Key takeaways MicroStrategy will likely be included in the Nasdaq-100 index pending its classification as a technology company. ETFs that track the Nasdaq-100 may be required to purchase MicroStrategy shares if included, affecting stock trading. Nasdaq is expected to announce…
Key takeaways MicroStrategy, Palantir Technologies and Axon Enterprise will join the Nasdaq-100 on December 23rd. MicroStrategy’s inclusion is expected to attract significant buying activity from ETFs that track the Nasdaq-100. The Nasdaq-100 Index will welcome MicroStrategy, Palantir Technologies and Axon…
Key takeaways The PENGU token dropped over 50% in value after its airdrop. The decline in the PENGU token also led to a sharp decline in the Pudgy Penguins NFT floor price. The PENGU token dropped by more than 50%…
Important takeaways The Fed is expected to cut interest rates by 25 basis points to a range of 4.25% to 4.5%. Increased market volatility is possible as the event looms. The Federal Reserve is scheduled to announce its rate decision…
Important takeaways The Bank of Japan kept interest rates at 0.25% for the third meeting in a row. Unchanged interest rates reflect close monitoring of domestic wage developments and US economic policy. The Bank of Japan (BOJ) kept interest rates…
Important takeaways Bitcoin price fell below $100,000 due to a hawkish Federal Reserve stance. Meme tokens experienced sharp declines during the market selloff. Bitcoin fell nearly 6% to trade below $100,000 amid a market-wide selloff after the Fed adopted a…
Important takeaways The Bank of England kept its interest rate at 4.75% as UK inflation rose to an eight-month high. Higher transport and housing costs are significant contributors to the recent rise in UK inflation. The Bank of England (BoE)…
Important takeaways Concern gripped crypto markets following the Fed’s surprisingly hawkish message following its rate cut decision. Despite the crash, Bitcoin has seen a 130% gain this year, as investors continue to accumulate. Leveraged liquidations across crypto assets surged to…
Important takeaways US Bitcoin ETFs experienced historic outflows with investors withdrawing $672 million in one day. Fidelity’s Bitcoin Fund led the outflows, followed by Grayscale and ARK Invest ETFs. US spot Bitcoin ETFs suffered their biggest one-day outflow ever amid…
Important takeaways HYPE exceeds a market cap of $10 billion and enters the top 25 coins by market capitalization. Hyperliquid’s HYPE token surges 20% in one day and hits a new record high of $30. Hyperliquid’s native token HYPE surpassed…
