Category Archive: Cryptocurrency, No picture
RWA industry still faces regulatory and infrastructure challenges, says eSync executive
The tokenized US Treasuries market surpassed the $1.5 billion market on June 4th and serves as an important metric on how tokenization of real-world assets (RWA) is growing as an industry. Nevertheless, this market is still distant from its traditional counterpart, as the US government sold a record $23 trillion in Treasuries last year, as […]
Pure Play Cybersecurity Software Stocks Portfolio Down Almost 4% In May
Image Source: UnsplashAn IntroductionCorporate spending on cyber security is forecast to grow at a CAGR of 13.8% between now and 2030 (source) and that is expected to have a positive affect on the value of the 7 pure-play stocks in the cyber security category. That being said, however, these 7 stocks are constituents in the new […]
Chart Of The Day: Spotify – Music To My Ears
100% technical buy signals 7 new highs and up 10.34% in the last month 132.52+ Weighted Alpha The Chart of the Day belongs to the music streaming company Spotify Technology (SPOT). I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and […]
A Glimmer Of Hope?
Image Source: Pexels I’ve had very low expectations for the Fed’s upcoming review of its operating regime. I had thought that the previous review (back in 2020) had hit the nail on the head, until I learned that “average inflation targeting” had nothing to do with stabilizing the average inflation rate. A new paper by Federal Reserve economist […]
Paxos launches Lift Dollar, a rebased yield-generating stablecoin
Paxos, has introduced a new stablecoin called Lift Dollar (USDL) through its UAE-based entity, Paxos International. USDL is designed to generate yield for its holders, offering a programmatic daily rate of around 5%, which is aligned with returns on US Treasury bonds.The stablecoin is regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi […]
3 Top Cryptos Worth Holding Beyond Bitcoin And Ethereum
Image courtesy of 123rf.comAmong thousands of cryptocurrencies, it is clear that Bitcoin (BTC) and Ethereum (ETH) took the public spotlight and are likely to take more capital inflows in the future. So much so that even Ethereum is poised to become an institutional investment vehicle via exchange-traded funds (ETFs), joining Bitcoin.Out of a total $2.63 trillion market cap, […]
S&P And Nasdaq Gain Amid Strong Services PMI; Dow Falls As Traders Digest Economic Data
The S&P 500 rose by 0.5% and the Nasdaq soared by more than 1%, while the Dow Jones Industrial Average moved into negative territory, losing 60 points. This mixed market response comes as traders digest key economic data, including a surprisingly high growth in the ISM Services PMI and weaker-than-expected job numbers from the ADP […]
SEC Chairman Gensler weighs in on approving more token ETFs
SEC’s Chairman Gary Gensler was questioned today on CNBC’s Squawk on the Street about the possible approval of exchange-traded funds (ETF) indexed to tokens such as Osmosis (OSMO) and Bonk (BONK) in the US. Jim Cramer, one of the show’s hosts, highlighted how multiple tokens registered millions in trading volume “this very morning,” and questioned […]
Crypto Market Cap Rises 1.7%, Reaching $2.61 Trillion
Image Source: Unsplash Digital assets have experienced a wave of positive sentiment this week, with cryptocurrencies like Ripple and Solana seeing slight inflows. These movements align with a broader upward trend among top coins, as Bitcoin (BTC) reaches a new milestone of $70,000. This surge can be attributed to a shift in market sentiment, with crypto enthusiasts making […]
SMCI Stock Price Analysis: Is Super Micro Computer A Bargain?
Image Source: Unsplash The Super Micro Computer (Nasdaq: SMCI) stock price has lost steam in the past three months as concerns about its growth continues. It has plunged by over 37% from its highest level this year, meaning that it is in a deep bear market. In contrast, Nvidia remains at an all-time high, giving it […]
