Category: Latest News

Bitcoin ETFs reach $2.1 billion in weekly inflows, with IBIT leading Last Friday, Bitcoin ETFs saw their fifth consecutive day of inflows, with net entries reaching $273.71 million, totaling approximately $2.1 billion for the week. ARK 21Shares (AMEX:ARKB) led with $109.86 million, followed by BlackRock’s iShares (NASDAQ:IBIT) with $70.41 million. Of the $2.1 billion total,…

The major U.S. index futures are currently pointing to a lower open on Monday, with stocks likely to give back ground following recent strength. Traders may look to cash in on the recent strength in the markets, which has seen the major averages close higher for six consecutive weeks. The advance has lifted the Dow…

U.S. index futures are mixed in pre-market trading on Monday, following record highs for the Dow Jones and S&P 500 and their best weekly streaks of 2024. Investors are anticipating more corporate earnings this week, while remaining cautious about overvalued prices and geopolitical risks. As of 5:05 AM, Dow Jones futures (DOWI:DJI) rose 24 points…

Bitcoin nears record with strong ETF inflows and bullish signals Bitcoin (COIN:BTCUSD) nearly reached $69,000, quoted at $68,740, a 2% increase in the last 24 hours. This week, Bitcoin rose 14.2%, surpassing gold and the S&P 500, but still below its all-time high of $73,700. Driven by strong inflows into spot ETFs, which recorded over…

After reporting a sharp increase in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Friday showing a modest pullback by housing starts in the month of September. The Commerce Department said housing starts fell by 0.5 percent to an annual rate of 1.354 million in September…

The major U.S. index futures are currently pointing to a mixed open on Friday, with the Nasdaq 100 and S&P 500 futures up by 0.5 percent and 0.2 percent, respectively, but the Dow futures down by 0.2 percent. The tech-heavy Nasdaq is likely to benefit from an advance by shares of Netflix (NASDAQ:NFLX), as the…

U.S. index futures rose in pre-market trading on Friday, with the three major indices on track for their sixth consecutive week of gains. At 05:18 AM, Dow Jones futures (DOWI:DJI) gained 26 points, or 0.06%. S&P 500 futures rose by 0.20%, and Nasdaq-100 futures advanced by 0.42%. The 10-year Treasury yield stood at 4.097%. In…