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Archives by Year:
Tether’s USDT expands to Celo Network
Tether has announced the launch of its Tether USD (USDT) stablecoin on the Celo blockchain in a move aimed at increasing financial inclusion and empowering individuals globally. Celo’s mobile-first approach and compatibility with the Ethereum Virtual Machine (EVM) make it an ideal platform for Tether’s expansion, according to the announcement.A proposal from Celo core contributors […]
It’s A Bull Market But Harder To Pick Small Cap Biotech Winners Because Of Volatility
Image Source: Unsplash Biotech is in a bull market aș measured by 2023 trends with a double testing of lows on 11/23. Large cap biopharma stocks are strong needed for deal-making that continues to support SMID cap biotech financing and markets. It’s a momentum market creating more volatility with risk of “over-trading”. We developed this list of […]
Dow Down Triple Digits As Stocks Fall Across The Board
Though paring their more drastic pre-earnings losses, stocks are still squarely in the red this afternoon. The Dow Jones Industrial Average (DJI) is down more than 126 points, while the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are also saddled with substantial midday deficits. Investors are bracing for the February consumer price index (CPI) due out […]
U.S. Manufacturing Outlook: Better Times Are Coming
The US economy as a whole has been consistently surprising to the upside, but the manufacturing sector has been languishing. Even so, a growing belief in a soft landing and the potential for significant interest rate cuts could bring renewed vibrancy to the sector. Politics, trade and policy missteps are all potential threats to be aware […]
FTSE Hugging The Flatline As Investors Eye U.S. Inflation Data
Image Source: Pexels The UK stock market started the week on a sombre tone, with base metal miners causing losses, and traders being cautious before a major U.S. inflation report. The FTSE 100 index, which includes the top 100 companies in the UK, was down by 0.1%.The industrial metal mining sector experienced a 1.6% decline due […]
Which Countries Produced The Most Gold In 2023?
Image Source: Pixabay Where does the world’s gold come from?Mine output rose modestly by 1 percent in 2023 to 3644.4 tons, but it still hasn’t recovered to pre-pandemic levels.Gold production had flatlined even before the pandemic. After slowing for several years, gold mine output fell by 1 percent in 2019. Although that year marked the first […]
Palm Collective launches new platform for Web3 creators, announces $1,000 art contest
Palm Collective, an open-source, web3 community-powered initiative backed by Consensys and Polygon, has unveiled the Obscura Community, a platform designed to bolster Web3 artists, as shared by Palm Collective today. Along with this launch, the project has also announced a $1,000 art contest to “celebrate the community’s birth and womxn’s month.”The contest, dubbed “Call x […]
Market Signals For The U.S. Stock Market And Indian Stock Market – Monday, March 11
The S&P 500 was unchanged and the Nifty rose last week. Indicators are bullish for the week. Markets are topping. We are transitioning from an inflationary regime to a deflationary collapse. The Nifty has started to correct and will likely underperform. We are way overbought short-term and are overdue a pullback here to as low as the 50 DMA soon, as we embrace bearish seasonality.The past […]
Traders Position Ahead Of Tuesday’s US CPI
Image Source: Pixabay We haven’t seen all that much going on, at least in traditional markets on this Monday thus far. We say traditional markets because cryptocurrencies have been on fire, with Bitcoin easily extending its run of record gains.Video Length: 00:01:09More By This Author:Yield Differentials And Policy Divergence Market Celebrating Fed Chair Testimony Investors pleased […]
EU’s Policy Crisis: Falling Behind US In Productivity
Image Source: Pexels Quick Look The EU lags significantly behind the US in productivity, sparking a competitiveness crisis. Contributory factors include demographic differences, work hours, and the impact of the Ukraine conflict. Calls for stimulating investment in public and private sectors to rejuvenate the EU economy. Recent figures have unveiled a stark reality: the EU‘s economy is […]
