Author: Fernanda T
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Crypto This Tuesday: BlackRock Receives $100,000 for Bitcoin ETF, Robinhood’s Trading Volume Grows 75%, and More
Rise of bitcoin and prospects Bloomberg suggests that Bitcoin’s recent surpassing of the $42,000 mark signals the beginning of a possible “super cycle” that could push its value beyond $500,000. This phenomenon is interpreted as a harbinger of significant transformations in the global financial system. The expectation surrounding the approval of a Bitcoin investment fund…
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Moody’s Reassesses China, GitLab Exceeds Estimates, Twilio Plans Major Layoffs, and More
U.S. index futures are falling in the pre-market on Tuesday as investors eagerly await the first in a series of labor data. These numbers are likely to influence the atmosphere surrounding the Federal Reserve meeting scheduled for next week. At 05:20 AM, Dow Jones futures (DOWI:DJI) dropped 64 points, or 0.18%. S&P 500 futures declined…
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Crypto This Monday: Bitcoin Surpasses 41K, Mantle Innovates with Ethereum Staking Protocol, and More
Investments in crypto assets reach new highs Asset managers such as CoinShares, Bitwise, Grayscale, ProShares, and 21Shares have reported an influx of $176 million in crypto assets in the last week, marking a total of $1.76 billion in 10 weeks. This period of inflows is the most significant since the launch of bitcoin futures-based ETFs…
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Alaska Air Acquires Hawaiian Holdings, Spotify Cuts 1,500 Jobs, Uber’s S&P 500 Entry, and More
U.S. index futures are down in Monday’s pre-market trading, reversing some of last week’s gains. This comes amidst growing bets that the Federal Reserve will keep interest rates unchanged at the upcoming monetary policy meeting and initiate a decline next year. Despite efforts by Fed Chairman Jerome Powell to discourage expectations of rate cuts, stating…
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Crypto this Thursday: Robinhood Aims for British Market, MicroStrategy Expands Investment in BTC, and More
Divergent views: Bitfinex and Pereira analyze the impact of Fed policies and US GDP on Bitcoin’s future Analysts from Bitfinex and Bitget provide different perspectives on the future of Bitcoin (COIN:BTCUSD). While Bitfinex suggests that a pause in the Federal Reserve’s U.S. interest rate hikes at their December 13 meeting could attract more investments in…
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Pre-Market Surge for Snowflake, Salesforce, Nutanix; ASML’s New CEO; Occidental’s CrownRock Negotiations
U.S. index futures are up in Thursday’s pre-market, reflecting investor expectations regarding the announcement of October’s personal consumption expenditures and the forecasted data for the weekly unemployment insurance claims. As of 6:09 AM, the Dow Jones futures (DOWI:DJI) rose by 168 points, or 0.47%. The S&P 500 futures advanced 0.19%, and the Nasdaq-100 futures increased…
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Crypto this Wednesday: Jack Dorsey’s Investment in Pool Ocean, Billionaire Legal Battle with Cristiano Ronaldo, and More
Bitcoin fluctuates near $38,000; expert analysis and forecasts by Fernando Pereira Bitcoin experienced a slight drop, retreating from its $38,000 mark on November 29 amid market uncertainty. Analysts like Keith Alan highlighted the potential for manipulation by major market operators. Concurrently, the financial community is turning its attention to the upcoming speech by Jerome Powell,…
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Amazon Unveils Innovative Services, Okta Discloses Data Breach, Textron Plans 2% Global Workforce Reduction, and More
U.S. index futures are trending upwards in Wednesday’s pre-market, with investors awaiting the release of the second estimate of the Gross Domestic Product (GDP) and the Beige Book in the United States to calibrate bets on monetary policy direction. As of 05:52 AM, Dow Jones futures (DOWI:DJI) rose by 105 points, or 0.30%. S&P 500…
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Crypto This Tuesday: Binance Delists Tornado Cash, Animoca Becomes Top TON Validator, and More
Volatile expectations with the approval of the Bitcoin ETF in the US Joshua Lim from Genesis Trading warns of potential volatility in the price of Bitcoin (COIN:BTCUSD) in 2024, coinciding with the possible approval of a Bitcoin exchange-traded fund (ETF) in the US. He notes that traders are already positioning themselves for this event, which…
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Tuesday’s Wall Street Highlights: Zscaler, Shein, 3M, Meta Platforms, and More
In the pre-market on Tuesday, U.S. index futures show uncertain movement, reflecting traders’ caution after significant gains achieved throughout November, which is nearing its close. As of 05:21 AM, Dow Jones futures (DOWI:DJI) rose 15 points, or 0.04%. S&P 500 futures fell 0.05% and Nasdaq-100 futures dropped 0.13%. The yield on 10-year Treasury bonds was…