Cryptocurrencies such as Bitcoin and Ethereum offer an alternative route for building and storing wealth. While directly holding these digital assets is a popular option, investors are also clamoring for financial products such as crypto exchange-traded funds (ETFs). Canada first launched Bitcoin and Ethereum ETFs in 2021. These Canadian Bitcoin and Ethereum ETFs allow investors to place returns in tax-sheltered ...
Cardano (ADA) has experienced a remarkable surge, crossing the $1 threshold for the first time since April 2022. Over the past 24 hours, ADA price increased by 30%, reaching $1.06. Trading volumes also witnessed a sharp rise, climbing 150% to $6.7 billion, reflecting heightened market activity. Despite these milestones, analysts say this is just the beginning, with some weighing in ...
The Nicaraguan parliament, dominated by the ruling Sandinista Front, on Friday approved a constitutional reform that hands more power to President Daniel Ortega as well as the Central American nation’s police and military. The reform increases the president’s control over the media, extends the presidential term to six years from five, and changes the roles of vice president and president ...
I’ve always found technical analysis to be a fantastic history lesson for the markets. If you want to consider how the current conditions relate to previous market cycles, just compare the charts; you’ll usually have a pretty good starting point for the discussion. As we near the end of an incredibly bullish year for the S&P 500 and Nasdaq, I’m seeing ...
President-elect Trump will take office just as Iran has the potential to become the world’s 10th nuclear-armed state, and it’s unclear if either side knows how it will approach the other. Judging by Trump’s last time in office, it would suggest he would come out the gate with a combative tone — having instituted a ‘maximum pressure’ campaign to ‘bankrupt’ ...
Securities and Exchange Commission Chair Gary Gensler will resign on Jan. 20, the agency announced Thursday, paving the way for President-elect Donald Trump to select a replacement immediately. Gensler took over the SEC in 2021, and under his leadership the commission has taken an ambitious but controversial approach to several regulatory issues, including cryptocurrencies. Trump has not announced his pick ...
(This story has been updated to correct an inaccuracy and to fix a typo.) Daniel Jones spoke to reporters after Thursday’s practice for the first time since the New York Giants benched him in favor of third-string quarterback Tommy DeVito. Jones walked up to the podium and greeted reporters by letting them know he had something to say. ‘I wrote ...
Starbucks Corporation (NASDAQ: SBUX) is exploring strategic partnerships for its Chinese operations amid declining demand in major markets, including the U.S. and China. The company confirmed on Thursday that it is assessing options, following a Bloomberg report suggesting Starbucks might sell a stake in its Chinese business to local investors, such as private equity firms. CEO Brian Niccol has emphasized ...
Gold is known as an attractive safe-haven investment and has been used to store wealth during volatile times through history. It has interesting currency-like tendencies, and retains its purchasing power better than paper currencies. In this article What physical gold product is best to buy? Physical gold investors are generally looking for items that are 0.999 fine. Most gold bullion ...
Chris Giancarlo, widely known as “Crypto Dad,” has emerged as the leading candidate for a newly proposed role of crypto czar in the White House under President-elect Donald Trump’s administration. The potential appointment underscores a strategic effort to advance crypto regulations and foster blockchain innovation in the United States. This proposed position would be the first of its kind in ...
Gunmen opened fire on vehicles carrying Shiite Muslims in Pakistan’s restive northwest on Thursday, killing at least 42 people, including six women, and wounding 20 others in one of the region’s deadliest such attacks in recent years, police said. The attack happened in Kurram, a district in Khyber Pakhtunkhwa province where sectarian clashes between majority Sunni Muslims and minority Shiites ...
Today the 20-Year Bond ETF (TLT) 50-day EMA crossed down through the 200-day EMA (Death Cross), generating an LT Trend Model SELL Signal. This was the result of a down trend lasting over two months. We note that the PMO has been running flat below the zero line for a month, which tells us that steady downward pressure has been ...