Category Archive: Cryptocurrency, No picture
Enron announces plans to relaunch and teases entry into the crypto space
Key Takeaways Enron’s dramatic return follows its historic 2001 bankruptcy, with a new focus on solving global energy crises and teasing entry into the crypto space. Enron’s comeback surprises many after its notorious fraud, with speculation that a new Trump administration prompted its relaunch. Share this article Enron Corporation announced its revival as a company […]
S&P 500 Weekly Action Areas & Price Objectives – Monday, Dec. 2
Image Source: Unsplash In this update, we review the recent price action in the emini SP500 futures contract and identify high probability action areas and price objectives for the trading week ahead.Video Length: 00:08:51More By This Author:Daily Market Outlook – Monday, Dec. 2Daily Market Outlook – Friday, Nov. 29Daily Market Outlook – Thursday, Nov. 28
3 MFS Mutual Funds For Excellent Returns
Image Source: Unsplash Renowned global asset manager MFS provides an array of financial products and services to fulfill the needs of its investors, as well as 10,000 investment professionals. Based on assets raised in the country or region, the company managed assets worth more than $626.4 billion as of Oct. 31, 2024.It has more than 2,000 […]
MicroStrategy acquires another 15,400 Bitcoin, boosts total holdings to $38 billion
Key Takeaways MicroStrategy spent another $1.5 billion acquiring 15,400 BTC, according to a Monday announcement. MicroStrategy’s total Bitcoin holdings now stand at 402,100 BTC, valued at approximately $38 billion. Share this article MicroStrategy, the largest corporate holder of Bitcoin, said Monday it had purchased another 15,400 Bitcoin worth $1.5 billion at an average price of […]
BREAKING: WisdomTree files Form S-1 for spot XRP ETF with SEC
Key Takeaways WisdomTree has filed for a spot XRP ETF with the SEC. The ETF would track XRP’s price, and Bank of New York Mellon is proposed as the trust administrator. Share this article WisdomTree has officially filed a Form S-1 registration statement with the Securities and Exchange Commission for a spot XRP exchange-traded fund, […]
AUD/USD Stabilizes Amid US Dollar Pressures And Domestic Economic Strength
Image Source: Unsplash On Monday, the AUD/USD pair remains stable around the 0.6450 mark. After benefiting from the US dollar’s weakness during the extended US holiday weekend, the currency pair faced new pressures following remarks by US President-elect Donald Trump. Trump’s threat to impose 100% trade tariffs on BRICS nations if they pursue a universal currency […]
S&P 500 Rises To New High As Outlook For 2025 Rate Cuts Improves
Wall Street’s bulls had an especially good Thanksgiving week. In addition to having a holiday-shortened work week, they were especially thankful to have the prospect of an additional rate cut in 2025 put back on the table. In response to that good news, the S&P 500 (Index: SPX) rose to close at a new all-time record […]
Gold Drops Over 1% As Dollar Surges After Trump Threatens BRICS With ‘100% Tariffs’
Image Source: Unsplash Gold prices fell as a stronger dollar weighed on sentiments, limiting demand for the yellow metal. Trump threatened the BRICS bloc with 100% tariffs if they seek alternative to the dollar. Gold traders wait for key economic data from the US this week as the market expects a 25% rate cut by […]
Another BRICS In The Trade War Wall
EM FX IN FOCUSAs the new trading week dawns, all eyes are fixed on the dollar, particularly its traction against the currencies of emerging markets. President-elect Donald Trump’s latest confrontational stance toward the BRICS nations—Brazil, Russia, India, China, and South Africa—sparked this intensified focus.In a fiery tweet over the weekend, Trump issued an ultimatum to […]
Why Lyft Might Be Well Poised For A Surge
Image Source: Unsplash Lyft (LYFT – Free Report) appears an attractive pick given a noticeable improvement in the company’s earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The rising trend in estimate revisions, which is a result of growing analyst optimism on […]
