YAHOO FINANCE CHARTBOOK 32 charts that explain markets and the economy right now CCC - CoinMarketCap • USD Fuck Pepe USD (FKPEPE-USD) Follow 0.00000000 +0.00000000 (+3.88%) As of 4:41 PM UTC. Market Open. Data provided by Related Crypto News Crypto libertarians and Silicon Valley billionaires: The mashup fueling new support for Trump Donald Trump looks to solidify support from the crypto world with a speech before thousands of bitcoin enthusiasts in Nashville. June PCE inflation print, auto earnings: Morning Brief The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures (PCE) index, showed prices rising at its slowest rate in over three years while core PCE data came largely in-line with expectations. Seana Smith and Jared Blikre help investors start the day off right, highlighting the biggest market stories this morning as the three major averages (^DJI, ^IXIC, ^GSPC) digest the June PCE print. Bank of America Securities head of US economics Michael Gapen joins the program to shine a light on how the Fed may be looking at the June PCE data, alongside other recent inflation prints, in terms of its interest rate cut strategy. Bernstein senior analyst Daniel Roeska also sits down with The Morning Brief team to cover the auto industry's earnings performance this week, including Tesla (TSLA) and Stellantis (STLA). Other top trending tickers on the Yahoo Finance platform include the 3M Company (MMM), Deckers Outdoor (DECK), DexCom (DXCM), Norfolk Southern (NSC), and Coursera (COUR). This post was written by Luke Carberry Mogan. Is getting into crypto right for your portfolio? Bitcoin (BTC-USD) has gained steam in the days leading up to the Bitcoin 2024 conference in Nashville, Tennessee, where former President Donald Trump and Robert F. Kennedy, Jr. are scheduled to deliver speeches. Macanomics founder and Yahoo Finance contributor Ross Mac joins Wealth! to break down the basics of crypto investing and what investors new to the space need to know. Mac suggests starting with the ETFs associated with crypto before owning the asset itself, such as the spot bitcoin and spot ether ETF products approved by the Securities and Exchange Commission (SEC). "You don't got to be technologically advanced, as well as it's going to be less volatile. However, there are some cons: One being you don't actually own the underlying crypto. And owning the underlying crypto, you have seen the returns actually be better year to date," Mac explains "And another thing are their fees, right? There are fees associated with those management companies owning and buying the crypto for you. So if you're just trying to get your feet wet, maybe you can start with ETFs. But at some point I would like for that person to actually buy the underlying crypto." Catch more of Ross Mac as the host of the Yahoo Finance series Financial Freestyle with Ross Mac For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino Stablecoin Default Guarantees Pose Risks to the Issuing Banks, Swiss Regulator Says FINMA's guidance explains how banks can limit the risks associated with guaranteeing stablecoin customers' deposits. Trump to speak at bitcoin conference: What to expect Bitcoin (BTC-USD) is jumping by nearly 5% — the price hovering over $67,000 — on Friday as crypto markets anticipate gains over the weekend as former President Donald Trump and Robert F. Kennedy, Jr. are set to speak at the Bitcoin 2024 Conference in Nashville, Tennessee. Yahoo Finance senior reporter David Hollerith joins Morning Brief to break down what to expect from Trump's speech and what it could indicate about his regulatory agenda for cryptocurrencies ahead of the 2024 election, as well as what the crypto community is thinking about Vice President Kamala Harris's 2024 presidential run. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino CoinDesk 20 Performance Update: RNDR's 12% Gain Leads as Index Rebounds CoinDesk 20 Index jumped 4.4% fueled by RNDR's 12.6% rise and NEAR's 7.7% gain." June PCE, Trump at crypto conference, Apple: 3 Things Stock futures (^DJI, ^IXIC, ^GSPC) are gleefully in the green after the Personal Consumption Expenditures (PCE) index saw — the Federal Reserve's preferred inflation gauge — saw prices rose at the slowest pace in over three years. Republican presidential nominee Donald Trump will be speaking at a bitcoin conference in Nashville, TN, on Saturday. Reports have indicated that as Apple's (AAPL) iPhone sales continue to decline in China, Apple's standing in the region has fallen out as one of the top five smartphone makers. 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. First Mover Americas: Bitcoin Regains $67,000, Adds Nearly 5% in 24 Hours The latest price moves in bitcoin (BTC) and crypto markets in context for July 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Elon Musk’s X Quietly Removes Bitcoin, MAGA Emojis From Hashtags Logos for several tokens started to first appear on X, previously Twitter, in 2020, as a step to improve brand adoption and recall on the internet. Kamala Harris has a golden opportunity to pull Silicon Valley away from Trump and Vance Vice President Kamala Harris is gaining momentum in the 2024 election with endorsements from tech leaders and significant campaign donations. $GREED 2.0: A New Lesson in Crypto Avarice That Might Also Enrich the People It Dupes Last year, a social experiment called $GREED aimed to teach crypto enthusiasts a lesson, tricking them into tweeting an embarrassing message. Throwing money at the wall and reason out the window, they let greed get the best of them. In less than a year, speculators' memecoin greed prompted them to once again trade their good judgment for too-good-to-be-true returns. Jito Releases Open-Source Restaking Service for Solana The yet-to-implemented codebase allows any Solana-based protocol to use any asset for its economic security. Crypto for Advisors: Making Sense of Crypto As the momentum of the crypto and blockchain industry continues to grow, securities advisors are undoubtedly facing a greater number of questions from clients about specific crypto assets and the projects which underlie them. Evaluating these projects requires a thorough understanding of several crucial factors to ensure informed investment decisions. CoinDesk 20 Performance Update: Broad-Based Decline Hits All 20 Assets, Sending Index Lower by 4.4% The CoinDesk 20 fell nearly 100 points in overnight trading, with all assets in the red, including a 6.6% drop in ETH. 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 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 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. CoinDesk 20 Performance Update: XRP and NEAR Help Push Index Upward XRP and NEAR lead today's CoinDesk 20 gains with 5.6% and 3.3% increases
