Author: Fernanda T
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Crypto this Monday: Standard Chartered Tests e-CNY, Cosmos to Launch AtomOne Fork, and More
Richard Teng takes over Binance with expansion plans Following Changpeng Zhao’s departure, former Binance director Richard Teng, now CEO, announced his plan to expand the cryptocurrency exchange. In a November 27 post, Teng revealed he has the support of Binance’s leadership and CZ, who stepped down following an agreement with U.S. authorities. He will focus…
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Monday’s Wall Street Highlights: Walmart, Disney, Lloyds Banking, Mitsui Financial, HSBC, and more
U.S. index futures show a slight decline in Monday’s pre-market. This scenario is a response to the recent increase in U.S. interest rates, the drop in oil prices, and unfavorable economic indicators from China influencing market movements. As of 05:59 AM, Dow Jones futures (DOWI:DJI) fell 28 points, or 0.08%. S&P 500 futures declined by…
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Crypto this Friday: Cryptocurrencies Reach New Highs, Kwon’s Extradition Approved, and More
Recovery and new records in the cryptocurrency market The cryptocurrency market showed a remarkable recovery on Friday. Bitcoin (COIN:BTCUSD) reached $38,253.20 at the time of publication, with a 7-day increase of 5.83%. Ether (COIN:ETHUSD) also exceeded expectations, crossing the $2,000 mark, up 3%, at $2,123.12, with a weekly gain of 8.20%. Meanwhile, Solana (COIN:SOLUSD) rose…
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Friday’s Wall Street Highlights: Barclays, Macy’s, Alibaba, Novo Nordisk, and more
In Friday’s pre-market, U.S. index futures are seeing a slight increase, marked by a shorter than usual trading session. Investors are paying special attention to economic activity indicators set to be announced late in the morning. U.S. market operations will conclude earlier, at 1:00 PM. As of 5:25 AM (Brasília time), the yield on 10-year…
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Crypto this Thursday: Binance Billion-Dollar Settlement, HTX & Heco Chain Hacked, Plus Latest Updates
Penalties and changes in leadership at Binance after accusations Binance, a global leader in cryptocurrencies, faced serious accusations, resulting in a $4.3 billion settlement, one of the largest fines imposed in the US on a company. Its founder, Changpeng Zhao, admitted guilt, paying $50 million and resigning as CEO, being replaced by Richard Teng. The…
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Wednesday’s Wall Street Highlights: Nvidia, Broadcom, Berkshire Hathaway, Guess, Virgin Galactic, and more
In the pre-market on Wednesday, U.S. index futures show a positive trend. Investors are anticipating the quarterly earnings of Deere & Co (NYSE:DE), while analyzing the recent results of Nvidia (NASDAQ:NVDA) and the minutes from the last FOMC meeting, released the day before. At 06:04 AM, Dow Jones futures (DOWI:DJI) rose 49 points, or 0.14%.…
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Crypto this Tuesday: Circle Sets New USDC Standard, Binance and DOJ Near Billion-Dollar Settlement, and More
Binance and US DOJ negotiate billion-dollar deal in investigation The US Department of Justice is close to reaching a settlement of over $4 billion with Binance Holdings Ltd., amid a major investigation of the cryptocurrency exchange for money laundering, bank fraud, and sanctions breaches. Binance’s founder, Changpeng Zhao, faces the possibility of criminal charges in…
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Tuesday’s Wall Street Highlights: Paramount Global, Nvidia, Zoom, Symbotic, Baidu, and more
U.S. index futures are down this Tuesday during the pre-market period, reflecting investor caution. They eagerly await the release of quarterly results from major U.S. companies, as well as the publication of the minutes from the most recent meeting of the Federal Open Market Committee (FOMC), scheduled for 2 PM. At 6:05 AM, Dow Jones…
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Crypto this Monday: Bullish Acquires CoinDesk, Santander Launches Swiss Crypto Services, and More
Javier Milei, bitcoin supporter, wins presidential election in Argentina Javier Milei was elected president of Argentina after Sergio Massa admitted defeat on Sunday night, with Milei securing 56% of the votes. Milei’s victory, known for criticizing the central bank and supporting bitcoin, influenced the cryptocurrency market, raising bitcoin (COIN:BTCUSD) by 2%, to $37,150. Milei advocates…
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Monday’s Wall Street Highlights: GM, Microsoft, Citigroup, Amazon, and more
U.S. index futures show remarkable stability in Monday’s pre-market trading, anticipating a shortened week due to the Thanksgiving holiday. This scenario comes after a three-week recovery streak. Investors are closely watching the nuances of the American interest rate curve, eagerly awaiting tomorrow’s release of the minutes from the last Federal Open Market Committee (FOMC) meeting.…