Category Archive: Cryptocurrency, No picture
BlackRock’s Bitcoin ETF joins top 1% of ETFs by size, hits $40 billion milestone in record time
Key Takeaways BlackRock’s Bitcoin ETF reached $40 billion in assets in just 211 days, setting a new speed record. IBIT is now larger than all ETFs launched in the past decade, ranking in the top 1% by size. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) has amassed $40 billion in assets under management just […]
Stocks Of The Day: 4-Pillar Power Plays You Can’t Miss – Today’s Biggest Movers
Image Source: Unsplash As the trading day kicks off, it’s looking like a risk-on day. We’ve witnessed several compelling movements in key stocks, all underpinned by macro catalysts. Today’s top stock picks revolve around our proprietary StoryTrading 4-pillar framework: ⚡️Catalysts, ❤️Sentiment, 📊Fundamentals, and 📈Technicals, which helps us deliver a robust view of each opportunity. In today’s […]
BlackRock expands BUIDL fund access across Aptos, Arbitrum, Avalanche, Optimism, and Polygon
Key Takeaways BlackRock expanded its BUIDL fund to include Aptos, Arbitrum, Avalanche, Optimism, and Polygon. The BUIDL fund became the world’s largest tokenized fund by assets under management in under 40 days. Share this article BlackRock announced the expansion of its BlackRock USD Institutional Digital Liquidity Fund (BUIDL) across five additional blockchain networks: Aptos, Arbitrum, […]
EUR/USD Could Head To $1.05 Amid Deteriorating Macro Backdrop
Image Source: Unsplash So far this week, the FX markets have continued to head in the same direction of dollar strength following last week’s US election results. The dollar is strengthening amid expectations for a higher terminal interest rate from the Fed, owing to Trump’s inflationary fiscal policy. In contrast, currencies set to be hit the […]
Solana meme coin $PNUT soars to $1 billion market cap after Binance listing
Key Takeaways PNUT’s market cap surpassed $1 billion within 48 hours due to a Binance listing. 60% of Binance’s meme coin listings are Solana-based, with significant market growth observed. Share this article Peanut the Squirrel (PNUT), a newly launched meme coin on the Solana blockchain, has surged past $1 billion in market cap in less […]
China’s Exports Surge As Factories Resume Rush To Beat New Tariffs
The total value of goods exchanged between the U.S. and China rose in September 2024. The U.S. Census Bureau reports the combined value of goods either imported or exported between the two nations totaled $54.3 billion, which is both up from $51.8 billion in August 2024 and up from $52.1 billion in September 2023.Much of […]
“Presidential” Stocks In A Trump Comeback
Image Source: Unsplash In a twist that few saw coming, Donald Trump clinched a comeback victory, reigniting his signature style and policy focus in the White House. The markets roar, tremble, and speculate as Wall Street attempts to decode this new era of “America First” economics, a revived Trump playbook, and promises of booming industries. With […]
FOREX: Trump 2.0 – A High-Stakes Economic Rollercoaster For Global Markets
Image Source: Unsplash The “Trump trade” is back in full force, shaking up global markets in the aftermath of the November 5th U.S. election. This resurgence has led to substantial shifts in both currency and bond markets, with the U.S. dollar index (DXY) jumping 2.0% + since election day. The impact on the euro-dollar (EUR/USD) pair—a […]
FX Daily: CPI May Keep Dollar Going
Image Source: Unsplash The dollar rally is at risk of some positioning-led correction, but we expect that US core CPI will come in at a relatively hot 0.3% MoM, which should keep markets rather hawkish on Fed pricing. USD: Inflation may stay too hotThe second round of post-election Trump trades has now taken the DXY dollar […]
Australian Dollar Recovers Losses As PM Albanese Shares About Trade Discussion With Trump
Image Source: Unsplash The Australian Dollar appreciates as PM Albanese has shared about a trade discussion with Trump last week. Australia’s Wage Price Index increased by 3.5% YoY in Q3, down from a 4.1% rise in Q2. The US Consumer Price Index data release will be eyed in the North American session. The Australian Dollar (AUD) attempts to […]
