• Nov 25, 2024

‘UltraShort’ bitcoin ETF draws record inflows as rally stalls

(Bloomberg) -- A fund giving investors a way to turbocharge bets against Bitcoin notched its highest daily inflow in a sign that some investors consider the rally unleashed by Donald Trump’s election to the White House overdone.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC's Underground Steam System May Be Key to a Greener FutureNYC Gets Historic Push for 80,000 Homes With $5

  • Nov 25, 2024

Can Dogecoin Reach $1?

Dogecoin is heading toward its record high of $0.73 from 2021, following President-elect Trump's win and Elon Musk's role in the incoming administration.

  • Nov 25, 2024

Oil falls more than $2 a barrel on possible Middle East peace deal

HOUSTON (Reuters) -Oil prices fell more than $2 a barrel on Monday after multiple reports that Israel and Lebanon had agreed to the terms of a deal to end the Israel-Hezbollah conflict, citing unnamed senior U.S. officials. Israel said on Monday it is moving toward a ceasefire in the war with Hezbollah but there are still issues to address, while Lebanese officials voiced guarded optimism but said Israeli Prime Minister Benjamin Netanyahu was not to be trusted. "It seems the news of a ceasefire between Israel and Lebanon is behind the price drop, though no supply has been disrupted due to the conflict between the two countries and the risk premium in oil has been low already before the latest price decline," said Giovanni Staunovo of UBS.

  • Nov 25, 2024

Oil Drops as Israel Moves Closer to Cease-Fire With Hezbollah

(Bloomberg) -- Oil dropped as light pre-holiday trading exacerbated signs of diminishing risks from the conflict in the Middle East.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC's Underground Steam System May Be Key to a Greener FutureNYC Gets Historic Push for 80,000 Homes With $5 Billion PledgeWest Texas Intermediate shed 3.2% to settle below $69 a barrel. The Israeli ambas