Fed’s balance sheet signals cautious but consistent quantitative tightening

The Federal Reserve‘s balance sheet has undergone a recent update, revealing a quantifiable decrease in its total. As of Nov. 8th, the balance sheet reveals a total of $7.861T, indicating the continuation of the Federal Reserve’s quantitative tightening strategy. Notably, the balance sheet has seen a reduction of about $6B in the last week.  Weekly Change in Fed Balance Sheet :(Source: FRED)  This reduction, however slight, is essential to note as it is one of the slightest week-over-week changes effected by the Federal Reserve. To put it into perspective, it ranks as the fifth smallest reduction in a span of the past 20 weeks. This information is crucial as it illustrates the Federal Reserve‘s consistent, albeit slow, progress towards a tightened balance sheet. The implications of these changes, while not immediate, will be significant for financial markets in the long run as they reflect the Federal Reserve’s monetary policy adjustments.  Fed Balance Sheet :(Source: FRED)  The post Feds balance sheet signals cautious but consistent quantitative tightening appeared first on CryptoSlate.

2023-11-11Industriya

Bitcoin Explodes to $37K, Ethereum Reclaims $2K, Solana Rallies Beyond $50: This Weeks Crypto Recap

This week has been all about prices, hence the title. It appears that there‘s tremendous anticipation for the approval of a spot Bitcoin ETF, which seems to be one of the main explanations given by many experts of the ongoing rally. A lot happened price-wise, so let’s unpack.  First things first, it‘s important to note that the SEC is currently in a tight window to make a decision on whether or not they will approve a spot Bitcoin ETF. There’s the possibility of more delays, of course, but the market is optimistic. You can see that by the prices.  Bitcoin is currently trading above $37K, charting an increase of some 7.5% in the past seven days alone. The cryptocurrency even tried to surge past $38K yesterday, but the bulls didnt have it in them (yet).  Nevertheless, it‘s very critical to outline that while Bitcoin’s price has been rising, its dominance over the market has actually decreased. For those of you who don‘t know, Bitcoin’s dominance is the metric that gauges its share relative to that of the rest of the market. In other words, the altcoin market outperformed BTC.  But was it all altcoins?  That‘s far from the truth. Many of them performed on par

2023-11-11Industriya

Ang pilak ay dapat kumita mula sa berde na pang-industriya na pangangailangan - Commerzbank

Silver has underperformed Gold, both during the course of the year so far and during the latest price rally in October. Economists at Commerzbank analyze the precious metals outlook.  Silver suffering from weaker physical demand  One factor putting the brakes on Silver is presumably the weaker physical demand than last year. This at least is what the Silver Institute, together with Metals Focus, had predicted for this year back in April.  Having said that, industrial demand should continue to grow to reach a record level. Next week, the institute present its interim report for the Silver market in 2023. If this confirms the forecast of a declining supply deficit in response to weaker demand, we do not expect any significant reaction from the price.  We certainly anticipate higher prices in the medium term, however, given that Silver should profit from ‘green’ industrial demand.

2023-11-11Industriya

Why the price is up and whats next for ADA

Such a decrease often points to a period of consolidation or a lack of newsworthy developments capable of attracting and retaining users.  这种下降通常表明一段时期的整合或缺乏能够吸引和留住用户的有新闻价值的开发。  Nevertheless, the recent uptick in ADAs price has mirrored a resurgence in network activity, with active addresses climbing to 209,000 as of Nov. 9, signifying a 39% increase from the September low.  尽管如此,近期 ada 价格的上涨反映了网络活动的复苏,截至 11 月 9 日,活跃地址攀升至 209,000 个,较 9 月份的低点增长了 39%。  The data implies that while Cardano experienced a period of reduced activity, which coincided with a bearish phase for the asset, the network is now seeing signs of revitalization.  数据表明,虽然卡尔达诺经历了一段活动减少的时期,恰逢该资产的看跌阶段,但该网络现在看到了复苏的迹象。  Moving forward, it will be crucial to monitor whether this is a short-term reaction to price changes or indicative of sustained growth and increased adoption of the ADA platform.  展望未来,至关重要的是监测这是否是对价格变化的短期反应,还是表明 ada 平台的持续增长和采用率的提高。  Resurgence in TVL levels  tvl 水平回升  Cardano‘s total value locked (TVL) reflects the amount of ADA committed to the network’s smart contracts and is a metric commonly used to gauge the overall health of a decentralized finance (defi) ecosystem.  cardano 的总锁定价值 (tvl) 反映了致力于网络智能合约的 ada 数量,也是衡量去中心化金融 (defi) 生态系统整体健康状况的常用指标。  Despite being the eighth-largest cryptocurrency by market capitalization, Cardano‘s TVL has historically not matched the levels seen by Ethereum (ETH), which is often considered the benchmark for defi activity and one of Cardano’s key competitors.  尽管按市值计算,卡尔达诺是第八大加密货币,但其 tvl

2023-11-11Industriya

Bitcoin Versus M1 Money Supply: Ang Pinaka Bullish Chart Pa

Bitcoin price is at roughly $37,000, gaining more than $10,000 over the last month. The BTCUSD chart is beginning to look a lot more bullish. However, the most chart youll ever see is the top cryptocurrency by market cap compared against the money supply. Take a look.  The Most Bullish Bitcoin Chart Of All  Bears claim Bitcoin is going back to $10,000 due to the negative macro environment. More yet are sidelined, waiting for closer to the recurring “halving” before they expect BTC to appreciate further. But it is possible that bull market is brewing, and the aforementioned market participants are in disbelief and suffering from recency bias.  Even more bullish than the standard BTCUSD chart, is BTCUSD versus the M1 money supply. In fact, it could potentially suggest that Bitcoin is about to embark on its most significant bull run since 2017.  S&P 500 versus M1 Money Supply | SPX on TradingView.com  For comparison sake, this chart above is the S&P 500 against the same M1 money supply. Unlike BTC, which made a higher high since the massive money supply increases around COVID, the stock market has sunk to all-time lows against M1. This could be where Bitcoins restricted 21 million BTC supply comes

2023-11-11Industriya

Ang XRP Transfers ay Umabot ng Mega Milyon, Mga Posibleng Dahilan

Balita ng Ethereum ng Bitcoin  Larawan ng pabalat sa pamamagitan ng www.freepik.com  Disclaimer: Ang mga opinyon na ipinahayag ng aming mga manunulat ay kanilang sarili at hindi kumakatawan sa mga pananaw ng U.Today. Ang impormasyon sa pananalapi at merkado na ibinigay sa U.Today ay inilaan para sa mga layuning pang-impormasyon lamang. Ang U.Today ay hindi mananagot para sa anumang pagkalugi sa pananalapi na natamo habang nangangalakal ng mga cryptocurrencies. Magsagawa ng iyong sariling pananaliksik sa pamamagitan ng pakikipag-ugnayan sa mga eksperto sa pananalapi bago gumawa ng anumang mga desisyon sa pamumuhunan. Naniniwala kami na ang lahat ng nilalaman ay tumpak sa petsa ng paglalathala, ngunit maaaring hindi na available ang ilang partikular na alok na binanggit.  XRP is currently facing a bearish sell-off, on the assumption that major whales are moving funds to exchanges to sell. This trend was nakita by crypto data insights provider Whale Alert, which showed three successive transfers featuring 100,000,000 XRP initiated internally from Ripple Labs, 23,400,000 XRP and 24,700,00 XRP moved to Bitstamp and Bitso, respectively.  With the exact motive behind these transactions obscure, they generally underscore how ripe XRP is for profit-taking, a sentiment that justifies the move of the last two to trading platforms. Per the justification,

2023-11-11Industriya

Nalampasan ng CME ang Binance para makuha ang pinakamalaking bahagi ng bukas na interes ng futures ng Bitcoin

Binance‘s dominance of Bitcoin (BTC) futures open interest has been toppled by traditional derivatives marketplace heavyweight Chicago Mercantile Exchange (CME), following Bitcoin’s first move past the $37,000 mark in over 18 months.  A number of analysts highlighted the “flippening” of Binance by CME, with the latter overtaking the global cryptocurrency exchange for the largest share of Bitcoin futures open interest.  Wow, the real flippening that no one is talking about:  CME just flipped Binance for the largest share of Bitcoin futures open interest.  Bittersweet — there will soon be more suits than hoodies here.  — Will (@WClementeIII) Nobyembre 9, 2023  Open interest is a concept commonly used in futures and options markets to measure the total number of outstanding contracts. The metric represents the total number of contracts held by traders at any given point in time. The difference between the number of contracts held by buyers (longs) and the number of contracts held by sellers (shorts) determines open interest.  Bloomberg Intelligence exchange-traded fund (ETF) research analyst James Seyffart followed up an initial X (formerly Twitter) post from Will Clemente, questioning whether CME‘s growing amount of Bitcoin futures open interest would appease the United States Securities and Exchange Commission’s historical concerns over the depth of Bitcoin markets

2023-11-11Industriya

Bitcoin mining revenue reaches yearly high amid growing ETF anticipation

Bitcoin mining revenue has soared to unprecedented heights, outstripping even the lucrative days of the Ordinals frenzy earlier this year. On November 9, mining income reached about $42,386,514.038, propelled by a buoyant Bitcoin price, which climbed to over $37,000, according to data from Blockchain.com. However, this remarkable growth is closely linked to the burgeoning optimism surrounding the potential approval of a U.S. spot Bitcoin Exchange-Traded Fund (ETF) by the Securities and Exchange Commission (SEC) .  Economic implications of SECs upcoming decision  The financial world is abuzz with anticipation as the SEC‘s window for approving 12 applications for a spot Bitcoin ETF rapidly approaches. With an eight-day period starting Thursday allocated for this critical decision, the SEC’s verdict could significantly impact Bitcoins market dynamics . Bernstein Research, a branch of the prestigious Alliancebernstein firm, projects a high probability of the first spot Bitcoin ETF receiving SEC approval as early as January next year. This forecast signals a pivotal moment in Bitcoins journey toward mainstream financial recognition .  SEC sets January 2024 deadline for ETF decision  In a decisive move, the SEC has also designated January 10, 2024, as the deadline to approve or disapprove the proposed rule change for a spot Bitcoin ETF. This decision

2023-11-11Industriya

Will Ozempic Craze Hit Fitness Stocks? Here’s What Analysts Predict.

The surging popularity of weight-loss drugs may immediately seem to be potentially problematic for fitness stocks, as individuals have an alternative to shed pounds, but analysts suggest the craze is likely a boon for the industry as takers of these drugs likely will invest further in their appearance and wellness.  Planet Fitness is among the largest gym stocks in the U.S. Shares are down 18% this year.  key Katotohanan  Soaring sales of injectable GLP-1 semaglutide drugs like Ozempic and Wegovy have boosted the stocks of the drugmakers and weighed on grocery and packaged food stocks reacting negatively to the potential change in Americans diets, but the impact on the fitness sector has been more muted thus far.  Though on first thought it may look like the newly unlocked chance to lose weight via medication could dampen interest in gyms, theres a budding consensus on Wall Street that GLP-1s will help, not hurt, the industry; a Morgan Stanley survey last month found a twofold increase in weekly exercise for individuals after beginning their weight-loss drug regimen.  BMO Capital Markets analyst Simeon Siegel told he believes Ozempic and similar drugs have “the potential to trigger greater gym usage” as weight loss could lead to a widespread “desire

2023-11-11Industriya

Ang Poloniex ay na-hack ng higit sa $100 milyon

Balita ng Ethereum ng Bitcoin  Poloniex has been hacked, with over $100 million in crypto stolen.  Tron founder Justin Sun confirmed the hack, noting a 5% white hat bounty for the hacker.  Cryptocurrency exchange Poloniex has reportedly been hacked for over $100 million after its hot wallets were compromised.  According to data by on-chain data platform Lookonchain, the hacker has moved stolen assets to wallets on Ethereum and Tron as they attempt to cash out the loot.  Poloniex Hacker is selling stolen assets on #Ethereum para $ ETH and stolen assets on #Tron Network para sa $ TRX.  Manatiling ligtas! #poloniexhacker  — Lookonchain (@lookonchain) Nobyembre 10, 2023  Tron founder confirms hack, offers 5% bounty  Tron founder Justin Sun confirmed the hack in a post on X, adding that the platform was offering a 5% white hat bounty to the hacker.  Sun also said blockchain security platforms were helping to investigate the hack incident. The bounty will stand for up to 7 days before law enforcement are involved. On what happens to impacted user funds, Sun said the exchange was in a healthy financial position and would reimburse all victims.  “Poloniex maintains a healthy financial position and will fully reimburse the affected funds. Additionally, we are exploring opportunities for collaboration with other

2023-11-11Industriya
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