Category Archive: Finance, No picture
Australian Dollar Loses Ground Following CPI Data
Image Source: Unsplash The Australian Dollar depreciates following the release of softer CPI data on Wednesday. Australia’s Monthly CPI for December 2024 increased by 2.5% YoY, remaining within the RBA target range of 2-3%. Traders expect the Fed to maintain its policy rate within the target range of 4.25%-4.50%. The Australian Dollar (AUD) extends its losses […]
Stocks And Precious Metals Charts – Resist The Command To Do Evil
Image Source: UnsplashToday was a typical option expiration for the metals on the Comex. The test of the longs occurred yesterday, and after this morning it was taking profits and short-covering.However, there will be an FOMC decision and press conference tomorrow, and the markets will be listening to what Joltin’ Jay has to say, especially in regard […]
Bitcoin clings to 100K ahead of tomorrow’s FOMC meeting
Key Takeaways Bitcoin remains above $100,000 ahead of the FOMC meeting. Fears of hawkish comments from Fed Chair Powell fuel caution, with broader markets showing pre-meeting volatility. Share this article Bitcoin is holding tightly to the $100K mark as traders brace for tomorrow’s Federal Open Market Committee (FOMC) meeting. After a 3% correction during Tuesday […]
Bitwise files for Dogecoin ETF as institutional interest in meme coins grows
Key Takeaways Bitwise’s Dogecoin ETF is the first of its kind under the ’33 Act, providing secure, physically backed exposure to DOGE. With physically backed Dogecoin ETF filing, Bitwise aims to legitimize DOGE as a viable institutional-grade asset. Share this article Bitwise filed for a Dogecoin ETF with the SEC, marking the first physically backed […]
Why DeepSeek Tanked U.S. Tech Stocks
Image Source: Unsplash Introduction: The Impact of DeepSeek’s R1 Release On Monday, January 20, 2025, the AI industry witnessed a seismic shift with the release of DeepSeek’s new open-source model, R1. It took a week, but US tech stocks are now repricing in light of what is being reported as a major breakthrough on performance and […]
DeepSeek, The Federal Spending Freeze, And America’s Innovation Crisis
Image Source: Unsplash Nvidia (NVDA) just lost $600 billion in value in a single day—the largest single-stock drop in history—and all because of a Chinese AI startup called DeepSeek. But this isn’t just about Nvidia or AI. It’s about how America is battling its own assumptions about innovation, efficiency, and progress. In this video, I’ll talk […]
Koinos.fun beats Elon Musk to feeless, tokenless transfers over X social platform
Share this article Koinos.fun – a new app that allows users to mint an NFT and send it to a friend on Elon Musk’s social media platform X – has onboarded over 1,000 new blockchain users in less than four hours.The web app promises a completely new way to transfer value over a blockchain, without […]
New York Home Prices On Top
Image Source: Unsplash Updated home price data from S&P CoreLogic Case Shiller was published this morning through the month of November 2024. Below is a summary table of key results across the 20 cities/regions tracked by Case Shiller. Most cities saw home prices decline month-over-month from October to November, with San Francisco and Seattle down the most at […]
SEC removes Ripple lawsuit from its website as case moves to appeals court
Key Takeaways The SEC has removed Ripple-related actions from its website as the lawsuit moves to the Court of Appeals. Civil actions removed from SEC records as Ripple requests April 16, 2025, deadline for its appeal brief. Share this article The SEC has removed Ripple-related civil actions from its website as the lawsuit advances to […]
Coinbase launches in Argentina with VASP license approval
Key Takeaways Coinbase launched operations in Argentina with a Virtual Asset Service Provider license. 87% of Argentinians believe crypto can aid financial independence amid economic challenges. Share this article Coinbase has launched operations in Argentina after receiving a Virtual Asset Service Provider (VASP) license from Argentina’s National Securities Commission, marking its expansion into a market […]
