Jerry Lin
The Latest
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Yellen Optimistic About 2024 Economy, Highlights Middle-Class Growth
Amidst a landscape of political and economic debates leading up to the 2024 election, Treasury Secretary Janet Yellen conveyed a robust and optimistic outlook for the U.S. economy, asserting her confidence in continued growth and stability. 
Amidst a landscape of political and economic debates leading up to the 2024 election, Treasury Secretary Janet Yellen conveyed a robust and optimistic outlook for the U.S. economy, asserting her confidence in continued growth and stability. -
Italy Unravels $1.9 Billion Tax Fraud Involving Italo-Chinese Shadow Banking
Italian authorities have uncovered a sophisticated tax evasion scheme involving 85 suspects and a staggering 1.7 billion euros (approximately $1.9 billion). 
Italian authorities have uncovered a sophisticated tax evasion scheme involving 85 suspects and a staggering 1.7 billion euros (approximately $1.9 billion). -
U.S. Economy Surpasses Expectations with 3.3% Growth in Q4
The U.S. economy exhibited a surprisingly robust performance in the fourth quarter of 2023, growing at a 3.3% annualized rate, significantly outpacing expectations. This growth, as reported by the Commerce Department on Thursday, marks a decisive moment, as the U.S. skirted a recession that many analysts had predicted. 
The U.S. economy exhibited a surprisingly robust performance in the fourth quarter of 2023, growing at a 3.3% annualized rate, significantly outpacing expectations. This growth, as reported by the Commerce Department on Thursday, marks a decisive moment, as the U.S. skirted a recession that many analysts had predicted. -
Tesla's Stock Plummets 8% Amid 2024 Sales Slowdown Warning
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. 
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
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. 
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
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. 
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
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. 
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
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. 
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
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. 
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
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. 
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.
