Both initial jobless claims and continuing claims were lower than expected last week.
🔊 Initial Jobless Claims came in at 217K versus the consensus forecast of 223K. 🔊 The 4-week average came in at 221K versus the consensus forecast of 226K. Source: CMG Venture Group
BREAKING 🚨 PPI data came out…
YoY Growth: • PPI (Oct), 2.4% Vs. 2.3% Est. (prev. 1.8%) • Core PPI, 3.1% Vs. 3.0% Est. (prev. 2.8%) MoM Growth: • PPI (Oct), 0.2% Vs. 0.2% Est. (prev. 0.0%) • Core PPI, 0.3% Vs. 0.2% Est. (prev. 0.2%) Source: Stocktwits
JUST IN: 🚨BlackRock’s Bitcoin ETF has hit $40 billion in assets in a record time 🚀 The most successful ETF launch ever
Source: Bloomberg, Bitcoin Magazine
JUST IN: White House plans to triple Nuclear Power by 2050 to meet technology demands.
Source: Bloomberg
U.S. and China account for half the worlds’ household wealth
Source: Visual Capitalist
YTD returns
Source: IceCap
🚨 In case you're wondering how real the FOMO is in crypto:
Coinbase, $COIN, just became the 2nd most downloaded finance app in the app store. Just last week, it was the 33rd most downloaded finance app. All as Bitcoin just hit $90,000 for the first time in history. Tomorrow, will Coinbase become #1 ??? Source: The Kobeissi Letter
BREAKING: Ai company Genius Group adopts Bitcoin as its primary treasury asset and will buy $120m $BTC
Genius Group will also start accepting Bitcoin payments. "We see Bitcoin as being the primary store of value that will power these exponential technologies" Source: Bitcoin Archive
