Author: Fernanda T
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Crypto This Friday: Executives Resign at Binance, Aptos Network Compromised, and More
BitMEX Co-Founder predicts Bitcoin elected by AI and hitting $760,000 According to Arthur Hayes, co-founder of the BitMEX exchange, Bitcoin (COIN:BTCUSD) will become the artificial intelligence (AI) currency, with a potential to reach $760,000 per coin. Hayes argues that as AI becomes prevalent, Bitcoin will become the logical choice of currency due to its unique qualities…
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Friday’s Wall Street Highlights: Alibaba, Biogen, Uber, Meta, Amazon, Costco and more
US index futures are moving with no clear direction, with a bearish trend, due to anticipation around the June US jobs report, Payroll. Investors are waiting for the data to assess the performance of the job market and its possible influence on the economy. By 07:01 AM, Dow Jones Futures (DOWI:DJI) were down 3 points, or…
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Crypto This Thursday: BlackRock CEO Supports BTC Accessibility, Circle to Launch Stablecoin in Japan, and More
Circle plans to launch stablecoin in Japan Circle plans to launch a stablecoin in Japan, taking advantage of new regulations in place. CEO Jeremy Allaire sees great potential in Japan if adoption of stablecoins in global commerce increases. He expressed interest in partnerships in the Asian country. Japan implemented a new stablecoin law, becoming one of the first…
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Thursday’s Wall Street Highlights: BofA, Meta, Stellantis, American Airlines and more
US Index Futures operated lower on Thursday morning due to concerns arising from the minutes of the last monetary policy meeting in the United States, which raised fears about the cycle of monetary tightening. By 6:42 AM, Dow Jones futures (DOWI:DJI) was down 140 points, or 0.41%. S&P 500 futures were down 0.41%, while Nasdaq-100 futures…
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Crypto This Wednesday: Binance Academy on Coursera, New AI Tool Revolutionizes Smart Contracts, and More
Valkyrie Funds proposes Bitcoin Spot ETF in partnership with Coinbase Valkyrie Funds has proposed a spot bitcoin ETF with shared surveillance partnership with Coinbase (NASDAQ:COIN). Nasdaq (NASDAQ:NDAQ) is set to list the fund’s shares, and Coinbase is the operator of the largest bitcoin spot trading platform in the US. Major exchanges such as BlackRock (NYSE:BLK) and Fidelity…
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Wednesday’s Wall Street Highlights: Meta, Amazon, Rivian, Pfizer, UPS and More
US index futures are lower on Wednesday morning, due to weak activity data in China and Europe, which renewed fears of a global recession. By 6:59 AM, Dow Jones (DOWI:DJI) futures were down 142 points, or 0.41%. S&P 500 futures were down 0.40%, while Nasdaq-100 futures were down 0.47%. Yields on 10-year Treasuries are at 3.853%. The services…
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Crypto This Tuesday: Hong Kong to Launch Stablecoin, Coinbase Dominates Market, and More
Justin Bieber’s NFTs suffer 95% devaluation Justin Bieber, famous singer and international star, has been facing losses since joining the notorious Bored Ape Yacht Club (BAYC) of the NFT world last year. The two NFTs he acquired have suffered a 95% devaluation and are now worth much less than what they initially paid. NFTs have gained popularity…
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Crypto This Friday: BCH Topped June Gains, LTC Rises Ahead of Halving, SEC Deems BTC ETFs Inappropriate
Bitcoin Cash Leads Crypto Gains This Month, Up 132.30% Bitcoin Cash (COIN:BCHUSD) was the best performer among digital assets this month, with a gain of 132.30%. The increase was driven by the listing on EDX Markets and increased trading activity on Upbit in South Korea. BCH outperformed Bitcoin (COIN:BTCUSD) in terms of gains. The perceived…
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Friday’s Wall Street Highlights: Tesla, Nike, ASML, Apple and more
US Index Futures showed gains on Friday, which marks the close of the second quarter. Traders are watching data on personal consumption spending, a leading indicator used by the Federal Reserve to gauge inflation. In addition, a battery of economic data in Europe encouraged investors, showing resilience in activity and inflation on a downward trajectory. By 6:56…
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Crypto This Thusday: Worldcoin launches World ID and integrates Okta in Germany, UK enacts crypto law, and more
DeFi Compound token rises 60% buoyed by Binance exits Decentralized finance (DeFi) protocol token Compound (COIN:COMPUSD) has seen an increase of over 60% in one week, driven by an increase in volume and outflows on Binance. The token is up more than 26% in the last 24 hours. From a low of $22.89 on June 10, the…