RAI Finance News
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2024
Oct / 15- US stocks rose on Monday with two major indexes clinching record closes as Nvidia (NVDA) led a risk-on rally in the market that permeated through most sectors and even into cryptocurrencies.
- Oct 15, 2024 at 04:50 am
- The S&P 500 (^GSPC) moved up nearly 0.8% to close at a fresh record after ending above 5,800 for the first time on Friday. The tech-heavy Nasdaq Composite (^IXIC) jumped nearly 0.9%.
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2024
Jun / 23 -
2024
May / 02- Bitcoin Plummets to Two-Month Low as Economic Turmoil and Fed Policy Weigh
- May 02, 2024 at 02:49 am
- Bitcoin and Ether prices saw a significant decline in early May due to macroeconomic concerns and the Federal Reserve's continued commitment to higher interest rates to combat inflation. Bitcoin reached a two-month low of $56.6K before recovering slightly to $58.6K, while Ether briefly fell but later gained by 0.8% to reach $2.99K. The U.S. central bank's decision to keep rates unchanged and ease quantitative tightening provided some relief, but analysts highlight concerns about waning liquidity in the U.S., which could negatively impact cryptocurrencies.
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2024
Apr / 30- Coinbase Insider Sells Big, Reflecting Market Jitters
- Apr 30, 2024 at 04:04 pm
- Coinbase Global insider Paul Grewal sold 10,000 shares of the company's stock on April 25th for a total of $2,214,700.00. Following the sale, Grewal now owns 66,122 shares of the company's stock, valued at $14,644,039.34.
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2024
Apr / 25- Central Bank Rate Decision and Earnings Bonanza to Dominate Upcoming Week
- Apr 25, 2024 at 08:01 pm
- Next week marks the transition between April and May, bringing forth significant market events. The Federal Reserve's interest rate decision takes center stage, accompanied by numerous employment data including the ADP report. A crowded earnings calendar features companies such as Apple, Amazon, and Starbucks reporting their financial results. Economic indicators for the week include the employment cost index, S&P Case-Shiller home price index, and consumer confidence data on Tuesday; ADP employment report and ISM manufacturing data on Wednesday; and jobs and unemployment reports on Friday.
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2024
Apr / 05- Ark Invest Trims Coinbase Stake Amid Market Volatility
- Apr 05, 2024 at 11:03 am
- On Thursday, Cathie Wood-led Ark Invest surprised the market by selling shares of Coinbase Global Inc. (COIN), despite the stock's positive performance. The sale, amounting to approximately $6.4 million, included 22,690 shares from Ark Fintech Innovation ETF (ARKK) and 2,972 shares from ARK Next Generation Internet ETF (ARKW). This move contradicts Oppenheimer's recent share price target increase for Coinbase, raising questions about Ark Invest's strategy.
- Ark Invest Dumps Coinbase Shares Amid Market Volatility
- Apr 05, 2024 at 11:03 am
- Cathie Wood's Ark Invest sold Coinbase shares despite the stock's rise on Thursday. The move surprised many as major cryptocurrencies traded mixed, with Bitcoin gaining and Ethereum dipping. Ark Fintech Innovation ETF (ARKF) sold 22,690 shares, while ARK Next Generation Internet ETF (ARKW) sold 2,972 shares, a trade valued at $6.4 million.
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Communtity feeds
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- Degen Boy 28 Nov 13, 2024 at 01:14 pm
Bro you $popcat Jeeters gonna learn soon, you don’t wanna mess with me You don’t wanna mess with a guy who punches metal… FOR FUN -
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- // Kadense° (🐧,🤍) Nov 13, 2024 at 01:13 pm
Pengu loves the excitement coming from the $BONK community lately and seeing 800K onchain holders get rewarded for their conviction There’s a lot more coming ahead. Have a feeling the fun is just beginning -
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- Base Captain Nov 13, 2024 at 01:10 pm
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- Friedrich🥷 Nov 13, 2024 at 12:58 pm
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