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Shiba Inu Traders Withdraw 204 Billion SHIB Amid Sharp Drop In Futures Activity
Traders pulled over 204 billion SHIB tokens off exchanges in a single day, a 3.6% jump from the day before, even as demand for Shiba Inu futures contracts slid sharply. Related Reading: Bitcoin’s 4-Year Rhythm Is Still Playing Out, Says Crypto CEO Futures Flow Turns Negative Data from Coinglass show...NewsBTC
Fri, May 29
Stocks
SG Morning Brief | S&P, Nasdaq Hit Records Despite PCE at Three-Year High; Core Inflation Cooler Than Feared
US OvernightThe S&P 500 rose 0.58% to a record 7,563.63, and the Nasdaq surged 0.91% to a record 26,917.47. The Dow edged up 0.05% to 50,668.97. Markets rallied despite the headline PCE inflation gauge hitting a three-year high. April headline PCE rose 0.4% MoM (below the 0.5% estimate) and 3.8% YoY...Longport
Fri, May 29
Economic Indicator
US Vice President JD Vance says US ‘not there yet’ on an Iran deal
US Vice President JD Vance said that Washington was “not there yet” with Iran but he said the parties were close, the Guardian reported on Thursday. JD Vance added that the US was in a position where it could substantially set back Tehran’s nuclear program.Fxstreet
Fri, May 29
Forex
Euro edges higher above 1.1650 on tentative US-Iran ceasefire progress
The EUR/USD pair posts modest gains near 1.1655 during the early Asian session on Friday. The Euro (EUR) strengthens against the US Dollar (USD) after reports that the United States (US) and Iran had reached an agreement to extend a ceasefire.
Fxstreet
Fri, May 29
Stocks
Elastic Shares Sink on Weaker-Than-Expected Q1 Earnings Guidance
Elastic reported fourth quarter results that exceeded analyst expectations, but shares sank 9.7% as the company’s first quarter earnings guidance disappointed investors.The search and data analytics company posted adjusted earnings per share of $0.61 for the fourth quarter ended April 30, 2026, beat...Tiger News
Fri, May 29
Cryptocurrencies
AI job cuts hit Wix as CEO cuts 20% of workforce after Q1 earnings miss
Wix CEO Avishai Abrahami told employees on Wednesday the company is cutting roughly 20% of its workforce, eliminating about 1,000 positions in the largest layoff in the company’s history. The Israel-based company operates a platform that lets people and businesses build websites without writing code. He posted the announcement on X (formerly Twitter) and LinkedIn...Cryptopolitan
Fri, May 29
Cryptocurrencies
June Deadline Looms For Crypto Firms—France Warns Of Blacklists And Lawsuits
France’s top markets regulator is issuing increasingly direct warnings to crypto firms ahead of a fast-approaching European Union (EU) deadline for licensing, Reuters reported on Thursday. Under the EU’s Markets in Crypto-Assets (MiCA) framework, crypto rules are tightening across the European Union...Bitcoinist
Fri, May 29
Cryptocurrencies
Bitcoin Bearish Flag Goes Up As Expert Analyst Predicts A Massive Crash To $44,000
Bitcoin’s anticipated recovery above is looking increasingly bleak due to the formation of a bearish flag. The leading cryptocurrency has fallen further below $74,000 in the past 24 hours, and one analyst believes the latest move is only another stage in a much larger decline. Bitcoin is curre...NewsBTC
Fri, May 29
Economic Indicator
RBNZ's Silk: Interest rates not needing hike yet, but inflation pressures rising soon
Reserve Bank of New Zealand (RBNZ) Assistant Governor Karen Silk said that the central bank is yet to see medium-term inflation pressures emerge, but it’s prepared to respond aggressively if they appear, Bloomberg reported on Friday.
Fxstreet
Thu, May 28
Stocks
NetApp Shares Jump on Earnings Beat and Strong Guidance
NetApp reported fourth quarter results that exceeded Wall Street expectations and issued guidance well above analyst estimates, sending shares up 13.5% in after-hours trading Thursday.The data infrastructure company posted adjusted earnings per share of $2.43 for the fourth quarter of fiscal 2026, b...Tiger News
Thu, May 28
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