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Pudgy Penguins’ PENGU token launches tomorrow with Binance listing and airdrop

Pudgy Penguins’ PENGU token launches tomorrow with Binance listing and airdrop

Key Takeaways Pudgy Penguins launches the PENGU token, with Binance announcing spot trading and an airdrop. Pengu token’s total supply is set at 88.88 billion, with significant allocations to the community, NFT collections, and the Pudgy Penguins team. Share this article Pudgy Penguins, the second-largest NFT collection by market cap, announced that they will launch […]
Softs Report – Monday, Dec. 16

Softs Report – Monday, Dec. 16

COTTON General Comments: Cotton was lower last week and the trends are still turning down. Selling has come from news that Trump will impose some big tariffs on China, but the tariffs posted were not as high as he had threatened before during the campaign. China has big problems with its domestic economy with consumer […]
Extreme Levels Of Work-For-Gold Ratio

Extreme Levels Of Work-For-Gold Ratio

Image Source: Pixabay How many hours of work would it take to purchase one ounce of gold? Now you’ll know. Interesting, right?Gold price truly peaked in the 1980, and while it moved to new nominal highs in 2011, this wasn’t the case in terms of how much one would have to work for it. In 2011, […]
FTSE Starts The Week On The Backfoot Ahead Of Central Bank Bonanza

FTSE Starts The Week On The Backfoot Ahead Of Central Bank Bonanza

Image Source: Pexels U.K. stocks dipped on Monday, while the pound strengthened in anticipation of the flash PMI data set to be released later in the day. The Bank of England is scheduled to meet on December 19, with analysts expecting interest rates to remain unchanged. The FTSE 100 index fell by 0.3% following a 0.1% […]
XRP Price Holds Steady: What’s Next After Consolidation?

XRP Price Holds Steady: What’s Next After Consolidation?

Image by WorldSpectrum from Pixabay   XRP price started a downside correction from the $2.50 zone. The price is now consolidating gains and might aim for a move above the $2.4650 resistance zone. XRP price started a fresh increase above the $2.425 zone. The price is now trading above $2.350 and the 100-hourly Simple Moving Average. There is a […]
Time For A Little Holiday Entertainment

Time For A Little Holiday Entertainment

Image Source: Unsplash The performance of stocks at the index level may be causing concern for some market participants, and understandably so. The Dow has sold off for eight days in a row, which is enough to raise the eyebrows of the market’s trend-followers.But last week saw the Nasdaq continue its surge to new all-time highs […]
Seasonal Trends About To Change

Seasonal Trends About To Change

Image Source: Unsplash The narrow stock market rally continues along. I think the Dow Industrials have been down something like 8 straight days. Small and mids have to be close. My take on them has clearly been wrong this month. And while there seems to be a reemergence of leadership from large cap growth which we […]
Crypto Trading Volume At Robinhood Surged In Nov As Exchange Added 420k New Users

Crypto Trading Volume At Robinhood Surged In Nov As Exchange Added 420k New Users

Image courtesy of 123rf.com Robinhood Markets, Inc. (Nasdaq: HOOD), based in Menlo Park, California, released its November 2024 data on December 11, highlighting notable growth across multiple metrics. The company reported increased funded customers, assets under custody, and trading volumes, underscoring a period of substantial expansion. With a focus on cryptocurrencies and increased customer engagement, Robinhood positions itself […]
Dow Eyes Worst Losing Streak Since 2018

Dow Eyes Worst Losing Streak Since 2018

The Nasdaq Composite (IXIC) is up triple digits midday, hitting fresh record highs as it looks to build off a fourth-straight weekly win. The S&P 500 Index (SPX) is modestly higher, while the Dow Jones Industrial Average (DJI) pulls back from its premarket gains to drop quietly into the red, eyeing its eighth and longest daily losing […]
What A Change-Interest Growing On Buying U.S. Debt – The Corn & Ethanol Report

What A Change-Interest Growing On Buying U.S. Debt – The Corn & Ethanol Report

We kicked off the day with NY Empire State Manufacturing Index at 7:30 A.M., S&P Global Composite PMI Flash, S&P Global Manufacturing Index PMI Flash, and S&P Global Services PMI Flash at 8:45 A.M., Wxport Inspections at 10:00 A.M., 3-Month & 6-Month Bill Auction at 10:30 A.M., and NOPA Crush at 11:00 A.M.Photo by Jesse Gardner on Unsplash […]