Author: Fernanda T
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Crypto This Friday: XRP Jumps After Victory Against SEC, Multichain Shuts Down Trades, and More
Ripple’s XRP rises over 60% after partial victory against SEC, reclaiming fourth place in market cap Ripple’s cryptocurrency XRP (COIN:XRPUSD) has seen a surge of over 60% after a partial victory against the SEC, ending a three-year lawsuit. This led to a $73.5 billion increase in the total cryptocurrency market cap, with XRP overtaking BNB (COIN:BNBUSD)…
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Friday’s Wall Street Highlights: JPMorgan Chase, Coinbase, UPS, Theseus Pharmaceuticals, and more
US Index Futures are mixed in premarket trading on Friday, with some correction from recent gains as investors await the start of earnings season in the United States. By 6:47 AM, Dow Jones futures (DOWI:DJI) rose 109 points, or 0.32%. S&P 500 futures were up 0.04%, while Nasdaq-100 futures fell -0.09%. The 10-year Treasury yield is at…
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Crypto This Thursday: Binance Announces Hard Fork, Former Celsius CEO Arrested, and More
Europe prepares for the launch of the first Bitcoin ETF Europe is about to receive its first Bitcoin Exchange Traded Fund (ETF) after a twelve month delay. Jacob Asset Management Group initially gained Guernsey Financial Services Commission (GFSC) approval in October 2021, but has faced setbacks due to exceptional market conditions. The ETF, which was scheduled to…
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Thursday’s Wall Street Highlights: Alphabet, Disney, Viasat, Pepsico, Delta, Tesla, and more
US Index Futures are operating higher on Thursday, as are European markets, with investors paying attention to US jobless insurance data and reacting to news of a trade surplus below expectations in China. By 6:58 AM, Dow Jones (DOWI:DJI) futures were up 62 points, or 0.18%. S&P 500 futures were up 0.33%, while Nasdaq-100 futures were up…
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Crypto This Wednesday: Aptos Tokens Unlocked, Coinbase Launches Encrypted Messaging Feature, and More
Bitcoin price rises after CPI data Bitcoin (COIN:BTCUSD) price rose to $31,000 after the release of US inflation data for June, which came in below expectations. The leading cryptocurrency has seen an increase of almost 18% over the last month. While slowing inflation may not stop the Federal Reserve from raising interest rates this month, some analysts believe…
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Wednesday’s Wall Street Highlights: Nvidia, VMware, Alphabet, Coty, IBM, and more
US Index Futures operated higher on Wednesday, with investor expectations that US consumer inflation will reach the lowest level since 2021. By 07:01 AM, Dow Jones (DOWI:DJI) futures were up 28 points, or 0.08%. S&P 500 futures were up 0.16%, while Nasdaq-100 futures were up 0.19%. The 10-year Treasury yield is currently at 3.95%. On Wednesday’s American economic…
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Crypto This Tuesday: Axelar Joins Forces With Microsoft, Algofi Ends DeFi Protocol, and More
Axelar joins forces with Microsoft to connect public and private blockchains Axelar, a cross-chain protocol, has partnered with Microsoft (NASDAQ:MSFT) to connect public and private blockchains. Axelar will be listed on Microsoft’s Azure marketplace, allowing it to reach thousands of companies using the Azure cloud service. The collaboration aims to integrate established Internet technologies with public blockchains,…
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Tuesday’s Wall Street Highlights: Amazon, Better Therapeutics, Blackstone, Microsoft and more
US Index Futures are trading slightly higher in premarket Tuesday. As Europe watches record wage increases in the UK and economic indicators in Germany, US futures are on the rise, awaiting the release of the country’s inflation data, scheduled for Wednesday. By 6:56 AM, Dow Jones (DOWI:DJI) futures were up 7 points, or 0.02%. S&P 500 futures were…
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Crypto This Monday: 24 CBDCs by 2030, Standard Chartered BTC Price Prediction, and more
Miners face Bitcoin halving challenges The upcoming Bitcoin halving (COIN:BTCUSD), scheduled for April 2024, may pose more challenges for cryptocurrency miners compared to previous halvings. Mining experts say that around half of miners will struggle due to high electricity costs and accumulated debt. Previous halvings have been followed by big Bitcoin price rallies, but the upcoming halving…
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Monday’s Wall Street Highlights: Icahn Enterprises, Nanobiotix, TSMC, Alibaba, and more
US Index Futures operate slightly lower in the first trading session of the week, after weaker inflation data in China raise doubts about the slowdown of the second largest economy in the world. By 6:50 AM, Dow Jones Futures (DOWI:DJI) were down 2 points, or 0.01%. S&P 500 futures were down 0.017%, while Nasdaq-100 futures were…