Category Archive: Cryptocurrency, No picture
Bitcoin ETFs hit $7 billion in trading volume, highest since March
Key Takeaways Spot Bitcoin ETF trading volumes peaked at $7.2 billion on November 11. BlackRock’s IBIT ETF led the market with $4.6 billion in trading volume. Share this article Institutional appetite for Bitcoin continues to grow as US spot Bitcoin ETFs saw their biggest trading day in over 7 months. According to Bloomberg ETF analyst […]
Australian Dollar Extends Losses Due To Likelihood Of Potential Tariffs From Trump
Image Source: Unsplash The Australian Dollar depreciates due to concerns over potential tariffs on Chinese goods from US President-Elect Donald Trump. Australia’s Westpac Consumer Confidence index increased by 5.3% in November, reaching 94.6 points. Traders await the US Consumer Price Index data release on Wednesday for insights into future US policy. The Australian Dollar (AUD) losses […]
Bitcoin’s Market Cap
Image Source: UnsplashJust to put things in perspective, here’s how the total value of all Bitcoins. Incredibly, 30% of this value has been lost by human error, such as losing the password or throwing away a hard drive. This evening, $BTC seems hellbent on getting to $90,000. More By This Author:Crypto-Crazed Next Era’s Next Era Capricious […]
The Canadian Cannabis Report- Monday, Nov 11
Image Source: UnsplashFor the trading week ended November 8, 2024 my proprietary Canadian Cannabis Company Index (MCCCI) decreased by 9.5% compared to the prior week when it increased by 4.8 %. The index consists of 14 stocks, many of which are among the most widely held holdings of the 3 ETFs (MJ, CNBS, and THCX) that […]
Asia Open: China’s 1 Trillion Export Problem, Sends FX Traders On Yuan Watch
Image Source: Unsplash MARKETSMost U.S. stocks are pushing higher on Monday, with sectors expected to benefit from Trump’s re-election—particularly small-caps and financials—leading the way. While Big Tech has been cooling off and keeping the indexes from soaring, the S&P 500 still managed to edge upward in late trading. This comes off the back of its best […]
Dollar, Financials Rise, While Oil And Technology Fall
Image Source: Unsplash Stocks ended the day mostly mixed. The technology sector was down, while small caps and financials were higher, leading to the S&P 500 finishing near flat. Dollar The bond market was closed today, but the dollar was stronger, rising by more than 50 bps on the dollar index. The DXY is nearing a […]
Drilling For Oil Drilling Stocks
Image Source: Unsplash The oil and gas industry has experienced significant fluctuations in recent years, influenced by various factors such as geopolitical tensions, fluctuating demand, and the rise of renewable energy. Despite these challenges, oil and gas remain crucial components of the global energy mix, particularly for emerging economies.Global oil demand is projected to remain robust, […]
Bitcoin At All-Time High: Should You Sell Or Buy More?
Image Source: Unsplash Bitcoin breaks above $84,000, and here’s what you need to know if you feel you missed out or if you are considering selling at BTC high prices.I’m Kiana Danial, a former engineer, I wrote the first edition of this book in 2018 (show green first then move to red), and my total crypto […]
Bitcoin surpasses Silver market cap, becomes world’s 8th largest asset
Key Takeaways Bitcoin’s market cap has exceeded silver’s, reaching $1.736 trillion. Strong institutional interest in Bitcoin was seen today, with $4.5 billion in trading volume from BlackRock’s IBIT Bitcoin Trust. Share this article Bitcoin’s market cap has reached a new milestone, surpassing silver with a valuation of $1.736 trillion, making it the world’s 8th largest […]
Bitcoin Is Having A Redefining Moment
Image Source: Unsplash The “Bitcoin Industrial Complex” ecosystem of crypto and crypto stocks and ETFs saw a record $38 billion in trading volume today. The iShares Bitcoin Trust ETF (IBIT) alone saw $4.5 billion in inflows – not a bad start to the week.Of course, this comes at an interesting time – the wake of last […]
