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skolnes

skolnes

  • Cryptocurrency News

    The Fed’s biggest challenge has become the ‘Sasquatch of the financial world’

    by skolnes November 16, 2024
    November 16, 2024

    Listen and subscribe to Stocks in Translation on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Stocks have surged since the election, while bonds are caught in a …

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  • Cryptocurrency News

    Toyota Slams California’s ‘Impossible’ EV Mandate, Calls For National Regulation To Protect Consumers And Keep Manufacturing Viable

    by skolnes November 16, 2024
    November 16, 2024

    Toyota Slams California’s ‘Impossible’ EV Mandate, Calls For National Regulation To Protect Consumers And Keep Manufacturing Viable Toyota Motor North America has weighed in on California’s ambitious new electric vehicle …

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  • Bitcoin News

    Bitcoin Technical Analysis: BTC Holds Above $90K Despite Consolidation

    by skolnes November 16, 2024
    November 16, 2024

    Bitcoin has been holding steady at $90,258 to $90,509 over the last hour and indicators suggest a continuation of positive momentum, though minor pullbacks across timeframes hint at chances for …

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  • Cryptocurrency News

    These 2 Stocks Will Be Worth More Than Tesla in the Next 5 Years

    by skolnes November 16, 2024
    November 16, 2024

    Tesla (NASDAQ: TSLA) is currently the eighth-largest company in the world with a market cap of just over $1.05 trillion as of this writing. The stock underperformed the S&P 500 …

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  • Cryptocurrency News

    OpenAI Has a Warning for Nvidia. Is the AI Bubble Bursting?

    by skolnes November 16, 2024
    November 16, 2024

    It hasn’t even been two years since OpenAI changed the world by launching ChatGPT, but already there are signs that the technology could be hitting a ceiling. OpenAI’s latest model, …

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  • Cryptocurrency News

    MicroStrategy’s $26 Billion Bitcoin Cache Is Larger Than IBM, Nike Cash Holdings

    by skolnes November 16, 2024
    November 16, 2024

    (Bloomberg) — Michael Saylor’s unorthodox decision to hold Bitcoin instead of cash on MicroStrategy Inc.’s books has vaulted the once obscure software maker into the upper echelon of the wealthiest …

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  • Cryptocurrency News

    Celsius Keeps Taking Market Share as Its Revenue Falls: Here’s How That’s Possible

    by skolnes November 16, 2024
    November 16, 2024

    The energy drink space is big and filled with many upstart players. One that has risen to prominence in recent years is Celsius (NASDAQ: CELH). The company was able to differentiate …

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  • Bitcoin News

    Crypto ETFs Take a Hit: Fidelity and Grayscale Lead Losses

    by skolnes November 16, 2024
    November 16, 2024

    On Friday, after a tough Thursday of losses, the 12 spot bitcoin exchange-traded funds (ETFs) faced another dip. Similarly, the nine spot bitcoin ETFs didn’t fare any better, wrapping up …

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  • Cryptocurrency News

    This week in Bidenomics: Uh-oh, reflation

    by skolnes November 16, 2024
    November 16, 2024

    Is the dragon slain? Or just wounded? Inflation has been the scourge of the economy for the last three years. It spiked from a benign 1.4% when President Biden took …

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  • Bitcoin News

    Bitcoin NVT Golden Cross Signals ‘Local Bottom’ — What’s Next?

    by skolnes November 16, 2024
    November 16, 2024

    According to the latest on-chain data, the Bitcoin Network Value to Transactions (NVT) Golden Cross has fallen into a crucial region. What could this mean for the price of the …

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