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Market Closed May 7 16:00 CST

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BullnBearTrading

May 29, 2024 10:18

Market Overview

U.S. stocks had a mixed day: $Dow Jones Industrial Average (.DJI.US)$ fell to a three-week low, while $Nasdaq Composite Index (.IXIC.US)$ hit new record highs. $NVIDIA (NVDA.US)$soared over 7%, marking a three-day streak of record highs and a 20% gain since its earnings report. $Tesla (TSLA.US)$dropped over 1%, being the only one of the "Big Seven" tech stocks to decline, and $GameStop (GME.US)$surged 25% after initially spiking 40%.
U.S. Treasury auctions were weak, leading to a dro...

Spinee

May 28, 2024 17:10

SFC Considers Approving Ether ETF Pledging

Hong Kong's Securities and Futures Commission (SFC) is reportedly in talks with cryptocurrency ETF issuers about allowing pledging services via licensed platforms. While discussions are ongoing, there is no set timetable for approval.
An SFC spokesman declined to comment, but approval could increase demand for cryptocurrency spot ETFs in Hong Kong. Serra Wei, CEO of Aegis Custody, noted that these discussions align with regulatory standards and represen...

Ethereum ETFs see abrupt progress: Will the approval rumors come true?

whqqq

May 24, 2024 14:06

Donald Trump’s Presidential Campaign Now Accepting Donations In Bitcoin, Dogecoin, Shiba Inu, XRP, Ethereum, Among Others

On May 21, Trump’s presidential campaign launched a fundraising page accepting cryptocurrency donations through Coinbase Commerce products. This move makes Trump's campaign the first major party nominee to accept crypto donations.
Supporters can donate using Bitcoin, Bitcoin Cash, Litecoin, XRP, DAI, Tether USD, and more. This step highlights Trump's support for crypto, aligni...

Ethereum ETFs see abrupt progress: Will the approval rumors come true?

whqqq

May 24, 2024 12:40

Ether ETF approved so why aren’t we rich yet?

Crypto commentators suggest there could be two reasons why the price of ETH hasn’t rocketed in the wake of spot Ether ETF approvals.
On May 23, the Securities and Exchange Commission approved eight spot Ether ETFs to be listed on their respective exchanges. $Ethereum (ETH.CC)$ fell 3.4% just before the news, recovering by around 5% shortly after, and is currently trading at $3,802.
Crypto commentator Zach Rynes argues that the lack of movement ref...

BullnBearTrading

May 17, 2024 19:40

LINK Price Jumps 25% Amidst Buying Spree, Eyes $20 Break

As the bullish momentum increases in the broader market, Chainlink bounces back this week, for a stronger uptrend. The LINK price trend shows a bullish reversal from the crucial support of $13 and projects a potential surge to a new 52W high.
As the buying pressure is on the rise and the improving health of DeFi sector, Chainlink is awaiting a boost. Will the bull run in LINK price cross $20?
Chainlink Price Performance
With a massive su...

BullnBearTrading

May 17, 2024 18:53

NOT drops 55% as airdrop farmers sell off post-exchange launch

Notcoin (NOT), a play-to-earn clicker gaming application on Telegram, has seen its price plummet by 55% after securing listings on major crypto exchanges.
At the time of writing, NOT was trading at $0.006414, with a 24-hour trading volume of $1.35 billion. The token’s market cap has fallen to $661 million, according to CoinMarketCap.
Notcoin is a web3 gaming project that started on Jan. 1 within The Open Network (TON) ecosystem. It ...

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