Jerry Lin
The Latest
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Record Corn Supplies Weigh Heavy on U.S. Farmers Amid Market Downturn
U.S. farmers find themselves sitting on unprecedented levels of corn, with the surplus driving prices to their lowest point since November 2020. U.S. farmers find themselves sitting on unprecedented levels of corn, with the surplus driving prices to their lowest point since November 2020. -
Nikkei Shatters Decades-Old Record Amid Tech Rally and Foreign Investment Surge
Japan's Nikkei 225 index has soared to unprecedented heights, eclipsing the peak set during the bubble era of 1989 and signaling a new chapter in the country's economic narrative. Japan's Nikkei 225 index has soared to unprecedented heights, eclipsing the peak set during the bubble era of 1989 and signaling a new chapter in the country's economic narrative. -
Sam Bankman-Fried Confirms Retention of New Legal Team Amid Potential Conflicts
Sam Bankman-Fried (SBF), the embattled founder of the now-defunct cryptocurrency exchange FTX, affirmed his decision to retain his recently appointed defense attorneys, Marc Mukasey and Torrey Young, through his upcoming sentencing, despite potential conflicts of interest. Sam Bankman-Fried (SBF), the embattled founder of the now-defunct cryptocurrency exchange FTX, affirmed his decision to retain his recently appointed defense attorneys, Marc Mukasey and Torrey Young, through his upcoming sentencing, despite potential conflicts of interest. -
Fed Treads Cautiously on Rate Cuts Amid Inflation Uncertainty
During their latest meeting, Federal Reserve officials expressed a cautious stance on the possibility of reducing interest rates, amidst a complex backdrop of inflation dynamics and economic indicators. During their latest meeting, Federal Reserve officials expressed a cautious stance on the possibility of reducing interest rates, amidst a complex backdrop of inflation dynamics and economic indicators. -
Germany's Economic Growth Forecast Plummets Amid Ongoing Challenges
Germany's economic outlook for 2024 has taken a turn for the worse, with the government revising its growth forecast down to a mere 0.2%, a significant drop from the previously anticipated 1.3%. Germany's economic outlook for 2024 has taken a turn for the worse, with the government revising its growth forecast down to a mere 0.2%, a significant drop from the previously anticipated 1.3%. -
U.S. Escalates Pressure on China's Chip Industry with New SMIC Restrictions: Report
The Biden administration has intensified its scrutiny of China's semiconductor industry by targeting Semiconductor Manufacturing International Corp (SMIC), China's leading chipmaker, with new restrictions that cut off its most advanced factory from key American imports. The Biden administration has intensified its scrutiny of China's semiconductor industry by targeting Semiconductor Manufacturing International Corp (SMIC), China's leading chipmaker, with new restrictions that cut off its most advanced factory from key American imports. -
Ether's Resurgence to $3,000 Sparks Market Optimism Amid ETF Anticipation
Ether (ETH), the cryptocurrency powering the Ethereum network, has surged to $3,000 for the first time since April 2022, igniting excitement among investors and signaling a potential turnaround from the prolonged crypto market downturn. Ether (ETH), the cryptocurrency powering the Ethereum network, has surged to $3,000 for the first time since April 2022, igniting excitement among investors and signaling a potential turnaround from the prolonged crypto market downturn. -
Discover Financial Soars as Capital One Seals $35 Billion Acquisition, Visa and Mastercard Face Setback
Capital One Financial has announced a monumental $35.3 billion acquisition of Discover Financial, a deal poised to reshape the competitive landscape of the payments processing market, traditionally dominated by giants Visa and Mastercard. Capital One Financial has announced a monumental $35.3 billion acquisition of Discover Financial, a deal poised to reshape the competitive landscape of the payments processing market, traditionally dominated by giants Visa and Mastercard. -
Bitcoin ETFs Fuel Market Depth Surge to $540M, U.S. Exchanges Lead Liquidity Boost
The introduction of U.S.-based spot bitcoin exchange-traded funds (ETFs) in January has not only invigorated the cryptocurrency's price but also significantly enhanced order book liquidity. The introduction of U.S.-based spot bitcoin exchange-traded funds (ETFs) in January has not only invigorated the cryptocurrency's price but also significantly enhanced order book liquidity. -
Bitcoin ETFs Shatter Records with $2.4 Billion Inflows, Spotlight on BlackRock and Fidelity Offerings
Bitcoin-focused exchange-traded funds (ETFs) witnessed unprecedented inflows, totaling a staggering $2.4 billion of the $2.45 billion directed towards digital asset investment products. This surge was led predominantly by newly approved U.S.-based spot Bitcoin ETFs, with BlackRock's IBIT and Fidelity's FBTC capturing the lion's share of investor interest, according to a recent report by CoinShares. Bitcoin-focused exchange-traded funds (ETFs) witnessed unprecedented inflows, totaling a staggering $2.4 billion of the $2.45 billion directed towards digital asset investment products. This surge was led predominantly by newly approved U.S.-based spot Bitcoin ETFs, with BlackRock's IBIT and Fidelity's FBTC capturing the lion's share of investor interest, according to a recent report by CoinShares.