πΊπΈ NY financial regulator approves Paxos expansion to #Solana, allowing for its first stablecoin issuance beyond #Ethereum
@Fin_Watch | link
@Fin_Watch | link
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π¨π³ Shares of #Tencent, China's biggest company, just dropped by 16%.
This is its largest drop since the 2008 financial crises.
@Fin_Watch
This is its largest drop since the 2008 financial crises.
@Fin_Watch
π€―7π±2π2β€1π₯1
πΊπΈ US households are now sitting on an 'unprecedented' $18 trillion in liquid assets, per BI
@Fin_Watch
@Fin_Watch
π3
@Fin_Watch
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π£ OpenAI CEO Sam Altman just said he doesnβt think OpenAI can create Artificial General Intelligence (AGI) in 2024
@Fin_Watch
@Fin_Watch
π₯3π3
π World Indices :
SPX - 4,754.63 (0.17%)
π Cryptocurrencies :
Bitcoin USD - 43,793.70 (0.22%)
Ethereum USD - 2,297.79 (0.1%)
π Commodities :
Gold - 2,064.50 (0.64%)
Silver - 24.47 (-0.47%)
Crude - 73.49 (-0.54%)
@Fin_Watch
SPX - 4,754.63 (0.17%)
π Cryptocurrencies :
Bitcoin USD - 43,793.70 (0.22%)
Ethereum USD - 2,297.79 (0.1%)
π Commodities :
Gold - 2,064.50 (0.64%)
Silver - 24.47 (-0.47%)
Crude - 73.49 (-0.54%)
@Fin_Watch
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πΊπΈ 110 years ago, the Federal Reserve was created.
Since then, the US dollar has lost over 97% of its value.
@Fin_Watch
Since then, the US dollar has lost over 97% of its value.
@Fin_Watch
π8π4β€3π2π2π2π―2
π World Indices :
SPX - 4,754.63 (0.17%)
π Cryptocurrencies :
Bitcoin USD - 43,645.15 (-0.34%)
Ethereum USD - 2,287.91 (-0.43%)
π Commodities :
Gold - 2,064.50 (-0.22%)
Silver - 24.47 (-0.39%)
Crude - 73.49 (-0.1%)
@Fin_Watch
SPX - 4,754.63 (0.17%)
π Cryptocurrencies :
Bitcoin USD - 43,645.15 (-0.34%)
Ethereum USD - 2,287.91 (-0.43%)
π Commodities :
Gold - 2,064.50 (-0.22%)
Silver - 24.47 (-0.39%)
Crude - 73.49 (-0.1%)
@Fin_Watch
π£ 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
@Fin_Watch
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π3
BREAKINGβΌοΈ Grayscale Chairman Barry Silbert has resigned, as SEC approval of Bitcoin ETFs expected by January 10
@Fin_Watch
@Fin_Watch
π6β€2
π¨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
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
π12β€1
π¨π³ πΈπ¦ 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
This allows China to start buying oil outside US controlled financial system.
@Fin_Watch
π11π6π2
πΊπΈ 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
@Fin_Watch
π₯3π1
π₯Gold prices rise, edge closer to $2,100 π
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
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
π World Indices :
SPX - 4,774.75 (0.42%)
π Cryptocurrencies :
Bitcoin USD - 42,917.70 (0.47%)
Ethereum USD - 2,293.42 (2.06%)
π Commodities :
Gold - 2,078.40 (0.42%)
Silver - 24.28 (-0.48%)
Crude - 74.96 (-0.81%)
@Fin_Watch
SPX - 4,774.75 (0.42%)
π Cryptocurrencies :
Bitcoin USD - 42,917.70 (0.47%)
Ethereum USD - 2,293.42 (2.06%)
π Commodities :
Gold - 2,078.40 (0.42%)
Silver - 24.28 (-0.48%)
Crude - 74.96 (-0.81%)
@Fin_Watch
π3
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