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Archives by Year:
Bounce In Money Growth Is Good News And Bad News
Photo by Fabian Blank on Unsplash The monthly money supply numbers are out. I have bad news and good news.The bad news is that the contraction in the money supply appears to be over. That’s not bad news per se (see below), but it’s bad in that the anti-inflationary work that was happening is coming to an end before it’s […]
NFT lending volume surpass $2 billion in Q1 as holders search for liquidity
The lending market based on non-fungible tokens (NFT) as collateral surpassed $2 billion in volume during the first quarter, sustaining growth of 44% compared to Q4 2023, according to a CoinGecko report. “Crypto markets are all about market rotation […] There’s clearly a trend where OG NFT holders are leveraging these [lending] platforms to get […]
How Nvidia Uses Gold
Image Source: Pixabay What is Nvidia (NVDA)? If you’re a committed gamer the question may sound like nonsense. Nvidia, which was founded in 1993, is a tech company that makes GPUs and other products. It originally specialized in making products for the video game industry, that assisted in 3D rendering. If you were a committed gamer, you probably owned their products. If you weren’t, you might not have […]
Are Credit Spreads Done Going Down?
More By This Author:Halloween In April?Gold Is Calling B.S. On 2% Inflation TargetSelling Bonds For Gold Is Bearish
Canadian Dollar Recoils On Wednesday, Canada Retail Sales Disappoint Daily digest market movers: Canadian Dollar pares gains as Canadian data slips Canadian Dollar price today Technical analysis: Canadian Dollar falls across the board, USD/CAD pulls back to key technical levels USD/CAD hourly chart USD/CAD daily chart
The Canadian Dollar (CAD) is broadly softer on Wednesday, paring back recent gains and falling back against most of its major currency peers as one of the worst-performing currencies for the mid-week market session. Canadian Retail Sales flubbed forecasts, declining in February and kicking the legs out from beneath the CAD. Canada is absent from the economic calendar for […]
NEAR Protocol preps for AI announcements to boost web3
In an interview with Crypto Briefing, Chris Donovan, COO of NEAR Foundation, discussed Near Protocol’s vision for integrating AI into the web3 ecosystem and driving mass adoption, among other topics.AI integration and web3 missionNear Protocol, which began as an AI project before pivoting to blockchain, sees significant potential in the intersection of web3 and AI. […]
Housing Expenses Rise By Up To 12% After ECB Rate Increases Geographic Disparities in Housing Affordability
Image Source: UnsplashIn recent months, an escalating financial strain has become evident across Europe, especially among low-income groups. Research conducted by the European Central Bank (ECB) has highlighted a worrying trend: a growing number of Europeans with lower incomes anticipate difficulties in meeting their financial obligations on time. This includes essential payments like rent, utilities, and mortgages. The […]
BRICS Considering A Stablecoin Launch For International Trade Settlement
Image Source: Pixabay BRICS member nations plan to launch a stablecoin as an alternative to the US dollar for settling cross-border transactions. JUST IN: BRICS exploring the creation of a crypto stablecoin for international trade settlements. pic.twitter.com/3RzV7G2BEM — BRICS News (@BRICSinfo) April 23, 2024 BRICS pushes de-dollarization with stablecoins The bloc, which includes Brazil, Russia, China, […]
Elliott Wave Video Update: GOLD, DAX And AUDUSD
Hello traders! Here is a quick technical and Elliott wave video analysis about commodities, such as GOLD, stocks like DAX, and currencies, specifically AUSSIE (AUDUSD). More By This Author:Dollar Slows Down A Bit, But Not Bearish Yet Put/Call Ratio Moves Into Extremes – Supportive For Stocks? What To Expect After Bitcoin Halving?
Warren Buffett-backed Nubank enables crypto withdrawals for BTC, ETH, SOL
Nubank, Brazil’s premier digital bank backed by Warren Buffett, has allowed customers to withdraw Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) directly from their Nubank Wallet. With this update, users can now send and receive these crypto assets seamlessly via the bank’s app. JUST IN: 🇧🇷 Brazil’s largest digital bank Nubank now allows customers to […]
