The latest commodity trading prices for oil, natural gas, gold, silver, wheat, corn and more on the U.S. commodities & futures market.
Amid the global market uncertainty, Bitcoin has given subpar returns during the last quarter and so, while Gold has seen a steady ascent.
Bitnomial plans to launch margin-based, physically settled XRP/USD futures contracts, fueling speculation about a future spot XRP ETF.
In a revised S-1 form filed with the SEC, Bitwise revealed new details about its Ethereum ETF, including a $2.5 million seed investment.
While the low trading volumes on 21Shares’ crypto ETNs might be a concern for some, the company remains confident that this is a temporary situation.
Despite this fee waiver, Global X’s Bitcoin and Ethereum ETPs remain relatively modest in size.
The UK’s late entry into the crypto ETN arena contrasts with other jurisdictions in the European market and beyond, where such products have been available for years.
These ETNs will be available in both British pounds (GBP) and US dollars (USD), offering flexibility to investors.
The hedge funds’ significant short positions could have several implications for the broader market. Most likely, it can exert downward pressure on prices.
NVIDIA’s robust financial outlook further fueled optimism, with the company forecasting first-quarter revenue of $24 billion, surpassing analysts’ estimates of $22.2 billion.
A UBS strategist says that both gold and Bitcoin will benefit from the Fed when the agency decides to cut interest rates.
The rise in Bitcoin price and the reduction in production quantity may offer Bitcoin some bullishness but also make it scarcer than gold.
The Deribit exchange has recorded a new yearly high for Bitcoin perpetual futures open interest, a record not seen since BTC’s ATH.
For many crypto enthusiasts and market participants, all indications point to the fact that Bitcoin could hit over $60,000 by April 2024.
Several market analysts believe that the Gold price rally can continue further with the potential to hit $2,2000 by the end of 2024.
Stock futures are mixed after the Dow Jones Industrial Average closed its best month in more than a year.