InvestaFeed.com | Page 150 | Digital Currency, Stock Market, and Investment News from your Reliable Sources Channel

FTSE 100, DAX 40 and S&P 500 Head Back Towards Record Highs

Outlook on FTSE 100, DAX 40 and S&P 500 amid BoE and Fed talk

Forex

20 May 2024

BOP Posts US$639 Million Deficit in April 2024; End-April GIR Settles at US$102.6 Billion

PDate: 5/20/2024
Content: The country’s overall balance of payments (BOP) position posted a deficit of US$639 million in April 2024, higher than the US$148 million BOP deficit recorded in April 2023. The BOP deficit in April 2024 reflected outflows ar...

News

20 May 2024

PSE STAR-featured companies discuss financials and prospects in Q124

The Philippine Stock Exchange, Inc. (PSE) hosted the first quarter run of PSE STAR: Investor Day on May 15 and 16, 2024. The virtual event showcased live briefings of 12 publicly listed companies (PLCs) while another 15 PLCs joined through pre-recorded briefings. This edition of PSE STAR also published the maiden PSE Spotlight report for…

News

20 May 2024

Euro Struggles With $1.09 Cap But Finds Support in Risk Appetite

The week has got off to a subdued start for EUR/USD, with the Dollar likely to set the trading pace

Forex

20 May 2024

Aussie, Kiwi Dollar Outlook: AUD, NZD Price Setups Ahead of the RBNZ

AUD/USD bullish potential remains, and AUD/NZD bounces off a zone of support ahead of the Reserve Bank of New Zealand’s rate announcement and RBA minutes

Forex

20 May 2024

DTCC Smart NAV Pilot Utilizes Chainlink for Blockchain-Based Mutual Fund Data

The Depository Trust & Clearing Corporation (DTCC) has announced the successful completion of its Smart NAV pilot, leveraging Chainlink’s technology to enhance its Mutual Fund Profile Service I (MFPS I). The initiative aims to bring trusted d...

20 May 2024

Novogratz Predicts Bitcoin Trading Between $55K-$75K This Quarter

Bitcoin is expected to trade within a narrow range this quarter, according to Michael Novogratz, founder of Galaxy Digital Holdings Ltd. “Bitcoin, ethereum and everything else, solana will consolidate,” he said last week, adding that it m...

20 May 2024

Skybridge’s Scaramucci: Institutional Adoption of Bitcoin Is Happening Now

Anthony Scaramucci, founder of Skybridge Capital, believes that the institutional adoption of bitcoin is happening now. Highlighting recent developments like the State of Wisconsin Investment Board investing in Blackrock’s spot bitcoin exchange-...

19 May 2024

Donald Trump Viewed as ‘America’s First Crypto President’ by Former CFTC Chairman

Former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo has emphasized former U.S. President Donald Trump’s critical role in the cryptocurrency industry, dubbing him “America’s first crypto president” due...

19 May 2024

How to Choose the Right People as Beneficiary for Life Insurance Philippines

We’ve covered the general rules and Philippine laws on picking your beneficiaries in an earlier article. But frankly, you are not expected to know them when buying life insurance in the Philippines. It’s for need-only basi...

News

19 May 2024

US Congress Passes First Standalone Crypto Legislation

The U.S. Congress has passed its first standalone crypto legislation, which aims to overturn the controversial U.S. Securities and Exchange Commission (SEC)’s SAB 121 rules regarding crypto assets. However, President Joe Biden has threatened to v...

19 May 2024

Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over 11,000 Miners to Face the Nation’s Energy Crisis

The Venezuelan National Power Ministry announced a special operation to disconnect all bitcoin mining farms from the grid. Authorities have seized over 11,000 bitcoin miners as the government seeks to reduce the power usage from high-power customers si...

19 May 2024

Markets Week Ahead: Gold in Record Zone as EUR/USD, GBP/USD & Silver Break Out

The U.S. economic calendar will be relatively quiet in the coming week, allowing recent market movements to potentially consolidate. Meanwhile, the release of April inflation data in the UK could introduce increased volatility to UK assets.

Forex

19 May 2024

Over $23M in Casascius Bitcoins Redeemed in 2024, Leaving $2.7B Untouched

As of the latest data, 352.3 BTC valued at $23.5 million linked to Casascius physical bitcoins have been redeemed this year. Despite 155 physical bitcoin peels, an estimated $2.7 billion in value remains unclaimed and associated with these tangible ass...

19 May 2024

Cryptoquant CEO Predicts Bull Run Midpoint as Bitcoin Recovers

The price of bitcoin experienced a challenging May, dipping below $60,000 to reach a low of $56,500 per unit on May 1, 2024. Currently valued at $66,900 per unit, bitcoin’s price is showing improvement as June approaches. The founder of the onch...

19 May 2024

10 US Spot Bitcoin ETFs Absorbed 548,556 BTC Worth $36 Billion in 128 Days

According to recent data, the ten spot bitcoin exchange-traded funds (ETFs), excluding Grayscale’s Bitcoin Trust (GBTC), acquired 548,556.62 BTC from the market over the last 128 days. This acquisition means the ten newly introduced spot bitcoin...

19 May 2024

Vitalik Buterin Outlines Improvements for Ethereum’s Decentralized Future

Ethereum co-founder Vitalik Buterin has proposed several enhancements aimed at improving the network’s permissionlessness and decentralization. The proposed changes focus on tackling issues such as miner extractable value (MEV), hardware require...

19 May 2024

What You Need to Know About Managing Expenses to Buy and Stay in Your Home

A podcast series examines sustainable homeownership by outlining the financial implications of buying a house.

News

19 May 2024

‘What Was I Thinking?’ The Big-Ticket Items People Regret

People spend a lot of money on all sorts of things, only to later ask themselves: “What was I thinking?”

News

19 May 2024

Dimon Led Bank CEOs to Fend Off Tougher Capital Rules

Regulators discuss slashing proposed capital requirements in sign of banks’ increasing clout.

News

19 May 2024

The Properties High Interest Rates Can’t Touch

Competition to buy the world’s most exclusive stores is intense despite modest rent growth.

News

19 May 2024

The Downside of Delayed Gratification

We’re all told that it pays to be disciplined in our spending and consumption. But the advice can backfire.

News

19 May 2024

A Deck Maker’s $450 Million Bet on America’s Renovation Boom

Trex is building a factory in Arkansas to boost its manufacturing capacity, and it is rolling out new lines of premium decking.

News

19 May 2024

Want to Buy SpaceX Stock? You Have to Know Someone

Shares in Elon Musk’s rocket and satellite company are a hot ticket for investors, but SpaceX tightly controls access.

News

19 May 2024

What are Life Insurance Needs for Different Life Stages in the Philippines

How do you know that you need life insurance? When is the best time to get insured? What stage in your life should you buy life insurance? Whether you already have a policy or you are still thinking of getting one, these are questions&#1...

News

19 May 2024

US Dollar Forecast: Quiet Week May Signal Deeper Slide Ahead – EUR/USD, GBP/USD

The article examines the short-term outlook for the U.S. dollar, honing in on two key FX pairs: EUR/USD and GBP/USD. The piece also provides analysis on recent price action dynamics and fundamental drivers.

Forex

19 May 2024

How Much to Save Monthly to Earn 15M Pesos in 20 Years Philippines

How much should you invest every month in order to earn ₱15 million in 20 years? This is a question that was posted on one of the Facebook groups, and I thought this is a really good question that is worth answering. You can actually use spre...

News

19 May 2024

When to Treat Your 401(k) as a Bank. And When to Keep It Locked Up.

Higher interest rates make retirement-plan loans more attractive, but there are risks.

News

19 May 2024

Gold, Silver Weekly Forecast: Gold Bid on Dollar Drop, ‘Silver Squeeze’ Returns

Precious metals are looking positive after softer CPI data shifted the focus to Fed rate cuts and silver surged on what appears to be a return of ‘meme stock’ mania

Forex

18 May 2024

I Took Career Advice From My Mom for Granted. Then She Died.

The financial assistance would be invaluable. But I miss the emotional support even more.

News

18 May 2024