Author: Fernanda T
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Crypto This Monday: Cryptos In Decline, Binance Launches Copy Trading in Futures, and More
Cryptocurrencies fall with risk aversion but hold key positions On Monday, Bitcoin (COIN:BTCUSD) and other cryptocurrencies experienced declines due to risk aversion in global markets. Bitcoin dropped more than 1% in the last 24 hours, reaching around $27,632 after hitting $28,000 over the weekend. Despite the decline, Bitcoin remains above the $26,000 range and is…
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Monday’s Wall Street Highlights: Exxon Mobil, Bristol-Myers, Disney, Lockheed Martin, and more
US index futures are declining on Monday morning due to an unprecedented Hamas attack on Israel, raising global concerns. The value of oil increased, intensifying instability in markets already vulnerable due to inflation and high interest rates. At 7:06 am, Dow Jones futures (DOWI:DJI) fell 165 points, or 0.49%. S&P 500 futures were down 0.60% and Nasdaq-100…
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Crypto This Friday: Solana Improves Its Blockchain, MoonPay Launches In-App Crypto Exchange, and More
Bitcoin experiences volatility on US jobs data Bitcoin (COIN:BTCUSD) saw a quick test of the $27,000 mark when US employment data was released, resulting in a 2.1% drop in a single hourly candle. However, a subsequent rally took bulls back to the $27,800 range. The volatility was triggered by the unexpected rise in US nonfarm payrolls in September,…
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Crypto This Thursday: TVL on Solana Rises 40%, Marathon Digital Increases Monthly Production, and More
Shocking revelations in the Sam Bankman-Fried trial, and threat of confiscation of luxury jets In the trial of former CEO of defunct cryptocurrency exchange FTX, Sam Bankman-Fried, the prosecution plans to call two of the defendant’s close associates to testify. Among the witnesses are Adam Yedidia, a close friend of SBF and former employee of FTX…
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Thursday’s Wall Street Highlights: Orchard Therapeutics, Exxon Mobil, Alphabet, Ford, and more
US index futures are down in Thursday’s pre-market trading, with Wall Street struggling to sustain the positive momentum from the previous session, as investors await crucial labor market data. At 06:47 AM, Dow Jones futures (DOWI:DJI) were down by 78 points, or 0.23%. S&P 500 futures fell 0.20% and Nasdaq-100 futures were down 0.12%. The…
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Crypto This Wednesday: Ripple Obtains License in Singapore, El Salvador Begins Local BTC Mining, and More
Jury selected for Sam Bankman-Fried criminal case Twelve jurors have been selected for Sam Bankman-Fried’s criminal case, including a medical assistant, a librarian and a nurse. Data analysts at Nansen revealed details about the close relationship between FTX and Alameda Research, both founded by Bankman-Fried, with suspicious transfers of FTT tokens (COIN:FTTUSD) and the companies’ great…
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Wednesday’s Wall Street Highlights: Apple, Intel, Cal-Maine, A10 Networks, and more
US index futures are slightly down in Wednesday’s pre-market, following a challenging session that pushed the Dow Jones into negative territory for the year 2023. Signs of stabilization emerge as Treasury yields firm up, and the dollar, after climbing to a 10-month peak against the G10 currencies, stabilizes. At 06:42 AM, Dow Jones futures (DOWI:DJI)…
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Crypto This Tuesday: SBF Trial Begins, Web3 Investments Fall for the 7th Quarter, and More
Bitcoin and cryptocurrencies fall due to rising bond yields, disappointment with ETF launch The price of Bitcoin (COIN:BTCUSD) and other cryptocurrencies has declined in response to a rise in Treasury bond yields and the dismal performance of a new Ethereum ETF. Bitcoin fell below $27,600 after reaching $28,500 the previous day. Rising bond yields tend to reduce…
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Tuesday’s Wall Street Highlights: GM, Airbnb, Tesla, Apple, Oddity Tech, and more
US index futures are declining in Tuesday’s pre-market as investors monitor the rise in Treasury yields. At 07:31 AM, Dow Jones futures (DOWI:DJI) fell 90 points, or 0.27%. S&P 500 futures dropped 0.32%, and Nasdaq-100 futures were down 0.44%. The yield on 10-year Treasury bonds stood at 4.735%, adding to yesterday’s 10-point increase. In the…
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Crypto This Friday: ChatGPT May Boost Crypto Potential, 3AC Co-founder Detained, and More
AI Innovation: ChatGPT Raises Potential in Crypto Industry with Significant Updates Sam Altman, founder of OpenAI, unveiled enhancements in ChatGPT, promising to transform the cryptography sector. The model, known for cryptocurrency price predictions, can now access web information in real-time, overcoming its previous data limitations up to September 2021. This allows for more accurate insights…