Forwarded from Westward Capital Alpha
X (formerly Twitter)
The Spectator Index (@spectatorindex) on X
Price, past month.
Tea: +39.5%
Cheese: +22.3%
Milk: +20.2%
Wheat: +17.8%
Orange Juice: +13.7%
Canola: +8.9%
Soybeans: +8.3%
Corn: +6%
Rubber: +4.7%
Oat: +4.3%
Butter: +1.9%
Rice: -1%
Lumber: -1.6%
Wool: -2%
Palm Oil: -2.4%
Cotton: -6.2%
Sugar: -7.5%
Potatoes:…
Tea: +39.5%
Cheese: +22.3%
Milk: +20.2%
Wheat: +17.8%
Orange Juice: +13.7%
Canola: +8.9%
Soybeans: +8.3%
Corn: +6%
Rubber: +4.7%
Oat: +4.3%
Butter: +1.9%
Rice: -1%
Lumber: -1.6%
Wool: -2%
Palm Oil: -2.4%
Cotton: -6.2%
Sugar: -7.5%
Potatoes:…
🇺🇸 10 US Bitcoin ETFs acquire 548,556 BTC worth $36B in just 128 days 🚀
◾️The ten new spot Bitcoin ETFs now collectively own 2.78% of the total circulating supply of the Bitcoin.
Read Full News
◾️The ten new spot Bitcoin ETFs now collectively own 2.78% of the total circulating supply of the Bitcoin.
Read Full News
Bitcoin News
10 US Spot Bitcoin ETFs Absorbed 548,556 BTC Worth $36 Billion in 128 Days – Bitcoin News
Ten spot bitcoin exchange-traded funds (ETFs), excluding GBTC, acquired 548,556.62 BTC from the market over the last 128 days.
Forwarded from Westward Capital Alpha
X (formerly Twitter)
MartyParty (@martypartymusic) on X
State of Wyoming is minting their own stable coin. $WYST backed by US Treasuries.
Here is the Wyoming Stable Coin Commission web site.
https://t.co/kBE3QLFflz
The Wyoming Stable Token Commission (the “Commission” or “STC”) was established in March 2023…
Here is the Wyoming Stable Coin Commission web site.
https://t.co/kBE3QLFflz
The Wyoming Stable Token Commission (the “Commission” or “STC”) was established in March 2023…
Forwarded from Jlabs Digital - Oculus
### Market Color Update
Source: OTC Desks and Prime Brokerages
---
Overview:
Recent activity and sentiment data from our OTC desks and prime brokerages reveal several key trends leading up to and following the ETH ETF news:
1. ETH Dominance: Ethereum (ETH) is dominating, accounting for 40% of overall flow.
2. BTC/ETH Ratio: The BTC/ETH ratio is 0.56, indicating a strong preference for ETH transactions.
3. Bullish Sentiment on ETH: The Buy/Sell ratio for ETH is 4.04, showing significant bullishness.
4. Majors vs. Alts: The flow ratio between major cryptocurrencies and altcoins is 3.76, favoring majors.
5. BTC Activity: BTC has a balanced Buy/Sell ratio of 0.98, reflecting neutral sentiment.
6. Increased Activity in Specific Alts: Increased activity observed in SOL, DOGE, and LDO, with hedge funds showing bullishness on LDO.
Implications and Strategy:
- ETH Exposure: Consider increasing ETH exposure given the strong bullish sentiment.
- BTC Rebalancing: BTC's neutral sentiment offers a chance for strategic rebalancing.
- Altcoins Monitoring: Keep an eye on SOL, DOGE, and LDO for potential growth, especially with institutional interest in LDO.
Conclusion:
ETH’s dominance and bullish sentiment suggest a favorable environment for Ethereum. Use these insights for informed decision-making and stay updated on the latest market trends.
---
Note: This market color is based on the latest data from our OTC desks and prime brokerages. Integrate this information with your broader market analysis.
Also today is holiday in US markets. So expect much lesser volatility.
Source: OTC Desks and Prime Brokerages
---
Overview:
Recent activity and sentiment data from our OTC desks and prime brokerages reveal several key trends leading up to and following the ETH ETF news:
1. ETH Dominance: Ethereum (ETH) is dominating, accounting for 40% of overall flow.
2. BTC/ETH Ratio: The BTC/ETH ratio is 0.56, indicating a strong preference for ETH transactions.
3. Bullish Sentiment on ETH: The Buy/Sell ratio for ETH is 4.04, showing significant bullishness.
4. Majors vs. Alts: The flow ratio between major cryptocurrencies and altcoins is 3.76, favoring majors.
5. BTC Activity: BTC has a balanced Buy/Sell ratio of 0.98, reflecting neutral sentiment.
6. Increased Activity in Specific Alts: Increased activity observed in SOL, DOGE, and LDO, with hedge funds showing bullishness on LDO.
Implications and Strategy:
- ETH Exposure: Consider increasing ETH exposure given the strong bullish sentiment.
- BTC Rebalancing: BTC's neutral sentiment offers a chance for strategic rebalancing.
- Altcoins Monitoring: Keep an eye on SOL, DOGE, and LDO for potential growth, especially with institutional interest in LDO.
Conclusion:
ETH’s dominance and bullish sentiment suggest a favorable environment for Ethereum. Use these insights for informed decision-making and stay updated on the latest market trends.
---
Note: This market color is based on the latest data from our OTC desks and prime brokerages. Integrate this information with your broader market analysis.
Also today is holiday in US markets. So expect much lesser volatility.
WGC - Gold Mid-Year Outlook 2024.pdf
556.2 KB
Gold Mid Year Outlook: 2024 World Gold Council