Author: Fernanda T

U.S. index futures show mixed behavior in pre-market trading this Tuesday, following a day of gains on Wall Street. Investors are adjusting their positions in response to expectations of forthcoming economic data releases. As of 6:31 AM, Dow Jones futures (DOWI:DJI) dropped by 5 points, or 0.01%. S&P 500 futures advanced by 0.07%, and Nasdaq-100…

Crypto ETP outflows hit $600 million after Fed’s aggressive stance The Federal Reserve’s aggressive stance caused the worst week for outflows from crypto ETPs since March, totaling $600 million. The reduction in rate cut forecasts for 2024 affected institutional investor confidence. Bitcoin ETFs experienced outflows of $621 million, while Ethereum, XRP, and Lido ETPs saw…

U.S. index futures are mixed in the pre-market this Monday, in a shortened week due to the Juneteenth holiday, which will keep markets closed on Wednesday. At 6:20 AM, Dow Jones futures (DOWI:DJI) fell 126 points, or 0.33%. S&P 500 futures declined 0.16%, and Nasdaq-100 futures gained 0.09%. The 10-year Treasury yield stood at 4.236%.…

U.S. index futures fell in pre-market trading this Friday, following the record closes of the S&P 500 and Nasdaq, driven by the recovery in the technology sector. Treasury yields are down, reflecting expectations that the Federal Reserve might cut interest rates later this year, in response to signs of disinflation. At 6:38 AM, Dow Jones…

Founder of Curve Finance faces liquidation after CRV token drop Michael Egorov, the founder of Curve Finance (COIN:CRVUSD), faced liquidation after the CRV token hit an all-time low of $0.22. Approximately 100 million CRV were liquidated, totaling $27 million, but Egorov still holds 39.35 million CRV securely. This situation triggered widespread liquidations, causing concern among…