Category Archive: Finance, No picture
Bitcoin To The Moon, Tesla To Mars
Image Source: Unsplash Wow, what a week it’s been! The election is now over, with Donald Trump emerging as the victor. The Federal Reserve also cut interest rates another 25-basis points, continuing the trend of monetary easing.I went into the election 100% long. This was not because I expected one particular outcome or another. I was just […]
Hong Kong trials anonymous KYC to enable stablecoin access for Chinese residents
Key Takeaways Flare and Red Date Technology tested a decentralized identity system in Hong Kong allowing anonymous stablecoin access. The trial used China’s RealDID to verify identities without revealing personal information. Share this article Flare and Red Date Technology have launched a new trial of a decentralized identity system in Hong Kong, allowing Mainland Chinese […]
Cresco Labs Q3: Net Loss Reduced By 85% But EBITDA Also Declined By 5%
Image Source: Unsplash Cresco Labs Inc. (CRLBF), a constituent in the American Cannabis MSO Stocks Index, has released its financial results for the third quarter (Q3) ended September 30th, 2024, today, as follows: Q3 Financial Highlights (The information below compares Q3 2024 with Q2 2024 and all figures are in U.S. dollars.) Net Revenue: DOWN 2.5% to $179.8M Adj. Gross Profit: DOWN 1.5% […]
Bitcoin: Finally Back To All-Time Highs As Anticipated
Image Source: Unsplash We talked about Bitcoin consolidation throughout to whole summer and we shared a lot of articles about an Elliott Wave corrective movement within uptrend. We were talking about wave IV correction that can send the price higher for wave V, after summer range is over. BTCUSD Weekly Chart From August 29 As you can […]
TRON’s meme coin boom: SunPump, $SUNDOG, and Nexmate.AI drive ecosystem growth
Share this article As the meme coin landscape continues to evolve, SunPump has become a crucial platform within the TRON ecosystem, driving engagement and supporting innovative projects. As TRON’s premier meme coin launchpad, SunPump provides creators with a comprehensive environment to launch and grow their meme coins. Through fostering a vibrant community and attracting high-value […]
International Business Machines Corp. Dividend Stock Analysis
Image Source: Unsplash Linked here is a detailed quantitative analysis of International Business Machines Corp. (IBM). Below are some highlights from the above linked analysis:Company Description: IBM’s global offerings include information technology services, software, computer hardware equipment, fundamental research, and related financing.Fair Value: In calculating fair value, I consider the NPV MMA Differential Fair Value along with these four calculations […]
Tether’s investment division finances $45M crude oil trade in Middle East with USDT
Key Takeaways Tether financed its first crude oil transaction using USDT, marking its expansion into trade finance. The transaction was part of Tether’s strategy to streamline global trade flows with its stablecoin. Share this article Tether’s investment division completed its first Middle Eastern crude oil transaction, financing a $45 million deal between a major oil […]
Curaleaf Q3 Report: 3% Increase In EBITDA And 9% Decrease In Net Loss
Image Source: Unsplash Curaleaf Holdings, Inc. (CURA) (CURLF) reported its financial and operating results for the third quarter (Q3) ended September 30th, 2024, on November 6th, as follows: Q3 Financial Highlights All financial information is provided in U.S. dollars unless otherwise indicated and compared with the previous quarter. Total Revenue: DOWN 3.4% to $330.5M Domestic: $301.0M (Q2 data NA) International: $29.5M […]
Americans Have Burned Through Their Pandemic Savings
For the past three years, as the United States – like many other nations – battled with elevated inflation, consumer spending has remained remarkably robust, keeping the U.S. economy from sliding into a recession.However, as Statista’s Felix Richter reports, that has come at the expense of personal saving, which dropped sharply in 2022, when the personal saving rate, […]
Searching For Direction
Image Source: Unsplash Overview: The capital markets have been choppy as pre-existing positioning meets new thoughts on the implications of a second Trump administration. The dollar has found better footing today after giving back a chunk of Wednesday’s gains yesterday. The yen is an exception, but it is not exception that the dollar trades heavier against the […]
