May 2024 - Page 128 of 270 -

Velar and Bitlayer introduce Bitcoin’s first perpetual DEX

May 17, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Bitcoin-focused infrastructure provider Velar announced a partnership with Bitlayer to launch Velar Artha, the first perpetual decentralized exchange (Perp DEX) on a Bitcoin layer-2. This development enables perpetual contracts trading directly on the Bitcoin blockchain, enhancing its decentralized finance (DeFi) capabilities. “Partnering with Bitlayer for the launch of Velar Artha PerpDEX represents a significant milestone […]

Token Terminal and Messari release research reports on TRON network for Q1 of 2024

May 17, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Geneva, Switzerland, May 17, 2024 – Recent detailed analyses by Token Terminal and Messari have provided an in-depth review of the TRON network’s activity during the first quarter of 2024, emphasizing its competitive positioning and expansive growth within the blockchain sector.Token Terminal AnalysisToken Terminal’s comprehensive report offers crucial insights into key data points and metrics […]

Meta Platforms Inc. DCF Valuation: Is The Stock Undervalued?

May 17, 2024 Jeremy Parkinson Finance 0

As part of a new series, each week we typically conduct a DCF on one of the companies in our screens. This week we thought we’d take a look at one of the stocks that is not currently in our screens, Meta Platforms Inc (META). ProfileMeta is the world’s largest online social network, with nearly […]

AUD/CHF Forex Signal: Australian Dollar Continues To Rise Against Swiss Franc

May 17, 2024 Jeremy Parkinson Finance 0

Aussie Over FrancI think at this point in time it’s obvious that the Australian dollar is favored over the Swiss franc, and therefore we have to look at it as a potential opportunity to take advantage of not only the swap, but also the momentum, as the market breaking above the 0.60 level is a big […]

Bullish Stocks, Are You Buying Dip?

May 17, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels Stocks are in recovery mode, with major indexes trading at all-time highs. This movement began after the US unemployment rate showed a slight decrease in jobs two weeks ago, suggesting that inflation could potentially weaken. This trend was further supported by this week’s CPI data, which indicated a drop from 3.5% to 3.4%. […]

Not Just The US: Global Debt-To-GDP Ratios Are Skyrocketing

May 17, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay The US national debt is so out of control that, ironically enough, even the Federal Reserve chair has expressed concern about the problem. And while America is among the top contributors, it isn’t just the US that’s spending money it doesn’t have: after briefly declining in 2023, the global debt-to-GDP ratio is again at an all-time high.Even though interest rates are still extremely low by […]

April Update: Real Wages, Payrolls, And Consumption Vs. Employment, And Their Forecast Implications

May 17, 2024 Jeremy Parkinson Finance 0

With this week’s inflation report for April, we can update several measures of the real economic status of average American workers, as well as their forecast for further job and economic gains.First, here is real average hourly wages for nonsupervisory workers. In April, nominal average wages increased by 0.2%. Since consumer inflation increased 0.3%, real […]

Silver Breakout May Lead To Historic Price Rally Says Joe Friday

May 17, 2024 Jeremy Parkinson Finance 0

Precious metals have been very strong over the past two years, with Gold breaking out of a historic bullish pattern. Is it time for Silver to do the same? Silver has rallied sharply but is facing heavy resistance. Let’s look at the chart!“The facts, Ma’am. Just the facts.” – Joe FridayAs you can see, Silver has […]

Sensex Today Ends 253 Points Higher | Nifty Tops 22,450

May 17, 2024 Jeremy Parkinson Finance 0

After opening the day marginally higher, Indian share markets reversed the trend as the session progressed and ended the day lower.Indian equities, which started with decent gains on Wednesday, took a sharp U-turn within an hour of opening.At the closing bell, the BSE Sensex stood higher by 253 points (up 0.3%).Meanwhile, the NSE Nifty closed higher by 61 points […]

Nigerian court denies bail and allows Tigran Gambaryan to stand trial on behalf of Binance

May 17, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

A Nigerian court has denied the bail application for Binance’s detained Head of Compliance, Tigran Gambaryan, citing the likelihood that he may jump bail.The decision was announced on Friday, the same day Gambaryan turned 40. A recent report from Reuters indicates that the Nigerian court has ruled to allow Gambaryan to stand trial on behalf […]