Category Archive: Cryptocurrency, No picture
Putin signs law recognizing digital currencies as property, exempting crypto mining and sales from VAT
Key Takeaways Putin signed a law recognizing digital assets as property and introducing new tax frameworks for crypto mining. Crypto mining is exempted from VAT, but operators must report clients to tax authorities or face fines. Share this article Russian President Vladimir Putin has signed a new law that officially recognizes digital currencies as a […]
Daily Market Outlook – Friday, Nov. 29
Image Source: Unsplash Although a quiet post-Thanksgiving day was anticipated in Asia, investors were prompted to chase the yen, which is poised for its strongest week in four months, by Tokyo’s surprisingly high CPI data. As traders strengthened their bets on a rate hike by the Bank of Japan next month, the yen surged as much […]
Month-End Dollar Outflows Persist
Image Source: Unsplash Trading conditions will be thin once again on this Friday with the US market out for the Thanksgiving holiday. A lot of what we’re seeing out there right now is month-end related flow that has been very much pointing to Dollar selling.Video Length: 00:00:46More By This Author:Thin Trading Conditions For Remainder Of Week […]
Is There Still Space For Disney+ To Thrive In Netflix’s World?
Image Source: Unsplash Netflix Inc. has the first-mover advantage in the streaming market. But there’s enough room for Disney’s streaming unit to grow as well. Bank of America analysts see further upside in Disney stock to $140. Netflix Inc (NFLX) maintains a significant first-mover advantage in streaming with more than 280 million subscribers worldwide.Its diverse content strategy, […]
Homebuilder ETFs Gain Traction
Image Source: UnsplashThe housing sector has been building up strong momentum in recent weeks, thanks to a flurry of upbeat data, lower mortgage rates, and Fed rate cuts. iShares U.S. Home Construction ETF (ITB – Free Report), SPDR S&P Homebuilders ETF (XHB – Free Report), Invesco Building & Construction ETF (PKB – Free Report), and Hoya Capital Housing ETF (HOMZ – Free Report) are up 3.9%, 8.4%, 6.1%, and 6%, respectively, over […]
Asia Morning Bites For Friday, Nov 29
Image Source: Unsplash Global Macro and Markets Global Markets: With the US closed for Thanksgiving yesterday, and many market participants likely extending the holiday to the weekend, there isn’t too much action in financial markets to talk about. No US Treasury prices obviously. But bond yields were down in Europe. 10Y German bund yields dropped 3.4bp […]
Cryptocurrency Is “Basketcase Asset” With “No Intrinsic Value”, Wealth Experts Argue
Image Source: Unsplash UK wealth and investment experts have criticized the legitimacy and safety of digital assets like Bitcoin, arguing that consumers and businesses should be wary of “dramatic price falls.”“While the price of Bitcoin is currently riding high, in the past we’ve seen strong performance quickly giving way to dramatic price falls,” said Laith Khalaf, […]
The Impact Of Sector Performance Through The Years
Image Source: Unsplash What can we learn by looking at the historical performance of sectors? Join S&P DJI’s Tim Edwards and Joe Nelesen for a closer look at how the distinct risk/return profiles of individual sectors may influence their performance during different market regimes.Video Length: 00:06:10More By This Author:How The Improvement Of Sustainability Data Enables A […]
Stablecoin market reaches $190 billion as regulatory clarity looms under Trump
Key Takeaways The stablecoin market has reached $190 billion with potential regulatory support under Trump. Emerging markets like Brazil, Turkey, and Nigeria lead in stablecoin adoption for financial services. Share this article The stablecoin market continues to demonstrate its potential to reshape global finance, with its market capitalization reaching a record $190 billion, according to […]
Switzerland’s Canton of Bern approves proposal to explore Bitcoin mining as solution to energy waste
Key Takeaways The Canton of Bern parliament approved a proposal to explore Bitcoin mining as a solution for excess energy utilization and power grid stabilization. The feasibility study will examine energy availability, environmental impact, and regulatory considerations of Bitcoin mining. Share this article Switzerland’s Canton of Bern parliament has approved a proposal to explore Bitcoin […]
