Bets on more Ether gains are intensifying following a surprise US regulatory pivot toward allowing exchange-traded funds for the digital asset, even as questions swirl about the strength of demand for the products. from Bloomberg Markets https://ift.tt/mFuqEcx
Racer, a co-founder of Friend.tech – a socialfi network – has posted a bounty of $200K for anyone bringing an implementation allowing the migration of its platform off Base, the Coinbase incubated rollup Layer 2. Racer declared: “System design bounty: If you can figure out a way to migrate friendtech off of Base without causing…
European stocks were largely flat in a light trading day with markets in the UK and US closed for holidays. from Bloomberg Markets https://ift.tt/D2cWw7y
Filippo Gori, co-head of global banking at JPMorgan, on Thursday said Japan is “on fire” while India is “very in high demand.” https://www.cnbc.com/2024/05/24/jpmorgan-sees-india-japan-as-bright-spots-in-asias-equity-and-ma-markets.html
Bank of Japan Governor Kazuo Ueda and his deputy indicated there is scope for gradually raising interest rates now that the nation has shifted away from an inflation norm of 0%. from Bloomberg Markets https://ift.tt/9FsM5Ey
South Korea will likely be able to complete a system to detect illegal short selling in the first quarter of next year, Financial Supervisory Service Governor Lee Bokhyun said on Monday. from Bloomberg Markets https://ift.tt/UJZNhDn
“Bloomberg Markets: Asia” is the definitive guide to the markets in Hong Kong and on the mainland. Haslinda Amin brings you the latest news and analysis to get you ready for the trading day. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/fDBpXok
Passenger Paul Mocc told Irish broadcaster RTE that he saw “people hitting the roof” and food and drink flying everywhere.
Sweden’s outlook for financial stability has improved somewhat as inflation has slowed and the central bank has started to ease monetary policy, the country’s financial watchdog said. from Bloomberg Markets https://ift.tt/1wrORc3
TL;DR BTC experienced volatility last week but calmed and currently sits around $68,500, with some analysts forecasting new ATHs. Despite a brief drop, ETH has rebounded and is trading above $3,900, a 36% increase over two weeks. Analysts anticipate further rallies, especially if the asset maintains momentum above key levels. XRP may also head north,…