ADVFN US – Market Content Editor

Bitcoin ETFs record $458 million in inflows on October 16 On October 16, 2024, Bitcoin ETFs recorded $458.54 million in net inflows. BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) led with $393.4 million. Other ETFs, including Wise Origin Bitcoin Fund (AMEX:FBTC), Bitwise Bitcoin ETF (AMEX:BITB), Franklin Templeton Digital Holdings Trust (AMEX:EZBC), and ARK 21Shares Bitcoin ETF (AMEX:ARKB),…

First-time claims for U.S. unemployment benefits saw an unexpected pullback in the week ended October 12th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 241,000, a decrease of 19,000 from the previous week’s revised level of 260,000. Economists had expected jobless claims to inch…

The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to extend the upward move seen over the course of the previous session. Tech stocks may help lead an early advance on Wall Street, as reflected by the 0.9 percent jump by the Nasdaq 100 futures. The upward…

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) – TSMC reported net income of T$ 325.3 billion ($10.11 billion) in the third quarter, up 54%, exceeding the T$ 300.2 billion estimate. Revenue reached US$23.5 billion, up 36%, surpassing the forecast of $22.4 billion to $23.2 billion. Capital expenditure was $6.4 billion, compared to US$ 6.36 billion in Q2.…

U.S. index futures rose in premarket trading on Thursday, after the Dow Jones Industrial Average set its second record of the week. Investors are closely watching upcoming corporate earnings and today’s economic data. At 5:25 AM, Dow Jones futures (DOWI:DJI) were up 16 points, or 0.04%. S&P 500 futures gained 0.37%, and Nasdaq-100 futures advanced…

Bitcoin market consolidates gains with massive liquidations and dominance increase In the last 24 hours, $280.71 million in cryptocurrency positions were liquidated, impacting 79,153 traders. Bitcoin (COIN:BTCUSD) reached an intraday high of $68,399 and is currently trading at $67,990. The liquidations included $151.47 million in long positions and $129.24 million in short positions, with the…

Reflecting a sharp drop by prices for fuel imports, the Labor Department released a report on Wednesday showing a continued decrease by prices for U.S. imports in the month of September. The Labor Department said import prices fell by 0.4 percent in September after slipping by a revised 0.2 percent in August. The decline matched…