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Wisdomise secures $9.5 million for AI-driven Web3 expansion

Wisdomise secures $9.5 million for AI-driven Web3 expansion

Artificial intelligence (AI) infrastructure Wisdomise has successfully closed a $9.5 million funding round with contributions from Chainlink Labs, SingularityDAO, VentureSouq, Pontinova Invest, Cetacean Capital, and ODE Capital.The funds will enhance Wisdomise’s deep tech foundation, focusing on AI/ML, Blockchain, and Quant Finance, and support the development of a Financial Intelligence SuperApp. This app aims to enable […]
More Evidence That Cooling Price Inflation Was Transitory

More Evidence That Cooling Price Inflation Was Transitory

By Mike Maharrey, Money Metals ExchangeIf the hotter-than-expected March CPI data wasn’t enough to convince you, there is more evidence that the “cooling inflation” we saw late last year was transitory.The media tends to focus on the Consumer Price Index but the Federal Reserve’s favorite inflation measure is the Personal Consumption Expenditures price index (PCE). […]
April Recap: Canadian Cannabis LP Portfolio Jumped 8%

April Recap: Canadian Cannabis LP Portfolio Jumped 8%

Introduction4 of the 5 stocks in the Canadian Cannabis Licensed Producers (LPs) Portfolio went up last week (+7.2% on average) ranging from + 12.4% to -1.6% and is now up 7.8% MTD (as of April 26th). The details are below: Canopy Growth (CGC): UP 12.4% last week; UP 3.2% MTD Latest news, commentary and/or analysis: Constellation […]
Bear Of The Day: Hertz

Bear Of The Day: Hertz

Company OverviewZacks Rank #5 (Strong Sell) stock Hertz Global Holdings (HTZ) is one of the largest and most well-known global car rental brands. Hertz predominantly offers short-term vehicle rental services to individuals and businesses through the Hertz brand and other brands under the Hertz “umbrella” such as Dollar Rent-A-Car, Firefly Car Rental, and Thrifty Car Rental.   Competition […]
dWallet Network enhances Monad with multi-chain DeFi support

dWallet Network enhances Monad with multi-chain DeFi support

Blockchain service provider dWallet Network has announced its latest move to support Layer-1 blockchain Monad, enabling multi-chain transfers. The collaboration will allow Monad ecosystem developers to utilize dWallet’s non-collusive and decentralized building blocks to create natively multi-chain decentralized finance (DeFi) applications. “This support from dWallet Network is a testament to our dedication to providing the best […]
Gold And Silver Show The Way

Gold And Silver Show The Way

Both key precious metals moved decisively lower today, which is in perfect tune with their recent price patterns.Consolidations, pauses, and breathers are the same thing (their length differs) and they serve one purpose – to cool down people’s emotions and prepare them for the next moves. When prices move far and fast, it “seems” and […]
Could The Shift Of Gold West To East Set The Stage For A New Gold-Backed Currency?

Could The Shift Of Gold West To East Set The Stage For A New Gold-Backed Currency?

By Mike Maharrey, Money Metals ExchangeCould the movement of gold from West to East set the stage for a gold-backed currency?Some analysts think that might be the case.And if that is the direction the world is heading, it would be disastrous for the U.S. dollar. The impact remains unclear, but there is no doubt that gold’s […]
Stocks Treading Water Amid Uncertainty Over Fed And Earnings

Stocks Treading Water Amid Uncertainty Over Fed And Earnings

S&P 500 keeps going sideways – will upcoming data push it higher?Monday’s trading session didn’t bring much change for the stock market, with the S&P 500 index gaining 0.32% and slightly extending its last week’s rebound. Yesterday, it was the highest since April 15 when it sold off after a failed rebound attempt.On previous Friday, […]
Backed Finance raises $9.5 million in Series A funding round to accelerate tokenization for institutional clients

Backed Finance raises $9.5 million in Series A funding round to accelerate tokenization for institutional clients

Backed Finance AG, a prominent issuer of tokenized real-world assets, has completed a $9.5 million Series A funding round. The company plans to use the funds to enhance its private tokenization services, aiming to onboard asset managers to blockchain solutions.The round was led by Gnosis, with the participation of new and existing investors, including Exor […]
GBPAUD Forex Elliott Wave Technical Analysis

GBPAUD Forex Elliott Wave Technical Analysis

GBPAUD Elliott Wave Analysis Trading Lounge Day Chart,    British Pound/ Australian Dollar (GBPAUD) Day Chart    GBPAUD Elliott Wave Technical Analysis  FUNCTION: Counter TrendMODE: CorrectiveSTRUCTURE Blue wave POSITION:black wave 2                                DIRECTION NEXT HIGHER  DEGREES:black wave 3               […]