Category Archive: Cryptocurrency, No picture
Sam Bankman-Fried’s parents working to get a pardon from Trump
Key Takeaways Sam Bankman-Fried’s parents are seeking a presidential pardon from Donald Trump. The effort follows Trump’s recent use of clemency powers, including his pardon of Silk Road founder Ross Ulbricht. Share this article Sam Bankman-Fried’s parents are seeking a presidential pardon from Donald Trump, according to a Bloomberg report. Stanford Law School professors Joseph […]
Solana’s market structure mirrors Bitcoin and Ether, strengthening its bid for US ETF approval
Key Takeaways Solana’s market structure shows strong liquidity and price correlation, similar to Bitcoin and Ethereum. Research indicates Solana’s effective spreads and trade costs meet or exceed those of Bitcoin and Ethereum, supporting readiness for US ETPs. Share this article Solana’s (SOL) market structure shows deep liquidity and strong cross-exchange price correlations, putting it on […]
Is Rising UK Wage Inflation A Threat To J Sainsbury’s Share Price?
Image Source: Unsplash Instrument: J Sainsbury plc Average Pattern Move: -35.97% Annualized Return Timeframe: February 2 – March 14 Winning Percentage: 30% J Sainsbury Plc (JSNSF), the UK’s second-largest grocer, is facing significant operational and economic challenges. In a bid to address rising costs and tax pressures, the company announced a reduction of 3,000 jobs, including a 20% […]
End Of Month/Week-South American Weather Vs. Upside Momentum – The Corn & Ethanol Report
We kicked off the day with Export Sales, GDP Growth Rate QoQ Adv, GDP Price Index QoQ Adv, Initial Jobless Claims, Continuing Jobless Claims, Core PCE Prices QoQ Adv, GDP Sales QoQ Adv, Jobless Claims 4-week Average, PCE Prices QoQ Adv, and Real Consumer Spending QoQ Adv at 7:30 A.M., Pending Home Sales MoM 7 […]
S&P 500 Earnings Dashboard 24Q4 – Thursday, Jan. 30
Image Source: Unsplash S&P 500 Aggregate Estimates and Revisions 24Q4 Y/Y earnings are expected to be 11.1%. Excluding the energy sector, the Y/Y earnings estimate is 14.5%. Of the 149 companies in the S&P 500 that have reported earnings to date for 24Q4, 73.2% reported above analyst expectations. This compares to a long-term average of 67%. The 24Q4 Y/Y blended revenue growth estimate is 4.5%. If the energy sector is […]
The Silver Lining Playbook – Manic Metals Report
Image Source: Unsplash There may be a silver lining in the old gold silver ratio playbook. For the first time in a long time, it seems like silver might get ready to outperforming gold.A beautiful head and shoulders formation that I mentioned just some folks in silver could be an and early turningThat really is starting […]
Venmo founder’s JELLYJELLY meme coin surges 1000%
Key Takeaways Venmo co-founder’s meme coin JELLYJELLY surged over 1000%, reaching a $250 million market cap shortly after its debut. The token will grant early access to the JellyJelly video-sharing app, part of a growing trend of projects using Pump.fun for product-backed token launches. Share this article Venmo co-founder Iqram Magdon-Ismail and early Venmo investor […]
El Salvador amends Bitcoin law to comply with IMF deal, making acceptance voluntary
Key Takeaways El Salvador’s Congress quickly passed a bill amending its Bitcoin law to align with an IMF loan agreement, ensuring voluntary acceptance. The reform maintains Bitcoin as legal tender while limiting mandatory use, a shift urged by the IMF in exchange for financial support. Share this article El Salvador’s Congress approved legislation amending the […]
USD/CAD Trades Subduedly Above 1.4400 Despite US Dollar Slides After Us Data
The USD/CAD pair trades in a subdued manner above the key support of 1.4400 in Thursday’s North American session. The Loonie pair is broadly sideways despite the US Dollar (USD) faces a sharp selling pressure after the release of the weak United States (US) Q4 Gross Domestic Product (GDP) data and lower Initial Jobless Claims for the week ending […]
Illinois Moves Forward With Bitcoin Reserve Bill In Crypto-Friendly Push
Illinois has advanced a Bitcoin strategic reserve bill that will allow the state to hold the flagship cryptocurrency.On January 29, House Bill 1844, introduced by State Representative John Cabello, was referred to the Rules Committee for further review before potential approval from lawmakers. The bill proposes the creation of a Strategic Bitcoin Reserve Fund, a special fund […]
