Jerry Lin
The Latest
-
Bitcoin Hits New Peaks Driven by Market Changes and Economic Trends
Bitcoin's recent surge to a year-to-date high, surpassing the $42,000 threshold, has caught the attention of the financial world. This uptick in the cryptocurrency's value is attributed to several key factors identified by industry analysts. A Bitfinex Alpha report has shed light on the reasons behind this significant price movement. Bitcoin's recent surge to a year-to-date high, surpassing the $42,000 threshold, has caught the attention of the financial world. This uptick in the cryptocurrency's value is attributed to several key factors identified by industry analysts. A Bitfinex Alpha report has shed light on the reasons behind this significant price movement. -
Venezuela's Referendum on Claiming Guyana Territory Stirs Tensions in Oil-Rich Region
On December 3, Venezuela, a major oil-producing country, held a nationwide referendum on incorporating the Essequibo region of neighboring Guyana as its 24th state. Preliminary results on December 4 indicated that 96% of Venezuelan voters favored annexing the Essequibo region, currently under Guyana's control, with a 51% voter turnout. On December 3, Venezuela, a major oil-producing country, held a nationwide referendum on incorporating the Essequibo region of neighboring Guyana as its 24th state. Preliminary results on December 4 indicated that 96% of Venezuelan voters favored annexing the Essequibo region, currently under Guyana's control, with a 51% voter turnout. -
Gold Prices Soar, Boosting Related Stocks Amid Fed Rate Cut Speculation
The international gold price has reached a new historical high. On December 4, COMEX gold futures continued their upward trend from the previous week, briefly surpassing the $2,150 per ounce mark. Spot gold broke through the $2,100 per ounce barrier, reaching a high of $2,144.68 per ounce, setting a new record. The international gold price has reached a new historical high. On December 4, COMEX gold futures continued their upward trend from the previous week, briefly surpassing the $2,150 per ounce mark. Spot gold broke through the $2,100 per ounce barrier, reaching a high of $2,144.68 per ounce, setting a new record. -
Bitcoin Soars to $40K, Sparking New Crypto Market Frenzy
Bitcoin has once again made headlines by reaching the notable mark of $40,000 for the first time in 19 months. Bitcoin has once again made headlines by reaching the notable mark of $40,000 for the first time in 19 months. -
Global Oil Prices Stagnate Despite Major OPEC+ Production Cuts
This tepid response is attributed to skepticism about the effectiveness of these voluntary cuts, uncertainty about global economic growth, and market expectations for more substantial reductions. This tepid response is attributed to skepticism about the effectiveness of these voluntary cuts, uncertainty about global economic growth, and market expectations for more substantial reductions. -
Inflation Decline in U.S. and Eurozone Fuels Expectations for Interest Rate Cuts
These figures represent the lowest monthly inflation rates recorded by these major economies during the current inflation and interest rate hike cycle. These figures represent the lowest monthly inflation rates recorded by these major economies during the current inflation and interest rate hike cycle. -
Bitcoin Breaks $38,000 Amid ETF Approval Anticipation and Corporate Acquisitions
The cryptocurrency market has witnessed a significant surge, with Bitcoin, the pioneering digital currency, breaking the $38,000 barrier. The cryptocurrency market has witnessed a significant surge, with Bitcoin, the pioneering digital currency, breaking the $38,000 barrier. -
Franklin Templeton CEO Foresees Potential Fed Rate Cut by 100 Basis Points Next Year
Jenny Johnson, President and CEO of Franklin Templeton, one of the world's largest asset management firms overseeing more than $1.4 trillion in assets, predicted a potential reduction in the Federal Reserve's interest rates by 100 basis points next year. Johnson shared her insights at the second Abu Dhabi Finance Week's Asset Forum on November 28. Jenny Johnson, President and CEO of Franklin Templeton, one of the world's largest asset management firms overseeing more than $1.4 trillion in assets, predicted a potential reduction in the Federal Reserve's interest rates by 100 basis points next year. Johnson shared her insights at the second Abu Dhabi Finance Week's Asset Forum on November 28. -
OECD Forecasts Global Economy to Avoid Hard Landing in Next Two Years, Warns of Significant Risks from Israel-Palestine Conflict
The Organisation for Economic Co-operation and Development (OECD) updated its global economic outlook report on November 29, analyzing trends and prospects for the next two years. The Organisation for Economic Co-operation and Development (OECD) updated its global economic outlook report on November 29, analyzing trends and prospects for the next two years. -
India's GDP Grows 7.6% in Q2, Surpassing Expectations with Manufacturing Boost
India's economy in the second quarter outperformed expectations, according to the latest data released by the Indian Statistical Office on Thursday. The country's Gross Domestic Product (GDP) for the second quarter (July-September) of the fiscal year 2023-2024 grew by 7.6%, slightly lower than the 7.8% growth recorded in the first quarter (April-June). India's economy in the second quarter outperformed expectations, according to the latest data released by the Indian Statistical Office on Thursday. The country's Gross Domestic Product (GDP) for the second quarter (July-September) of the fiscal year 2023-2024 grew by 7.6%, slightly lower than the 7.8% growth recorded in the first quarter (April-June).