Category Archive: Finance, No picture
AUD/JPY Rises Above 98.50 Due To Rising Odds Of Rba Maintaining A Restrictive Policy
AUD/JPY gains ground, trading around 98.70 during the European session on Monday. This upside of the AUD/JPY cross is attributed to the Reserve Bank of Australia’s (RBA) hawkish stance contributing support to the Australian Dollar (AUD). The RBA kept its cash rate at 4.35% for a seventh consecutive meeting and stated that the policy would […]
Taiwan’s financial watchdog greenlights foreign crypto ETFs for pro investors
Key Takeaways Taiwan FSC now permits professional investors to invest in foreign virtual asset ETFs. Securities firms must evaluate investor suitability and provide regular training. Share this article Taiwan’s financial regulator, the Financial Supervisory Commission (FSC), now allows professional investors to invest in foreign virtual asset ETFs through a re-entrustment method, according to a Monday […]
Ethereal Exchange proposes integration with Ethena Network
Key Takeaways Ethereal proposes a 15% token allocation to ENA holders if integrated with Ethena. Ethereal aims to match centralized exchange performance with full self-custody. Share this article Ethereal Exchange has submitted a proposal to Ethena governance, seeking community approval to launch a new spot and perpetual exchange built on USDe and integrated into the […]
OpenAI’s O1 Model: A Quantum Leap In AI Intelligence
Image Source: Unsplash OpenAI’s newest AI model, o1, released on September 12, 2024, has shattered expectations and redefined the landscape of artificial intelligence. Its unprecedented performance on benchmark tests, surpassing PhD-level experts across nearly every domain, has sent ripples through the tech world and beyond.Dr. Alan D. Thompson, a prominent AI researcher and analyst, provided a […]
Don’t Ever Underestimate The Power Of Repeatability
Image Source: Pexels Last month, the unfortunate owners of this Outer Banks, North Carolina, property lost it to the ocean. Twenty years ago, the house had plenty of beach in front of it.Today, that’s clearly no longer the case.No doubt, the owners would have taken preventative measures if a sudden event destroyed half of their “front […]
Is Soaring Industrial Demand In 2024 Ushering In A New Era Of Higher Silver Prices?
Video length 00:10:36This week silver prices surged past $32 per ounce for the first time in a long time. Was this fueled by growing expectations that the Federal Reserve would continue to lower its benchmark interest rate and escalating geopolitical tensions worldwide, which boosted safe-haven demand?With the market expected to face a fourth consecutive year […]
Bitcoin Soars To $66,000 As The Market Sees Green All-Around
Image Source: Unsplash This Week’s Summary The cryptocurrency market looks set to end the week at a total market capitalization of around $2.31 trillion. Bitcoin moved up by over 5% to trade at around $65,700. Ethereum increased by almost 4% to trade at around $2,660. XRP rose by 11%, Solana by 10%, and Shiba Inu by 36%. Almost all […]
The 7 Largest Companies – Sunday, Sept. 29
Image Source: PexelsHere is a brief look at the 7 largest companies by market capitalization as of Sunday, Sept. 29, 2024. Additionally, I have included the percentages of their gains on a year-to-date basis. Let’s dive into the numbers. Apple (AAPL) has a market cap of around $3.49 trillion, with year-to-date gains of +18.3% Microsoft (MSFT) has a […]
Pairs In Focus – Sunday, Sept. 29
Image Source: Pexels GBP/USD The British pound rallied during the course of the week, as it had initially pulled back, only for it to turn around and break above the 1.34 level during the middle of the day on Friday. The GBP/USD market has continued to see a lot of bullish behavior, and I think any dips in this space […]
Rate Cuts Point To Major Stock Market Decline
Image Source: Unsplash Coming up Gerald Celente of the Trends Journal joins us for an explosive interview on a range of topic, including gold’s rise, the pending death of the dollar and why Gerald is more concerned now than ever that we’re on the verge of World War III. In fact, he believes that it’s already […]
