Category Archive: Finance, No picture
The Market Is Priced For A Fairytale Economy, But Stagflation Is Much More Likel
Image Source: Pexels Today’s guest expert is concerned that too many investors, giddy with the ferocious market gains since November, are increasingly willing to pay prices for assets that only make sense if the pace of gains continues into the far future.This is called “extrapolating the unsustainable” and is a hallmark of late-stage price melt-ups.Historically, this […]
Blockchain dApps activity rose 77% in Q1: DappRadar
The number of average daily Unique Active Wallets (dUAW) in Web3 reached 7 million in 2024’s first quarter, according to the “State of the Dapp Industry Q1 2024” report by DappRadar. This represents a 77% increase when compared to the last quarter, with a notable shift being the 9% rise in the social sector, driven […]
FTSE Follows US Markets Lower Ahead Of Key Data Updates
Image Source: Pexels UK stocks started the day with a decline on Tuesday as investors prepared for important economic data from the U.S. and UK to gain insight into the trajectory of global interest rate cuts. However, the market saw limited losses due to gains in metal mining companies. The FTSE 100, which is heavily influenced […]
Grains Report – Tuesday, April 9
WHEAT General Comments: Wheat was a little higher in slow trading with little fresh news yesterday. Trends turned up in SRW but remain mixed in HRW and Spring The USDA reports released a week ago were considered friendly. USDA said that All Wheat plantings would be about 47.5 million acres, with the big reductions seen […]
The Long/Short Ratio In Crypto Trading
Image Source: Unsplash The long/short ratio in cryptocurrency trading stands as a crucial metric that sheds light on the prevailing sentiment among traders. It encapsulates the relationship between long (buy) positions and short (sell) positions for a particular asset, offering valuable insights into market dynamics and potential price movements.Let’s delve deeper into this concept using Bitcoin […]
Deutsche Bank customers see Bitcoin under $20,000 by year-end, survey shows
A recent Deutsche Bank survey indicates that around 30% of its consumers see Bitcoin (BTC) closing 2024 below $20,000, as reported by Bloomberg. The survey captured insights from the bank’s customers located in the UK, Euro area, and the US, where the percentage of customers predicting a bitter end for BTC this year is over […]
Boeing Says Deliveries Nosedived In Q1
Image Source: Unsplash Boeing Co (NYSE: BA) is trending down at writing after reporting a big decline in its quarterly deliveries. How many planes did Boeing deliver in the first quarter? The aerospace giant delivered a total of 83 planes only in the first quarter of this year – down significantly from 157 in the final quarter of […]
Sui implements native Bitcoin and Ethereum bridging with dWallet partnership
Multi-chain protocol dWallet Network announced on Paris Blockchain Week a partnership with Mysten Labs to bring native interoperability to layer-1 blockchain Sui, through native Bitcoin and Ethereum swaps. “We are excited to partner with Mysten Labs and bring our decentralized, non-collusive dWallet building block to the Sui ecosystem,” commented Omer Sadika, co-founder of dWallet Network. […]
Monad Labs nets $225 million in investment round led by Paradigm
Monad Labs has raised $225 million in a funding round led by crypto investment firm Paradigm, according to data aggregator CryptoRank. Electric Capital and Greenoaks Capital also participated in the round. This is the largest investment in blockchain infrastructure in 2024.This recent investment adds up to the $19 million previously received by Monad Labs in […]
Filecoin’s liquid staking team under investigation by Chinese Police — report
STFIL, a liquid staking platform for Filecoin (FIL) with just under $40 million in total value locked (TVL), has announced that its core technical team members are under investigation by local Chinese police. The platform has hired lawyers to provide legal assistance to the individuals currently in detention.In an X post released Tuesday, STFIL revealed […]
