Category: Traders
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Traders have poured $5 billion into leveraged Nvidia ETFs. They’re up 425% even after the stock’s big wipeout.
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Stock market bullMoonset/Getty Images Leveraged ETFs tracking Nvidia’s performance have soared this year. The leveraged funds focused on the AI giant have attracted $5 billion from investors. This amount is leagues beyond other single-stock ETFs that track huge technology names. A new type of exchange-traded fund has been making waves…
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Bitcoin (BTC) Price Dumps Toward $62K, Liquidating Over 60,000 Traders
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Monday started off on the wrong foot for Bitcoin and the entire cryptocurrency market, as the underlying digital asset fell from over $64,000 to a new multi-week low of under $62,500. Although liquidations on a daily scale are still relatively low at just over $130 million, the total amount of…
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LayerZero price suffers a harsh reversal as traders bet on a rebound
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LayerZero price suffered a sharp reversal on Friday, erasing all the gains made on Thursday after the airdrop. LayerZero fell to $3, down from this week’s high of $4.57. As it declined, the coin’s market cap fell below $1 billion at $745 million. LayerZero price chart LayerZero price we expected,…
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BRETT Falls Over 10% as Some Traders Switch to New Base Meme Coin DAWGZ
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The meme train game on Coinbase’s main chain has taken another turn. Britt (BRETT) stock has fallen more than 10% in the past 24 hours, leaving traders scratching their heads. But while Brit investors are grieving, another competitor continues to perform well – Peace Dogs (DAWGZ). BRETT Token Drops, but…
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Europe’s Gas Traders Are Watching These Five Drivers This Summer
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Breadcrumb links BMN Business Summer used to be a slow season for the gas market in Europe, but for the third year in a row, it has become tense. Article writer: Bloomberg News Anna Shiraevskaya Posted on June 19, 2024 • 3 minutes read You can save this article by…
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KRA pursues directors, traders in Sh67m tax evasion scheme
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Twenty suspects, including directors of five companies, face various tax fraud charges, including a missing tax evasion scheme. The Kenya Revenue Authority (KRA) said its investigations revealed that 15 individuals and five companies committed various tax evasion offenses with a total tax implication of Sh66.7 million. In a missing merchant…
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Dollar edges up as traders await Fed rate cut clues By Reuters
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Written by Kevin Buckland TOKYO (Reuters) – The dollar rose on Tuesday as traders looked to the key U.S. retail sales report and comments from Federal Reserve officials to better gauge the timing and pace of interest rate cuts. The index, which measures the currency against the euro, pound, yen…
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The Most Dangerous Emotion for Forex Traders
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“A greedy person and a poor person are actually the same thing.” The Swiss proverb above couldn’t be truer for us traders. As you know, many Forex traders (and their accounts) have suffered because of greed. In fact, this is the case with the proverb “Bulls and bears make money.…
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Traders in Wait-and-See Mode Before US CPI, Fed: Markets Wrap
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(Bloomberg) — European stock futures rose while Asian shares fell, as the double whammy of an upcoming U.S. inflation report and a Federal Reserve decision kept traders on edge. Most read from Bloomberg Hong Kong’s stock index fell more than 1%, with auto stocks leading the decline ahead of the…
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Traders Trust’s CEO Officially Launches New Platform
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Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24…
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Why Traders are Considering MT4 & MT5 Alternatives
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Over the last few years, dozens of innovative Forex trading platforms have arisen in the investment market, presenting some serious competition for Metatrader platforms, which were previously industry standards. A rising market looking for such alternatives has been Indian and Pakistani traders; while they’re very familiar with the strengths of…
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Dollar stands tall as traders mull Fed outlook; focus on ECB By Reuters
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Written by Amanda Cooper LONDON (Reuters) – The dollar stabilized on Monday, as investors accepted the idea that US inflation may have slowed enough to prompt the Federal Reserve to cut interest rates in 2024, while the euro remained calm ahead of an expected cut from the European Central Bank.…
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Traders Are Bracing for a Record-Smashing Summer That Will Roil Commodities
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Breadcrumb links BMN Business Rising food and energy prices are frustrating the Federal Reserve’s efforts to combat inflation. Article writer: Bloomberg News Bloomberg News Published May 30, 2024 • 7 minutes read You can save this article by registering for free here. Or log in if you have an account.…
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BDSwiss Elevates Traders’ Experience with Advanced Trading Tools
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To succeed in dynamic financial markets, traders must use effective trading tools that enable them to quickly adapt to ever-changing trends. A prominent CFD broker BD Swiss Provides access to next-generation trading tools precisely designed to analyze market trends, enabling traders to develop their strategies and make informed decisions. In…
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Parabolic Rally In The Making? Bitcoin Regains $70,000 As Traders’ Paper Profits Collapse To 3%
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The world’s largest cryptocurrency, Bitcoin (BTC), has been consolidating over the past week, trading between $67,000 and $70,000 after seeing a brief 20% price correction that took it down to $56,400 in early May. this The period of unification This comes as flows return to the US Bitcoin ETF market,…
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Parabolic Rally In The Making? Bitcoin Regains $70,000 As Traders’ Paper Profits Collapse To 3%
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The world’s largest cryptocurrency, Bitcoin (BTC), has been consolidating over the past week, trading between $67,000 and $70,000 after seeing a brief 20% price correction that took it down to $56,400 in early May. this The period of unification This comes as flows return to the US Bitcoin ETF market,…
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AI Frenzy Draws Stock Traders to Southeast Asia’s Likely Winners
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Breadcrumb links BMN Business Equity investors in Southeast Asia are looking for alternatives to playing the artificial intelligence theme, as tech giants pump billions of dollars into infrastructure spending over the next few years. Article writer: Bloomberg News John Cheng, Edward Gesmatulin, and Nguyen Kieu Giang Posted on May 27,…
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Could Ethereum Outshine Bitcoin With New US Spot ETFs? Traders Bet Big
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Ethereum is currently at the top of traders’ minds, driven by recent regulatory developments in the United States. Anticipation of approval of exchange-traded funds (ETFs) for Ethereum has ignited a rally in its value. ETH price has so far seen a notable uptrend of over 20% in the past weeks,…
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Yen traders heads up – Japan finance minister Suzuki denies bilateral meeting with Yellen
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Bank of Japan Governor Ueda and Japanese Finance Minister Suzuki spoke over the weekend, at the conclusion of the G7 meeting in Italy. Suzuki said he did not have a one-on-one meeting with US Treasury Secretary Yellen. This seems to indicate that there is no discussion about coordinated intervention by…
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Yen traders heads up – Japan finance minister Suzuki denies bilateral meeting with Yellen
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Bank of Japan Governor Ueda and Japanese Finance Minister Suzuki spoke over the weekend, at the conclusion of the G7 meeting in Italy. Suzuki said he did not have a one-on-one meeting with US Treasury Secretary Yellen. This seems to indicate that there is no discussion about coordinated intervention by…