Author: Fernanda T
-
Crypto This Monday: HBAR Jumps, Trump Unveils Crypto Equity, PayPal Introduces Cryptocurrencies Hub, and More
Hedera Hashgraph and the rise driven by FedNow Hedera Hashgraph’s HBAR token (COIN:HBARUSD) is up 17.65% at press time. The move came after the Federal Reserve’s FedNow added Hedera-based micropayments platform Dropp. FedNow is the Fed’s instant payment service. Meanwhile, Bitcoin (COIN:BTCUSD) and Ethereum (COIN:ETHUSD) are up 1.05% and 0.68% over the last 24 hours, respectively. BALD’s…
-
Monday’s Wall Street Highlights: US Steel, Tesla, Nikola, AMC Entertainment, and more
US index futures are up in premarket trading on Monday, signaling a recovery after the previous week’s falls, which were influenced by fears related to inflation and interest rates in the global scenario. By 6:47 AM, Dow Jones futures (DOWI:DJI) were up 88 points, or 0.25%. S&P 500 futures were up 0.29% and Nasdaq-100 futures were…
-
Crypto this Friday: Visa Tests Ether Fees, Kraken Outperforms Coinbase on Altcoins, SEC Delays ARK ETF
SEC postpones decision on ARK Bitcoin ETF SEC has postponed the decision on the Bitcoin ETF proposed by ARK Investment Management. On August 11, SEC launched a 21-day public comment period for the ETF. ARK had filed in May, and SEC has until January 2024 to decide. To be listed, the ETF needs to meet certain regulatory criteria. Cathie…
-
Friday’s Wall Street Highlights: Archer Aviation, UBS, Pagaya Technologies, Cano Health, and more
US index futures are down premarket on Friday, continuing to reflect the impacts of US inflation figures, UK activity and uncertainty surrounding global interest rate trends. By 7:00 AM, Dow Jones Futures (DOWI:DJI) were down 3 points, or 0.01%. S&P 500 futures were down 0.10% and Nasdaq-100 futures were down 0.23%. The 10-year Treasury yield was at…
-
Crypto this Thursday: Amazon Launches Exclusive NFTs, Coinbase Base Starts Slow, and More
Amazon dives into the Play-to-Earn universe with exclusive NFTs Amazon (NASDAQ:AMZN) is offering its 170 million top subscribers the chance to claim unique non-fungible tokens (NFTs) in popular blockchain games such as Mojo Melee and Blankos Block Party. Starting August 9th, Amazon Prime members will receive a variety of NFTs that offer unique benefits in games…
-
Thursday’s Wall Street Highlights: Capri Holdings, Disney, Sonos, Applovin, Plug Power, and more
US index futures rose in premarket Thursday, a day highly anticipated by global investors due to the release of US inflation data. By 6:43 AM, Dow Jones futures (DOWI:DJI) were up 164 points, or 0.47%. S&P 500 futures were up 0.49% and Nasdaq-100 futures were up 0.58%. The yield on the 10-year Treasury bill was at 4.005%.…
-
Crypto this Wednesday: SpiritSwap Closes Operations, Aptos Labs and Microsoft Partner, and More
Bitcoin teeters near $30,000 as investors watch US inflation Bitcoin approached $30,000 on Wednesday morning as investors await the US July Consumer Price Index (CPI). Core inflation, excluding food and energy, is expected to reach 0.4%, indicating lower inflation, which may reduce the chances of a Federal Reserve rate hike. Analyst Oliver Rust predicts a rise in…
-
Wednesday’s Wall Street Highlights: Amazon, Disney, Upstart, Doximity, Toast, WeWork and more
US index futures were higher in premarket trading on Wednesday, moving to recover from recent losses as investors digested the tax cut on banks in Italy and data in China. By 6:42 AM, Dow Jones futures (DOWI:DJI) were up 62 points, or 0.18%. S&P 500 futures and Nasdaq-100 futures were up 0.25% each. The 10-year Treasury yield…
-
Crypto this Tuesday: Coinbase’s Millionaire Bond Buyback, Binance Gets License in El Salvador, and More
Coinbase celebrates high with millionaire bond buyback managed by Citigroup After robust Q2 performance, Coinbase (NASDAQ:COIN) has proposed to buy back up to $150 million of its $1 billion bond, due in 2031. Investors who sell bonds by Aug. 18 will receive $645 for $1,000 of the face value; after that date and through September 1,…
-
Tuesday’s Wall Street Highlights: Novo Nordisk, RingCentral, Chegg, UPS, AMC, and more
US Index Futures are down in premarket trading on Tuesday, reflecting data on German inflation, the Chinese trade balance and awaiting corporate earnings. By 07:22 AM, Dow Jones futures (DOWI:DJI) were down 234 points, or 0.66%. S&P 500 futures were down 0.71%, while Nasdaq-100 futures were down 0.77%. The 10-year Treasury yield was at 3.99%. In Germany,…