Category Archive: Finance, No picture
SEC VS Ripple Lawsuit Resolved, BTC ETFs, And The Election
In today’s episode we’ll discuss the SEC v. Ripple lawsuit finally being resolved, Bitcoin ETFs, and what the upcoming presidential election means for crypto.Video Length: 00:27:54More By This Author:What Is The 4% Rule For Retirement Withdrawals?Bitcoin ETF Launch Update, SEC’s X Account Hacked, & Greyscale’s OutflowWill Mortgage Rates Drop In 2024?
Market Hit By Two Fresh Risks
There have been two major developments over the past 24 hours, both having a risk off impact on financial markets. The first is the Iran attack on Israel which has escalated geopolitical tension and triggered a flight to safety back into the US Dollar. The second is the International Longshoreman Association strike.Video Length: 00:01:11More By […]
Crypto markets reel as Middle East conflict sparks global uncertainty
Key Takeaways Bitcoin’s value fell to $60,200 due to geopolitical tensions, causing significant market liquidations. US spot Bitcoin ETFs recorded substantial outflows, with the largest from the Fidelity Wise Origin Bitcoin Fund. Share this article On the macro level, crypto markets have been thrown into turmoil as geopolitical tensions between Israel and Iran escalate, challenging […]
AUD/JPY Advances To Near 99.50 Due To Hawkish RBA Stance On Policy Outlook
AUD/JPY retraces its recent losses registered in the previous day, trading around 99.40 during Wednesday’s European session. The hawkish sentiment surrounding the Reserve Bank of Australia (RBA) regarding its interest rate trajectory provides support for the Australian Dollar (AUD) and underpins the AUD/JPY cross.However, the upside of the risk-sensitive Aussie Dollar could be retrained due […]
Kraken to delist Monero in European Economic Area due to regulatory pressure
Key Takeaways Kraken will halt Monero transactions in the EEA by the end of October 2024 due to regulatory changes. Remaining Monero holdings will be converted to Bitcoin after the December 31, 2024, withdrawal deadline. Share this article Kraken, one of the world’s largest crypto exchanges, has announced it will delist Monero (XMR) for users […]
Crypto voters emerge as key bloc in 2024 election, new survey finds
Key Takeaways Half of US voters support pro-crypto policies according to a new Consensys and HarrisX survey. Crypto owners are highly likely to vote, with 92% indicating their intention to participate in elections. Share this article A new study by Consensys and HarrisX reveals that crypto-friendly policies could sway a significant portion of voters in […]
Discipline: The True Key To Investing Success
Image Source: Pexels“You have bigger cojones than me.”That’s what one of my buddies told me this past August as the market was sliding. He and I were discussing investing, and I mentioned that I had put some money to work.“I don’t know when this sell-off is going to end. I’m too scared to buy right now,” […]
Business Cycle Indicators – August Monthly GDP
Image Source: PexelsHere’s a snapshot of key indicators followed by the NBER’s Business Cycle Dating Committee, along with SPGMI’s monthly GDP.Figure 1: Nonfarm Payroll (NFP) employment from CES (blue), implied NFP from preliminary benchmark (bold blue), civilian employment (orange), industrial production (red), personal income excluding current transfers in Ch.2017$ (bold light green), manufacturing and trade sales in […]
The Most Insulting Economic Narrative
Image Source: PexelsOne of the big puzzles of the last few years has been consumer sentiment. The US economy and stock market have outperformed virtually every global economy and market. Wages have grown nicely in the last few years. And yet sentiment remains subdued. What gives?First, the debate is highly partisan. Sentiment by Democrats tends to […]
Bitwise’s XRP ETF bid likely to fail if SEC appeals Ripple case on Oct. 7 : Galaxy Digital Head of Research
Key Takeaways The SEC’s appeal in the Ripple case could derail the approval of an XRP ETF. Investor interest in XRP ETFs hinges on SEC’s regulatory decisions. Share this article Bitwise’s XRP ETF bid is unlikely to succeed if the SEC appeals the Ripple ruling, which determined that XRP sales on secondary markets to retail […]
