Category Archive: Cryptocurrency, No picture
Bitcoin on track to hit $150,000 by year-end and $200,000 by end of 2025: Standard Chartered
Despite widespread caution from analysts predicting a post-halving slump, Geoff Kendrick, head of digital assets research at Standard Chartered, is doubling down on his optimistic outlook, saying Bitcoin could reach $150,000 by year-end and $200,000 by the end of 2025.Before the US Securities and Exchange Commission greenlit several spot Bitcoin ETFs, Standard Chartered boldly predicted […]
Bitcoin Halving Marks Digital Scarcity Era, Market Anticipates Strong Rally For Hedera Competitor
The crypto world is about to witness a game-changer as Bitcoin completed its halving event. This milestone is set to shake things up, making the king of cryptocurrencies even more scarce than ever before. But while all eyes are on Bitcoin, there’s another player that’s quietly making moves in the background – Borroe Finance, the new […]
USD/JPY Extends Upside To 155.00 Amid Caution Ahead Of US Data, BoJ Policy
The USD/JPY pair advances to historic highs of 155.00 in Wednesday’s London session. The asset strengthens as the US Dollar finds support amid uncertainty ahead of the United States Q1 Gross Domestic Product (GDP) and the core Personal Consumption Expenditure Price Index (PCE) data for March, which will be published on Thursday and Friday.The economic data will significantly influence […]
Tesla To Take On Uber Now? Elon Musk’s Ev Giant Teases With Autonomous Ride-Hailing
Tesla, the leading American electric vehicle manufacturer, recently teased a new development during their Q1 Earnings Call that may soon allow your car to autonomously pick you up or earn money on its own.Here’s a detailed look at what Tesla’s future in autonomous driving technology holds. Tesla’s robo taxiTesla’s upcoming robo taxi service aims to modernize the taxi-hailing experience by […]
Tesla Shares Rose On A Weak Report. Inflationary Pressures Are Easing In Australia
At Monday’s close, the Dow Jones Industrial Average (US30) was up 0.69%, while the S&P 500 Index (US500) added 1.20%. The NASDAQ Technology Index (US100) closed positive 1.59% on Tuesday. The US stock indices closed moderately higher, with the Dow Jones Industrials Index rising to a one-week high. Better-than-expected first-quarter earnings results supported stocks. Stock indices continued to rise after a weaker-than-expected […]
Fake Dirty Underwear: Why You Need To Buy Some
Recently, I posted an article about investing in silver and silver coins. But if you buy silver, or gold, coins, where do you hide them?PexelsOne popular location is a bank’s safe deposit box. But the disadvantages are that you can’t get access to the coins at all times, and if on the very rare occasion that […]
The Return Of Optimism In Germany
A third monthly increase in the Ifo index strengthens the view that the German economy has left the trough behind and should be able to enjoy some more cyclical improvement. Unsplash Finally at a cyclical turning point. Germany’s most prominent leading indicator, the Ifo index, has added to recent evidence of a bottoming out of the German […]
Changpeng Zhao could face a 3-year prison term as DOJ seeks to deter crypto crime
The U.S. Department of Justice (DOJ) has called for a 36-month prison sentence and a $50 million fine for Binance founder and former CEO Changpeng Zhao, also known as CZ, in connection with his role in the crypto exchange’s violation of federal sanctions and money laundering laws.In a sentencing memo filed Tuesday night, DOJ attorneys […]
Asia Morning Bites – Wednesday, April 24
Australian March and first-quarter 2024 inflation and a no-change decision from Bank Indonesia due. Global Macro and Markets Global Markets: US Treasury yields dropped slightly yesterday as the manufacturing PMI dropped into contraction territory and a strong auction for USD69bn of two-year Treasuries buoyed prices. There is a USD70bn 5Y auction today and a USD44bn 7Y auction on […]
Let This Be Your Last Battlefield
Image Source: UnsplashI would like to propose the counter-trend bounce is largely done. The Dow Industrials added 1,000 points from last week’s low, and the Nasdaq futures have been hammered out a series of violent “lower highs” for weeks now.Wednesday could be very telling, but if we have a down or flat day, the H&S on […]
