Author: Fernanda T
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OKX Introduces X Layer for Scaling ETH, GBTC Holdings Halve Post-Launch, and More Crypto News
Bitcoin dropping to $62,000 doesn’t shake optimistic projections, while altcoins suffer significant losses Bitcoin (COIN:BTCUSD) retreated to just above $62,000, while Ether held just above $3,000 in the last 24 hours. LMAX Digital indicates that, by staying above $59,000, Bitcoin still has a promising outlook, with the potential to reach new historical peaks. However, several…
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U.S. Index Futures Signal Mixed Trading, Oil Prices Dip
U.S. index futures are mixed in pre-market trading this Tuesday, with the Dow Jones aiming to break a six-day losing streak. At 6:26 AM, the Dow Jones futures (DOWI:DJI) were up 65 points, or 0.17%. The S&P 500 futures fell -0.26%, and the Nasdaq-100 futures lost -0.39%. The 10-year Treasury yield was at 4.649%. In…
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Ericsson Soars with 66% Net Profit Growth; Live Nation Under Antitrust Scrutiny in US, and More News
Live Nation Entertainment (NYSE:LYV) – The U.S. Department of Justice plans to initiate an antitrust lawsuit against Live Nation next month, citing its control over the live event market. Its subsidiary Ticketmaster faced criticism for its management during Taylor Swift’s tour, fueling the investigation. Shares fell 6.8% in Tuesday’s pre-market trading. Ericsson (NASDAQ:ERIC) – Ericsson’s…
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Hong Kong Greenlights Bitcoin and Ether ETFs, Solana Rolls Out Key Upgrade, and More Crypto News
Hong Kong approves Bitcoin and Ether ETFs On Monday, Hong Kong regulators gave the green light for the launch of spot Bitcoin and Ether ETFs, asset managers announced, following the trend set by the US earlier this year. Approvals came from three fund managers, including ChinaAMC, which also plans to offer virtual asset management services,…
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U.S. Index Futures Surge after Dow Jones’ Worst Week, Oil Prices Dip
U.S. index futures are up in Monday’s pre-market trading, with Wall Street rebounding from the worst week of the year for the Dow Jones index and facing challenges from Iran’s recent missile and drone attack on Israel. At 06:33 AM, Dow Jones futures (DOWI:DJI) were up 99 points, or 0.26%. S&P 500 futures rose 0.43%,…
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Samsung Surpasses Apple in Q1 Smartphone Market; Salesforce in Talks to Acquire Informatica, and More News
Apple (NASDAQ:AAPL) – In the first quarter of 2024, Apple’s smartphone shipments fell by 10%, challenged by Android competitors. Samsung led with a 20.8% market share, reversing Apple’s position. Apple sold 50.1 million iPhones, down by 5.3 million from the previous year. Sales in China declined by 2.1%. Recently, the stock market reacted to the…
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Aptos Declines Ahead of Token Unlock, Hong Kong Nears Approval of Crypto ETFs, and More Updates
Cryptocurrency Aptos’ performance declines ahead of major token release The layer-1 blockchain cryptocurrency Aptos (COIN:APTUSD) underperformed the general cryptocurrency market this week, falling nearly 20% ahead of a significant token unlocking event. Scheduled for April 12, the event will release 24.84 million APT tokens that were previously locked, representing about 6% of the circulating supply…
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U.S. Index Futures Indecisive Ahead of Banking Earnings, Oil Prices Surge
U.S. index futures show no clear direction in pre-market trading this Friday as investors eagerly await the financial results of major banking corporations. At 6:18 AM, Dow Jones futures (DOWI:DJI) rose 21 points, or 0.05%. S&P 500 futures fell 0.16%, and Nasdaq-100 futures lost 0.35%. The yield on 10-year Treasury bonds stood at 4.54%. In…
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Paramount Global Board Shrinks, Morgan Stanley Faces Regulatory Probe, and More News
Paramount Global (NASDAQ:PARA) – Some investors in Paramount Global are concerned about a potential merger with Skydance Media and are calling for a fair approach. Skydance, known for hits such as “Top Gun: Maverick,” is in exclusive talks. Four board members of Paramount Global have announced they will resign amid reports of merger talks with…
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Coinbase to Launch PEPE Futures, Uniswap Grapples with SEC, and Latest Crypto News
Bitcoin holds price above $70,000 despite US inflation instability Bitcoin (COIN:BTCUSD) records a modest decrease of 0.43% at the time of writing, yet remains resilient above the $70,000 mark amid volatility triggered by a US inflation report for March that exceeded expectations. Despite the initial market reaction, the cryptocurrency displayed stability compared to other assets,…