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Bloomberg ETF Analyst: XRP, LINK Spot ETFs Expected to Launch Within This Week

2 hours ago

On November 24th, Bloomberg ETF analyst Eric Balchunas took to social media and stated that there would be five physically-backed cryptocurrency ETFs commencing in the following six days. Apart from Grayscale's GDOG, there would be Grayscale and Franklin's XRP Spot ETF, Bitwise's Dogecoin ETF, and Grayscale's LINK Spot ETF. The exact figures are currently not available, but it is anticipated that more than 100 cryptocurrency ETFs will be introduced within the next six months.
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Alphabet (GOOG) Rises to Touch $317.75, Reaching an All-Time High

On November 24th, based on market data, the stock price of Alphabet, the parent company of Google (GOOG), rose to $317.75, reaching a new all-time high, with a daily increase of 5.63%.

8 minutes ago

U.S. Stock Market Open Sees Increased Bitcoin Volatility, With a Approximately 1.3% Drop in the Past 15 Minutes

On November 24th, based on market data, after the U.S. stock market opened, the volatility of Bitcoin intensified. It rose to $86,660 within 5 minutes and then dropped by about 1.3% in the past 15 minutes. It is now trading at $85,594.

8 minutes ago

MON Pre-Farming Contracts on Binance will be converted to Standard Contracts

On November 24th, as per official information, the pre-market contract of Monad (MON) on Binance is set to be converted into a standard perpetual contract. The transition period could last up to 3 hours. The length of this transition hinges on price fluctuations and the stability of the index price. During this transition period, trading functionality will remain unaffected, and outstanding orders and positions will not be cancelled.

8 minutes ago

MON Pulls Back on Coinbase to Public Sale Price Level of $0.025

On November 24th, according to market data, the price of MON on Coinbase once plummeted sharply to $0.0205 and has now rebounded back to the level of the public sale price, which is $0.025. It has experienced a rapid 22% increase within less than 10 minutes.

8 minutes ago

US Stocks Rise in Early Trading, Crypto Stocks Gain, COIN Up 2.57%

On November 24th, according to market data, the US stock market witnessed a morning rally. The Nasdaq rose by more than 1.5%, and the gain of the S&P 500 index expanded to 1%. Cryptocurrency-related stocks also showed an upward trend, including: Coinbase (COIN) increased by 2.57%. Circle (CRCL) rose by 0.7%. MicroStrategy (MSTR) went up by 0.04%. Bullish (BLSH) advanced by 1.04%. Bitmine (BMNR) increased by 6.19%. SharpLink Gaming (SBET) rose by 1.79%. BTCS (BTCS) went up by 4.68%. BNB Network Company (BNC) rose by 1.52%. ALT5 Sigma (ALTS) increased by 3.22%. American Bitcoin (ABTC) went up by 0.68%.

8 minutes ago

UBS: Fed's Next Meeting Timing 'Awkward,' Not Ruled Out Delaying Meeting for Data

November 24th. UBS noted that when it comes to the scheduling of the Fed's next meeting in December, there is a previous "awkward" situation: the December FOMC meeting will take place prior to the release of two crucial employment reports, which are precisely the core data that determine whether to cut interest rates. This has led the market to begin discussing a possibility: whether the Fed will postpone its scheduled December 10th meeting by one week so that it can have the critical employment data before making a decision. Looking back, adjusting meeting times is not an unprecedented occurrence. In 1971 and 1974, the Fed postponed meetings due to special circumstances. From a regulatory perspective, the Federal Reserve Act only mandates that the FOMC convene at least four times a year and does not have rigid rules regarding date adjustments. UBS pointed out that in history, a single employment report has been sufficient to change the direction of monetary policy. This time, howeve

8 minutes ago