Category Archive: Cryptocurrency, No picture
Solana cat coin PAJAMAS soars over 500% in one week
Cat-themed token PAJAMAS soared over 500% over the past seven days and shows the largest growth of Solana-based meme coins of this period, shows data aggregator CoinGecko. The token is inspired by the cat of the same name which starred in the first cat video on YouTube, and is also the pet of Steve Chen, […]
Does History Make A Case That Bitcoin Has Topped?
Image Source: UnsplashI hate being the bearer of bad news, but data are data.The fact is that the bull market cycles in Bitcoin have lost a tremendous amount of thrust over the years. You may like the story of this data or not — but you will have to deal with it (or at least account […]
‘The new $10 billion protocol’: Bitcoin builder explains what is Runes
Runes are a new narrative within the crypto ecosystem that leverages the Bitcoin (BTC) blockchain infrastructure. This new sector reached $346 million in total market cap in less than a week, according to data aggregator RunesMarketCap.However, as it happens with many new concepts in crypto, many investors aren’t familiar with Runes yet. Bitcoin infrastructure Bitcoin […]
Earnings To The Rescue Amid Rekindled Hope For Inflation Seasonality
Image Source: Pexels MARKETSFriday saw a rebound in US stocks, fueled by optimistic forecasts for Alphabet (GOOG, GOOGL) and Microsoft (MSFT) earnings, reigniting hopes for a sustained rally led by Big Tech. However, gains were tempered by lingering concerns over stubborn inflation, which drives yields higher. Geopolitical tensions added another layer of caution, particularly evident in […]
Legendary Trader Says Bitcoin Top In: Is BTC Price Faced With Exponential Decay?
Image Source: Unsplash Bitcoin has lost 80% of the exponential energy of each successful bull market cycle, there have been four major ones till date. Peter Brandt with over forty years of trading experience says that Bitcoin has likely Bitcoin has reached the cycle high for this bull run Peter Brandt has identified Exponential Decay in […]
Does Mag 7 Leadership Remain Intact Post-Tesla And Meta Disappointments?
Image Source: Unsplash We have Apple (AAPL) and Amazon (AMZN) on deck to report Q1 results this week, and we will need to wait a few more weeks before we see Nvidia’s numbers. But we have already seen Q1 results from the other four members of the ‘Magnificent 7’ group: Alphabet (GOOGL – Free Report), Microsoft (MSFT – Free Report), […]
U.S. Bank Deposits Suffer Biggest Weekly Decline Since 9/11 As Tax Man Cometh
Image Source: Pexels It’s that time of year again and US bank deposits sure showed it…While money-market funds’ total assets fell over $100BN, on a non-seasonally-adjusted (NSA) basis, total bank deposits crashed by a stunning $258BN as Tax-Day cometh. That is considerably more than the $152BN decline last year but less than the $336BN plunge in 2022…Source: BloombergThis […]
Economic Outlook – Breaking Down Recession Odds
Image Source: Pexels A discussion about the U.S. economic outlook.Video Length: 00:04:59More By This Author:Inflation ‘Out Of Fed’s Control’ Key Data To Watch Before Next Fed Rate Call Inflation Comes In Hotter And Stickier Than Expected
Don’t Trust This Rally
Image Source: Pexels SPY ripped around 53 bucks to the upside before the close… but I don’t feel great about it. I’d never hate on a good rally, but this ain’t that. That might change next week, but we’ll deal with that when we come to it.My unease with this upswing has got nothing to do […]
Grant Yun’s debut NFT collection on Solana sells out in 9 minutes
Digital artist Grant Yun debuted his non-fungible token (NFT) collection “Life in Japan” on Solana’s marketplace Exchange Art on April 18, through the drop “A Bright Spring Day”. The NFTs sold out within nine minutes after the mint became public. The collection delves deeply into memories from his time in Korea and frequent visits to […]
