Category Archive: Finance, No picture
Foreign Investment To Add 100K U.S. Jobs – The Corn & Ethanol Report
We kicked off the day with Retail Sales MoM & YoY, Retail Sales Ex Autos MoM, and Retail Sales Ex Gas/Autos MoM at 7:30 A.M., Industrial Production MoM & YoY, Capacity Utilization, and Manufacturing Production MoM & YoY at 8:15 A.M., Business Inventories, NAHB Housing Market Index, and Retail Inventories Ex Autos MoM at 9:00 […]
Bitcoin Top Here? What Historical HODLer Selloff Pattern Says
Image Source: Unsplash On-chain data shows the Bitcoin long-term holders are selling. Here’s whether the current level of selloff is enough for a price top or not. Bitcoin Long-Term Holders Have Been Selling Big Recently In a new post on X, analyst Ali Martinez has discussed about the historical trend in the holdings of the long-term holders relative […]
Anti-crypto Caroline Crenshaw will not be renominated as SEC Commissioner following committee vote cancellation
Key Takeaways The Senate committee has abandoned its efforts to renominate Caroline Crenshaw as a SEC commissioner. Crenshaw’s tenure has been marked by opposition to crypto policies, aligning with SEC Chairman Gensler. Share this article The Senate Banking Committee’s vote on the reappointment of SEC Commissioner Caroline Crenshaw has been canceled, as reported by FOX […]
Top Trade Picks Of The Day: Don’t Miss These Market Movers
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Image Source: Unsplash Good morning, traders! Markets opened with a blend of cautious optimism and explosive opportunity as we gear up for the FOMC meeting tomorrow. As always, the pre-market action sets the stage for […]
All about the new $10T crypto market cap
Share this article The crypto market has exploded recently, going from a niche for speculation into a global financial colossus. The market is already being capitalized with trillions of dollars, which are already measured by technological advancement, institutional participation, and global adoption. The market cap size is expected to be as much as $10 trillion. The […]
Trump meets with Crypto.com CEO to discuss Bitcoin reserve and crypto appointments
Key Takeaways Kris Marszalek of Crypto.com met with Donald Trump to discuss potential crypto appointments and Bitcoin reserve matters. Trump’s administration has appointed several crypto advocates to key financial positions. Share this article President-elect Donald Trump met with Crypto.com CEO Kris Marszalek at his Mar-a-Lago estate in Florida on Monday to discuss appointments related to […]
Tether invests in StablR to boost stablecoin adoption in Europe
Key Takeaways Tether invests in StablR to enhance the adoption of stablecoins in Europe. StablR utilizes Tether’s Hadron platform for asset tokenization and regulatory compliance. Share this article Tether has invested in StablR, a European stablecoin provider, to accelerate stablecoin adoption across Europe, according to a Dec. 17 statement.The investment comes as the deadline for […]
U.S. Recession Probability Drops Below 50%
The probability a U.S. recession will someday be determined to have begun between December 2024 and December 2025 has dropped below 50%.This assessment is based on the yield curve-based recession forecasting model developed by Jonathan Wright in 2006. Going by this model, the odds of a U.S. recession in the next year dropped below the 50% threshold […]
USD/CAD Reaches Multi-Year Highs Near 1.4300 Amid The Canadian Political Crisis
The US Dollar keeps appreciating against the Canadian Dollar and trades right below 1.4300 for the first time in four years. Concerns about the negative impact of US tariffs on Canadian products and a political crisis in Canada are crushing the Canadian Dollar. Canada’s finance minister, Chrystia Freeland, resigned on Monday due to disagreements with the […]
EUR/USD Holds Steady Ahead Of Crucial Federal Reserve Meeting
Image Source: Pixabay The EUR/USD pair is trading neutrally around 1.0510 as market participants adopt a cautious stance ahead of the Federal Reserve’s upcoming decision on interest rates. With the December meeting set to begin tonight and conclude tomorrow, all eyes are on the potential rate adjustment. The prevailing expectation is a 25 basis point cut, […]
