gnossor
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Columns Bitcoin
On Tuesday, the price of bitcoin surged to $73,500, as the afternoon momentum even pushed higher bitcoin.
With the dominance of bitcoin, the crypto market is heating up.
The crypto star maintained its pace on October 29th, reaching $73,600 on Bitstamp by 3 p.m. Eastern Time in the USA. With this rise, bitcoin's market cap reached $1.44 trillion, accounting for over 58% of the total $2.46 trillion crypto economy. Bitcoin's 24-hour trading volume soared to $65.38 billion, exceeding the entire crypto market of $113 billion.
Today, USDT, USD, FDUSD, USDC, KRW, and EUR are leading the way as the most active BTC trading pairs. According to statistics from coingecko.com, Binance and Coinbase rank at the top of bitcoin exchange exchanges. Futures trading is also booming; as reported by coinglass.com, open interest is set to rise to $44.15 billion. QCP Capital attributes the gains in bitcoin to various factors, especially the strong inflow of nearly $1 billion into spot ETFs last week.
QCP analysts revealed that Emory University recently invested $15 million in Grayscale Bitcoin Trust fund, marking a new turning point. This signifies the first known university endowment fund investment in digital assets, showcasing growing interest from traditional conservative funds. The headquarters of this fund...
With the dominance of bitcoin, the crypto market is heating up.
The crypto star maintained its pace on October 29th, reaching $73,600 on Bitstamp by 3 p.m. Eastern Time in the USA. With this rise, bitcoin's market cap reached $1.44 trillion, accounting for over 58% of the total $2.46 trillion crypto economy. Bitcoin's 24-hour trading volume soared to $65.38 billion, exceeding the entire crypto market of $113 billion.
Today, USDT, USD, FDUSD, USDC, KRW, and EUR are leading the way as the most active BTC trading pairs. According to statistics from coingecko.com, Binance and Coinbase rank at the top of bitcoin exchange exchanges. Futures trading is also booming; as reported by coinglass.com, open interest is set to rise to $44.15 billion. QCP Capital attributes the gains in bitcoin to various factors, especially the strong inflow of nearly $1 billion into spot ETFs last week.
QCP analysts revealed that Emory University recently invested $15 million in Grayscale Bitcoin Trust fund, marking a new turning point. This signifies the first known university endowment fund investment in digital assets, showcasing growing interest from traditional conservative funds. The headquarters of this fund...
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From YouTube
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Good morning mooers! Here are things you need to know about today's Singapore markets:
●Singapore shares opened higher on Monday; STI up 0.37%
●Delay in Interest Rate Cuts Impedes Major Revival in Private Residential Market
●Stocks to watch: Keppel, Jardine C&C, Yoma
●Latest share buy back transactions
-moomoo News SG
Market Snapshot
Singapore shares opened higher on Monday. Th...
●Singapore shares opened higher on Monday; STI up 0.37%
●Delay in Interest Rate Cuts Impedes Major Revival in Private Residential Market
●Stocks to watch: Keppel, Jardine C&C, Yoma
●Latest share buy back transactions
-moomoo News SG
Market Snapshot
Singapore shares opened higher on Monday. Th...
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As of the week ending August 16th, market sentiment has significantly improved. US stock indices opened lower on Friday but rallied later in the day, with both the $S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ posting gains for the seventh consecutive day. They rose 3.9% and 5.2% respectively for the week, marking their best performance since October last year and ending ...
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August 16th – SKHAWK (3049.MY) is set to make a market transition, moving its listing from the LEAP Market to the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities"). Alongside this, the company will launch an initial public offering (IPO), with the subscription period open from August 16th to August 23rd. The shares are priced at RM0.15 each, and the new listing is expected to commence on September 5th.
This IPO i...
This IPO i...
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The S&P 500 tried to hold on to Thursday gains. The Dow Jones Industrial Average and Nasdaq joined the S&P 500 gaining ground but remained just below their Monday drops.
Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ climbed 0.47%, the $Dow Jones Industrial Average (.DJI.US)$ climbed 0.13%, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 0.51%.
MACRO
Friday brought no major macroeconomic news, and investors look forward to next week whe...
Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ climbed 0.47%, the $Dow Jones Industrial Average (.DJI.US)$ climbed 0.13%, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 0.51%.
MACRO
Friday brought no major macroeconomic news, and investors look forward to next week whe...
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The market took a hit Friday following a week of shakey earnings reports. Intel and Amazon earnings disappointed investors and job data spawned fears of recession. The Dow Jones Industrial Average fell 600 points, with $Intel (INTC.US)$ dropping the most in one day than it has in decades; its lowest price today was one not seen since 2013.
For the week, the $S&P 500 Index (.SPX.US)$ fell 3.18%, the $Dow Jones Industrial Average (.DJI.US)$ fell 2.71...
For the week, the $S&P 500 Index (.SPX.US)$ fell 3.18%, the $Dow Jones Industrial Average (.DJI.US)$ fell 2.71...
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What determines the rise and fall of stock markets? Some may argue that companies are the main players and their performance is the key factor. Others point to investor sentiment, supply and demand of financial products, and international events.![]()
While all these factors are important, they all depend on an even more crucial element: the health of the economy. Think of companies as ships sailing in the vast ocean.🛳️ When the economy is healthy, the sea ...
While all these factors are important, they all depend on an even more crucial element: the health of the economy. Think of companies as ships sailing in the vast ocean.🛳️ When the economy is healthy, the sea ...
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