Top public bitcoin Treasury companies
The race is on to acquire as many bitcoin as possible. https://lnkd.in/e3G87qYN
The Hong Kong Monetary Authority said it used HK$9.4bn ($1.2bn) of its reserves to buy Hong Kong dollars on the open market.
It acted after the local currency dropped past HK$7.85 per US dollar, the weak end of the band within which it is allowed to trade. The move will drain liquidity from the banking system and pushed up interbank lending rates on Thursday, potentially threatening a carry trade that has allowed investors to borrow cheaply in the city’s currency before investing in higher-yielding US debt securities. Source: FT https://lnkd.in/evksjsp9
Emerging markets $EEM are breaking out to 3-year highs.
Source: Ross J Brown RJB Financial Direction Limited
Remember IBM?
Over the past 5 years, it has outperformed: • Microsoft • Apple • Google Source: Brew markets
BREAKING: US Federal Housing Finance Agency orders Fannie Mae and Freddie Mac to count Bitcoin & crypto as an asset when assessing mortgage eligibility.
Source: Bitcoin Archive @BTC_Archive
The last two golden crosses on $QQQ did not disappoint...
What do we have in store this time around? Source: Trend Spider
Nasdaq seasonality in July is something else
Source: zerohedge
BREAKING 🚨: U.S. Dollar
The lowest close since March 2022 for the U.S. Dollar Index $DXY on track its 📉📉 Source: Barchart
