Crypto News
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The Big Tech companies are often compared against each other in many ways: how much money they make, market capitalization, and the newest flavor, generative AI capabilities. But in their great strides to capture the digital realm, how many huge data facilities do they need for all their services, analytics, and storage? Sourcing information from Meta, ...
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Stop us if you've heard this one before... In an interview with Bloomberg on Monday, short seller Andrew Left of Citron Research said he has once again shorted GameStop, after famously being short the name during its original astronomical run higher in 2021. “I have covered my short from May, and then I re-shorted it today,” he said on Bloomberg. “I don’t ...
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Generally, you can think of a crypto ETF as a vehicle or tool that aims to bridge/connect the worlds of traditional finance and crypto. It achieves this goal by creating a channel for limited exposure to crypto, making it similar to traditional financial market products. In this article, we’ll cover everything you need to know to solve the mystery behind ...
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video A rebound in inflation or stickier than anticipated price pressures would force the RBA to hike interest rates again, Reserve Bank governor Michele Bullock has told a senate estimates hearing. “If we think we’re on the narrow path, we can stay basically, pretty much where we are: not ruling anything in, ruling anything out,” she said. “But if it ...
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The global economy continues to recover from pandemic aftershocks, including trade dislocations, outsize monetary and fiscal interventions, a prolonged inflation surge, and bouts of severe financial market volatility. At PIMCO’s 2024 Secular Forum, we explored how the aftereffects of those disruptions are producing some unexpectedly positive developments ...
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Key statistics: The Australian economy rose 0.1% in seasonally adjusted chain volume measures In nominal terms, GDP rose 1.4% The terms of trade rose 0.2% Household saving to income ratio fell to 0.9% from 1.6% Economic overview: Unless otherwise stated all figures are in seasonally adjusted, chain volume measures. The reference year for chain volume ...
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The number of job openings in the US shrank for the second month in a row, setting a new three-year low amid further signals of cooling in the labor market. There were 8.06 ...
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US job openings fell in April to the lowest level in over three years, consistent with a gradual slowdown in the labor market. Available positions decreased to 8.06 million from a ...
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The global economy continues to recover from pandemic aftershocks, including trade dislocations, outsize monetary and fiscal interventions, a prolonged inflation surge, and bouts ...
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The number of job openings changed little at 8.1 million on the last business day of April, the U.S. Bureau of Labor Statistics reported today. Over the month, both the number of ...
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Key statistics: The Australian economy rose 0.1% in seasonally adjusted chain volume measures In nominal terms, GDP rose 1.4% The terms of trade rose 0.2% Household saving to ...
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China's service economy expansion accelerated in May as greater new business inflows spurred faster services activity growth. New export business also increased at the fastest ...
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Ethereum (ETH) sustained its sideways trend again on Tuesday following the launch of Volatility Shares leveraged ETH ETFs and an increase in implied volatility across ETH options. Ethereum surpassed Bitcoin in a key derivatives metric on Tuesday. The 2x Ether ETF (ETHU) launched on Tuesday after the Security & Exchange Commission’s (SEC) approval as Fox ...
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The cryptocurrency market loses just over 0.5% in 24 hours, to $2.56 trillion. The moderate pressure is due to another failed attempt by Bitcoin to consolidate above $70K, which is now retreating 0.2%. Ethereum has pulled back 1.8% in the same time frame, while the top coins are moving without a single trend, from Dogecoin’s 2.2% decline to Toncoin’s 1.4% ...
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CME Group, the world's leading derivatives marketplace, today reported its May 2024 market statistics set a new average daily volume (ADV) record of 26 million contracts for the month, up 4% from May 2023. The company's interest rate and metals products also reached May ADV records, as its deeply liquid U.S. Treasury complex hit a new single-day record of ...