Archives by Month:

Archives by Year:

Grayscale opens decentralized AI fund to accredited investors

Grayscale opens decentralized AI fund to accredited investors

Key Takeaways Grayscale’s decentralized AI fund includes major protocols like Near, Filecoin, Render, Livepeer and Bittensor. The fund reports a net asset value per share of $9.50 as of September 27, 2024. Share this article Asset manager Grayscale has launched the Grayscale Decentralized AI Fund, which offers accredited investors exposure to decentralized artificial intelligence protocols. […]
TRON DAO completes security assessment conducted by ChainSecurity, strengthening network integrity

TRON DAO completes security assessment conducted by ChainSecurity, strengthening network integrity

Share this article Geneva, Switzerland – September 30, 2024 – TRON DAO has successfully completed a security assessment of its Java-Tron client, conducted by leading blockchain security firm ChainSecurity. The assessment, which focused on key components such as the TRON Virtual Machine (TVM), consensus mechanisms, and Peer-to-Peer (P2P) interactions, aimed to proactively identify and resolve […]
FTSE Up On The Quarter Down On The Month

FTSE Up On The Quarter Down On The Month

Image Source: Pexels UK shares began the week on a negative note, as a sell-off in Aston Martin and gains in commodity stocks were counterbalanced by the carmaker’s descent to the bottom of mid-cap stocks following a profit warning. The domestically-focused FTSE 250 midcap index and the FTSE 100 index both experienced a decline (-0.47%). Although […]
Recent Data Still Point To Solid U.S. Growth For Q3

Recent Data Still Point To Solid U.S. Growth For Q3

The resonance of summer warnings that the US economy is on the precipice of recession continue to fade from the perspective of the upcoming third-quarter GDP report. The latest run of numbers continues to highlight encouraging nowcasts for the government’s initial Q3 report, scheduled for release on Oct. 30.There’s still a month to go before […]
Trakx: Advanced crypto-index trading strategies

Trakx: Advanced crypto-index trading strategies

Share this article Crypto index funds are customized crypto baskets that allow investors to invest in multiple cryptocurrencies through a single asset, making it easy to implement advanced diversification, sound risk management, and automatic rebalancing. Trakx, an innovative fintech founded in France in 2019 by finance and tech experts, is the leading platform for crypto-index […]
EUR/USD Outlook: German Inflation Data Spurs Brief Rally

EUR/USD Outlook: German Inflation Data Spurs Brief Rally

The EUR/USD outlook shows a sudden, brief rally after German inflation data triggered a decline in ECB rate cut bets. Meanwhile, the dollar remained vulnerable after last week’s soft inflation figures. Market participants are now awaiting the nonfarm payrolls report.Data on Monday revealed that inflation in Germany eased more than expected. Consequently, traders expect soft […]
The Real Nowcast For The Economy As Of The End Of Q3

The Real Nowcast For The Economy As Of The End Of Q3

On Friday I highlighted the sharp positive revision to the personal saving rate. That was a byproduct of a similar sharply higher revision to real personal income over the past two years. Here is what those revisions, to real personal disposable income, look like: Instead of being up 6.8% since just before the pandemic, real disposable […]
BYD Warren Buffet’s Favorite Chinese Stock

BYD Warren Buffet’s Favorite Chinese Stock

Summary BYD Company Limited, Warren Buffet’s favorite Chinese auto stock, has shown strong technical buy signals and consistent price appreciation, gaining 16.46% since 9/5. The company operates in automobiles, batteries, and mobile handset components, with significant growth in revenue expected this year and next. Barchart’s technical indicators show 100% buy signals, a 16.69% gain in […]
Japan eyes crypto rule changes that could lower taxes, allow ETFs

Japan eyes crypto rule changes that could lower taxes, allow ETFs

Key Takeaways Japan’s review of crypto regulations could lead to the introduction of crypto ETFs. Reclassification under investment law may reduce taxes on digital assets. Share this article Japan’s financial regulator plans to review crypto regulations, potentially leading to lower taxes and domestic crypto ETFs.The Financial Services Agency (FSA) will assess whether regulating crypto under […]
Australian Dollar Reaches 19-Month High Boosted By Chinese Economic Stimulus And Weaker US Dollar

Australian Dollar Reaches 19-Month High Boosted By Chinese Economic Stimulus And Weaker US Dollar

The AUD/USD pair climbed to 0.6922 on Monday, marking its highest point since February 2023. This surge was primarily triggered by China’s announcement of economic stimulus measures, which is significant given China’s status as Australia’s largest trading partner. Such support for the Chinese economy will likely increase demand for commodities and bolster major currencies tied […]