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BlackRock leads $47M funding round for RWA tokenization firm Securitize

BlackRock leads $47M funding round for RWA tokenization firm Securitize

BlackRock, the world’s largest asset manager, has led a $47 million investment round in Securitize, a firm specializing in the tokenization of real-world assets (RWA). The strategic capital infusion, announced on May 1, marks a significant milestone in the development of digital asset securities.Securitize plans to allocate the funding towards product development, international expansion, and […]
USDJPY Forex Elliott Wave Technical Analysis

USDJPY Forex Elliott Wave Technical Analysis

USDJPY Elliott Wave Analysis Trading Lounge Day Chart,    U.S.Dollar/Japanese Yen(USDJPY) Day ChartUSDJPY Elliott Wave Technical AnalysisFUNCTION: Trend                                    MODE:impulsive                                  STRUCTURE:black wave 5       […]
Dovish Message Likely To Ignite Positive Wealth Effect From Equities And Home Prices

Dovish Message Likely To Ignite Positive Wealth Effect From Equities And Home Prices

Markets were on pins and needles as to if Powell would be open to the possibility of a rate hike. Pexels He hardly sounded hawkish Wednesday. A dovish message hardly helps cool down the positive wealth effect coming from equities and home prices. It could rather be helping inflation remain sticky.A day prior to the conclusion of […]
Japan Drives Home Message

Japan Drives Home Message

Overview: The US dollar is mixed, but the spotlight is on the Japanese yen. It appears that with the market challenging Monday’s intervention, Japanese officials entered the market shortly after the US equity market closed yesterday, as the Asia Pacific session go underway and sold dollars again. Image via Marc To MarketInitial estimate suggests the intervention amount was […]
Should Billionaires Exist?

Should Billionaires Exist?

Do billionaires have a right to exist?America has driven more than 650 species to extinction. And it should do the same to billionaires.Why? Because there are only five ways to become one, and they’re all bad for free-market capitalism:1. Exploit a Monopoly.Jamie Dimon is worth $2 billion today… but not because he succeeded in the “free market.” In 2008, […]
Total Return Forecasts: Major Asset Classes – Thursday, May 2

Total Return Forecasts: Major Asset Classes – Thursday, May 2

The long-term return forecast for the Global Market Index (GMI) edged higher for a third straight month in April.  Pixabay Today’s revised estimate (based on three models defined below) indicates a 7.0% annualized return for the unmanaged benchmark, which holds all the major asset classes (except cash), according to market weights via a set of ETF proxies. Today’s projection […]
US Dollar Commentary – Thursday, May 2

US Dollar Commentary – Thursday, May 2

No Joy for USD BullsThe US Dollar is trading lower today on the back of the May FOMC yesterday. The central bank held interest rates unchanged, as expected, but was far more close-guarded in its outlook than many were expecting. Many market players saw hawkish risks ahead of the meeting, given the recent strength in […]
Exploring The 3 Prominent Crypto Trends Post Halving

Exploring The 3 Prominent Crypto Trends Post Halving

Bitcoin Halving events, such as the recent 2024 Halving, mark important turning points in the cryptocurrency world and often lead to shifts in market dynamics and investor sentiment. Unsplash As Bitcoin (BITCOMP) begins the week with a dramatic drop, failure to correctly interpret prominent market trends in order to correctly interpret these price movements can be detrimental […]
Brent Crude Oil Hits Seven-Week Low

Brent Crude Oil Hits Seven-Week Low

Brent crude oil prices have dropped to $83.95 per barrel Thursday, marking the lowest level in seven weeks. This decline follows recent US statistics indicating a significant increase in crude oil inventories and production. Pexels According to the Department of Energy, inventories rose by 7.30 million barrels last week, contrary to the forecasted decrease of 2.3 million […]
Analytical Overview Of The Main Currency Pairs – Thursday, May 2

Analytical Overview Of The Main Currency Pairs – Thursday, May 2

The EUR/USD currency pairTechnical indicators of the currency pair: Prev Open: 1.0671 Prev Close: 1.0708 % chg. over the last day: +0.34 % As expected, the FOMC left the rate unchanged for the 6th consecutive meeting. At the press conference, US Fed Chair Jerome Powell emphasized that inflation has remained stubbornly high recently. He added that he had […]