Three Big Breakouts Despite Fed’s Market Chilling
Dec 20, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Our favorite crypto chaos wizard, Jerome Powell, momentarily turned Bitcoin into a pumpkin, sending it tumbling below $96K briefly. Wall Street also caught the spook. Ethereum dropped 14.1%, Dogecoin tumbled a brutal 25.2%, and Solana slid 15.2% in the last week. But amidst the carnage, Hyperliquid (HYPE) skyrocketed 66.1%, Movement (MOVE) climbed 34.5%, and Bitget Token (BGB) […]
Rumble secures $775 million investment from Tether
Dec 20, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Rumble secured a $775 million investment from Tether to fuel growth and stockholder liquidity. Tether’s partnership with Rumble sparks speculation on tipping and crypto payment integrations Share this article Rumble has secured a $775 million investment from stablecoin issuer Tether, marking a significant milestone for the video-sharing platform. As part of the deal, […]
Google policy update requires FCA registration for UK crypto ads
Dec 20, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Google will require UK crypto advertisers to have FCA authorization starting January 2025. Hardware wallets can advertise without FCA registration if they solely store private keys. Share this article Google is updating its crypto ads policy, placing stricter requirements on advertisers seeking to promote crypto services and products in the UK. The updated […]
Are Investors Creating Wealth Or Transferring It?
Dec 20, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The ultimate source of wealth from financial investments comes from the transfer of funds to entities that invest in the production of real goods and services. Video Length: 00:07:20More By This Author:The Implied Equity Risk Premium And Stock Market Bubbles Reflections On Investing : Government Debt And Investing Reflections On Investing : Stocks And […]
Michael Saylor publishes Bitcoin and crypto framework for the US government
Dec 20, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Michael Saylor released a framework for integrating digital assets into the US financial system. MicroStrategy expanded its Bitcoin holdings significantly, reinforcing its view of Bitcoin as a store of value. Share this article MicroStrategy founder Michael Saylor has released a comprehensive framework for integrating digital assets into the US financial system.The framework advocates […]
AskSlim Market Week – Friday, Dec. 20
Dec 20, 2024
Jeremy Parkinson
Finance, No picture
Photo by Nicholas Cappello on Unsplash Technical and cycle analysis, and market commentary.Video Length: 01:14:19More By This Author:AskSlim Market Week – Friday, Dec. 13 AskSlim Market Week – Friday, Nov. 29 AskSlim Market Week – Friday, Nov. 22
Upstart Holdings Stock Analysis: Navigating AI Lending In A Mixed Market
Dec 20, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Upstart Holdings Inc. (Nasdaq: UPST) operates in the fintech space, aiming to redefine traditional credit assessment with its AI-driven platform.The company uses alternative data points, alongside machine learning, to predict creditworthiness more inclusively. While this innovation has attracted partnerships with banks and credit unions, the broader adoption of its model faces challenges in a […]
Hawk Tuah girl Haliey Welch resurfaces to address her meme coin fiasco, only to get roasted by the internet
Dec 20, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Haliey Welch addressed the failure of the Hawk Tuah meme coin, which saw a 90% price drop and caused $151,000 in investor losses. A lawsuit was filed against Tuah The Moon Foundation and others, alleging the Hawk Tuah coin was fraudulently marketed as an unregistered security. Share this article Hawk Tuah girl Haliey […]
U.S. Dollar Reprieve Sparks Grains Spike. The Corn & Ethanol Report
Dec 20, 2024
Jeremy Parkinson
Finance, No picture
We kickED off the day with Core PCE Prices MoM & YoY, Personal Income MoM , Personal Spending MoM, PCE Price Inex MoM & YoY at 7:30 A.M., Michigan Consumer Sentiment Final, Michigan 5-Year Inflation Expectations Final, Michigan Consumer Expectations Final, Michigan Current Conditions Final, and Michigan Inflation Expectations at 9:00 A.M., Baker Hughes Oil […]
Bitcoin Rally Loses Momentum: Could A Drop To $75,000 Signal The Final Correction?
Dec 20, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Since Donald Trump’s election victory on November 5, Bitcoin (BTC) has experienced a substantial rally, reaching record highs above $108,000. However, this momentum has recently faltered, with the cryptocurrency dropping below the critical $100,000 mark,This has prompted analysts to speculate on a potential deeper correction with some experts believing Bitcoin could dip to levels around […]