One thing notably missing from the market's fresh euphoria is another surge in crypto
The rally, which has left the S&P 500 SPX up 15.3% for the year, and the Nasdaq Composite COMP up 29.5%, is throwing up the kind of stats to give technically-focused bears severe conniptions.
There’s also bulls’ seemingly heretical — some may argue ultimately suicidal — dismissal of the market law ‘Thou Shall Not Fight The Fed’ as they challenge the central bank’s interest rate projections. “You throw cash into this product and pay fees to underperform bitcoin in the long-run. The only difference with BlackRock’s trust seems to be that you can take the bitcoin in-kind if you wish,” he said.
“It is not clear when the Ripple vs SEC case will come to a conclusion…[but] the revelations from the “Hinman documents “ boost the ethereum case to avoid being designated as [a] security,” JPMorgan concludes.Markets U.S. stock-index futures ES00 YM00 NQ00 are up, while benchmark Treasury yields TMUBMUSD10Y firm. The dollar DXY is little changed after Thursday’s sharp fall, while oil prices CL.1 dip and gold GC00 is a touch higher.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
BlackRock takes giant leap toward spot bitcoin ETF with SEC filingBlackRock took giant leap toward a spot bitcoin ETF, filing a registration statement with the U.S. Securities and Exchange Commission on Thursday.
Leer más »
Mercedes Vision One-Eleven Is A Futuristic EV Hypercar With One Eye On the Past | CarscoopsVision One-Eleven concept is inspired by Mercedes C111 prototypes of the '60s and ‘70s and features lightweight axial-flux electric motors car auto cars
Leer más »
BlackRock files for spot bitcoin ETF, with Coinbase as a crypto custodianThe firm filed an application with the Securities and Exchange Commission to launch the iShares Bitcoin Trust.
Leer más »
BlackRock's iShares Files Paperwork for Spot Bitcoin ETFBREAKING: Investment giant BlackRock filed for bitcoin ETF trust, confirming CoinDesk's earlier report. SteveAlpher reports
Leer más »
Bitcoin climbs as BlackRock files for ETF backed by the cryptocurrencyBitcoin rises after BlackRock, the world’s largest asset manager, files an application for an exchange-traded fund backed by the cryptocurrency.
Leer más »