Category Archive: Finance, No picture
The Energy Report: Not Over
Oil prices rebounded yesterday from signs that the geopolitical tension may not have eased as much as previously believed. After the close we saw the American Petroleum Institute (API) report that petroleum supplies came in tighter than the market was expecting. The API reported the crude oil inventories fell by 3.23 million barrels where the […]
Softs Report – Wednesday, April 24
CottonGeneral Comments: Cotton was mostly lower yesterday although May closed a little higher on short covering before the deliveries start. Demand remains a problem. The export sales report showed poor sales once again. USDA made no changes to the domestic supply or demand sides of the balance sheets, but did cut world ending stocks slightly. […]
Pyth Network boosts Morph DeFi ecosystem with real-time price feeds
Blockchain infrastructure provider Pyth Network announced the implementation of its price feed into Morph testnet. The collaboration introduces over 500 real-time price feeds from Pyth, spanning various asset classes, into Morph’s layer-2 platform. “The partnership between Pyth Network and Morph opens doors for developers to create cutting-edge DeFi applications that leverage reliable data and scalable […]
NFT lending volume surpass $2 billion in Q1 as holders search for liquidity
The lending market based on non-fungible tokens (NFT) as collateral surpassed $2 billion in volume during the first quarter, sustaining growth of 44% compared to Q4 2023, according to a CoinGecko report. “Crypto markets are all about market rotation […] There’s clearly a trend where OG NFT holders are leveraging these [lending] platforms to get […]
Are Credit Spreads Done Going Down?
More By This Author:Halloween In April?Gold Is Calling B.S. On 2% Inflation TargetSelling Bonds For Gold Is Bearish
NEAR Protocol preps for AI announcements to boost web3
In an interview with Crypto Briefing, Chris Donovan, COO of NEAR Foundation, discussed Near Protocol’s vision for integrating AI into the web3 ecosystem and driving mass adoption, among other topics.AI integration and web3 missionNear Protocol, which began as an AI project before pivoting to blockchain, sees significant potential in the intersection of web3 and AI. […]
Housing Expenses Rise By Up To 12% After ECB Rate Increases Geographic Disparities in Housing Affordability
Image Source: UnsplashIn recent months, an escalating financial strain has become evident across Europe, especially among low-income groups. Research conducted by the European Central Bank (ECB) has highlighted a worrying trend: a growing number of Europeans with lower incomes anticipate difficulties in meeting their financial obligations on time. This includes essential payments like rent, utilities, and mortgages. The […]
Elliott Wave Video Update: GOLD, DAX And AUDUSD
Hello traders! Here is a quick technical and Elliott wave video analysis about commodities, such as GOLD, stocks like DAX, and currencies, specifically AUSSIE (AUDUSD). More By This Author:Dollar Slows Down A Bit, But Not Bearish Yet Put/Call Ratio Moves Into Extremes – Supportive For Stocks? What To Expect After Bitcoin Halving?
Warren Buffett-backed Nubank enables crypto withdrawals for BTC, ETH, SOL
Nubank, Brazil’s premier digital bank backed by Warren Buffett, has allowed customers to withdraw Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) directly from their Nubank Wallet. With this update, users can now send and receive these crypto assets seamlessly via the bank’s app. JUST IN: 🇧🇷 Brazil’s largest digital bank Nubank now allows customers to […]
KLA Set To Report Q3 Earnings: What’s In The Cards?
Image Source: Unsplash KLA Corporation (KLAC – Free Report) is scheduled to report its third-quarter fiscal 2024 results on Apr 25.For the fiscal third quarter, KLAC expects revenues to be $2.34 billion, plus/minus $125 million. The Zacks Consensus Estimate for revenues is pegged at $2.30 billion, indicating a decrease of 5.39% from the year-ago fiscal quarter’s reported figure.KLA expects non-GAAP earnings […]
