The Nasdaq approached an all-time high but ended in the red with other indexes. Ten-year treasuries rose by 0.04%, while oil continued to drop. Nvidia shares increased by 9.32%, lifting the AI sector, though some analysts warn of a bubble. Senate and House support for banks offering cryptocurrency custody services faces a veto threat from President Biden. The SEC approved a spot ethereum ETF, following the recent Bitcoin ETF approval.
Bulletin brief:
Senate passes pro-crypto bill (Bitcoin Magazine)
Yahoo Finance (Yahoo)
Is Nvidia a bubble? (Businessinsider)
Ethereum Stock (Yahoo)
Asian chips hit three-year high (Bloomberg)
Ethereum ETF (CNBC)
SEC Filing on Ethereum ETF (SEC)
