BREAKING: 🇨🇳 Tencent's stock crashes 16% in minutes as China announces guidelines aimed reducing "excessive gaming."

Tencent is China's largest public company and the drop erased ~$55 billion of market cap.

@Fin_Watch

📊 World Indices :

SPX - 4,746.75 (1.03%)

🚀 Cryptocurrencies :

Bitcoin USD - 43,725.24 (-1.05%)
Ethereum USD - 2,308.72 (2.5%)

🌟 Commodities :

Silver - 24.80 (0.87%)
Crude - 74.70 (1.1%)
Gold - 2,080.40 (1.42%)

@Fin_Watch

🇺🇸 NY financial regulator approves Paxos expansion to #Solana, allowing for its first stablecoin issuance beyond #Ethereum

@Fin_Watch | link

🇺🇸 US households are now sitting on an 'unprecedented' $18 trillion in liquid assets, per BI

@Fin_Watch

📣 OpenAI Is in Talks to Raise New Funding at Valuation of $100 Billion or More

@News_Ai | link

📣 OpenAI CEO Sam Altman just said he doesn’t think OpenAI can create Artificial General Intelligence (AGI) in 2024

@Fin_Watch

📊 World Indices :

SPX - 4,754.63 (0.17%)

🚀 Cryptocurrencies :

Bitcoin USD - 43,793.70 (0.22%)
Ethereum USD - 2,297.79 (0.1%)

🌟 Commodities :

Gold - 2,064.50 (0.64%)
Silver - 24.47 (-0.47%)
Crude - 73.49 (-0.54%)

@Fin_Watch

🇺🇸 110 years ago, the Federal Reserve was created.

Since then, the US dollar has lost over 97% of its value.

@Fin_Watch

📊 World Indices :

SPX - 4,754.63 (0.17%)

🚀 Cryptocurrencies :

Bitcoin USD - 43,645.15 (-0.34%)
Ethereum USD - 2,287.91 (-0.43%)

🌟 Commodities :

Gold - 2,064.50 (-0.22%)
Silver - 24.47 (-0.39%)
Crude - 73.49 (-0.1%)

@Fin_Watch

📣 Dow Jones Industrials hit its 3rd most overbought level in the last 23 years last week and still remains in highly overbought territory

@Fin_Watch

🇨🇳 CHINA STOCKS SLUMP TOWARDS 2020 LOWS AS ASIAN SHARES SEE LITTLE HOLIDAY CHEER

@Fin_Watch

🚨ALERT: M2 is contracting at the deepest levels since 1960.

The M2 money supply is a crucial indicator of economic activity.
M2 represents the total amount of money in circulation.
Including cash, checking and savings deposits, and other types of deposits that are readily convertible to cash.
As the M2 money supply expands, it indicates increased liquidity and potential for economic growth.

Conversely, a decline in M2 signals tightening liquidity and potential economic slowdown.
Currently, M2 is contracting at -3.3%, its first contraction in 60+ years.

@Fin_Watch

🇨🇳 🇸🇦 China & Saudi Arabia ditch US dollar to sign a 50bn Yuan currency swap for trade.

This allows China to start buying oil outside US controlled financial system.

@Fin_Watch

🇺🇸 SEC sets Dec 29 deadline for spot #Bitcoin ETF applicants to update submissions if they want to be approved in the first wave - Reuters

@Fin_Watch

🥇Gold prices rise, edge closer to $2,100 🚀

Gold prices rose about half a percent on Tuesday, pushing closer to the $2,100 mark, which has proven to be a resistance level for the precious metal.

@Fin_Watch