Former President Donald Trump recently suggested the creation of a U.S. sovereign wealth fund to finance infrastructure projects during a speech at the Economic Club of New York. However, Trump failed to provide specific details on how this proposed fund would operate or what its exact purpose would be. The lack of clarity in the
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Bybit’s latest Block Scholes Crypto Derivatives Analytics Report reveals a concerning spike in implied volatility across the cryptocurrency market, particularly for major cryptocurrencies like ETH. This increase in volatility is indicative of growing bearish sentiment among traders as spot prices remain subdued. The shift towards out-of-the-money puts for short-term options further highlights the prevailing skepticism
In recent times, there has been a shift in sentiment towards Bitcoin and other cryptocurrencies. The once unstoppable rallies that characterized the cryptocurrency market seem to have come to an abrupt halt. Many experts and investors are now predicting that there will be no further BTC bull runs. This grim outlook reflects the current mood
When Jerry Jones purchased the Dallas Cowboys in 1989, he took over a team that was struggling financially, losing $1 million a month. Despite the empty seats and suites at Texas Stadium, Jones saw an opportunity to turn the franchise around. Fast forward 35 years, and the Cowboys are now valued at an astonishing $11
The buy-to-let market in London is currently facing a significant challenge as landlords are selling their properties at record rates. Data published by property portal Rightmove revealed that almost one-third of homes currently for sale in the capital were previously rented out. This trend is not limited to London alone, as 18% of all nationwide
The U.S. dollar faced challenges on Thursday as it struggled to maintain its position amidst weak economic data and the looming possibility of a significant interest rate cut by the Federal Reserve. The Dollar Index, which tracks the greenback against other major currencies, was down by 0.2% at 101.139, signaling a retreat from its recent
When it comes to investing, many individuals are constantly on the lookout for opportunities that can provide them with a combination of solid yield and potential for upside capital gains. In the current financial landscape, with the Federal Reserve expected to implement an interest rate cut, the quest for high-yield investment options becomes even more
The stock market experienced some significant shifts recently, with Nvidia facing a substantial loss of $279 billion in market value in a single day. This marks the fifth instance where the company has incurred losses exceeding $200 billion in a day, signifying a major setback. The semiconductor sector also witnessed a downturn, with popular ETFs
As football season kicks off, the anticipation for record-breaking betting numbers is high. Projections estimate that U.S. adults will wager a staggering $35 billion this NFL season, showcasing a significant increase from last year’s $26.7 billion. With the legalization of sports betting in 38 states and Washington, D.C., the industry is thriving. States like Maine,
Cryptocurrency experts from Spot On Chain have identified five key reasons why Bitcoin could experience a positive September. One interesting trend they pointed out is that almost 43% of negative Augusts have been followed by positive Septembers, suggesting a potential rebound for Bitcoin. Additionally, major players such as the German government, Mt. Gox, and Genesis