Ether Price Drops After Spot ETF Debut
The native token of the Ethereum network, trades 3 % lower than its level on the first day of spot ether ETF trading in the United States. The slide traces to the Grayscale Ethereum Trust, a closed end fund that converted into an ETF on the same date. Holders of the legacy vehicle pay an […]
Timeline of U.S. Stock Market Crashes
A stock market crash begins with a slow rise in prices - collapses in hours. Economists trace the collapse to leverage, fraud, or policy errors. The decisive element remains panic - a nineteenth century term for the instant when traders stampede for the exits. Prices plummet. Household savings evaporate. A crash occurs when a broad […]
Core Scientific Price Levels to Track After CoreWeave Bid Report
Core Scientific shares surged this week on news that Nvidia-backed CoreWeave negotiates a takeover of the Bitcoin mining and hosting provider. The stock completed a six month cup-and-handle base - broke above the pattern's upper boundary during Thursday's session. The first resistance cluster aligns with the November peak at $18.65. A close above that level […]
Five Pre-Market Observations
U.S. equity index futures held steady after yesterday's rally that followed reports of a cease fire between Iran but also Israel. The Nasdaq Composite closed at an all time high. FedEx shares surged after the company reported fourth quarter profit that exceeded analyst projections and raised its revenue forecast for the new fiscal year. Crude-oil […]