Markets are further dialing back expectations for another interest rate cut this year after the Bureau of Labor Statistics said it won’t release jobs data for October and the November report will be delayed until after the Federal Reserve’s December. Traders on the Chicago Mercantile… Read More
Tesla has launched a rental program letting customers drive one of its cars for three to seven days starting at just $60 per day, plus taxes and fees. The deal comes with perks like unlimited mileage, free Supercharging, and access to Full Self-Driving (Supervised) while… Read More
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$102,785.08 briefly slipped below $100,000 for the first time since June as a wave of liquidations and shifting macro expectations triggered a broad crypto sell-off. The leading cryptocurrency is now down more than 20% from… Read More
Bitcoin BTC$111,502.81 has rallied past $110,000, led by renewed optimism about the U.S.-China trade relations. The bounce means BTC is now trading at levels where market makers could add to price turbulence ahead of Friday’s multi-billion dollar options expiry. Data from the Deribit-listed options market,… Read More
The U.S.-listed crypto exchange-traded funds (ETFs) bled money Thursday, snapping a two-week streak of consistent inflows. The 11 bitcoin BTC$107,158.67 ETFs registered a net outflow of $536.4 million as investors pulled out $56.8 million from ether ETFs. Data curated by SoSoValue shows BlackRock’s iShares Bitcoin… Read More
