The US stock futures were slightly down early this morning as the third-quarter earnings season gained momentum.
While experts forecast the US SEC will approve a spot Bitcoin ETF within the next six months, the BlackRock’s officials confirmed that it has not received a green light on its application.
The developments between US SEC and Grayscale over the past weekend led to whales accumulating Bitcoin in huge numbers.
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions on Thursday targeting two tanker owners involved in shipping Russian oil that exceeded the established price cap.
JPMorgan figures for Q3 2023 exceeded expectations like it did in Q2. However, figures like revenue and EPS were higher last quarter.
The FTC lawsuit accuses the former Voyager CEO of fraud and misleading users, while the CFTC said the firm and CEO took reckless risks.
Data released by the Labor Department show that CPI for September increased higher than expected, with several prices up from August.
Following the attack by Hamas on Israel on October 7, traders initially priced in a $3 to $4 risk premium when oil markets opened.
The announcement of this landmark deal follows a recent report which hinted at the two companies’ progress toward an agreement. Since that report, Pioneer shares have surged by over 10%.
Treasury yields fell in the US as the war between Israel and Hamas rages on, with several thousand dead and wounded.
Despite the selling pressure, Bitcoin has outperformed the broader crypto market with its market share crossing over 50%.
Oil prices rose today as Hamas and Israel continue their conflict with many injured and several dead on both sides.
This is not the first time Israel’s central bank has intervened in the foreign exchange market to stabilize the shekel.
The unexpected strength in the labor market presents a dilemma for the Federal Reserve. Policymakers are grappling with the question of whether to raise interest rates further to cool the economy and combat rising inflation.
Analysts have warned that the rise in the bond yields could pose significant challenge to equity market and other risky investments like crypto.