Microsoft may be open to Ethereum ETF with staking, VanEck head of crypto research speculates
Dec 12, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Microsoft is potentially interested in exploring crypto investments like spot Ethereum ETFs with staking. Currently, US Ethereum ETFs lack staking features due to SEC regulatory concerns. Share this article Microsoft has rejected a Bitcoin investment proposal, but the company may be open to exploring other crypto investment opportunities. VanEck’s head of digital assets […]
10-Year US Treasury Yield ‘Fair Value’ Estimate – Thursday, Dec. 12
Dec 12, 2024
Jeremy Parkinson
Finance
The market premium for the US 10-year Treasury yield continued to rebound in November vs. a “fair value” estimate calculated by CapitalSpectator.com. The increase marks the second straight monthly increase in the premium, which is now at the highest level since May.The current market premium over the average fair value (based on the “fair value” estimate) edged up […]
Asian Stock: Kobe Bussan
Dec 12, 2024
Jeremy Parkinson
Finance
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: Kobe Bussan Company LimitedBloomberg ticker: 3038 JPMarket cap: US$8,633mBackground: Kobe Bussan Company Limited is a supermarket franchise store operator that mainly deals in foodstuff. The Company also has direct-run stores. World Class Benchmarking of Kobe Bussan Profitable […]
Trump: ‘We’re going to do something great with crypto’ as he rings the NYSE bell
Dec 12, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Trump: ‘We’re going to do something great with crypto’ during NYSE bell-ringing. Trump claims US must double energy production to lead in AI during NYSE event. Share this article Donald Trump rang the opening bell at the New York Stock Exchange Thursday, celebrating his election victory and unveiling plans to cement the US’s […]
Sensex Today Ends 236 Points Lower; Nifty Below 24,550
Dec 12, 2024
Jeremy Parkinson
Finance
After opening the day lower, the Indian benchmark remained in negative territory as the session progressed and ended the day lower.Benchmark equity indices, BSE Sensex and NSE Nifty50, ended Thursday’s trading session in negative territory.At the closing bell, the BSE Sensex closed lower by 236 points (down 0.2%).Meanwhile, the NSE Nifty closed lower by 93 points (down 0.3%).Bharti […]
BTC Report: Vancouver Embraces Bitcoin With New Motion Amid $2T Market Cap
Dec 12, 2024
Jeremy Parkinson
Finance
Image Source: Pexels Bitcoin’s (BITCOMP) market movements are making headlines as the cryptocurrency continues to display significant volatility.Recent data shows that Bitcoin’s price has hovered around $101,048.46, marking a slight decline of 0.14% from its previous close. Despite the minor drop, Bitcoin’s current market cap stands at an impressive $2 trillion, underscoring its robust market presence.Meanwhile, […]
Avalanche secures $250M in funding round led by Galaxy Digital, Dragonfly, and ParaFi Capital
Dec 12, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Avalanche Foundation raised $250 million in a token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital. Avalanche plans to launch ‘Avalanche9000’, reducing deployment costs with a subscription-based fee model. Share this article Avalanche Foundation has closed a $250 million funding round led by Galaxy Digital, Dragonfly, and ParaFi Capital, Forbes reported Thursday. […]
Will The Fed Hit The Brakes? Inflation Concerns Shift 2025 Rate Cut Projections
Dec 12, 2024
Jeremy Parkinson
Finance
Image source: Pixabay A rate cut is highly anticipated at the December meeting. Analysts are revising their predictions for rate cuts in 2025 due to sticky inflation. The Fed is expected to adopt a more cautious approach to future rate cuts. The Federal Reserve is widely expected to cut interest rates again next week, a […]
Silver : The December Battle
Dec 12, 2024
Jeremy Parkinson
Finance
As soon as a chart appears, some people close like an oyster, without trying to grasp its meaning. However, once you understand the basics, such as the simple principle that B + A = BA, it becomes not only accessible, but also fun.To better illustrate, let’s take the example of a daily candle.A green candle […]
EURUSD Trades Near $1.04 Amid ECB Rate Cuts
Dec 12, 2024
Jeremy Parkinson
Finance
EURUSD trades near $1.04 after ECB rate cut ECB cuts rates by 25bps for the fourth time Growth forecasts lowered to 0.7% for 2023, 1.1% for 2024 Political instability in Germany and France weighs on euro The EURUSD pair is trading close to the $1.04 level after the European Central Bank’s widely expected decision to reduce interest rates by 25 basis points.This marks the fourth consecutive […]