The incoming Donald Trump administration is considering expanding the regulatory authority of the Commodity Futures Trading Commission (CFTC) to cover the $3 trillion digital asset market. This potential move is part of an initiative to reshape financial regulations in the U.S. under President-elect Trump. The decision could mark a major shift in how the crypto market is regulated. Donald Trump ...
Join Tony as he walks you through a Macro Market outlook, and shares his top bearish and bullish options trading ideas. He talks growth vs. value, commodities, bonds, the Dollar Index, sectors like homebuilders and semiconductors, and stocks like NVDA, DIS, INTC, and more. This video premiered on November 26, 2024. ...
On November 21, 2024, Citron Capital shorted MicroStrategy Inc. (MSTR). What made this confrontation particularly electrifying was the clash between two titans: Citron, a legendary short seller, and MicroStrategy, arguably the strongest stock of 2024. Why did Citron short MicroStrategy? Citron called its $91 billion valuation a reckless Bitcoin bubble. MSTR began buying Bitcoin in 2020; it currently owns 1.7% ...
Controversial ‘squad’ member Rep. Ilhan Omar, D-Minn., has explained where she thinks the Democratic presidential ticket of Vice President Kamala Harris and Gov. Tim Walz, D-Minn., went wrong. According to Omar, the campaign’s choice to embrace the endorsements of former Republican Rep. Liz Cheney and her father, former Vice President Dick Cheney, was ‘a huge misstep.’ This was especially true ...
Israel has agreed to a cease-fire agreement with Hezbollah terrorists that would end nearly 14 months of fighting, President Biden announced Tuesday. Biden, speaking from the White House Rose Garden, said that Israel and Lebanon agreed to the deal. Israel retains the right to self-defense should Hezbollah break the pact, Biden said. ‘Let’s be clear. Israel did not launch this ...
Ripple CEO Brad Garlinghouse has become a key figure in discussions around the rumored “Crypto Czar” position in Donald Trump’s White House. Speculation about Garlinghouse’s potential role in shaping U.S. crypto policy gained momentum following comments from former Ripple executive Sean McBride. This comes amid notable developments in the crypto industry, including the movement of 50 million XRP tokens valued ...
Rumble, a video-sharing platform and cloud services provider, has announced its decision to allocate up to $20 million of its corporate treasury to Bitcoin. The move, approved by its Board of Directors, underscores the company’s commitment to diversifying its cash reserves and expanding its presence in the cryptocurrency sector. Rumble Adopts Bitcoin Strategy With $20M Plan for Treasury Diversification According ...
As cyber threats continue to escalate globally, CrowdStrike Holdings, Inc. (CRWD) has emerged as a leading cybersecurity firm poised for significant growth. After an outage earlier this year, CrowdStrike’s stock price has lagged for much of 2024, but recent stock price action suggests that CRWD is potentially gearing up to break out. In this analysis, we’ll explore the bullish signals ...
It’s a short trading week, and the stock market is rallying. It’s clear that Wall Street liked President-elect Donald Trump’s choice of Scott Bessent for Treasury Secretary. The broader stock market indexes closed higher, with the Dow Jones Industrial Average ($INDU) closing at a new record. The S&P 500 ($SPX) tried to meet its all-time high, but didn’t. The Nasdaq ...
The crypto universe has concluded yet another week, primarily with riveting developments unfolding across the broader sector. Bitcoin (BTC) continues to pump, hitting a new ATH this week. Simultaneously, Ripple’s XRP garnered significant market attention, recording considerable gains. The broader market continues to leverage investor optimism post-U.S. elections that saw Donald Trump reelected as the president. Here’s a brief collection ...
In the last few days, the bulls have taken over the crypto market, where many tokens have gained new highs, including the failing ones Hamster Kombat and X Empire. With the Bitcoin price nearing $100K, these failing Tap-to-earn tokens have also met with the bulls, aiding in their recoveries. However, the question still stands the same. Which one fits right ...
Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. The new funding brings the tech giant’s total investment to $8 billion, though Amazon will retain its position as a minority investor, according to Anthropic, the San Francisco-based company behind the Claude chatbot and AI model. Amazon Web Services ...