Jerry Lin

Jerry Lin

The Latest

  • Tesla's Stock Plummets 8% Amid 2024 Sales Slowdown Warning
    TERMINATED
    Tesla Inc., the electric vehicle powerhouse, experienced a significant 8% drop in its stock prices in pre-market trading on Thursday. This downturn came in the wake of the company's fourth-quarter earnings report, which not only missed market expectations but also included a cautionary outlook for the year 2024.
  • Ethereum ETF Faces SEC Hurdle Despite Optimism in Crypto Market
    ETHEREUM
    The U.S. Securities and Exchange Commission (SEC) has taken a pivotal stance by approving spot Bitcoin exchange-traded funds (ETFs). However, the same enthusiasm does not extend to Ethereum ETFs, where the SEC reportedly maintains a "hard no" position, according to Fox Business' Eleanor Terrett.
  • BlackRock's IBIT Attracts $272M as Grayscale's GBTC Faces Exodus
    SUSPENDED
    The Bitcoin Exchange-Traded Fund (ETF) market is witnessing a dynamic shift, with BlackRock's iShares Bitcoin Trust (IBIT) recording substantial inflows, while Grayscale's Bitcoin Trust (GBTC) experiences a significant exodus. This development marks a pivotal moment in the cryptocurrency investment landscape, signaling investor preferences and market trends.
  • Bitcoin's Value Dips to $38K Amid Grayscale's $600 Million Sell-Off
    A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration
    The cryptocurrency market witnessed a significant shake-up this week as Bitcoin, the world's premier digital asset, experienced a sharp decline, dropping to the $38,000 level. This downward trend coincides with a massive sell-off by Grayscale Investments, amounting to nearly $600 million worth of Bitcoin.
  • Bitcoin ETF Launch Triggers Price Drop: Unresolved Issues in Crypto Sphere Surface
    CRYPTO
    The launch of spot Bitcoin ETFs has paradoxically led to a bearish trend in Bitcoin prices, primarily driven by pressure from unresolved issues within the crypto sphere. A significant factor contributing to the bear market is the conversion of Grayscale's GBTC from a closed-end trust to an open-end spot ETF, leading to a substantial increase in Bitcoin's market liquidity.
  • Bank of Japan Holds Steady with Negative Rates, Cautious Amid Global Shifts
    BOJ
    In a widely anticipated move, the Bank of Japan (BOJ) has maintained its ultra-loose monetary policy, continuing to stand as the only central bank in the world with negative interest rates.
  • Oil Prices Climb 2% Amid Middle East Conflicts and North American Cold Snap
    OIL PRICE HIKE
    The fluctuating dynamics of the oil market have once again come into sharp focus as geopolitical tensions and weather conditions combine to exert upward pressure on oil prices.
  • China's Banks Intervene to Bolster Yuan Amid Stock Market Tumble
    China will deepen reforms of loan prime lending rate - central bank official
    China's state-owned banks actively intervened in the foreign exchange market on Monday, as the nation's stock markets experienced a significant slump. This initiative marks a concerted effort by Beijing to counteract the negative sentiment impacting equities and the broader financial landscape.
  • Market Watch: Bitcoin Dips Below $41K Amidst ETF Surge and Market Uncertainty
    GROWING
    Bitcoin, the flagship cryptocurrency, is experiencing fluctuations, trading below the $41,000 threshold, amidst a backdrop of remarkable activity in the Bitcoin exchange-traded funds (ETFs) sector. The world's largest crypto asset by market capitalization saw a 2.62% decrease in value in a single day and a 4.38% loss over the past week, standing at $40,668.51 on Monday morning.
  • Bitcoin ETFs Gain Momentum, Experts Predict Next Move to Options
    Bitcoin earns itself an anti-fan in Deatsch Bank
    The recent debut of spot Bitcoin Exchange-Traded Funds (ETFs) on Wall Street has sparked a new wave of interest in cryptocurrency-based financial products.
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