Category Archive: Cryptocurrency, No picture
Solana meme coin Fartcoin hits $1 billion market cap
Key Takeaways Fartcoin reaches $1 billion market cap in under two months, entering the top 10 meme coins by market cap. Truth Terminal’s Infinite Backrooms discussions fueled Fartcoin’s rise amid broader market downturns. Share this article Fartcoin, the meme coin fueled by discussions in Truth Terminal’s “Infinite Backrooms” chatrooms, has reached a $1 billion market […]
El Salvador secures IMF deal as Bitcoin acceptance turns voluntary
Key Takeaways El Salvador reached a $1.4 billion agreement with IMF making Bitcoin acceptance voluntary. The deal includes fiscal measures and expects $3.5 billion additional financing from World Bank and regional banks. Share this article El Salvador has secured a $1.4 billion agreement with the International Monetary Fund, marking a shift in the country’s crypto […]
The Markets Are Turning Into The Nightmare Before Christmas
Image Source: Unsplash The markets got the hawkish version of Powell today… and the implication that there won’t be any more rate cuts.The big indexes don’t like Hawkish Powell, not one bit. They took his remarks “poorly.” And by “poorly” I mean “they jumped off a cliff”.So what had been a kinda-up day turned into a […]
Bitcoin ETFs surpass gold ETFs in AUM
Key Takeaways Bitcoin ETFs have surpassed gold ETFs in total assets under management, with Bitcoin funds reaching $129 billion. BlackRock’s iShares Bitcoin Trust is the market leader in Bitcoin ETFs, managing nearly $60 billion in assets. Share this article Bitcoin ETFs have surpassed gold ETFs in total assets under management, with Bitcoin funds reaching $129 […]
Michael Saylor says he’d be willing to advise Trump on crypto matters
Key Takeaways Michael Saylor is willing to advise Donald Trump on crypto matters if requested. MicroStrategy continues to focus on Bitcoin holdings as a primary value generation method. Share this article MicroStrategy co-founder and executive chairman Michael Saylor said Wednesday that he would be willing to provide advisory support to President-elect Donald Trump on crypto […]
Rates Spark: Long-End Rates Look Too Low Post The FOMC
Noteworthy here is the upside shift in the market expectation for the effective fund rate for end-2025. It’s essentially flat to the current 10yr SOFR rate. Something is mis-priced here. Most likely, long tenor rates are too low. Compared to the Fed, the ECB has more flexibility to cut rates if needed, posing downside risks […]
How Competitive Is China?
Image Source: Unsplash This probably seems like a silly question, but it’s actually a hard one to answer quantitatively.The standard measure is the CPI deflated trade weighted exchange rate, but this uses prices relevant to consumers, not producers. And not cost of production. As discussed in Chinn (2006), unit labor costs (ULC) would be the most appropriate. […]
Fed cuts rates by 25 basis points as crypto market extends losses
Key Takeaways The Federal Reserve reduced its benchmark interest rate by 25 basis points amid mixed economic signals. The crypto market experienced declines with Bitcoin dropping 4% and Ethereum and Solana seeing larger losses. Share this article The Federal Reserve cut its benchmark interest rate by 25 basis points to a target range of 4.25%-4.5%, […]
Ohio lawmaker pushes for state-backed Bitcoin reserve
Key Takeaways Ohio is considering a Bitcoin reserve to hedge against the dollar’s devaluation. Similar state-level initiatives for Bitcoin reserves are underway in Texas and Pennsylvania. Share this article Ohio State Representative Derek Merrin has introduced legislation to create a state-backed Bitcoin reserve. The proposal involves investing surplus funds in Bitcoin as a hedge against […]
Here’s What Wall Street Is Saying About Micron Ahead Of Earnings
Image Source: Unsplash Micron Technology (MU) is scheduled to report results of its fiscal first quarter after the market close on Wednesday, December 18, with a conference call scheduled for 4:30 pm ET. What to watch for: GUIDANCE: Along with its last report, Micron guided for Q1 earnings per share of $1.66-$1.82 on revenue of $8.5B-$8.9B. Analysts at the […]
