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 ...
With the 2024 US Presidential election in the rear view and Donald Trump emerging the victor, news of his upcoming presidency is already influencing global markets. In 2020, Biden and Harris presented themselves as a team that would bring Republicans and Democrats together, challenging Trump’s divisive and populist rhetoric of making America great again. Although Trump lost that election, his ...
FTX co-founder Gary Wang has requested a federal judge not to send him to prison. He noted that he is testifying against the former business partner, Sam Bankman-Fried, someone he has known for a long time in a fraud case. The lawyer for Wang submitted a sentencing memo in Manhattan federal court wherein he claimed that his client should not ...
The cryptocurrency market has been buzzing with optimism following the U.S. election results. Donald Trump’s victory as the 47th President of the United States has reignited buying pressure in the digital market, thanks to his pro-crypto stance and promise for America the crypto capital. Here are three crypto stocks to buy as investors anticipate a post-election rally. 3 Crypto Stocks ...
Coinbase CEO Brian Armstrong recently shared his perspective on the U.S. election outcome, framing it as a victory for the cryptocurrency sector. Armstrong emphasized that the election results have energized pro-crypto advocates and strengthened efforts to foster an economic environment more favorable to digital assets. More so, Armstrong sees these political shifts as an opportunity to secure the crypto industry’s ...
If his first term in the White House is any indication, President-elect Donald Trump is likely to keep the Middle East high on his agenda. During his first four years, Trump made history by selecting Saudi Arabia for his first foreign trip, attempted to broker a “deal of the century” between Israelis and Palestinians, strengthened the Jewish state’s regional integration, ...
When the United States votes for a new president, the outcome reverberates far beyond its borders. Russia: Uncertainty over Ukraine policy tempers optimism over Trump return When Trump was first elected in 2016, Russian politicians literally popped champagne corks. Those were simpler times. Russia had been accused of hacking into the Democratic National Committee several months earlier. Trump was busy ...
German Chancellor Olaf Scholz fired his finance minister on Wednesday, leaving the government teetering on the brink of collapse. In a televised address, Scholz said he had dismissed Finance Minister Christian Lindner saying it “was necessary to prevent harm to our country.” The firing came after days of political negotiation between the key members of Germany’s ruling “traffic light” coalition ...
In this exclusive StockCharts video, Joe shows a specific trade setup in multiple timeframes that identifies the start of an important trend. He explains the 4 keys to this setup and shows 5 examples of stocks meeting the criteria right now. Joe then covers numerous indices, commodities, 10-year Rates, and Bitcoin, and how they are reacting to the election. Finally, ...
Now that election uncertainty is over, the stock market broke out of its sideways trading range and continued higher. Potential policy implementations benefit some asset classes, such as cryptocurrencies, which could operate in a more relaxed regulatory environment. Coinbase Global Inc. (COIN), a crypto-related stock, made it to the top of the Top Up Large Cap stocks in the StockCharts ...
Amazon said Tuesday it received regulatory approval to begin flying a smaller, quieter version of its delivery drone, the latest step in its long-running efforts to get the futuristic program off the ground. The company unveiled the new drone, called the MK30, in November 2022. It said then that the MK30, in addition to the other changes, would fly through light rain and ...
Bernie Marcus, the co-founder of Home Depot who became a billionaire philanthropist and GOP donor, has died at the age of 95. ‘The entire Home Depot family is deeply saddened by the death of our co-founder Bernie Marcus,’ the company said. ‘We owe an immeasurable debt of gratitude to Bernie. He was a master merchant and a retail visionary. But ...