Category Archive: Cryptocurrency, No picture
Bitcoin ETFs now hold 95% of Satoshi’s Bitcoin holdings
Key Takeaways US spot Bitcoin ETFs are just 5% shy of surpassing Satoshi’s estimated stash. Recent inflows into US spot Bitcoin ETFs have accelerated, with a weekly acquisition rate of 17,000 BTC. Share this article US spot Bitcoin ETFs are well on track to surpass Satoshi Nakamoto to become the largest holders of Bitcoin. These […]
The ROI roadmap for a white label exchange: profiting from market momentum
Share this article The ROI roadmap for a white label exchange platform: costs, revenue, and growthAs we move into 2025, with Bitcoin surpassing $85K and a shifting regulatory environment boosting the crypto sector, market conditions are creating fresh profit potential for emerging exchanges. Crypto exchange software continues to make strides, with advancing trading functionality opening […]
Ethereum researcher unveils Beam Chain plan to overhaul consensus layer by 2027
Key Takeaways Ethereum’s Beam Chain aims to revamp its consensus mechanism by 2027 with SNARKs and post-quantum cryptography. The plan is to reduce staking requirements from 32 ETH to 1 ETH while not creating a new token. Share this article Ethereum researcher Justin Drake unveiled a plan to revamp the blockchain’s consensus mechanism through an […]
How To Prepare Financially For Homeownership
Image Source: Unsplash Homeownership is a significant financial endeavor. It goes beyond purchasing a house, as various financial obligations are associated with owning a property. In this article, we’ll delve into the essential steps when financially preparing for homeownership and valuable tips for making the home-buying process more manageable and efficient. Assessing Your Financial Health The first […]
Polymarket predicts an 88% chance of Trump picking pro-Bitcoin Scott Bessent for Treasury secretary
Key Takeaways Polymarket predicts an 88% chance of Scott Bessent becoming Treasury secretary under Trump. Bessent’s appointment signals a potential shift towards a pro-crypto US policy. Share this article Scott Bessent, a strong advocate for crypto, particularly Bitcoin, has an 88% probability of becoming the next Treasury secretary under a second Trump administration, according to […]
Shopify Inc. Reports 26% Y/Y Revenue Growth In Q3, Beating Expectations
Image Source: Unsplash Shopify Inc. (NYSE, TSX: SHOP) has reported impressive results for the third quarter ending September 30, 2024. The company experienced a robust 26% year-over-year revenue growth, reaching $2.162 billion, up from $1.714 billion in the same period last year. This growth marks Shopify’s sixth consecutive quarter of achieving over 25% revenue growth, excluding logistics. Gross […]
Teen Jobs Resume Falling
Teen employment resumed falling in October 2024, marking a fast end to the rebound indicated in the previous month’s jobs numbers.The total seasonally-adjusted count of employed Americans Age 16-19 dropped to an initial estimate of 5,441,000. That decline occurred despite the number of Age 18-19 year olds increasing by 30,000 to 3,428,900, which means all of the […]
Swing Trading Holiday Seasonal Patterns
Image Source: Unsplash The holiday season presents unique opportunities for swing traders who understand the market’s behavior during these low volume periods. Thanksgiving and the Christmas/New Year period in particular exhibit some of the most reliable trading patterns of the year, offering swing traders distinct advantages when properly understood. Thanksgiving Week Trading PatternsThanksgiving week has historically […]
Daily Market Outlook – Tuesday, Nov. 12
Image Source: Unsplash Asian stocks declined while the dollar remained at four-month highs on Tuesday, but the focus was on bitcoin, which reached a record high driven by investor bets on assets expected to benefit from Donald Trump’s election win. Investors anticipate Trump’s second term will bring tax cuts and looser regulations, boosting the world’s largest […]
Bitcoin Hits An All-Time High Above $88,000
Image Source: Unsplash At the end of Monday, the Dow Jones Index (US30) rose by 0.69%. The S&P 500 Index (US500) gained 0.10%. The Nasdaq Technology Index (US100) was down 0.05%. Stocks traded mixed on Monday, with the S&P 500 and Dow Jones Industrials setting new all-time highs. The broad market continued last week’s post-election gains […]
