bullsinvest
China central bank vows crackdown on cryptocurrency trading

SHANGHAI (Reuters) - China's central bank vowed on Friday to crack down on illegal activities of cryptocurrency trading, banning overseas exchanges from providing services to mainland investors via Internet.

Read more
bullsinvest
Bitcoin rises as Dutch football club PSV announces support

Cryptocurrencies were back up on Thursday, after being hammered in the past week, as acceptance by mainstream companies continues.

Read more
bullsinvest
UK public sector borrowing sees second highest August on record FTSE rises

European stocks recovered some of yesterday's losses on Tuesday morning in London, as new data from the Office for National Statistics showed the UK's public sector borrowing had seen its second highest August on record.

Read more
bullsinvest
pNetwork hacked - Over 12M USD worth of Bitcoin stolen!

Cross-chain DeFi platform pNetwork has been hacked on Binance Smart Chain to the tune of approximately $12.7 million worth of Bitcoin.

Read more
bullsinvest
China's Evergrande is probably 'too big to fail': Market strategist

The thought of a Lehman Brothers-esque collapse in China sent U.S. investors running for the exits Monday.

Read more
bullsinvest
Why Brent Johnson Santiago Capital CEO believe that Banks will Crash the Market

Synopsis: Brent Johnson, CEO of Santiago Capital, is joined by Steven Van Metre of Steven Van Metre Financial to discuss the most pressing issues on the macro landscape. After exploring whether quantitative easing (QE) and low rates are inflationary or deflationary, Johnson and Van Metre take a deep dive into the plumbing of the Treasury market and specifically the operations of the Fed’s FOMC. Van Metre explains why he believes the Fed’s policies have actually caused banks to tighten their lending standards rather than loosen them as the Fed intended. The pair then take a look at swap lines and the Eurodollar funding market as well as the effect a credit contraction would have on the U.S. dollar. Lastly, Van Metre talks about his Real Vision journey and how the knowledge he’s gained has helped him as a financial advisor

Read more
bullsinvest
A Clear Message from China to OPEC+

China made headlines last week with the news that it was going to release some crude oil from its strategic petroleum reserve and sell it in a move that Bloomberg called "an unprecedented intervention."

Read more
bullsinvest
European markets down as UK inflation hit All time High since nine years!

European markets opened lower on Wednesday morning as the UK announced it saw the largest ever month-on-month inflation increase since records began in 1997.

Read more
bullsinvest
Hey, Remember China?

A geopolitical struggle barely in the early stages, with big implications At the height of former President Donald Trump’s trade war with China in 2019, I wrote about the hydra-headed controversies that were turning Sino-American flashpoints into an epochal fight for geopolitical dominance.

Read more
bullsinvest
Another Stimulus Check coming in September 2021

The United States has seen a shift from federal government providing financial aid to citizens to a more state-centric system, so this means that stimulus checks are now arriving from the states that have put money aside to try and support their citizens.

Read more
bullsinvest
OPEC raises forecast for 2022 growth in global oil demand

The Organization of the Petroleum Exporting Countries on Monday boosted its forecast for 2022 growth in global oil demand to 4.2 million barrels a day, up 900,000 barrels a day from its August projection. OPEC, in a monthly report, said it now expects 2022 global demand of 100.8 million barrels a day, topping pre-pandemic levels.

Read more
bullsinvest
Iranian Rapid Oil Comeback Looks Less Likely After Tanker Attack

Iran’s oil comeback, already taking longer than many traders expected, will be further complicated by last week’s deadly drone attack on a tanker in the Gulf of Oman, which the U.S., U.K. and Israel all blamed on Tehran.

Read more
bullsinvest
Marathon Digital Holdings Purchases 30,000 S19j Pro Bitcoin Miners from Bitmain

LAS VEGAS, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the largest enterprise Bitcoin mining companies in North America, has entered into a contract with Bitmain to purchase an additional 30,000 Antminer S19j Pro (100 TH/s) miners for $120.7 million.

Read more
bullsinvest
Oil Rebounds After Industry Report Shows Shrinking U.S. Supplies

Oil rebounded in post-market trading after an industry report showed declining U.S. inventories.

Read more
bullsinvest
Amazing : GameStop (GME) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, GameStop (GME) closed at $183.94, marking a +1.98% move from the previous day. This move outpaced the S&P 500's daily gain of 0.24%.

Read more
bullsinvest
Exclusive: Intel CEO on the chip industry: You can't be a little player

Intel CEO Pat Gelsinger may be locked and loaded on bulking up the chip powerhouse as it seeks to dethrone rivals Taiwan Semiconductor Manufacturing and Samsung in the business of making semiconductors for other tech giants.

Read more
bullsinvest
Deutsche Bank optimistic on revenues after profit beat

FRANKFURT, July 28 Deutsche Bank (DBKGn.DE) on Wednesday delivered a fourth consecutive quarterly profit for the first time in nearly a decade and raised its revenue outlook despite a decline in business at its investment bank.

Read more
bullsinvest
SWIFT Go Launches Low-Cost Network With 7 Major Banks

Seven major global banks are live on SWIFT Go, a new service by the global interbank messaging system aiming to offer low-cost, cross-border payments, in a possible threat to the real-time payments network offered by Ripple.

Read more
bullsinvest
Exclusive: Chinese Crypto News App CoinWorld Is Closing

Chinese crypto news portal CoinWorld is shutting down, Chinese media reported on Wednesday without saying where they got the information.

Read more
bullsinvest
OPEC - World oil demand to reach pre-pandemic levels in 2022

LONDON (Reuters) -OPEC stuck to its forecast for a strong recovery in world oil demand in the rest of 2021 and predicted oil use would rise in 2022 at similar to pre-pandemic rates, led by growth in the United States, China and India.

Read more
bullsinvest
Exclusive:Netflix Plans to Offer Video Games in Push Beyond FIlms

Netflix Inc., marking its first big move beyond TV shows and films, is planning an expansion into video games and has hired a former Electronic Arts Inc. and Facebook Inc. executive to lead the effort.

Read more