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CleanSpark mined 417 Bitcoin in May, now holds 6,154 BTC

CleanSpark mined 417 Bitcoin in May, now holds 6,154 BTC

Leading Bitcoin miner CleanSpark has revealed its May Bitcoin mining update. According to a press release published on Tuesday, the company mined 417 Bitcoin (BTC) last month, bringing its total holdings to 6,154 BTC.CleanSpark sold 2.43 BTC in May at an average price of around $59,000, with daily mining averaging 13.45 BTC and peaking at […]
Financial Markets Report For Tuesday, June 4

Financial Markets Report For Tuesday, June 4

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, June 4.Video Length: 00:11:55More By This Author:Metals Report For Monday, June 3SPDR ETF Report For Monday, June 3Financial Markets Report For Monday, June 3
Asia Morning Bites For Wednesday, June 4

Asia Morning Bites For Wednesday, June 4

Image Source: Unsplash Global Macro and Markets   Global Markets:  There wasn’t much on the G-7 macro calendar yesterday, but US Treasury yields continued to decline, though at a more moderate pace than in previous days. The 2Y yield dropped by 3.8 basis points and the yield on the 10Y fell 6.2bp to 4.326%. JGB yields are […]
The Weaker Economic Signals Are Clear — It’s Time For Proactive Leadership From Chair Powell

The Weaker Economic Signals Are Clear — It’s Time For Proactive Leadership From Chair Powell

Image Source: PexelsMARKETSU.S. stocks tiptoed higher Tuesday after softer-than-expected labour market data reignited hopes for a Federal Reserve interest rate cut.Tuesday’s data revealed that U.S. job openings in April fell to their lowest level over three years, signalling a loosening labour market that bolstered expectations of a Fed rate cut this year. In response, U.S. Treasury […]
NZD/USD Trades With Mild Gains Above 0.6150, US Services PMI Looms

NZD/USD Trades With Mild Gains Above 0.6150, US Services PMI Looms

Photo by Thomas Coker on Unsplash NZD/USD trades stronger near 0.6175 in Wednesday’s early Asian session.  The rising expectation that the Fed will start cutting rates from the September meeting weighs on the USD.  The encouraging Chinese Caixin Manufacturing PMI supports the China-proxy NZD.  The NZD/USD pair posts modest gains around 0.6175 during the early Asian session on […]
Small-Cap Growth ETF Hits New 52-Week High

Small-Cap Growth ETF Hits New 52-Week High

Image Source: PixabayFor investors seeking momentum, SPDR S&P 600 Small Cap Growth ETF (SLYG – Free Report) is probably on the radar. The fund just hit a 52-week high and is up 27% from its 52-week low price of $68.64/share.But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook […]
Silver Price Analysis: XAG/USD Collapses Below $30.00 As Double Top Emerges

Silver Price Analysis: XAG/USD Collapses Below $30.00 As Double Top Emerges

Image Source: Pixabay Silver breaches key support levels amid ‘double top’ chart pattern confirmation. XAG/USD fall amid lower US T-bond yields as traders book profits. XAG/USD double top pattern objective would be $27.80. Silver prices sank sharply on Tuesday amid falling US Treasury bond yields and a firm US dollar. The grey metal dropped more than 4% at […]
Crypto set for a “bright June,” according to industry experts

Crypto set for a “bright June,” according to industry experts

The approval of spot Ethereum (ETH) exchange-traded funds (ETF) in the US sets a good tone for the crypto market at the end of 2024’s second quarter. Investors’ eyes are all over how the ETH price will react, how the altcoin market will behave, and what altcoin ETFs might be presented to the SEC in […]
4 Factors That Drive Share Outperformance

4 Factors That Drive Share Outperformance

Image Source: UnsplashInvestors are always searching for stocks that deliver market-beating gains. And many stocks have done precisely that over the last several years.Specifically, three stocks – Crocs (CROX – Free Report), Wingstop (WING – Free Report), and Nvidia (NVDA – Free Report) – have all outperformed the S&P 500 over the last five years, as illustrated below.Image Source: Zacks Investment ResearchIt […]
EUR/USD Staggers Back From Recent Highs After Greenback Bids Resurface

EUR/USD Staggers Back From Recent Highs After Greenback Bids Resurface

Image Source: Pixabay EUR/USD loses grip on 1.0900 on Tuesday after risk aversion reignites. Fed rate cut hopes have been pushed back to November. ECB rate cut, US NFP Friday loom darkly ahead. EUR/USD declined around a quarter of a percent on Tuesday after market sentiment soured following US dataprints that pushed markets back into risk-off […]