Financial News

Gasoline inventories increased by 0.9 million barrels from the previous week.

Grayscale Investments withdraws its Ether futures ETF application ahead of SEC decision, leaving the fate of spot Ethereum price hanging in the balance.

Binance CEO Richard Teng says the Nigerian government has made a “dangerous precedent” for all companies worldwide following the detention of the exchange’s two employees. The arrest of two mid-level employees following their invitation to collaborate on policy meetings in Nigeria sets a “dangerous new precedent for all companies worldwide,” Binance CEO Richard Teng

Industrial production woes returned in Germany: consumer goods and energy sectors were hit hardest in March.

Grayscale’s Bitcoin Trust (GBTC) experienced a second consecutive day of net inflows, marking a remarkable turnaround from a $17.5B outflow streak.

Disney’s strategic focus on streamlining its streaming operations and enhancing its experiences sector may boost the stock’s short-term outlook.

RBA Governor Michele Bullock discussed tight labor market conditions, weak consumption, immigration, and the upcoming budget at the press conference.

XRP price is poised to rally above $1,000 according to an Analysts’ liquidity sheet factoring in a daily cross-border payment volume of $1 trillion.

Shiba Inu (SHIB) has continued to attract the attention of crypto traders in India as it became the most traded coin on WazirX exchange for April 2024.

FOMC member commentary, economic indicators from China, and key stats from Germany and Japan will warrant investor attention in the week ahead.

The BTC-spot ETF market tested buyer demand for BTC, while XRP trended upwards amidst court filings from the SEC and Ripple.

Shiba Inu (SHIB) price surge 20% within the daily timeframe on Friday May 3, as market reacted to a landmark Paypal integration.

The index indicated contraction after 15 consecutive months of growth.

The U.S. labor market displayed signs of cooling in April, with job growth falling short of expectations and the unemployment rate inching higher.

Apple’s Q2 EPS of $1.53 beats forecasts, share buyback and dividend hike boost shares; CEO Cook optimistic despite sales issues.

Natural gas market is trying to form a bottom as traders bet on a rebound.

Market outlook positive with stable jobs, rising costs, and a slight trade deficit improvement hinting at balanced growth.

Changpeng Zhao, the Binance Founder/ ex-CEO, was sentenced on Tuesday, April 30 to four months in prison after pleading guilty to violating US money-laundering laws.

Fed noted that there has been a lack of progress towards its 2% inflation target in recent months.

JOLTs Job Openings declined to 8.49 million in March, missing analyst expectations.