Tag: NASDAQ:MSTR
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US Index Futures Slightly Rise; Bitcoin Reaches 2021 High
On Tuesday, U.S. index futures showed a slight increase, in anticipation of significant economic indicators expected later in the week and statements from Federal Reserve officials, which may reveal valuable clues about future interest rate directions. At 5:35 AM, Dow Jones Industrial Average futures (DOWI:DJI) were up 13 points, or 0.03%. S&P 500 futures rose…
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Expedia Announces 1,500 Job Cuts; Hims & Hers Surges 19.8% Post Financial Results, and More News
Expedia (NASDAQ:EXPE) – Expedia revealed plans on Monday to cut approximately 1,500 jobs globally, about 9% of its workforce, as part of an “organizational and technological transformation.” The decision follows a moderate revenue forecast for 2024, with declining airfare prices. Expedia’s restructuring will incur pre-tax charges and cash expenses between $80 million and $100 million.…
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Crypto: Phishing Hack Strikes MicroStrategy, Malicious Code Compromises Tornado Cash, and More
MicroStrategy hit by phishing scam on X; continues Bitcoin portfolio expansion MicroStrategy’s account on X (formerly Twitter) was compromised, disclosing a fake airdrop of an MSTR Ethereum token in the early hours of February 26. PeckShield alerted to a phishing link in the announcement, leading to a fake website. Although the post was deleted, MicroStrategy…
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Uniswap Skyrockets 55% with Incentive Proposal, Avalanche Confronts 4-Hour Shutdown, and More
Expiration of $3.6 billion in Bitcoin options could influence the market Today, around $3.6 billion worth of Bitcoin options contracts are set to expire on major derivatives exchanges, raising questions about possible impacts on the cryptocurrency’s value. The majority of these options reside on Deribit and CME, indicating significant speculation or hedging strategies against Bitcoin…
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Crypto: Citi Tokenizes Blockchain Funds, Robinhood’s Crypto Revenue Surges by 10%, and Latest Updates
Bitcoin recovery boosts crypto stocks in the US A recent surge of Bitcoin (COIN:BTCUSD) above $51,000 has boosted the shares of crypto companies in the US, with Coinbase (NASDAQ:COIN) and MicroStrategy (NASDAQ:MSTR) among the beneficiaries. The increase propelled BTC to a market capitalization of $1 trillion, aligning it with giants like Meta (NASDAQ:META) and Amazon…
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Bitcoin Breaks $47K Barrier, COTI’s Surge with MPC Protocol, and Latest Updates
Bitcoin reaches new highs with massive entry into ETFs Bitcoin (COIN:BTCUSD) experienced a strong momentum as it surpassed $47,000, driven by one of the largest net entries into ETFs in the US since its inception. After reaching a peak of $47,699, there was a brief sell-off, but prices stabilized again above $47,200, with a 4.4%…
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Crypto: SEC Postpones Ether ETF Decision, Hut 8 Leadership Transition, and Latest News
Bitcoin on the brink of a breakout with $535 million at stake Bitcoin (COIN:BTCUSD) shows signs of stabilization in a narrow range, suggesting an imminent breakout. There is notable accumulation at strong support levels, reflecting a robust base for potential upside. However, for a significant uptrend, it is crucial to overcome resistance at $43,800. Analysis…
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Crypto: Tesla’s 4Q BTC Holdings, Final Ethereum Update Tests, and More
BTC price experienced a slight fluctuation following an optimistic US GDP report Bitcoin (COIN:BTCUSD) dropped by less than 1%, approaching $39,600, after the US reported a 3.3% growth in fourth-quarter GDP, surpassing expectations of 2%. While this growth was lower than the 4.9% seen in the previous quarter, it nearly matched December’s inflation rate of…
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Crypto: Fantom Reduces Staking Requirements, TrueUSD Parity Drop, and More
Market contrast: Bitcoin rises while ETFs fall In the last 24 hours, Bitcoin (COIN:BTCUSD) experienced a modest increase, surpassing $43,000, while exchange-traded funds (ETFs) showed a contrasting trend. Notably, ETFs from BlackRock (NASDAQ:IBIT) and Van Eck (AMEX:HODL) suffered losses, each dropping by 1.1% during this period. This decline is part of a broader downward trend…
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Wall Street Highlights: Mastercard’s Financial Rise, Citigroup’s $3.8 Billion Charges, and More
This Thursday morning, U.S. index futures are showing an upward trend, in anticipation of the imminent consumer inflation data and the start of the fourth-quarter financial results reporting season, a crucial period for Wall Street investors and analysts. At 05:40 AM, the Dow Jones futures (DOWI:DJI) rose 7 points, or 0.02%. S&P 500 futures were…