Category Archive: Cryptocurrency, No picture
Coinbase debuts Wrapped Bitcoin on Ethereum and Base
Key Takeaways Coinbase’s cbBTC enables millions of customers to access DeFi apps using their Bitcoin holdings. cbBTC is backed 1:1 by Bitcoin in Coinbase custody, fostering trust and liquidity in the DeFi ecosystem. Share this article Coinbase has launched a new Wrapped Bitcoin dubbed Coinbase Wrapped BTC (cbBTC), an ERC20 token backed 1:1 by Bitcoin […]
Gold Reached 2525.80, Next Move Follows, XAUUSD Analysis & XAUUSD Forecast
Today you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD. What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:02:58More By This Author:GOLD Targeting Next Resistance, XAUUSD Analysis & XAUUSD […]
Elliott Wave Analysis: S&P 500 And NASDAQ Set For Moves Ahead Of Fed Decision
Stock Market Indices Overview: S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200 – Featuring Elliott Wave Technical AnalysisOur latest analysis focuses on the key global stock market indices, including the S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, and ASX 200, through the lens of Elliott Wave Theory. This […]
Rising CO2 Points To Higher China Emissions
The pace of carbon dioxide accumulates in the Earth’s atmosphere increased again in August 2024.The increase comes as China, the world’s largest source of carbon dioxide emissions by a widening margin, has stated its emissions have not peaked and will continue to increase.The increase in the rate at which CO₂ is being added to the Earth’s air also comes […]
AUD/USD Fails Ahead Of 0.6700 Mark, Stalls Its Recovery From Multi-week Low Set On Wednesday
The AUD/USD pair retreats around 40 pips from the vicinity of the 0.6700 mark, or a fresh weekly high set earlier this Thursday and drops to a daily low during the first half of the European session. Spot prices, for now, seem to have stalled the recovery from a four-week trough touched on Wednesday and currently trade […]
OpenAI could reach $150 billion valuation with Apple, Nvidia backing
Key Takeaways OpenAI’s valuation could soar to $150 billion with new funding. The AI startup is also discussing a $5 billion revolving credit facility with banks. Share this article OpenAI is seeking to raise $6.5 billion in a new funding round that could boost the company’s valuation to $150 billion, as reported by Bloomberg on […]
Mackintosh/WSJ: “A Recession Signal Is Flashing Red. Or Is It?”
Image Source: PexelsArticle today on whether it matters if dis-inversion occurs because short rates fall, or long rates rise. Two years ago, the inversion of the yield curve—shorter-dated Treasurys yielding more than longer-dated bonds—was taken by investors as a surefire sign of recession. Now Wall Street worriers have a new concern: The yield curve is back to normal, […]
Asia Morning Bites For Thursday, Sept 12
Image Source: Unsplash Global Macro and Markets Global Markets: A disappointing set of inflation data from the US yesterday hasn’t dampened rate cut spirits too much, and the market is still pricing in 4+ cuts by the end of this year, pushing back the jumbo cuts to November and December. An additional 25bp on top of […]
Volatility Is Alive And Well
Image Source: PexelsConfirmation that the Fed will cut rates by 25 basis points.So of course, stocks took off like a shot – just kidding. They didn’t. They tanked steadily until just before lunchtime… then they took off in a 2% reversal rally.That sounds great, but there’s more going on here than meets the eye. I’ll walk […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Sept 11
It was a very interesting day filled with amazing volatility and amazingly profitable moves. Both the ES and NQ appear and I’m labeling as complete the Minor 4th wave triangle patterns. The “flows” data that I include in the Trade Room and mention here in these updates played to a “T” today. I discuss the […]
