BlackRock's Bitcoin ETF pulled in a MASSIVE $788m yesterday.
It smashed the previous record of $612m. They could be taking in +$1 Billion a day soon. Source: Bitcoin archive
France's 2023 Deficit 'Significantly' Above 4.9%' (BBG)
France's budget (in)discipline... Since the Great Financial Crisis in 2008, France managed to keep its budget deficit below the 3% threshold (remember the Maastricht Treaty) just once (2018). This is far worse than Italy. France's debt-to-GDP ratio is at 110%, up from 64% pre-financial crisis. With potential GDP growth at a paltry 1% and declining, structurally low interest rates is needed to keep the debt burden afloat. Source: Jeroen Blokland, Bloomberg
The law of supply and demand...
Source : Bitcoin Archive
There are no longer any companies in the $3 trillion market cap club.
source : bespoke
GOOGL closed under its 200D moving average for the first time in 12 months
source : barchart
Yesterday, not only has Bitcoin reached an ATH, Gold is also trading at a record high. What is the message here for fiat money?
Source: HolgerZ, Bloomberg
Germany Stock Exchange Firm Deutsche Boerse Launches Crypto Trading Platform
Germany-based Deutsche Boerse announced fully regulated crypto trading platform Deutsche Boerse Digital Exchange (DBDX). The spot trading platform is targeted for institutional clients said the Deutsche Boerse. The new Deutsche Boerse Digital Exchange is the latest step in its digital strategy to deliver a fully regulated and secure environment for institutional trading, settlement, and custody for this digital asset class. The German exchange group last year committed to introduce an integrated digital asset platform as part of its Horizon 2026 program. The initial trading will be request-for-quote basis and gradually moving to multilateral trading. Deutsche Boerse will offer trading venue and Crypto Finance (Deutschland) to provide digital asset clearing and settlement services. source : coingape
AI Beneficiary PEG Ratios - Locating the Value
Will nvidia $NVDA really plateau at 14% earnings growth after this year? Will arm $ARM come back to earth or will earnings rocket? Source: Consensus Guru
