Tag: NASDAQ:COIN
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Crypto This Thursday: SEC Delays Hashdex, Grayscale ETFs, Binance Thailand Launch, and More
Bitcoin faces a retreat after Wall Street opening Bitcoin (COIN:BTCUSD), with a price of $36,407 in the last 24 hours, experienced a significant drop after the opening of Wall Street on November 16, repeating past price movement trends. There was a reduction of over $1,000 in a day, following previous patterns of lows and sell-offs.…
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Crypto This Thursday: BlackRock Registers iShares Ethereum Trust, Ethereum Surpasses $2,000, and More
Bitcoin’s volatility reflects significant price and market capitalization fluctuations Bitcoin (COIN:BTCUSD) once again exhibited its well-known market instability, briefly reaching the $38,000 mark before retreating to around $36,500. This movement was mirrored by its market capitalization, which saw an increase from $715 billion to $740 billion before regressing to the initial level. It’s worth noting…
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Crypto This Tuesday: ORDI Skyrockets 72% Post-Binance Listing, Ava Labs Trims Workforce, and More
Evidence of altseason and recovery in the cryptocurrency market The cryptocurrency market is beginning to rebound after turbulence, such as the FTX incident. Experts like Fernando Pereira from Bitget predict an advance, particularly in altcoins. “One of my favorite indicators for identifying an altseason (a market moment when altcoins appreciate more than BTC) is the…
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Crypto This Friday: SBF Convicted of Fraud, Block and Coinbase Exceed 3Q Estimates, and More
Sam Bankman-Fried convicted of fraud Sam Bankman-Fried, founder of FTX, was quickly convicted of massive frauds, with the jury deliberating in less than a day. Tried in Manhattan and presided over by Judge Kaplan, he faces up to 20 years per charge. This legal milestone highlights the seriousness of his illicit actions and their broad…
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Friday’s Wall Street Highlights: Apple, Bill Holdings, Paramount, Block, and more
U.S. index futures are falling this Friday, reacting to the latest quarterly reports from corporate giants, notably Apple (NASDAQ:AAPL). Concurrently, investors are digesting a slew of economic indicators from Europe, adding layers of complexity to the global financial landscape. This cautious anticipation comes ahead of the release of the much-awaited U.S. jobs report. As of…
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Crypto This Tuesday: Record-Breaking Profitable BTC Addresses, Tether Bolsters Reserves in Q3, and More
Bitcoin maintains stability after changes in the Bank of Japan’s liquidity policy Bitcoin (COIN: BTCUSD) is trading at around $34,300 following changes in the Bank of Japan’s (BOJ) approach to its “yield curve control” (YCC) program. The BOJ has chosen to consider the 1% limit for 10-year government bonds as a reference instead of a…
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Crypto This Monday: CME Closes in on Binance in Futures, VanEck Revamps ETF Seeding, and More
VanEck modifies Bitcoin ETF strategy for SEC VanEck, the asset manager, made modifications to its Bitcoin ETF request to the Securities and Exchange Commission on October 27, adopting a unique seeding method. Seeding is the initial funding required to launch an ETF. This fund helps to create units that underpin the ETF, allowing the trading…
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Crypto This Wednesday: Polygon Launches POL on Ethereum Mainnet, Vodafone and Chainlink Boost Commerce, and More
Bitcoin reaches US$35,000 on Wednesday and bold predictions for the end of 2023 Bitcoin (COIN:BTCUSD) experienced a notable rise last week due to news about ETFs that turned out to be misleading. The fact that the price did not retreat after the news correction suggests that other factors are driving the increase, such as investors seeking…
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Crypto This Tuesday: Tether Hits $84 Billion Supply; Coinbase Soars with BTC, and More
Bitcoin stabilizes around $34,200 with volatility The price of Bitcoin (COIN:BTCUSD), which reached $35,200 on hopes of approval of a Bitcoin ETF in the US, consolidated around $34,200 on October 24 after a 15% increase. The quick break of resistance at $30,600 was surprising, but there is now expectation of a possible pullback. Positive funding rates and…
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Tuesday’s Wall Street Highlights: Coinbase, Intel, Redfin, Barclays, General Dynamics, GE, and more
US index futures are rising in pre-market trading this Tuesday, reflecting the relief in US interest rates that occurred yesterday, as well as economic activity data in the Eurozone and Japan. Investors are eager for information on corporate results and developments in the Israel-Hamas conflict. At 06:56 AM, Dow Jones futures (DOWI: DJI) rose by…