Dow Jones Industrial Average futures went flat on Sunday evening as the interest rate cut last week, and sent the blue-chip index to a record high. The Dow futures lost a meager 12 points and traded relatively flat. The S&P 500 futures barely moved and Nasdaq 100 futures did not budge at all. Today’s stability…
A new poll from Fairleigh Dickinson University has underlined one of the most striking political trends among holders of cryptocurrencies: their overwhelming preference for Donald Trump over Vice President Kamala Harris in the 2024 U.S. presidential elections. Per the results of that same poll, made public Friday, a full 50% of cryptocurrency owners say they…
The UK outperformed its G-7 (Group of Seven) peers as the country’s economic growth in the first half of 2024 was the best among major advanced economies. According to the latest official data, UK GDP rose by 0.6% in the second quarter after a 0.7% increase in the first. This strong growth, with cooling inflation…
Global stock futures drifted lower on Sunday evening as investors geared up for a slew of critical economic data releases, including key inflation and retail sales figures. It follows a tumultuous trading week in which last week’s sharp market sell-off was almost entirely erased. Market Overview Futures tied to major indices indicate small declines. All…
The former CEO of Uphold, J.P. Thieriot, as cited by many as one of the most influential people in crypto, threw his weight behind Kamala Harris for the U.S. presidential election in 2024. He still holds a stake and serves on the board at Uphold. J.P. Thieriot is leading efforts to raise the digital assets…
A recent study by analyst at CryptoQuant on QuickTake about Bitcoin explains in detail that this could be just the beginning of huge market shifts in Bitcoin’s recent price action. The analyst digs really deep into historical data about the price trends of Bitcoin and new market participants, looking at the patterns that might indicate…
Etherium Declines Amidst Major Outflows Etherium changed dramatically to the pullback and lost over 7.5% to trade above $3100. This has largely been attributed to massive outflows from Grayscale’s recently converted Ethereum Trust ETF, ETHE. According to market information from SoSoValue, ETHE had a net outflow of over $810 million similar to that seen early…
