Category Archive: Cryptocurrency, No picture
Perp DEX trading volume hits new heights with 395% annual surge
Decentralized perpetual contracts exchanges (perp DEX) registered an all-time high in monthly trading volume in March at $317 billion, according to data aggregator DefiLlama. Despite a slight slump in April to $304 billion, the volume managed to stay above the $300 billion mark and represents a 395% year-on-year growth.Imran Mohamad, CMO at Zeta Markets, points […]
Massive Debt And Rising Inflation: Is The Economic Downturn Just Beginning?
Image Source: Pexels In this episode, Andrew Brill is joined by Dylan Smith, Vice President & Senior Economist at Rosenberg Research. Andrew and Dylan will dive into the aftermath of the recent Fed meeting, their latest decision to not cut rates, the unexpected twists in Q1 earnings, and where the economy appears to be headed to […]
WTI Dips After API Reports Across-The-Board Inventory Builds
Image Source: Unsplash Oil prices ended the day flat today (after touching the lowest level in almost two months on news reports said Russian Deputy Prime Minister Alexander Novak indicated OPEC+ could move to raise crude production).Novak told Russia’s Interfax news agency that the possibility of increasing oil production within the OPEC+ framework was still being […]
Positive Divergence Going Forward
Image Source: Pexels SPX Monitoring purposes; Long SPX 4/12/24 at 5123.41.Our Gain 1/1/23 to 12/31/23 SPX= 28.12%; SPX gain 23.38%Monitoring purposes GOLD: Long GDX on 10/9/20 at 40.78. Closes above 1.20 on the TRIN show panic is present in the market and panic form near lows. We shaded in light pink the times where TRIN closes exceeded […]
Lyft Q1 Earnings Beat Expectations
Image Source: Unsplash Lyft stock (Nasdaq: LYFT) has jumped in the after-market hours following the release of its first-quarter earnings report, which surpassed market expectations. The positive earnings report helped Lyft recoup the losses incurred today due to the compromise rideshare driver pay rates in Minnesota.Earlier today, Minnesota lawmakers and the Minneapolis City Council reached a compromise […]
Rivian Q1 Earnings: Revenue Jumps A Whopping 82%
Image Source: Pexels Rivian Automotive Inc (Nasdaq: RIVN) slipped in extended hours on Tuesday even though it reported better-than-expected revenue for its first financial quarter. Why is Rivian stock down in after-hours? The stock is in the red partly because the EV firm did not raise its production guidance for 2024. RIVN continues to see production […]
Next 10 Best Performing S&P 500 Stocks In 2023
Image Source: Unsplash Should You Buy Them Today? Are the Next Top 10 best-performing S&P 500 stocks in 2023 good investments now in 2024? In this video Chuck Carnevale, Co-Founder of FAST Graphs, a.k.a. Mr. Valuation is going to review the NEXT Top 10 2023 stocks in the S&P 500 and look at where they are […]
Every US Bitcoin ETFs sees daily inflows for the first time
Every spot Bitcoin ETF in the US register inflows for the first timeBloomberg ETF analyst Eric Balchunas pointed out that boomers are better at holding their ETF shares than crypto native investors.All spot Bitcoin exchange-traded funds (ETFs) in the US registered positive netflows on March 6, according to Bloomberg ETF analyst Eric Balchunas. He shared […]
Robinhood expects highest quarterly revenue since meme stock frenzy — Reuters
Robinhood Markets, the trading app known for its commission-free trading and role in the 2021 meme stock frenzy, is expected to report its highest quarterly revenue in nearly three years, driven by a steady rebound in equity markets and crypto trading.According to an initial report from Reuters, there has been a resurgence in global markets […]
Bad Data And Bad Policy Will Force Fed To Scramble To Cut Rates
Image Source: Pexels Today’s guest expert just released a warning that the official jobs data reported by the government are “overstated by historical proportions”.And when the downward revisions get released, it will shock both the Federal Reserve and the financial markets.For the details on this, we turn to the man who wrote the report, highly-respected economist […]
