HNT Continues Outperformance as Offload Data Grows, Stacks Begins Nakamoto Upgrade
Reports you may have missed
MARKET UPDATE U.S. EQUITIES ARE RELATIVELY FLAT ON THE FINAL DAY OF TRADING FOR AUGUST, WITH THE ^SPX 0.91% OSCILLATING AROUND $5,600 AND THE NDQ TRADING NEAR $19,400. Rates and the dollar are gaining today despite PCE and Consumer Confidence data providing more assurance that inflation is receding. Crypto is underperforming, with BTC -0.87% falling to $58.5k and ETH -1.14% at $2,450, as ETF flows and spot volumes have been muted this week....
MARKET UPDATE U.S. EQUITIES ARE DECLINING AHEAD OF NVIDIA EARNINGS LATER TODAY, WITH THE SPY 0.91% DECREASING TO $558.53, WHILE THE NVIDIA-HEAVY QQQ 1.15% HAS DROPPED TO $472.20. The crypto market has suffered from large amounts of liquidations over the last 24 hours, totaling over $355 million as yesterday evening, BTC -0.87% fell swiftly from $62k down to $58k while ETH -1.14% made a similar move, falling from $2.6k to $2.4k in less than...
CRYPTO MARKET UPDATE Despite a $200 million inflow into BTC ETFs yesterday, crypto prices have declined over the past 24 hours. BTC -0.87% has fallen back below $62K, ETH -1.14% is under $2,600, and SOL -2.70% is just below $155. Only a few coins are in the green today, including TON 21.16% , rebounding from its recent selloff, MKR -1.32% , following its major rebrand announcement, and STX 0.10% , likely benefiting from the ongoing activation of the Nakamoto...
MARKET UPDATE CRYPTO MARKETS EXTENDED LAST WEEK’S RALLY OVER THE WEEKEND, WITH BTC -0.87% BRIEFLY RISING ABOVE $65K AND ETH -1.14% ABOVE $2.8K. They have trimmed some of their gains, with Bitcoin trading at $63.3k and Ethereum slightly above $2.7k. AI-related tokens have been outperforming ahead of Nvidia earnings set for this Wednesday. FET -5.02% , RNDR, and AKT -4.56% have gained 69%, 38%, and 25%, respectively over the last seven days. U.S. equities are...
