More than 800,000 ether (ETH) worth approximately $3 billion has left crypto exchanges since the United States Securities and Exchange Commission (SEC) approved the launch of spot Ethereum exchange-traded funds (ETF). According to a Quicktake by CryptoQuant analyst Burakkesmeci, the identities of the crypto investors behind the ETH moves remain unknown; however, there are speculations…
Signs that Claudia Sheinbaum will take office with a strong majority in Congress sent Mexican assets lower, as traders fear the incoming leader may have the legislative support to pass anti-market reforms. from Bloomberg Markets https://ift.tt/wu8hqBz
Nigeria experienced widespread power cuts on Monday after labor unions called a general strike, closing down the national grid and disrupting services at key airports in the West African nation. from Bloomberg Markets https://ift.tt/gCt57qa
The deal values the medical-waste-disposal company at $62 a share. https://www.wsj.com/articles/waste-management-near-deal-to-buy-stericycle-ed064421
Morocco plans to start derivatives trading this year as the kingdom expands capital markets to help finance a surge in infrastructure spending and preparations to co-host the football World Cup in 2030. from Bloomberg Markets https://ift.tt/Sv7imto
Saudi Arabia’s sovereign wealth fund is looking to tap international debt markets for a sterling-denominated bond sale as it seeks to diversify its funding sources and raise external capital to back the kingdom’s economic overhaul. from Bloomberg Markets https://ift.tt/vW6MhwZ
Ethereum’s price over the past hour has been $3,785 to $3,816, showing an intraday range between $3,746 and $3,837 in the last 24 hours. The crypto’s market capitalization today stands at $458 billion, with a 24-hour trade volume of $10.75 billion. Ethereum On the 1-hour chart, ethereum demonstrates strong support at $3,750 and resistance at…
Online fashion retailer Shein is preparing a confidential filing for an initial public offering in London, according to people familiar with the matter, moving forward with its listing plans ahead of a potential change in government in the UK. from Bloomberg Markets https://ift.tt/NuaJTDU
Xero, Singapore Telecommunications and more in the latest Market Talks covering Technology, Media and Telecom. https://www.wsj.com/articles/tech-media-telecom-roundup-market-talk-df4c52b5
Despite fears of copper shortages, China is proving that there’s still plenty of the industrial metal. Robusta coffee is enduring wild price swings as it chalks up three months of gains. And the US oil industry sees another big acquisition. from Bloomberg Markets https://ift.tt/LR0OP3x