YAHOO FINANCE CHARTBOOK 32 charts that explain markets and the economy right now CCC - CoinMarketCap • USD Bitcoin USD (BTC-USD) Follow 64,190.58 -1,681.13 (-2.55%) As of 3:00 AM UTC. Market Open. Data provided by All News Ethereum vs. the spot etheruem ETF : What's the difference? Spot ether ETFs launched Tuesday, attracting over $1 billion in inflows on their debut day. ETF Expert Dave Nadig joins Wealth! to discuss the key differences between the ETF and the actual cryptocurrency. Nadig highlights that the primary distinction between ethereum (ETH-USD) and spot ether ETFs lies in "staking." He explains that SEC regulations for approval prohibited ETFs from participating in staking, meaning "you're not getting the yield you would get if you were a long-term buy and hold Eth[ereum] holder on chain." Despite this difference, Nadig encourages investors to maintain diversification within the crypto space. He views the spot ether and bitcoin ETFs as "the beginning of a diversified play" in the cryptocurrency market. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith Spot ether ETFs, copper, oil prices: Commodity Check Spot ether ETFs have reportedly accrued $10.2 billion in assets across just nine funds since firms began trading the ethereum-exposed (ETH-USD) products on Tuesday. Jared Blikre takes a look at cryptocurrency trends before turning his attention to the commodities space, including copper (HG=F) and crude oil (CL=F, BZ=F) prices. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan. Sygnum's First-Half Spot Crypto Trading Doubles, Derivatives Increase 500% The surging trading volumes helped the bank reach profitability for the first time. Nobel Laureate on Musk, new home sales fall short: Wealth! Tesla's (TSLA) stock is sliding after posting mixed second-quarter results and CEO Elon Musk touted affordable EV models were on their way for 2025 in the earnings call on Tuesday. US new home sales fell short of economist expectations for June, revealing a 0.6% decline instead of the anticipated 3.4% increase. This downturn highlights the ongoing challenges in the housing market, where potential homebuyers continue to grapple with high mortgage rates, affordability issues, and limited inventory. Small caps outperformed Big Tech in the last month as the Russell 2000 (^RUT) rose over 10%. Portfolio Wealth Advisors president and CIO Lee Munson joined the show to break down the movements and the disappointment in Big Tech earnings. Google (GOOG, GOOGL) has backtracked on its pledge to eliminate third-party cookies on its Chrome browser after receiving pushback from advertisers. Microsoft (MSFT) released a new Surface laptop powered by Qualcomm's (QCOM) new AI chip. The laptop allows users to interface with new AI features that can help with a myriad of needs. Yahoo Finance tech editor Dan Howley joined Wealth! to give insights into Microsoft's fresh line of AI laptops and what it has to offer. Spot ether ETFs, based on ethereum (ETH-USD), launched Tuesday, attracting over $1 billion in inflows on their debut day. ETF Expert Dave Nadig joined Wealth! to discuss the key differences between the ETF and the actual cryptocurrency. Tesla CEO Elon Musk has voiced his support for former President Donald Trump, who on the campaign trail has made comments about rolling back tax credit incentives and policies for electric vehicles. New York Times Opinion Columnist and Nobel Laureate Paul Krugman joined Wealth! to give insight into Musk, his leadership, his support of Trump, the current political landscape. For more expert insight and the latest market action, click here. This post was written by Nicholas Jacobino Dispersion Is Defining the Current Crypto Market The range of returns available across digital asset markets offers unique opportunities for investors, says Alex Botte, Partner at Hack VC, a crypto-native venture capital firm. Ether ETFs Drew $107 Million in Net Inflows on Their First Day The new spot ether exchange-traded funds drew $107 million of net inflows on their first day of trading Tuesday, a sign of relatively strong demand, according to Bloomberg data. Measured by inflows, the top-performing fund was BlackRock’s iShares Ethereum Trust ETF, attracting $267 million. It was followed by the Bitwise Ethereum ETF, with $204 million in inflows, and the Fidelity Ethereum Fund, with $71.3 million. Ether's BTC-Denominated Price Flirts With 9-Year-Long Trendline Support: Technical Analysis The trendline connecting 2016 and 2017 lows has consistently offered support since January. Bitcoin Price Rises. Why Donald Trump Could Give Cryptos a Boost. The former president could boost digital assets when he speaks Saturday at the Bitcoin Conference in Nashville. The conference begins Thursday. Spot Ether ETFs Trading Volume Cross $360 Million in First Hour and Half The first batch of U.S. spot ether exchange-traded funds crossed $360 million in trading volume in their first 90 minutes of trading, according to Bloomberg data. Grayscale Investments, BlackRock and Bitwise Asset Management are the winners so far. + The Grayscale Ethereum Trust, which launched with over $9 billion in assets after converting into an ETF, led the pack with about $148 million in trading volume. Spot ether ETFs begin trading on Tuesday: Crypto Check Cryptocurrency ethereum (ETH-USD) is getting the slightest bump higher Tuesday morning after spot ether ETFs begin trading. The Securities and Exchange Commission (SEC) gave the green light to money managers on Monday to begin trading these crypto-exposed products. Jared Blikre monitors the moves in the fresh spot ether ETF offerings. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan. Kamala Harris Memecoin Sets New Highs as Her Nominee Odds Surge to 90% Harris has been endorsed by incumbent Joe Biden for the upcoming U.S. presidential elections, and some traders are betting on her ascent with meme tokens and prediction markets. Bitcoin Nears $66K as Mt. Gox Moves $130M to Bitstamp The defunct crypto exchange shuffled over $2.5 billion between wallets, some of which was sent to crypto exchange Bitstamp. Ether ETFs to start trading after SEC green light: Money managers BlackRock, Fidelity, and other big money managers said they got the final approval from regulators to start offering ether ETFs to everyday investors. Ethereum ETFs Approved by SEC, Bringing Popular Funds to Second-Largest Cryptocurrency U.S. regulators have given final approval for spot exchange-traded funds that hold Ethereum's ether {{ETH}}, giving Americans access to a second major cryptocurrency via the easy-to-trade vehicles. The decision caps a years-long process to get ether ETFs approved by the Securities and Exchange Commission and follows the regulator's approval of bitcoin {{BTC}} ETFs in January. Packaging ether in an ETF wrapper could make them more palatable to conventional investors since the funds can be bought and sold through traditional brokerage accounts. Swan Bitcoin Drops IPO Plan, Cuts Staff and Will Shut Managed Mining Unit Bitcoin financial services firm Swan Bitcoin pulled its plan to take the company public, discontinued its managed mining unit and cut staff across several units. Swan CEO Cory Klippsten said in a social media post that the company will still offer bitcoin {{BTC}} financial services and free bitcoin education. Crypto surges on political respect as Donald Trump courts bitcoin enthusiasts The price of bitcoin surged above $68,000 as investors got more hyped about several developments, including a stamp of approval from former President Donald Trump. Taking Profits on Bitcoin Ahead of Trump Conference Appearance Could Be 'Expensive Exercise': Analyst Traders could be forgiven for wanting to cash in after bitcoin's {{BTC}} quick rise of more than 20% to the current $67,000 from its early July lows, but another possibly major positive catalyst might be just days away, said 10x Research founder Markus Thielen. Biden drops out, backs Kamala Harris: 6 hot takes for investors President Biden stunned the world by announcing he will not seek re-election. He also announced that he will be supporting Vice President Kamala Harris as his replacement on the Democratic ticket. But not everyone in the Democratic party has anointed Harris as the torchbearer, with former President Obama staying on the sidelines with his endorsement. As if presidential election season wasn’t already chaos for investors, so begins a leap into the great unknown in terms of trading and long-term wealth building. Yahoo Finance Executive Editor Brian Sozzi and Washington correspondent Ben Werschkul serve up some of the top takeaways for investors now that the presidential election landscape has been totally upended. For more expert insight and the latest market action, click here. Bitcoin Price Rises After Biden Quits Race. What Kamala Harris Could Mean for Crypto. Trump is considered favorable to the sector and is scheduled to speak at conference for the largest cryptocurrency in Nashville later this week. HNT Token Beats Bitcoin With 40% Surge as Helium Mobile's Subscriber Count Tops 100K HNT is the second-best performing token of the past seven days.
