Peter Brandt, an old-school commodities trader with decades of experience, recently made a gloomy comment on the current situation of Bitcoin. He highlighted the fact that Bitcoin had experienced a nearly 6% decline over the last 24 hours, dropping from $56,500 to $53,200. Brandt pointed out that the last time Bitcoin closed at such a
In a recent development, Figure Markets, in collaboration with shareholder Veton Vejseli, has formally requested access to certain company records from Ionic Digital under Section 220 of the Delaware General Corporation Law. This request aims to investigate potential misconduct by the Board of Directors and evaluate their performance of fiduciary duties. The request for access
Boeing’s Starliner recently undocked from the International Space Station much later than originally planned. The spacecraft left without the two astronauts it had initially delivered to orbit, as they will be staying at the ISS until February. This delay in the departure and return of the spacecraft is a major setback for Boeing and NASA.
Municipal bonds are often seen as a safe investment option for many investors. These are debts issued by state and local governments to raise funds for various projects. While they may offer lower yields compared to corporate bonds, the tax-exempt status for some investors can increase their effective yield significantly. According to John Flahive, the
The real estate market is currently experiencing a shift in dynamics, with the supply of homes for sale increasing rapidly. According to a report from Realtor.com, active listings in August rose by 36% compared to the previous year, marking the 10th consecutive month of annual growth. However, despite this surge in supply, it is important
During a speech at the Economic Club of New York, former President Donald Trump suggested the establishment of a U.S. sovereign wealth fund to finance infrastructure projects that would benefit all Americans. Trump emphasized the importance of such a fund, questioning why the United States does not already have one when many other countries do.
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has recently released its Block Scholes Crypto Derivatives Analytics Report for the cryptocurrency market. This report delves deep into various macro events, trading signals, and the shifting sentiment within the crypto derivatives space. One of the key highlights from the report is the significant increase in
The Green Bay Packers are a standout in the National Football League due to their ownership structure, which is unlike any other team in the league. Established over 100 years ago, the Packers are the only publicly owned team across the four major North American professional sports leagues. The franchise is completely owned by stockholders,
Bridges in the United States have long been in dire need of repair and replacement, with recent reports indicating that one-third of them are in need of attention. The American Road & Transportation Builders Association’s latest annual bridge report shows that there are around 42,067 bridges in poor condition, a slight improvement from the previous
The once unstoppable Bitcoin rallies seem to have come to an abrupt halt, leaving many experts and investors with a grim outlook on the future. The euphoria that was present in the cryptocurrency market at the beginning of the year has now been replaced by a sense of pessimism. The days when meme-coins were hyped