Following the transfer, Bitcoin’s price fell to $53,499.90, rebounding to a 1%…