XRP Ledger Adoption Soars Despite Drop In New Wallets
May 19, 2024
Jeremy Parkinson
Finance, No picture
With updates on their ongoing SEC complaint and a summary of noteworthy on-chain activity, Ripple Labs Inc. just published its first quarter ecosystem performance report.According to the research, there was a startling 108% rise in total transactions on the XRP Ledger protocol from the 121,031,713 transactions reported in Q4 2023 to 251,397,881. The flood of new applications and […]
Bitcoin ETFs Gain Mass Popularity: 937 Professional Firms Show Interest In Q1, Fueling Speculation Of $100,000 BTC
May 19, 2024
Jeremy Parkinson
Finance, No picture
Exchange-traded funds (ETFs) backed by Bitcoin have surpassed traditional gold ETFs in popularity among professional firms, marking a dramatic transformation in the investment environment. This trend shows that institutional investors are becoming more confident about digital assets, as revealed by recent data.Spot Bitcoin ETFs were present in the 13F filings of 937 professional firms in […]
Shiba Inu Set For Massive Gains, But Why RCO Finance (RCOF) Could Outperform
May 19, 2024
Jeremy Parkinson
Finance, No picture
Shiba Inu (SHIB) has recently captivated investors’ attention with its meteoric rise and potential for substantial gains. However, amidst SHIB’s promising outlook, another contender in the crypto sphere, RCO Finance (RCOF), is quietly positioning itself as a potential outperformer. Through its innovative platform, RCO Finance offers a revolutionary approach to investment. Therefore, as investors brace for SHIB’s potential […]
Gold As Currency: Winds Of Change Are Upon Us
May 19, 2024
Jeremy Parkinson
Finance, No picture
The world of finance is a fickle mistress, and the recent fluctuations in the price of gold have left many puzzled. For years, gold has been seen as a haven, a hedge against inflation, and a store of value. But now, a new trend is emerging. The euro and the dollar are trading higher in […]
US Dollar | USDX Index Analysis And Dollar Forecast
May 18, 2024
Jeremy Parkinson
Finance, No picture
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Genesis wins court nod to return $3 billion to creditors
May 18, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Bankrupt crypto lending company Genesis Global Holdco received court permission to return approximately $3 billion in cash and crypto assets to its creditors as part of its bankruptcy liquidation process on Friday. US Bankruptcy Judge Sean Lane made the decision.In addition, Judge Sean Lane rejected Digital Currency Group’s (DCG), attempt to challenge the distribution plan […]
Crude Oil Market Outlook: Stability Amidst Geopolitical And Supply Dynamics
May 18, 2024
Jeremy Parkinson
Finance, No picture
With WTI crude oil prices hovering around $80 per barrel, there is growing speculation about potential downside risks as the US economy is finally showing signs of cracking. This is a stark contrast to the predictions from a month ago that prices might surge to $100 per barrel. Instead, prices softened following Israel’s measured response to […]
Fund managers predict SEC rejection of Ethereum ETFs next week
May 18, 2024
Jeremy Parkinson
Cryptocurrency, No picture
In contrast to the enthusiasm that preceded the approval of spot Bitcoin ETFs, reports over the past few weeks suggest that optimistic expectations for the Ethereum product’s approval have cooled down. Speaking with Bloomberg this week, Katherine Dowling, general counsel for ETF applicant Bitwise, said she anticipates rejection next week due to the lack of […]
USDCAD Analysis Today, USDCAD Price Prediction Forecast
May 18, 2024
Jeremy Parkinson
Finance, No picture
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A Trade Sets Up In QuickLogic (QUIK)
Discussion
QuickLogic’s Revenue is volatile quarter-to-quarter but up sizeably from last year
QuickLogic’s Q1 2024 margins and earnings improve
Looking ahead
May 18, 2024
Jeremy Parkinson
Finance, No picture
Quicklogic (QUIK) is a bit of a chip stock, which has seen its stock get nailed. It is technically a fabless semiconductor company. The company develops products for a variety of different applications, including industrial, aerospace and defense, consumer electronics, and computing applications. We think you can consider speculating here with the price so beaten down […]