Top Overnight News
Apollo offered to invest as much as $5 billion in Intel, a person familiar said, just days after Qualcomm was said to have floated a friendly takeover. The chipmaker is considering Apolloβs proposal. BBG
Today the U.S. Commerce Department is expected to propose prohibiting Chinese software and hardware in connected and autonomous vehicles on American roads due to national security concerns. RTRS
China cut its 14-day reverse repo rate by 10bp (from 1.95% to 1.85%) and injected ~CNY75B worth of liquidity via the policy tool; Chinaβs PBOC tomorrow will hold a briefing on providing support for the economy, a move sparking speculation of further stimulus steps. WSJ
Eurozone flash PMIs for Sept slump below expectations as growth cools, with manufacturing coming in at 44.8 (down from 45.8 in Aug and vs. the Street 45.7) and services at 50.5 (down from 52.9 in Aug and vs. the Street 52.3). S&P
Oyo, the India-based hotel firm, is buying Motel 6 from Blackstone in a deal worth $525MM (the transaction will be a part of Oyoβs US expansion plans). WSJ
Russiaβs red lines have been shredded and its nuclear threats are repeatedly ignored, forcing Putin to search for new sources of deterrence. WaPo
Israel and Hezbollah exchange flurry of fire over the weekend as fighting continues to dramatically escalate between the two sides. Israeli strike in Lebanon on Friday didnβt just take out a senior military commander (Ibrahim Aqil), but an entire class of senior leaders, part of a deliberate plan to eliminate those most critical to the terror groupβs ability to fight a war. WSJ / CNN
Israel warns Lebanese civilians to evacuate from villages where Hezbollah is storing weapons as the IDF intensifies air strikes. Israel stepped up air strikes against Hezbollah in southern Lebanon this morning, urging civilians to move out of the area. The IDF struck multiple targets as the two sides move closer to an all-out war. NYT / BBG
Kamala Harris is expected to release new economic proposals this week with the proposals aimed at middle-class wealth-building and the economic incentives for business to facilitate that, according to Reuters sources. It was also reported that Harris accepted a CNN debate invitation and challenged former President Trump to a debate although Trump rejected the offer and said it was 'too late' for another debate.
US House Republicans unveil three-month stopgap bill to avert a government shutdown which would fund the government through December 20th and omits changes to voter registration that Trump had called for.
Apollo offered to invest as much as $5 billion in Intel, a person familiar said, just days after Qualcomm was said to have floated a friendly takeover. The chipmaker is considering Apolloβs proposal. BBG
Today the U.S. Commerce Department is expected to propose prohibiting Chinese software and hardware in connected and autonomous vehicles on American roads due to national security concerns. RTRS
China cut its 14-day reverse repo rate by 10bp (from 1.95% to 1.85%) and injected ~CNY75B worth of liquidity via the policy tool; Chinaβs PBOC tomorrow will hold a briefing on providing support for the economy, a move sparking speculation of further stimulus steps. WSJ
Eurozone flash PMIs for Sept slump below expectations as growth cools, with manufacturing coming in at 44.8 (down from 45.8 in Aug and vs. the Street 45.7) and services at 50.5 (down from 52.9 in Aug and vs. the Street 52.3). S&P
Oyo, the India-based hotel firm, is buying Motel 6 from Blackstone in a deal worth $525MM (the transaction will be a part of Oyoβs US expansion plans). WSJ
Russiaβs red lines have been shredded and its nuclear threats are repeatedly ignored, forcing Putin to search for new sources of deterrence. WaPo
Israel and Hezbollah exchange flurry of fire over the weekend as fighting continues to dramatically escalate between the two sides. Israeli strike in Lebanon on Friday didnβt just take out a senior military commander (Ibrahim Aqil), but an entire class of senior leaders, part of a deliberate plan to eliminate those most critical to the terror groupβs ability to fight a war. WSJ / CNN
Israel warns Lebanese civilians to evacuate from villages where Hezbollah is storing weapons as the IDF intensifies air strikes. Israel stepped up air strikes against Hezbollah in southern Lebanon this morning, urging civilians to move out of the area. The IDF struck multiple targets as the two sides move closer to an all-out war. NYT / BBG
Kamala Harris is expected to release new economic proposals this week with the proposals aimed at middle-class wealth-building and the economic incentives for business to facilitate that, according to Reuters sources. It was also reported that Harris accepted a CNN debate invitation and challenged former President Trump to a debate although Trump rejected the offer and said it was 'too late' for another debate.
US House Republicans unveil three-month stopgap bill to avert a government shutdown which would fund the government through December 20th and omits changes to voter registration that Trump had called for.
Bitcoin πΈBullish Triggers π
π’Money Supply at ATH
π’Q4 Most Bullish Time Period for #Bitcoin
π’US Elections Coming
π’Rate Cuts Happening
π’Big Accumulation Done
π’ETF's Still Buying
π’Bitcoin Options Launching
Not the Time to Sell - We Are Going Up!!π
π’Money Supply at ATH
π’Q4 Most Bullish Time Period for #Bitcoin
π’US Elections Coming
π’Rate Cuts Happening
π’Big Accumulation Done
π’ETF's Still Buying
π’Bitcoin Options Launching
Not the Time to Sell - We Are Going Up!!π
πΊπΈ ETFs have now net purchased over 300,000 #BTC since the launch.
Bitcoin has shaken up the wall street π
Bitcoin has shaken up the wall street π
$7,700,000,000 WORTH OF BITCOIN & ETHEREUM OPTIONS ARE SET TO EXPIRE TODAY.
π¨HIGH VOLATILITY EXPECTED.
π¨HIGH VOLATILITY EXPECTED.
π¨ππΎ π¨ CRYPTO CAFFEINE
https://bybit.com/en/invite?ref=MQNRKP Stalked #ETH 2244.22 AVG PRICEπ
https://www.tradingview.com/x/qnSLbkd3/
#eth the blue box will still be the best zone to buy and hold for the long term. My average buy as specified earlier was 2244. π
#eth the blue box will still be the best zone to buy and hold for the long term. My average buy as specified earlier was 2244. π
TradingView
BITSTAMP:ETHUSD Chart Image by nishansden
π¨ππΎ π¨ CRYPTO CAFFEINE
https://www.tradingview.com/x/qnSLbkd3/ #eth the blue box will still be the best zone to buy and hold for the long term. My average buy as specified earlier was 2244. π
https://www.tradingview.com/x/YaTETeEG
LONG TERM TRENDLINE BREOKEN AND RETESTING CURRENTLY. LOAD ON A SUCCESSFULL RETEST ONLY ZONE 80 - 87
#NOT COIN
LONG TERM TRENDLINE BREOKEN AND RETESTING CURRENTLY. LOAD ON A SUCCESSFULL RETEST ONLY ZONE 80 - 87
#NOT COIN
TradingView
NOTUSDT Chart Image
#xrp consolidation since 2018 in the symmetrical triangle. π₯Ά
U will never catch the bottom, just know your zones. So M gonna book some gains here. As these meme coins are pumping , anticipating market cool off.
https://bybit.com/en/invite?ref=MQNRKP
Check $ena #ena pamp. π
The internet bond. 2.25 x from the entry. Talked about it to load in spot several times.
Check $ena #ena pamp. π
The internet bond. 2.25 x from the entry. Talked about it to load in spot several times.