Category Archive: Finance, No picture
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, […]
Shiba Inu Unveils New Meme Coin ‘SHIFU’: Everything You Need To Know
The Shiba Inu ecosystem on Tuesday announced an exclusive airdrop of its new meme coin, Shifu (SHIFU). SHIFU has a total supply of 100,000,000,000 tokens, and it will be launched on both the Ethereum and Shibarium blockchains.The announcement was made in an official post on the social media website X (formerly Twitter). SHIFU airdrop detailsThe […]
EUR/JPY Trades Below 161.50 After Pulling Back From Four-Week Highs
EUR/JPY halts its two days of gains, pulling back from a four-week high of 162.47, which was marked on Tuesday. The downside of the EUR/JPY cross is bolstered by the release of mixed German data from the CESifo Group, trading around 161.30 during the European hours.The headline German IFO Business Climate Index declined to 84.7 […]
FX Daily: Waiting On The Last Big Macro Events Of The Year
Image Source: Unsplash USD has continued to buck seasonal depreciating trends thanks to a still-high short-term swap rate. We expect a wait and see approach today ahead of the last key central bank events of the year over the next couple of days. Outside of the US, strategic CAD shorts are likely being added due to […]
