2025 - Page 158 of 310 -

Bank of America CEO sees US banks “come in hard” for crypto payments if regulations are in place

Jan 21, 2025 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Bank of America is prepared to enter the crypto market upon receiving regulatory clarity. The bank’s focus would be on regulated, non-anonymous transactions. Share this article US banks are eager to adopt crypto for transactions if regulatory guidelines are set forth, said Bank of America CEO Brian Moynihan in a Tuesday interview with […]

The Economic Reasons Why The Democrats Lost In 2024

Jan 21, 2025 Jeremy Parkinson Finance 0

There is no significant economic news until Thursday. In the meantime, today and tomorrow let me discuss a couple of issues at the intersection of economics and politics.The 2024 Presidential election was one of the closest popular vote margin for the winning candidate, at 1.5%, since Richard Nixon’s 0.7% margin in 1968. (Note: I’m leaving […]

XRP Breaks Out Of Bull Flag And Targets $4.40, Predicts Crypto Analyst

Jan 21, 2025 Jeremy Parkinson Finance 0

Image by WorldSpectrum from Pixabay In a chart shared by crypto analyst Ali Martinez, XRP has broken out of a descending channel commonly identified as a “bull flag”, signaling a potential continuation of its recent upward trend. The move sets the stage for a push toward $4.40, based on Fibonacci extension levels. XRP Price Eyes $4.40 According to […]

Now, About That Bullish Correction

Jan 21, 2025 Jeremy Parkinson Finance 0

Image Source: Pixabay Last week, when stocks were on the defensive, I pointed out the continued presence of positive money flows within the market. And as it turned out, Monday was the low of the week. Stocks rallied smartly and then ended up closing at their highest level in four weeks. So what’s all the fuss about?I’ll be honest […]

Macro Briefing – Tuesday, Jan. 21

Jan 21, 2025 Jeremy Parkinson Finance 0

On his first day as president, Trump says he’s considering imposing tariffs on Canada and Mexico that could start as early as February: “We’re thinking in terms of 25% (levies) on Mexico and Canada…” The US trade deficit with Canada is largely due to US purchases of oil. Mexico also runs a trade surplus with the US and for the […]

MicroStrategy shareholders approve stock increase to fund Bitcoin buying spree

Jan 21, 2025 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways MicroStrategy shareholders approved the increase in authorized shares to fund Bitcoin acquisitions. The company now holds over $48 billion in Bitcoin, representing more than 2% of the total supply, as it ramps up purchases. Share this article MicroStrategy shareholders approved an increase in authorized Class A common shares from 330 million to 10.3 […]

FTSE – UK Wage Growth Weighs On BoE Doves

Jan 21, 2025 Jeremy Parkinson Finance 0

Image Source: Pexels U.K. stocks edged slightly higher on Tuesday, extending recent gains as investors assessed the potential policies of Donald Trump, who was sworn in as U.S. president on Monday. The cautious market sentiment was also influenced by the release of U.K. unemployment data, which showed wage growth accelerating despite signs of slowing activity. S&P’s […]

RKLB And LUNR Stocks Gain As Trump Admin. Sets Sight For Mars

Jan 21, 2025 Jeremy Parkinson Finance 0

Image courtesy of 123rf.com The space exploration sector is experiencing significant developments, with key players like Rocket Lab (Nasdaq: RKLB) and Intuitive Machine (Nasdaq: LUNR) making strides in their respective missions. These advancements come amid broader discussions about U.S. space policy under the Trump administration, which has outlined ambitious goals for the country’s presence in outer […]

Weekly Precious Metals Update – Trump’s First Day

Jan 21, 2025 Jeremy Parkinson Finance 0

Image Source: Pixabay Donald Trump began his second term as U.S. President by issuing a series of executive orders. Despite previous declarations about imposing 25% tariffs on Canada and Mexico, he deferred tariff policy decisions to committees for review, signaling potential delays. Press leaks from the Oval Office then suggested February 1st as the new target […]

Dow Surges Triple Digits After Trump’s First-Day Orders

Jan 21, 2025 Jeremy Parkinson Finance 0

Stocks are higher to start the holiday-shortened week, as traders assess U.S. President Donald Trump’s first-day actions. Trump said he was considering 25% tariffs on Mexico and Canada starting Feb. 1 due to border policies, but stopped short of authorizing new levies on his first day back in office — a move many investors see as […]