Category Archive: Finance, No picture
Bonds Pop, Gold Drops, And China Makes A Move
Image Source: Unsplash Bonds and gold historically have a positive correlation; they tend to move together. But that’s been breaking up as of late, and that’s what happened today. Whether they’re breaking up for good is a different story.Treasuries saw their biggest rally since August, but gold had its biggest drop since the beginning of the […]
Pump.fun halts livestreams indefinitely after community backlash
Key Takeaways Pump.fun suspends livestream feature indefinitely to develop safeguards after widespread criticism of harmful broadcasts. The platform is enhancing moderation efforts amid unprecedented growth in livestream activity. Share this article Pump.fun, a Solana-based meme coin platform, has suspended its livestream feature indefinitely following widespread community backlash over harmful content broadcasts.In a community notice, the […]
Bitcoin rally toward $100k stalls as long-term holders cash out
Key Takeaways Bitcoin’s $100k rally stalls as long-term holders sold off 461,000 BTC. Total3 index rose 23% as capital shifted from Bitcoin to altcoins, suggesting an ‘altseason’. Share this article Bitcoin’s historic rally toward $100,000 has hit a roadblock, with the price falling below $95,000 today, sparking debates over the strength of the current bull […]
This Inflationary Sector Bounce Won’t Last
Image Source: Unsplash Over the past few weeks, we’ve seen a nice bounce in so-called “inflationary” sectors. Basic materials (XLB) emerged as last week’s leader, and over the past month, the top-performer is energy (XLE).But if you’ve been tuning into TheoTrade’s live sessions, you’ve heard me talking about crude oil’s imminent collapse.And finally, I think we […]
Sui taps Bitcoin’s $1.8 trillion market with liquid staking integration
Key Takeaways Sui blockchain will integrate Bitcoin through Babylon Labs and Lombard Protocol, enabling Bitcoin staking in Sui’s DeFi ecosystem. LBTC, a liquid staking token, will be minted on Sui and serve as a core asset within its financial ecosystem. Share this article Sui has partnered with Babylon Labs and Lombard Protocol to introduce Bitcoin […]
Navigating A Santa Rally: Top Pre-Market Picks Macro Review: Seasonal Optimism and Policy Tailwinds Top Picks Secondary Opportunities Key Takeaways
As we head into the tail end of November, the market’s seasonal tailwinds are making their presence known. Monday morning’s pre-market action provided a clear roadmap for traders looking to capitalize on the ongoing Santa rally, boosted by tax-deferral strategies, optimism around Trump’s cabinet picks, and strong macro trends. For a deeper dive into today’s […]
WisdomTree files for XRP ETF via Delaware trust
Key Takeaways WisdomTree filed to establish a Delaware trust for a proposed XRP ETF. This filing is part of increasing crypto ETF activity beyond Bitcoin and Ethereum. Share this article WisdomTree, managing approximately $113 billion in assets, has filed to establish a trust entity for a proposed XRP exchange-traded fund in Delaware. The Delaware trust […]
MicroStrategy acquires 55,500 Bitcoin for $5.4 billion
Key Takeaways MicroStrategy acquired an additional 55,500 BTC as part of its strategy to increase Bitcoin holdings. Bernstein projects MicroStrategy’s Bitcoin holdings could reach 830,000 BTC by 2033, valued at $1 million per coin. Share this article MicroStrategy said Monday it had acquired an additional 55,500 Bitcoin for $5.4 billion at an average price of […]
Bath & Body Works Reports Better Than Expected Third Quarter Results
Image Source: Unsplash Bath & Body Works, Inc. (NYSE: BBWI) delivered a robust performance in the third quarter of 2024, surpassing both its own guidance and market expectations. The company reported net sales of $1.61 billion, marking a 3% increase compared to the same period last year.Earnings per diluted share came in at $0.49, slightly down from […]
Ripple partners with Archax to debut first tokenized money market fund on XRPL
Key Takeaways Archax and Ripple are collaborating to launch the first tokenized money market fund on XRPL. Tokenized assets could reach $16 trillion by 2030, showing great growth potential in digital securities. Share this article Ripple is teaming up with Archax, a UK-regulated digital asset exchange, to launch a tokenized money market fund from UK […]
