Category Archive: Cryptocurrency, No picture
Circle expands its Web3 Services to Solana as stablecoin transfers surge
Circle is extending its Web3 Services and Tools suite to the Solana blockchain to enhance USDC’s accessibility for developers and enterprises, enabling seamless integration into various applications. “Stablecoins like $USDC are creating a more open and inclusive financial system. We’re committed to enabling enterprises and builders with the tools needed to make USDC accessible to […]
Whispers Of A Soft CPI Print
Image Source: PexelsDespite most investors maintaining a cautious stance ahead of what is bound to be an action-packed Wednesday with the release of fresh US inflation data, US stocks nudged higher in subdued trading. There’s a palpable sense of nervousness among investors as they exercise a modicum of restraint, concerned about the possibility of hotter-than-expected inflation […]
Current Analysis: Takeda Pharmaceutical
Image Source: UnsplashTakeda Pharmaceutical (TKPHF) is Japan’s largest pharmaceutical company, with revenue of JPY 3.6 trillion in fiscal 2021.The company’s five core therapeutic areas are oncology, gastroenterology, neuroscience, rare diseases, and plasma-derived therapies, which account for more than 80% of revenue.Its geographic footprint is well diversified, with 50% derived from the U.S., 20% from Japan, 20% […]
AUD/USD Posts Modest Gains Near Two-week Highs Around 0.6630, US CPI Data Looms
Image Source: Unsplash AUD/USD trades in positive territory near 0.6630 on Wednesday, the highest in two weeks. US March inflation report on Wednesday will be in the spotlight as it might offer some hints about inflation trajectory. Commonwealth Bank expected three 25 basis points (bps) interest rate cuts by the end of the year, starting from September. […]
WD-40 Comes In Shy Of Revenue Estimates In Q2
Image Source: Unsplash WD-40 reported its financial results for second quarter on Tuesday. Here’s what its CEO Steve Brass said in a press release today. WD-40 stock is trending down in after-hours trading at writing. WD-40 Co (WDFC) is trending down in extended hours after reporting lower than expected revenue for its fiscal second quarter. WD-40’s […]
‘Give me a little bit more Bitcoin,’ suggests VanEck CEO foreseeing investor shifts due to US fiscal issues
Jan van Eck, CEO of the global asset management firm and Bitcoin ETF issuer VanEck, believes investors will turn to Bitcoin and gold as stores of value in response to a potential fiscal crisis in the US in 2025. “I’ve got this theory that the markets are starting to price in a big fiscal problem […]
Stocks And Precious Metals Charts – Got Gold?
Image Source: Unsplash“Gold is absolute objectivity. It is blind, like justice. It has no politics and ideology, no likes or dislikes, no friends or enemies. All it recognizes is its possessor, whom it serves faithfully as long as he has it.” – Charles de GaulleStocks did their usual yo-yo wash and rinse.Inflation data coming out tomorrow has the markets […]
Parabolic Moves And When To Walk Away
Image Source: UnsplashSince December 2022, we have been bullish gold in anticipation of its most recent run.From the start of 2023, I went on the media telling viewers to buy gold and hold it. I believed that gold would double (it was trading $1500 at the time).And if gold did not double, I believed it would […]
Senator Tim Scott accuses Biden admin of using crypto as ‘scapegoat’ on illicit finance
During a Senate hearing on April 9, Senator Tim Scott accused the current US administration of making digital assets a scapegoat in its efforts to combat terrorism financing while overlooking more significant traditional funding sources, specifying those that Iran.Addressing Deputy Treasury Secretary Adewale Adeyemo at the Senate Committee on Banking, Housing, and Urban Affairs, Scott […]
