Tether invests $1.5 million in Sorted Wallet to boost financial access in emerging markets
Sep 19, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Tether’s $1.5 million investment in Sorted Wallet targets financial inclusion in Africa and Southern Asia. Sorted Wallet facilitates secure crypto transactions on basic mobile phones, promoting economic empowerment. Share this article Tether has invested $1.5 million in Sorted Wallet to enhance financial inclusion in Africa and Southern Asia, where many individuals lack access […]
3 High Yield REITs For Passive Income
Sep 19, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Income investors looking for higher levels of income should consider high dividend REITs. REITs typically own real estate properties that are leased out to tenants.This creates a steady stream of cash flow for REITs, a significant portion of which is paid to shareholders in the form of dividends.The following 3 REITs have strong […]
Bybit backs Ethereum’s first Attackathon with 75 ETH commitment
Sep 19, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Bybit contributes 75 ETH to Ethereum’s first Attackathon, the largest sponsorship to date. WSOT 2024 expands to include both DEX and CEX trading with a $10 million prize pool. Share this article Bybit, the world’s second-largest crypto exchange by trading volume, has announced its sponsorship of Ethereum’s first-ever “Attackathon” with a 75 ETH […]
Maestro – Your one-stop solution for seamless crypto trading
Sep 19, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Share this article Trading crypto is fun and can come with many benefits when done right. But truth be told, trading is also complex, with many requirements when it comes to basic crypto, blockchain, market knowledge, risk assessment, and more. So, is it possible to make trading less complex and more intriguing? Well, the short answer is: […]
Why The Bank Of England Won’t Diverge From The Fed For Long
Sep 19, 2024
Jeremy Parkinson
Finance, No picture
The Bank of England may have got a head-start on the Federal Reserve, but the tone from UK policymakers is still much more cautious. Later this year, however, we think the Bank will be more confident in the inflation outlook and will be content with accelerating the pace of cuts. The BoE is much more cautious […]
Polymarket users outperform economists in predicting US rate cuts
Sep 19, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways 54% of Polymarket users correctly predicted the 50 bps Fed rate cut, outperforming 92% of economists. The crypto market value grew by 3.7% following the rate cut, while equities markets closed negatively. Share this article The majority of economists’ forecasts for the Fed interest rate decision on Sept. 18 were wrong, with 105 […]
Stocks Higher, Dollar Lower: Post-Fed
Sep 19, 2024
Jeremy Parkinson
Finance, No picture
The Federal Reserve’s 50 bp rate cut has made for a volatile 15 hours or so in the foreign exchange market. As North American traders return to their posts, the greenback is heavy. They will find that only the yen and Russian ruble are softer. Norway delivered a hawkish hold, and the krone leads the […]
The US Fed Surprised The Market With A Sharp Rate Cut. Australia’s Labor Market Remains Resilient
Sep 19, 2024
Jeremy Parkinson
Finance, No picture
Stocks rallied first on Wednesday afternoon, with the S&P 500 (US500) and Dow Jones (US30) rising to new record highs and the NASDAQ (US100) rising to a 3-week-high. The FOMC’s decision on Wednesday to cut the target range for the federal funds rate by 50 bps and project another 50 bps rate cut before the […]
SP500 Daily Trade Plan – Thursday, September 19
Sep 19, 2024
Jeremy Parkinson
Finance, No picture
In this update we review the recent price action in the emini SP500 futures contract and identify a trading plan for the session ahead and price objectives to target.Video Length: 00:02:13More By This Author:FTSE Investors Cautious As Fed Decision On Deck Ahead Of BoE BTCUSD Critical Levels Into The FOMC FTSE Prints Two Week Highs […]
German banking giant rolls out Bitcoin, Ether trading and custody services
Sep 19, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Commerzbank is offering Bitcoin and Ether trading services to German corporate clients. The bank ensures high security for crypto trading and custody with a Deutsche Boerse partnership. Share this article Commerzbank, a major German bank, has partnered with Crypto Finance, a subsidiary of Deutsche Börse, to offer Bitcoin and Ether trading and custody […]