Author: Fernanda T

U.S. index futures show mixed results this Monday, with markets entering the last week of June and the first half of 2024 near highs. Investors are focused on the release of the Personal Consumption Expenditures (PCE) index on Friday, the Federal Reserve’s preferred inflation gauge for guiding interest rate decisions. At 6:31 AM, Dow Jones…

Standard Chartered launches Bitcoin and Ether trading desk Standard Chartered (LSE:STAN) is debuting a Bitcoin (COIN:BTCUSD) and Ether (COIN:ETHUSD) trading desk in London, marking a significant milestone as one of the first major banks to offer these services directly. This initiative caters to growing institutional demand and reflects the bank’s positive outlook on cryptocurrencies. Complementing…

U.S. index futures are moderately lower in pre-market trading this Friday as Wall Street prepares for triple witching, a significant quarterly event. During this period, derivative contracts tied to stocks, index options, and futures all expire simultaneously, forcing traders to roll over their positions or open new ones. This can increase market volatility, with approximately…

Worldcoin token boosted by regulatory advances Worldcoin’s native token (COIN:WLDUSD) surged on Thursday, reaching an intraday high of $3.19 following significant regulatory victories across various jurisdictions. The proof-of-personhood project, which has faced controversy due to facial data collection, experienced a notable recovery after a more than 70% drop from its all-time high. Recent highlights include…

U.S. index futures rose in pre-market trading on Thursday following the Juneteenth holiday. As of 6:21 AM, Dow Jones futures (DOWI:DJI) were up 42 points, or 0.11%. S&P 500 futures advanced 0.41%, and Nasdaq-100 futures gained 0.63%. The 10-year Treasury yield stood at 4.254%. In the commodities market, West Texas Intermediate crude for July rose…

Ether rises after SEC closes investigation into Consensys The price of Ether (COIN:ETHUSD) rose by 1.7% at the time of writing after the SEC concluded its investigation into Consensys, the tech incubator behind the MetaMask wallet. The SEC informed that it would not recommend enforcement action against the company, according to letters sent on Tuesday.…

Cryptocurrency market fall on Tuesday The cryptocurrency market is suffering on Tuesday, reflecting concerns about the global economy and lower liquidity in the summer. Bitcoin (COIN:BTCUSD) fell below $65,000 for the first time since mid-May, hitting a low of $64,237, and was trading at $64,500 at the time of writing. Ether (COIN:ETHUSD) is down 3%…