Category Archive: Cryptocurrency, No picture
a16z crypto backs Fairshake PACs with $23 million for pro-crypto policy in 2026 midterms
Key Takeaways Andreessen Horowitz is donating over $23 million to Fairshake for the 2026 election cycle. A16z advocates for comprehensive market structure legislation and stablecoin laws. Share this article Andreessen Horowitz (a16z) has committed over $23 million to Fairshake and its affiliated PACs for the 2026 midterm elections, aiming to drive progress on crypto regulation […]
Justin Sun, Andre Cronje claim Binance charges zero listing fees while Coinbase demands millions
Key Takeaways Justin Sun and Andre Cronje claim Binance charges no listing fees while Coinbase demands up to $300 million. According to Moonrock Capital CEO, Binance requests a significant portion of a project’s total token supply as a fee for listing. Share this article Tron founder Justin Sun and Fantom Network founder Andre Cronje asserted […]
Europe’s largest telecom provider to pilot Bitcoin mining using surplus renewable energy
Key Takeaways Deutsche Telekom’s subsidiary and Bankhaus Metzler are launching a Bitcoin mining project in Germany using surplus renewable energy. The project tests Bitcoin miners’ ability to stabilize the energy grid and supports the growing trend of using blockchain technology in non-financial sectors. Share this article MMS, a subsidiary of Deutsche Telekom, Europe’s largest telecommunications […]
S&P 500 Retreats As Wall Street Bear Takes Away Expected Future Rate Cuts
It’s a strange time for the stock market. It’s almost like one of Aesop’s fables or a fairy tale, except featuring Wall Street’s bulls and bears, in which something the bear has done has affected the trajectory of stock prices.The S&P 500 (Index: SPX) pulled back as the prospect of faster rate cuts dimmed during the […]
USD/CAD Bounces Back As Canadian Dollar Weakens, US Elections Take Center Stage
The USD/CAD pair recovers half of its intraday losses after discovering significant buying interest around the key support of 1.3900. The Loonie asset bounces back despite the US Dollar (USD) remaining vulnerable against its major peers, suggesting sheer weakness in the Canadian Dollar (CAD).The CAD remains on the backfoot as the Bank of Canada (BoC) is expected to […]
Nvidia Set To Replace Intel In Dow Jones Industrial Average; INTC Down 50%+ In 2024
Image Source: Unsplash In a significant reshuffling of the Dow Jones Industrial Average (DJI), Nvidia (Nasdaq: NVDA) is set to replace Intel (Nasdaq: INTC) after a notable 25-year run on the index. This transition, announced by S&P Dow Jones Indices, also sees Sherwin-Williams (NYSE: SHW) taking the place of Dow (NYSE: DOW).The changes underscore a major shift in […]
FX Daily: Let US Election Volatility Begin
Image Source: Unsplash Markets are seemingly scaling back some Trump trades, and we suspect the next two days can see some abnormal swings in USD crosses due to tighter volatility conditions ahead of a closely contested and highly binary US election. There are also many central bank meetings this week. Regardless of the election result, we […]
Current Report: Credicorp (BAP)
Credicorp Ltd (BAP) is a Peruvian financial services company.It operates in four business lines including Universal Banking, Insurance and Pensions, Microfinance, and Investment Management & Advising.Its subsidiaries include Banco de Credito del Peru, Prima AFP, and Credicorp Capital.The company was founded in 1889 and is headquartered in Lima, Peru.Three key data points gauge Creditcorp or […]
U.S. Election Betting Pools Tighten Ahead Of A Coin-Flip Race
MARKETSA whirlwind of weekend polls has turned up the heat in the showdown between Vice President Kamala Harris and former President Donald Trump. Across the nation and critical swing states, voters are split right down the middle. High-stakes bettors swarmed “Polymarket,” throwing shade to Trump and sunshine to Harris, narrowing the betting polls and stirring […]
Elliott Wave Analysis Of SP500, Nasdaq, Apple, Tesla Ahead Of U.S. Elections
SP500 (SPX), Nasdaq 100 (NDX), Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL), Bitcoin (BTC). Stock market Elliott Wave technical analysis and trading strategies:Any move lower is part of a bullish corrective pattern, as the US markets are in a bullish trend.Holding off on short term […]
