Category Archive: Cryptocurrency, No picture
Bank of America CEO sees US banks “come in hard” for crypto payments if regulations are in place
Key Takeaways Bank of America is prepared to enter the crypto market upon receiving regulatory clarity. The bank’s focus would be on regulated, non-anonymous transactions. Share this article US banks are eager to adopt crypto for transactions if regulatory guidelines are set forth, said Bank of America CEO Brian Moynihan in a Tuesday interview with […]
MicroStrategy shareholders approve stock increase to fund Bitcoin buying spree
Key Takeaways MicroStrategy shareholders approved the increase in authorized shares to fund Bitcoin acquisitions. The company now holds over $48 billion in Bitcoin, representing more than 2% of the total supply, as it ramps up purchases. Share this article MicroStrategy shareholders approved an increase in authorized Class A common shares from 330 million to 10.3 […]
Trump and Doge meme coins get ETF filings as Trump begins second term in office
Key Takeaways Osprey Funds’ SEC filing includes seven spot crypto ETFs, led by Trump and Doge meme coins, alongside ETH, BTC, SOL, XRP, and BONK. The Trump token ETF filing follows the token’s recent launch and highlights the potential for pro-crypto policies under Trump’s administration. Share this article Osprey Funds, a Connecticut-based digital asset management […]
Funds Stay Active – The Corn & Ethanol Report
We kickoff the day with Export Inspections at 10:00 A.M., 3-Month & 6-Month Bill Auction at 10:30 A.M., 32-Day Bill Auction and 52-Week Bill Auction at 12:00 P.M.The Commitment of Traders report showed another week of large fund buying in the principal ag markets, much of which was driven by the market’s response to the […]
The Energy Report: Making Energy Great Again
It’s Donald Trump 2.0 and the market is adjusting to a world where we’re going to make U.S. oil and gas great again. In what President Trump says is a new Golden Age in America, a declared National Energy Emergency is putting the world and the left on notice.Trumps order says, “The energy and critical […]
USD/CAD Sees More Upside As Soft Canadian CPI Boosts Boc Large Rate Cut Bets
The USD/CAD pair witnesses buying interest near 1.4430 in Tuesday’s North American session as Statistics Canada reported that soft inflation data for December. The agency showed that the headline inflation rose at a slower pace of 1.8%, compared to estimates and the former release of 1.9% on year.Month-on-month headline CPI deflated by 0.4%, as expected, against […]
Getting A Little Costs A Lot!
You spent more money in 2024 but didn’t get very much more stuff. Retail sales rose 3.9 percent last year. Based on that number alone, you might think Americans consumed a lot more goods and services than they did the previous year. You might further conclude that they were a lot better off.But that’s not necessarily […]
Dogecoin soars 14% as Musk’s DOGE drops official website featuring its logo
Key Takeaways Dogecoin’s value increased 14% following the launch of a government website featuring its logo. The Department of Government Efficiency aims to improve federal spending efficiency without legislative changes. Share this article Dogecoin (DOGE) surged approximately 14%, climbing from $0.34 to $0.39 minutes after the Department of Government Efficiency, led by Elon Musk, dropped […]
D.R. Horton Optimistic For Fiscal 2025, Beats Q1 Expectations
Image Source: Unsplash D.R. Horton, Inc. (NYSE: DHI) reported its fiscal 2025 first-quarter results. The company posted a net income of $844.9 million, translating to $2.61 per diluted share. This represents a decline of 7% in earnings per share compared to the same quarter in the previous fiscal year. Consolidated revenues stood at $7.6 billion, a slight decrease […]
MicroStrategy buys 11,000 Bitcoin for $1.1 billion, boosting holdings to 461,000 BTC
Key Takeaways MicroStrategy’s Bitcoin holdings surge to 461,000 BTC, now valued at $48 billion, following a new acquisition. The firm funded its latest Bitcoin purchase through stock sales. Share this article MicroStrategy said Tuesday it had acquired 11,000 Bitcoin worth $1.1 billion between January 13 and 20, executing the purchase at an average price of […]
