Germany misses $1.1B in profits as Bitcoin hits a new all-time high
Nov 08, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Germany missed out on $1.1 billion in profits by selling Bitcoin early. The crypto market surge was partly influenced by Trump’s re-election and pro-crypto policies. Share this article Germany’s July decision to sell nearly 50,000 BTC at $53,000 per coin has resulted in an estimated $1.1 billion in missed profits, as Bitcoin recently […]
AskSlim Market Week – Friday, Nov. 8
Nov 08, 2024
Jeremy Parkinson
Finance, No picture
Photo by Nicholas Cappello on Unsplash Technical and cycle analysis, and market commentary.Video Length: 00:46:13More By This Author:AskSlim Market Week – Friday, Oct. 25 AskSlim Market Week – Friday, Oct. 19 AskSlim Market Week – Friday, Oct. 4
SEC delays decision on NYSE options for spot Ethereum ETFs
Nov 08, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways The SEC has delayed its decision on NYSE’s proposal to list and trade options on Ethereum-based ETFs. The proposal aims to provide investors with a regulated way to hedge or leverage Ethereum price movements. Share this article The SEC has announced a delay in its decision on NYSE’s proposal to list and trade […]
Bitcoin To The Moon, Tesla To Mars
Nov 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Wow, what a week it’s been! The election is now over, with Donald Trump emerging as the victor. The Federal Reserve also cut interest rates another 25-basis points, continuing the trend of monetary easing.I went into the election 100% long. This was not because I expected one particular outcome or another. I was just […]
Hong Kong trials anonymous KYC to enable stablecoin access for Chinese residents
Nov 08, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Flare and Red Date Technology tested a decentralized identity system in Hong Kong allowing anonymous stablecoin access. The trial used China’s RealDID to verify identities without revealing personal information. Share this article Flare and Red Date Technology have launched a new trial of a decentralized identity system in Hong Kong, allowing Mainland Chinese […]
Cresco Labs Q3: Net Loss Reduced By 85% But EBITDA Also Declined By 5%
Nov 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Cresco Labs Inc. (CRLBF), a constituent in the American Cannabis MSO Stocks Index, has released its financial results for the third quarter (Q3) ended September 30th, 2024, today, as follows: Q3 Financial Highlights (The information below compares Q3 2024 with Q2 2024 and all figures are in U.S. dollars.) Net Revenue: DOWN 2.5% to $179.8M Adj. Gross Profit: DOWN 1.5% […]
Bitcoin: Finally Back To All-Time Highs As Anticipated
Nov 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash We talked about Bitcoin consolidation throughout to whole summer and we shared a lot of articles about an Elliott Wave corrective movement within uptrend. We were talking about wave IV correction that can send the price higher for wave V, after summer range is over. BTCUSD Weekly Chart From August 29 As you can […]
TRON’s meme coin boom: SunPump, $SUNDOG, and Nexmate.AI drive ecosystem growth
Nov 08, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Share this article As the meme coin landscape continues to evolve, SunPump has become a crucial platform within the TRON ecosystem, driving engagement and supporting innovative projects. As TRON’s premier meme coin launchpad, SunPump provides creators with a comprehensive environment to launch and grow their meme coins. Through fostering a vibrant community and attracting high-value […]
International Business Machines Corp. Dividend Stock Analysis
Nov 08, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Linked here is a detailed quantitative analysis of International Business Machines Corp. (IBM). Below are some highlights from the above linked analysis:Company Description: IBM’s global offerings include information technology services, software, computer hardware equipment, fundamental research, and related financing.Fair Value: In calculating fair value, I consider the NPV MMA Differential Fair Value along with these four calculations […]
Tether’s investment division finances $45M crude oil trade in Middle East with USDT
Nov 08, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Tether financed its first crude oil transaction using USDT, marking its expansion into trade finance. The transaction was part of Tether’s strategy to streamline global trade flows with its stablecoin. Share this article Tether’s investment division completed its first Middle Eastern crude oil transaction, financing a $45 million deal between a major oil […]