TAG: ETF
'Bitcoin's ETF approval marks its maturity as an investment'
But, Hector McNeil, founder and CEO of HANetf, says if the pattern is repeated from the first EFT in gold two decades ago, then this is the beginning of the maturity of Bitcoin into an investment that will form part of many portfolios. He says the ‘wild w...
7 months ago
Beat the street: CPI data weighs on Fed rate-cut hopes; SEC gives Bitcoin ETFs green light; Google; Citi
The SEC has given Bitcoin ETFs the green light, so what does this mean for investors? Google cuts hundreds of jobs in Assistant, engineering, and hardware teams. Citigroup’s profit is set to take $3.8 billion hit. (AI Video Summary) CPI on deck In tod...
7 months ago
Bitcoin ETFs given the green light
Most of these products are expected to start trading today, but the big question is what could it mean for Bitcoin? ETFs offer investors exposure to bitcoin without directly holding it. Earlier this week, analysts at Standard Chartered estimated ETFs coul...
7 months ago
Fake news drives Bitcoin close to $48k
A social media post announced the SEC had approved ETFs for Bitcoin. The message was sent to the SEC X account. Within minutes the SEC had deleted and disowned the information and said that 'as of Tuesday' it had not approved the BlackRock ETF application...
7 months ago
Market Insights Podcast – US inflation preview, bitcoin ETF announcement
OANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to look ahead to Thursday’s US inflation release and discuss the accidental bitcoin ETF announcement by the SEC on its “compromised” X account which was expected to be followed by an...
7 months ago
Bitcoin eyes all-time-high as crypto frenzy returns
Bitcoin and its companions are making a roaring comeback in 2024, with prices skyrocketing nearly 50% in the first two months. The king of crypto, Bitcoin, has climbed back to its November 2021 highs and is seemingly on track to mark an all-time high in M...
6 months ago
Coinbase’s 1Q earnings preview: Profitability expected for second straight quarter
When does Coinbase Inc report earnings? Coinbase is set to release its quarter one (Q1) 2024 financial results on 2 May 2024, after the US market closes. Source: Refinitiv Expectations are for Coinbase’s Q1 revenue to register a 71% year-on...
5 months ago
Bitcoin stumbles below $60k ahead of Fed
Bitcoin ↓ over 15% in April Crypto hit by “higher for longer” stance Fed meeting in focus 261.8 Fibonacci level key reference point RSI signals that prices are near oversold Could the party already be over for Bitcoin bulls? Well, the “OG” crypto ended...
5 months ago
Coinbase’s 2Q earnings preview: Another blowout quarter expected
When does Coinbase Inc report earnings? Coinbase is set to release its quarter two (Q2) 2024 financial results on 1 August 2024, after the US market closes. Coinbase’s 2Q 2024 results – what to expect Source: Refinitiv Expectations are for...
2 months ago
Share trading around the Oasis reunion: a speculative guide
Share trading around the Oasis reunion: a speculative guide The recent announcement of an Oasis reunion has sent shockwaves through the music industry and beyond. While the reunion itself is exciting news for fans, it also presents potential opportuni...
1 month ago
S&P 500 Momentum Report
FOMC meeting on watch ahead to settle debate around policy path Rate expectations for the Federal Reserve (Fed) policy outlook has undergone some wild swings lately, with the debate between a 25 basis point (bp) and 50 bp complicated by a mixed run of eco...
4 weeks ago
Geopolitical tensions ratcheting up in the Middle East. What’s next?
Overview Risk assets were spooked overnight, as geopolitical tensions were cast into the limelight with an attack on Israel by Iran. This is the second direct attack from Iran this year, with the latest move coming as a response to the killing of its Hezb...
2 weeks ago
Bitcoin (BTC/USD) Eyeing a Deeper Reversal as ETF Outflows Continue
Bitcoin’s price faces downward pressure amid global recession fears and ETF outflows. Short-term Bitcoin holders are feeling the pain, while long-term investors remain profitable. A deeper pullback is possible, with Bitcoin currently 22% below its all-ti...
1 day ago
Commodities Watch: Silver prices eyeing for another year-to-date high?
Round-up The past week has seen cocoa prices rise by 8.0% to top the performance table, as weather conditions are on the radar once more to cast some uncertainties on supplies. Heavy rains in West Africa have put some delay on harvesting efforts, while re...
8 hours ago