Category Archive: Cryptocurrency, No picture
Bitcoin and Ether drop as US stagflation fears resurface
The US economy experienced a more significant cooling than anticipated in the first quarter of 2024, with the gross domestic product (GDP) measuring an annualized rate of 1.6%, according to the Commerce Department. This marks the weakest pace of growth since the second quarter of 2022 when the economy contracted, and falls below the 2.2% […]
A Quick Trading Self-Assessment
Here’s a checklist to guide your evaluation of yourself as a trader:1) What did I learn from today, and how–specifically–will I bring that lesson to tomorrow’s trading?2) What do I see in markets that others don’t see and what am I seeing uniquely in the market right now?3) When is not trading the right decision and how […]
Current Analysis: Barratt Development (BTDPY)
Barratt Development (BTDPY) is the U.K.’s largest residential property developer by revenue and dwelling completions, marketing homes under its three brands Barratt Homes, David Wilson Homes, and Barratt London.Aligning with the typical business model employed by U.K. homebuilders, Barratt is vertically integrated through the land development, construction, and sales and marketing segments of the residential […]
US30 | Dow Jones Current Analysis And Week Ahead Forecast
How I see Forex Forecast Analysis today for the Dow Jones 30 week ahead, with the outlook and setups I am looking to trade.More By This Author:AUDUSD Analysis & AUDUSD Price Prediction Forecast – Saturday, April 27 Crude Oil Trading Strategy Today US Dollar Index: USDX Dollar Forecast
Bitcoin spot ETFs expected to debut on Australian top exchange’s main board this year: Bloomberg
The Australian Securities Exchange (ASX), Australia’s primary securities exchange, is expected to list the first spot Bitcoin exchange-traded funds (ETFs) on its main board by the end of 2024, Bloomberg reported today, citing anonymous sources close to the matter.As a key player in Australia’s capital markets, ASX handles about 80% of equity trading, said Bloomberg. […]
Ethereum spot ETF approval in May unlikely, says Justin Sun
Belief in near-term spot Ethereum ETF approval is fading in the face of mounting skepticism. Justin Sun, the founder of TRON Foundation, has expressed doubts regarding the potential approval of a spot Ethereum exchange-traded fund (ETF) in the upcoming month. “My honest opinion (NFA) is that an Ethereum ETF won’t be approved in May. The […]
Tesla’s Autopilot Linked To Hundreds Of Crashes In A New Safety Probe
Another FSD ProbeThe Wall Street Journal reports U.S. Regulators Tie Tesla’s Autopilot to More than a Dozen Fatalities, Hundreds of Crashes Federal auto-safety regulators have opened an investigation into the adequacy of Tesla’s December recall of 2 million vehicles equipped with Autopilot software, tying the technology to at least 14 fatalities, several dozen injuries and hundreds […]
April Recap: Quantum Computing Hardware Developers Portfolio Down 9%
Image Source: Unsplash The munKNEE Quantum Computing Hardware Developers Portfolio consists of the 9 largest quantum computing (QC) companies* trading on American stock exchanges and they are ranked below as to their performances last week and for the month of April, in descending order, along with a description of their business focus, and their latest news, commentary and/or […]
Economic Data Forecasts For The Weeks Of April 29 & May 6
Here are my forecasts for upcoming economic data. Forecast Prior Observation Week of April 29 April 29 Dallas Fed Manufacturing Survey -11.3 -14.4 April 30 Employment Cost Index – Q1 0.9% 0.9 Employment Cost Index […]
Crypto Momentum Fading – Are Buy The Dip Opportunities Underway?
Image Source: UnsplashBullish momentum is fading in the crypto market. The probability of Bitcoin, crypto’s leading indicator, to move to $100,000 in 2024 is fading as well. The cryptocurrency market is expected to move through turbulent times. This is confirmed by the outlook of bluechip altcoins, notably Ethereum’s outlook, Solana’s future price trends, and the latest XRP forecasts. However, the […]
