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Coinbase Stock Plummets in Largest Single-Day Drop in Two Years After Earnings Miss
ETF tracking | Volatility double long ETF rose by 16%; Leveraged long ETF for super micro computer plummeted over 70% in two days
On Thursday, October 31, the three major stock indexes in the United States all fell. The s&p 500 index closed down 108.22 points, a decrease of 1.86%, to 5705.45 points. The October cumulative decline was 0.99, ending the continuous rise since May. The dow jones industrial average fell 378.08 points, a decrease of 0.90%, to 41763.46 points. The October cumulative decline was 1.34%, ending the uptrend since May. The nasdaq composite index, mainly composed of technology stocks, also closed lower.
Michael Saylor The 'Egg Man'? Peter Schiff Points Out A Potential Pitfall Of MicroStategy's $42B Debt-Funded Bitcoin Bet
Latest news on cryptos | Market sentiment significantly drops, bitcoin once fell below the $69,000 mark; Before the US election, global largest bitcoin etf saw record inflows.
Former USA President Trump posted on social media platform X: "I want to wish our great bitcoin enthusiasts a happy 16th anniversary of Satoshi Nakamoto's whitepaper. We will end Harris's war on cryptos, Bitcoin will be made in the USA! Vote for Trump!"
Coinbase CEO: The usa will usher in the most crypto-friendly Congress in history.
①In the 2024 election cycle, cryptos have become an increasingly important issue, with both presidential candidates hoping to show goodwill to this industry; ②Brian Armstrong, CEO of Coinbase, believes that next year US congressmen will be very friendly to the crypto market, "it will be the most crypto-friendly Congress ever".
Before the US presidential election, the largest bitcoin ETF in the world saw record inflows.
The prospects for both presidential candidates are bullish for cryptocurrency assets, with strong demand driving the influx of $0.872 billion into Blackrock's iShares Bitcoin Trust ETF, the world's largest bitcoin ETF, on Wednesday.