Jerry Lin

Jerry Lin

The Latest

  • Bitcoin Soars Above $43K as Crypto Industry Ramps Up Lobbying Efforts
    A Bitcoin logo is seen on a cryptocurrency ATM in Santa Monica
    Bitcoin, the world's most prominent digital currency, has continued its impressive rally, soaring above $43,000 for the first time since May 2022. This surge has led to a 161% year-to-date gain for Bitcoin and has positively impacted other major cryptocurrencies and crypto-linked stocks.
  • Moody's Cuts Outlook on China's Credit Rating, Signaling Economic Challenges
    CHINESE YUAN
    Moody's Investors Service has adjusted its outlook on China's government credit ratings to negative from stable, highlighting the rising concerns over the Asian giant's fiscal health and property sector crisis.
  • Global Oil Prices Surge as OPEC+ Considers Deepening Output Cuts
    OIL
    The global oil market is witnessing a significant uptick, with Brent crude surpassing $78 a barrel, following Russia's hint at an OPEC+ inclination to deepen output cuts in early 2024. This announcement comes amid a complex landscape of fluctuating demand, geopolitical tensions, and strategic maneuvers by key oil-producing nations.
  • Investigation Underway into Potential Insider Trading in Israeli Stock Market Prior to Hamas Attacks
    Making money in a clever way - use these tips to improve your budget
    U.S. researchers discovered that investors might have shorted the Israeli stock market to profit from the conflict. Israeli authorities are currently investigating these claims.
  • Gold Prices Surge to Record Highs Before Sharp Decline, Analysts Caution on Volatility
    Gold Prices
    On December 4, during the Asian trading session, international gold prices soared, with gold futures briefly surpassing the historic high of $2,150 per ounce. Spot gold prices also reached new heights, momentarily exceeding $2,100 per ounce.
  • Bitcoin Hits New Peaks Driven by Market Changes and Economic Trends
    BITCOIN
    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
    Venezuela Oil Sanctions
    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
    Gold Prices
    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
    CRYPTO
    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
    OPEC
    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.
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