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BlackRock’s Ethereum spot ETF listed on DTCC under ticker $ETHA

BlackRock’s Ethereum spot ETF listed on DTCC under ticker $ETHA

BlackRock’s spot Ethereum ETF has been listed on the Depository Trust and Clearing Corporation (DTCC) with the ticker symbol $ETHA. The listing follows the US Securities and Exchange Commission’s (SEC) approval of eight spot Ethereum exchange-traded funds (ETFs).BlackRock’s spot Ethereum ETF on DTCCThe SEC filings list eight Ethereum ETFs from VanEck, Fidelity, Franklin, Grayscale, Bitwise, […]
Current Analysis: Volvo AB

Current Analysis: Volvo AB

Image Source: PixabayVolvo AB (VLVLY) derives prosperity from transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing, and services that increase the customers’ uptime and productivity.Its five working segments are (1) Trucks, (2) Construction Equipment, (3) Buses, (4) Volvo Penta, and (5) Group Functions & Other.The company offers […]
GBP/USD Loses Its Recovery Momentum Below 1.2700, Eyes On UK Retail Sales

GBP/USD Loses Its Recovery Momentum Below 1.2700, Eyes On UK Retail Sales

Image Source: Pixabay GBP/USD weakens to 1.2695 on the firmer USD on Friday.  The US PMI accelerated to the highest level in just over two years in May.  The UK inflation data dashed hopes of BoE rate cuts in June.  The GBP/USD pair loses its recovery momentum near 1.2695 during the early Asian session on Friday. […]
EUR/USD Slips Further Back On Thursday As Rate Cut Hopes Dry Up

EUR/USD Slips Further Back On Thursday As Rate Cut Hopes Dry Up

Image Source: Pixabay EUR/USD eases lower as risk-off flows bolster the Greenback. A spike in US Services PMIs reignite fears of sticky inflation. Fed rate cut hopes hinging in easing services inflation stumble. EUR/USD headed lower on Thursday, driven closer to the 1.0800 handle after an unexpected upswing in US Services Purchasing Managers Index (PMI) figures sparked […]
AUD/USD Tumbles To Six-Day Low And Hovers Around 0.6600

AUD/USD Tumbles To Six-Day Low And Hovers Around 0.6600

Image Source: Unsplash AUD/USD falls 0.20% to 0.6605, continuing its third day of losses. US economic resurgence evident with S&P Global Composite PMI at a 12-month high of 54.4. Strong US Services PMI at 54.8 and Manufacturing PMI at 50.9 dampen hopes for a Fed rate cut. The Australian Dollar lost 0.20% against the US Dollar […]
Markets Take Profits Ahead Of Long Weekend

Markets Take Profits Ahead Of Long Weekend

Image Source: UnsplashMarket participants took the opportunity to cash in a few chips today. We’re just one trading day out from Memorial Day weekend, which brings us to unofficial summer and the lower trading volume that often takes place over this period of time. The Dow, S&P 500 and the small-cap Russell 2000 are all now […]
Nvidia Earnings: AI-Boom Remains Robust

Nvidia Earnings: AI-Boom Remains Robust

Image Source: PixabayArtificial intelligence (AI) is Wall Street’s new obsession, with companies discussing the technology in a snowballing fashion and helping keep market sentiment positive. The robust quarterly results we’ve received from NVIDIA (NVDA – Free Report) over the last year have added further fuel to the fire, with the company flexing the scorching-hot demand it’s been witnessing […]
Zeta Markets unveils appchain ZX built on Solana infrastructure

Zeta Markets unveils appchain ZX built on Solana infrastructure

Derivatives decentralized exchange Zeta Markets today announced the launch of Zeta X (ZX), a layer-2 solution aimed at transforming decentralized derivatives trading. According to the announcement, the blockchain will be launched in early 2025. “Our goal with Zeta X is to redefine the performance standards of decentralized trading. It is Zeta Markets’ next milestone to […]
Stretched Risk Indicators Leave Investors Prone To Even Mildly Bad News

Stretched Risk Indicators Leave Investors Prone To Even Mildly Bad News

Image Source: PexelsStocks and bonds retreated after data indicated that US business activity accelerated alongside a rise in inflation, reinforcing expectations that the Federal Reserve will maintain its current policy stance.Following a solid performance by Nvidia (NVDA) and stretched market positioning, investors were particularly vulnerable to negative news. The S&P Global US PMIs release delivered just that, […]
About My Buy Alert On NVDA Before Earnings

About My Buy Alert On NVDA Before Earnings

Image Source: Pexels I’m sure by now you’ve seen a headline or two about Nvidia’s latest earnings, and their massive beat. The company reported a 600% profit explosion, largely due to AI-driven segments of their business. In response, the stock gapped up and is now trading at new all-time highs. The company is now worth more than […]