Tag: NYSE:MA
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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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Thursday’s Wall Street Highlights: Netflix, Tesla, SAP, TSMC, Costco, Rentokil, Nokia, and more
US index futures showed mixed sentiment in early trading on Thursday. This comes amid a rise in long-term interest rates, reaching their highest levels since 2007 due to expectations of sustained high rates. Investors are digesting another batch of quarterly earnings while closely monitoring the evolving conflict between Israel and Hamas, which begins to influence…
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Keep An Eye Out: Pre-Market Movers And Analyst Recommendations
Don’t Trade Without Seeing The Orderbook Here are some of the biggest premarket U.S. stock movers today: NetScout Systems Inc (NASDAQ:NTCT) tumbled about -23% in pre-market trading after the company cut its FY24 guidance. Dollar Tree Inc (NASDAQ:DLTR) gained more than +2% in pre-market trading after Goldman Sachs upgraded the stock to Buy from Neutral.…
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Crypto This Friday: THORSwap Resumes Operations, Paolo Ardoino Takes Over as Tether CEO, and More
Bitcoin remains stable at $26,800 awaiting SEC’s decision on ETF The price of Bitcoin (COIN:BTCUSD) continued to fluctuate around $26,800 pending a crucial decision from the U.S. Securities and Exchange Commission (SEC) regarding its refusal to allow a spot exchange-traded fund (ETF) of Bitcoin. The cryptocurrency market is closely watching the SEC’s decision, with analysts evaluating…
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Crypto this Monday: HTX and Mixin Network Hacked, Upbit Stops APT Transactions, and More
Bitcoin faces decline and strong dollar Bitcoin (COIN:BTCUSD) opened at $26,000 on September 24, with a significant weekly drop severely impacting its price trajectory. Analysis shows uncertainty in BTC price after briefly breaking $26,000 support. Analysts such as BaroVirtual and Rekt Capital indicate a possible Bitcoin decline to the $22,000 to $20,000 range if resistance is not…
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Wednesday’s Wall Street Highlights: Verb Technology, Apple, Alphabet, Warner Bros, and more
US index futures are lower in premarket trading on Wednesday, weighed down by disappointing numbers in Europe and a rise in the cost of oil the day before. These factors heighten inflation concerns as investors await new US indicators, including the Beige Book. By 6:52, Dow Jones futures (DOWI:DJI) were down 51 points, or 0.14%. S&P 500…
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Crypto This Thursday: Lufthansa Launches NFTs, Uniswap Acquitted in Court Case, and More
New York court classifies Ether and Bitcoin as ‘commodities’ and dismisses case against Uniswap A New York court has defined Ether (COIN:ETHUSD) and Bitcoin (COIN:BTCUSD) as commodities and has ruled out a class action lawsuit against cryptocurrency exchange Uniswap. The lawsuit alleged that Uniswap had violated US securities laws, but Judge Katherine Polk Failla stated that…
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Crypto This Tuesday: Grayscale Win Boosts Crypto, Argo Blockchain Cuts Losses, and More
Court decision boosts Bitcoin and brings US closer to spot crypto ETF After a US appeals court instructed the SEC to review its denial of the Grayscale Bitcoin Trust to become an ETF, Bitcoin (COIN:BTCUSD) rallied 6.65% to hit $27,843.53. The market reacted positively, with Grayscale Bitcoin Trust rising 17% and other crypto assets posting gains. The…
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Friday’s Wall Street Highlights: Hawaiian Electric, Disney, AMC, Affirm, Ulta Beauty, and more
US index futures are up in premarket trading on Friday, in a day with few major indicators around the world, awaiting Federal Reserve Chairman Jerome Powell’s speech at the Jackson Hole symposium. By 6:40 AM, Dow Jones (DOWI:DJI) futures were up 109 points, or 0.32%. S&P 500 futures rose 0.30% and Nasdaq-100 futures were up 0.16%. The yield…
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Crypto This Friday: Mastercard Announces CBDC Partner Program, BTC Under 26K, and More
Bitcoin crash and liquidity impact Bitcoin (COIN:BTCUSD) opened near two-month lows at $26.016 after extreme sell-offs on Aug. The sharp selloffs appear to be an overreaction to SpaceX’s writedown of $373 million worth of BTC. Speculation also points out that a major player may have been liquidated at Deribit. Meanwhile, spot sales remain 50% below their 2023 peak.…