Hamster Kombat, the sensation game on Telegram, is on the verge of embarking on one of the largest token distributions in history. The Hamster Kombat team disclosed that the airdrop will reach 131 million users. However, players have criticized the allocation of these tokens, with many stating that their efforts were not rewarded accordingly. Hamster […]
Traditionally, big Fed interest rate cuts and equity prices hovering near all-time highs are ominous signs for the stock market. Large rate cuts – such as those Fed officials approved and forecast last week – typically reflect an economy the Federal Reserve is trying to dig out of recession. And record-high stock values often mean […]
One of the exciting developments from last week was the U.S. Securities and Exchange Commission’s (SEC) nod for approval and listing of physically settled options tied to BlackRock’s spot bitcoin (BTC) ETF, the iShares Bitcoin Trust (IBIT). There is consensus that the IBIT options, which still needs to be greenlighted by the Options Clearing Corporation (OCC) and […]
U.S. stocks closed modestly higher on Monday as investors assessed whether a trend will develop in the week following the Federal Reserve’s rate cut. The gains came amid comments from Fed policymakers and steady factory activity data, building on last week’s sharp market rally after the central bank’s decision to lower interest rates. The Fed’s pivotal move last […]
The northern hemisphere summer has not yet officially finished, but United States natural gas markets are already sizing up supply and demand balances for this winter and the next year, and indicate that sharply higher prices may emerge. Forward markets for Henry Hub futures, the benchmark U.S. natural gas price, indicate that prices will average […]
US stocks closed mixed on Friday as rate-cut euphoria faded, but the Dow Jones Industrial Average (^DJI) managed to stay above the 42,000 level again to eke out another record close. The S&P 500 (^GSPC) fell 0.2% after the benchmark index ended at an all-time high on Thursday. The tech-heavy Nasdaq Composite (^IXIC) closed down […]
The United States Securities and Exchange Commission (SEC) gave Nasdaq the go-ahead to list and trade shares of options for BlackRock’s spot Bitcoin exchange-traded fund, or ETF. In a Sept. 20 notice, the SEC approved options trading for the iShares Bitcoin Trust under the ticker symbol IBIT on Nasdaq. According to Nasdaq, the exchange will allow […]
The U.S. Securities and Exchange Commission has approved listing and trading of options for asset manager BlackRock’s spot bitcoin exchange-traded fund on the Nasdaq. Options trading for BlackRock’s fund iShares Bitcoin Trust has been approved with ticker symbol “IBIT”, the regulator said in a notice on Friday. The index options – listed derivatives offering a […]
NEW YORK, Sept 13 (Reuters) – Nvidia’s (NVDA.O), opens new tab huge stock rally is still exerting an outsized influence over the S&P 500 index (.SPX), opens new tab, reinforcing concerns that broader markets could be hurt if the chipmaking giant’s fortunes turn. This year’s 140% surge in shares of Nvidia, whose chips are seen […]
Oracle shares rose about 6% in extended trading on Thursday after the database software maker raised its fiscal 2026 revenue guidance and issued a heady forecast for the 2029 fiscal year. At an analyst meeting coinciding with the Oracle CloudWorld conference in Las Vegas, the company said it now sees at least $66 billion in fiscal […]
MicroStrategy, a publicly traded business intelligence and software company, has announced that it acquired approximately 18,300 Bitcoin between Aug. 6 and Sept. 12. The company’s Form 8-K to the United States Securities and Exchange Commission states that the purchase, worth $1.11 billion, was made at an average price of $60,408 per Bitcoin, including expenses and fees. […]
Bitcoin neared $60,000 after the Sept. 13 Wall Street open as gold set a new US dollar all-time high. BTC price launches toward key $60,000 mark Data from Cointelegraph Markets Pro and TradingView showed BTC price action matching 10-day highs on Bitstamp. Bitcoin extended a recovery that began prior to the weekly open as United States macroeconomic data left […]
