December 2024 - Page 99 of 147 -

Ethereum hits 4K as weekly ETF inflows exceed $1 billion

Dec 06, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Ethereum surged past $4,000 with over $1 billion in ETF inflows during the past week. Ethereum’s latest surge prompts $11M in liquidations amid renewed market activity. Share this article Ethereum, the second-largest crypto by market capitalization, has surged past the $4,000 mark, a level it last reached in May 2024, driven by strong […]

Daily Stock Picks: Holistic Insights For Smart Trades Today

Dec 06, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash As the markets gear up for another trading session, the spotlight remains on key stock performances and macroeconomic trends. Today’s pre-market analysis revealed a strong risk-on sentiment fueled by tax deferral strategies and robust earnings reports. Watch the full pre-market prep video here. Below, we summarize the macro landscape and dive into the […]

PepsiCo Inc DCF Valuation: Is The Stock Undervalued?

Dec 06, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay 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, PepsiCo Inc (PEP). ProfilePepsiCo is a global leader in snacks and beverages, owning […]

Onchainpay: A beginner’s guide to a cryptocurrency payment platform

Dec 06, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Share this article Onchainpay.io is a comprehensive cryptocurrency payment gateway and all-in-one platform designed to streamline secure and efficient blockchain transactions. It offers businesses a robust suite of payment solutions, empowering them to accept crypto payments seamlessly. Tailored especially for high-risk industries like iGaming, gambling, e-commerce, and digital services, Onchainpay.io bridges the gap in traditional […]

Sensex Today Ends 57 Points Lower; Nifty Below 24,700

Dec 06, 2024 Jeremy Parkinson Finance 0

After opening the day flat, Indian benchmark turned negative as the session progressed and ended the day lower.The Benchmark equity indices gave up their 5-day winning streak to settle in red after the Governor Shaktikanta Das-led Monetary Policy Committee of the Reserve Bank of India (RBI MPC) announced to keep the repo rate unchanged at […]

Employment Drops By 355,000 But Jobs Rise By 227,000 In November

Dec 06, 2024 Jeremy Parkinson Finance 0

The strange jobs reports continue as the divergence between jobs and employment widens again. Data from the BLS, chart by MishPlease consider the BLS Employment Report for November.Jobs vs EmploymentFrom September 2020 through early 2022, nonfarm payroll job gains and full time employment changes tracked together.Starting around March of 2022, a divergence between employment and jobs became […]

Unenjoyment Report

Dec 06, 2024 Jeremy Parkinson Finance 0

The jobs data just came out, and it seems like mildly bad news: the unemployment rate inched up to 4.2% (expected: 4.1%) and the hourly wages went up more than expected as well (suggesting inflation). In spite of this, equity futures got a quick bump, although as of this composition the /ES and /NQ are only up about one-tenth […]

AUD/USD Outlook: RBA Rate Cut Outlook Briefly Boosts Aussie

Dec 06, 2024 Jeremy Parkinson Finance 0

The AUD/USD outlook shows brief bullish momentum for the Aussie after most economists forecast the first RBA rate cut in Q2 of next year. Meanwhile, there was uncertainty about the greenback as market participants geared up for the US nonfarm payrolls report. A Reuters poll on Friday revealed that most economists expect the RBA to keep […]

BTC Report: Bitcoin Nears $99k, Trump Announces AI And Crypto Czar

Dec 06, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels Bitcoin (BITCOMP) has been on a rollercoaster ride, with its price currently hovering around $98,839.69 after a recent surge. This comes amid a flurry of crypto market activity driven by the U.S. economy’s job growth and significant movements within the cryptocurrency landscape.Notably, the market is reacting to the U.S. Federal Reserve’s upcoming interest […]

Czech Republic abolishes capital gains tax on Bitcoin held over three years

Dec 06, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways The Czech Republic has exempted Bitcoin held for more than three years from capital gains tax starting 2025. The legislation requires the assets not to be part of business assets to qualify for the tax exemption. Share this article The Czech Parliament has voted in favor of a proposed amendment that exempts capital […]