Category Archive: Cryptocurrency, No picture
Kraken may delist USDT in EU to comply with MiCA
Major crypto exchange Kraken is considering delisting Tether (USDT) from its European Union (EU) platform to comply with the upcoming Markets in Crypto-Assets (MiCA) regulations, according to a recent report from Bloomberg.The EU is setting MiCA regulations for crypto trading, specifically targeting stablecoins like Tether’s USDT. These rules will be enforced starting in July and […]
Chart Says Investors Are Bracing For Stock Market Crash
Image Source: Pexels Indices at All-Time Highs, Odds of Stock Market Crash Increasing Key stock indices currently sit at or near their record highs. The Dow Jones Industrial Average is near the 40,000-point level. The S&P 500 looks like it can’t be stopped. The Nasdaq Composite Index has been soaring.However, don’t get complacent: the odds of […]
Can Sea Limited Be Another E-Commerce Winner?
Image Source: Unsplash To date, we’ve done pretty well with e-commerce stocks here at GreenDot Stocks.One of our first picks, Mercadolibre (MELI), is up 92% in a year and a half, trouncing the S&P 500 by 57%.Recent pick Coupang (CPNG) has also done quite well, appreciating 60% in just 3 months, 53% better than the market at large.So it […]
S&P 500 Earnings Dashboard 24Q1 – Friday, May 17
Image Source: Unsplash S&P 500 Aggregate Estimates and Revisions The 24Q1 Y/Y adjusted blended earnings growth estimate is 10.7%. If the energy sector is excluded, the growth rate for the index is 10.7%. Please note that the 24Q1 year-over-year growth rate for Bristol Myers Squibb reflects an approximate $12 billion one-time charge related to its acquisition of Karuna Therapeutics. […]
FTSE – Breaks Winning Streak But Still Set To Post Third Weekly Gain
Image Source: Pexels On Friday, London stocks declined following the trend of global markets, as U.S. Federal Reserve officials suggested that interest rates could remain elevated for an extended period. Additionally, GSK saw a decrease in its stock value after selling off its remaining shares in consumer healthcare firm Haleon. The FTSE 100 index, which represents […]
Velar and Bitlayer introduce Bitcoin’s first perpetual DEX
Bitcoin-focused infrastructure provider Velar announced a partnership with Bitlayer to launch Velar Artha, the first perpetual decentralized exchange (Perp DEX) on a Bitcoin layer-2. This development enables perpetual contracts trading directly on the Bitcoin blockchain, enhancing its decentralized finance (DeFi) capabilities. “Partnering with Bitlayer for the launch of Velar Artha PerpDEX represents a significant milestone […]
Token Terminal and Messari release research reports on TRON network for Q1 of 2024
Geneva, Switzerland, May 17, 2024 – Recent detailed analyses by Token Terminal and Messari have provided an in-depth review of the TRON network’s activity during the first quarter of 2024, emphasizing its competitive positioning and expansive growth within the blockchain sector.Token Terminal AnalysisToken Terminal’s comprehensive report offers crucial insights into key data points and metrics […]
Bullish Stocks, Are You Buying Dip?
Image Source: Pexels Stocks are in recovery mode, with major indexes trading at all-time highs. This movement began after the US unemployment rate showed a slight decrease in jobs two weeks ago, suggesting that inflation could potentially weaken. This trend was further supported by this week’s CPI data, which indicated a drop from 3.5% to 3.4%. […]
Nigerian court denies bail and allows Tigran Gambaryan to stand trial on behalf of Binance
A Nigerian court has denied the bail application for Binance’s detained Head of Compliance, Tigran Gambaryan, citing the likelihood that he may jump bail.The decision was announced on Friday, the same day Gambaryan turned 40. A recent report from Reuters indicates that the Nigerian court has ruled to allow Gambaryan to stand trial on behalf […]
Elliott Wave Technical Analysis: Texas Instruments Inc. – Friday, May 17
Image Source: Unsplash TXN Elliott Wave Analysis Trading Lounge Daily Chart,Texas Instruments Inc., (TXN) Daily ChartTXN Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minute {iii} or 3.DIRECTION: Upside in {iii}.DETAILS: Moving as expected, looking for at least equality of 3 vs 1, as we could turn into an ABC and many times equality of C vs. A is a […]
