Category Archive: Cryptocurrency, No picture
Soulbound: Your all-in-one hub for gaming, streaming, and creativity
Soulbound, the avant-garde gaming ecosystem, is taking the world by storm with its unique features and dynamic offerings. Positioned as the ultimate web3 destination, Soulbound is redefining the gaming experience for gamers, streamers, guilds, and artists alike.Soulbound offers a comprehensive platform for gamers to showcase their achievements, embark on in-game quests, stream-to-earn, and share their […]
Specialized Payments Firm Flywire Is Poised To Rebound Moat Analysis
Payment processing has been a great business since the world moved away from an all-cash society in the early 20th century.Intrinsic to the model are a lot of characteristics we look for in potential investments. Sales are generated by taking a small cut of each payment processed on the network. Payment systems get integrated into […]
Bear blues: over $296 million in shorts liquidated in 24 hours
The possibility of a spot Ethereum exchange-traded fund (ETF) approval in the US took the bears by surprise, resulting in over $296 million of short positions being liquidated in the past 24 hours, according to data aggregator Coinglass. Ethereum short positions liquidated represent $100 million of the total.Meanwhile, long positions represent just $80 million of […]
The Worrying U.S. Wealth Divide
Image Source: Pexels The consumer is primarily what drives US economic prospects – but it seems that evidence of a change in narrative could be starting to emerge. As the US economy moderates and as the credit card loan delinquency rate rises, we think a potential weakening in the consumption story will be key to watch through the remainder of this year.Video length 00:01:18More By This Author:The […]
Ethereum-based meme coins surge up to 161% fueled by ETF speculation
The possibility of a spot Ethereum ETF approval this week sparked price leaps among Ethereum Virtual Machine-based meme coins, according to data aggregator DefiLlama. HarryPotterObamaSonic10Inu (BITCOIN) and Mog Coin (MOG) leapt 46.8% and 51.7%, respectively.Wojak and Hemule saw even more significant upside, rising 66.3% and 89% in the same period. Other Ethereum-based meme coins with […]
Spring 2024 Snapshot Of Expected Future S&P 500 Earnings
Every three months, we take a snapshot of the expectations for future earnings in the S&P 500 (Index: SPX) at approximately the midpoint of the current quarter, shortly after most U.S. firms have announced their previous quarter’s earnings.Since our last update three months ago, expectations for the S&P 500’s earnings have improved. The S&P 500’s earnings per […]
Nvidia Earnings Anticipate 8.7% Swing, $200B Impact
Image Source: Unsplash Anticipated Share Movement: Nvidia’s options suggest an 8.7% share swing post-earnings, potentially impacting market capitalization by about $200 billion. Volatility Expectations: Current expectations are more tempered compared to the previous quarter’s 16.4% surge; the average implied move over the last eight quarters is around 12%. AI Industry Impact: Nvidia’s shares are up […]
SEC asks updated spot Ethereum ETF filings from US exchanges: Report
The Securities and Exchange Commission (SEC) reportedly asked exchanges that would list spot Ethereum (ETH) exchange-traded funds (ETF) in the US to update their filings, said Joseph Edwards, head of research at Enigma Securities, to Reuters. “Opposing the ETH ETF after the BTC one was approved always seemed like an odd case for the SEC […]
Traditional Markets Take Back Seat To Crypto
Image Source: Unsplash It’s been dreadfully quiet in financial markets this week unless you’re looking over in the world of crypto where the regulatory climate in the US seems to be warming up. Currencies have otherwise been tracking mostly sideways, while US equity futures are happy to consolidate off recently established record highs.Video Length: 00:01:02More By […]
Elliott Wave Technical Analysis: Deere & Co.
Image Source: Unsplash DE Elliott Wave Analysis Trading Lounge Daily Chart,Deere & Co., (DE) Daily ChartDE Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minor 2 of (1).DIRECTION: Bottoming in wave 2. DETAILS: Looking for a three wave move in wave 2 to be soon completed, to then continue higher.DE Elliott Wave Analysis Trading Lounge 4Hr Chart,Deere & Co., […]
