Category Archive: Cryptocurrency, No picture
Binance launches Pre-Market trading for early token access
Key Takeaways Binance’s pre-market trading allows buying and selling before official listings. The service includes a strict vetting process for token security. Share this article Binance has launched its Pre-Market trading service today, allowing users to buy and sell tokens before their official spot listing. This service provides users with early access to new tokens, […]
Visa launches platform for banks to launch and test tokenized assets
Key Takeaways Visa launches VTAP to help banks issue and test fiat-backed tokens on blockchains. BBVA is testing the platform and plans to launch a pilot on Ethereum in 2025. Share this article Visa has introduced a new platform to assist banks in issuing and testing fiat-backed tokens, as reported by Blockworks. The Visa Tokenized […]
Finding Fiscal Firepower. The Energy Report
Oil is pulling back as a warning from the Organization for Economic Co-operation and Development (OECD) global governments had better cut spending and raise taxes to regain what they call “Fiscal Firepower” to fight the next economic shock. The think thank says that while global governments may have turned the corner on inflation, they have […]
EUR/GBP Continues Recovery Sparked By Governor Bailey’s Dovishness EUR/GBP rebounds despite increasing odds of an ECB Autumn cut Stronger GBP unlikely to feedback into lower inflation – Commerzbank
EUR/GBP continues its recovery, trading up 0.40% in the 0.8360s on Wednesday. The Pound started losing ground against the single currency after commentary from Bank of England (BoE) governor Andrew Bailey, in which he said that he saw interest rates continuing to fall gradually. This, in turn, put pressure on Sterling since lower interest rates attract less capital inflows. “I’m […]
Kamala Harris likely to fire Gary Gensler if elected, says Mark Cuban
Key Takeaways Mark Cuban suggests Kamala Harris may remove Gary Gensler as SEC Chair if elected. Gensler faced criticism in Congress over unclear crypto asset definitions and regulations. Share this article Billionaire Mark Cuban stated that Vice President Kamala Harris’ team opposes “regulation through litigation,” suggesting Gary Gensler could be removed as Chairman of the […]
Bull Of The Day: Okta
Okta (OKTA), a $13 billion provider of identity security solutions, is back to the upper realms of the Zacks Rank after EPS estimates turned back north this month.What’s odd is that the stock price is still in the cellar after their late August earnings report saw shares drop over 17% on the day of, and then […]
Chinese Indices Rise On PBoC Stimulus. In Australia, Inflationary Pressures Are Easing
At Tuesday’s close, the Dow Jones Index (US30) was up 0.20%, while the S&P 500 Index (US500) added 0.25%. The NASDAQ Technology Index (US100) closed positive 0.56%. Hawkish comments from Fed Chair Bowman, the only dissenter to last week’s 50 bps cut in the Fed Funds rate, put some pressure on stocks on Tuesday when she […]
CELO jumps 25% after project gains endorsement from Vitalik Buterin
Key Takeaways Celo’s transition to Ethereum L2 marks a significant network enhancement. Major stablecoins like USDC and USDT have expanded their presence on Celo in 2024. Share this article CELO, the native utility token of the Celo platform, surged around 25% to $0.68 after Vitalik Buterin, the Ethereum co-founder, praised the project’s recent achievement in […]
Use These Insights From FOMC To Predict The Market!
In this post, we’ll break down an insightful market analysis, examining the recent FOMC bar and its potential implications for the broader market. These observations will help you understand where the market could be headed next.1. What is the FOMC Bar and Why It MattersThe FOMC (Federal Open Market Committee) bar represents market reactions during […]
DXY & EURUSD Trade Setups – Wednesday, September 25
In this update, we review the recent price action in the Dollar Index & the EURSD and identify the next high probability trading opportunities and price objectives to target.Video Length: 00:03:32More By This Author:FTSE Bounces Back Despite Econ Data DisappointmentUS500 Weekly Action Areas & Price ObjectivesFTSE Fading From Two Week Highs As Pound Weighs
