🇨🇳 China is raising the retirement age for the first time since 1978:
- Men: from 60 to 63
- Women (white-collar): from 55 to 58
- Women (blue-collar): from 50 to 55
A significant change as the country adjusts to its aging population and economic demands.
#China #Retirement #Economy #AgingPopulation #Policy
🥇 Reddit founder believes that assets like #Bitcoin present "an opportunity for us to have a store of value that is not backed by a single country." 🌍
#Bitcoin #Crypto #StoreOfValue #Blockchain #Finance
🗞 Coinbase's #cbBTC reaches the $100 million milestone 💰
cbBTC, also known as wrapped Bitcoin, has surpassed $100 million in total market cap. This includes 730 cbBTC valued at $44 million on Base, and 940 cbBTC equivalent to $56 million on ETH.
🗞 Ric Edelman, founder of a $270 billion asset manager, predicts "Bitcoin will hit $420,000" by 2030 🚀
#Bitcoin #Crypto #Coinbase #cbBTC #BTC #CryptoPredictions #ETH
🗞 USDC issuer Circle announces headquarters move to 1 World Trade Center in New York
Stablecoin issuer Circle is relocating its global headquarters to New York City ahead of its planned IPO. Jeremy Allaire, co-founder and CEO of Circle, announced the move in a September 13 post on X.
#Circle #USDC #Stablecoin #IPO #NewYork #Finance #Crypto
🇺🇸 Congressman Torres offers to assist the CFTC in regulating election betting contracts in the U.S.
The crypto-friendly Democrat argued that instead of outright bans, U.S. regulators should focus on regulating these contracts to prevent bad actors from gaining market share.
#CFTC #ElectionBetting #Regulation #Cryptocurrency #USPolitics #Torres
🗞 Kraken challenges SEC's authority, demands jury trial in cryptoasset dispute
Kraken has requested a jury trial in response to the U.S. SEC's lawsuit, according to a court filing on September 12. This move follows a federal judge's rejection of Kraken's motion to dismiss the case, which centers on allegations that the platform operated an unregistered securities exchange. In its filing, Kraken denied any illegal activity and criticized the SEC's approach to the cryptocurrency industry.
#Kraken #SEC #Crypto #Lawsuit #CryptoAssets #JuryTrial #Regulation
🗞 Stock markets are likely to remain sideways until U.S. employment data shows clear signs of weakening or strengthening, according to strategists from Bank of America Corp. 📊
#StockMarket #BankOfAmerica #EmploymentData #MarketStrategy #Finance #USJobs
💡 Curiosity: Warren Buffett has been a net seller of stocks, offloading up to $132 billion since October 2022. 📉💼
#WarrenBuffett #StockMarket #Investments #Finance #BerkshireHathaway #MarketTrends
MicroStrategy has added 18,300 BTC to its assets for approximately $1.11 billion, at an average price of $60,408 per Bitcoin. The company achieved a BTC return of 4.4% quarter-to-date (QTD) and 17.0% year-to-date (YTD). As of September 12, 2024, MicroStrategy held a total of 244,800 BTC, acquired for approximately $9.45 billion, at an average price of $38,585 per Bitcoin. 💰📈
#MicroStrategy #Bitcoin #BTC #Crypto #Investments #Finance
🚨🚨🚨 #Binance 💰 has detected the presence of Clipper malware, which alters withdrawal addresses during transactions.
The malware primarily targets Android and web platforms, but Binance warns that even iOS users aren't completely safe. Many victims unknowingly install these malicious apps or browser extensions, putting their funds at risk.
Stay vigilant and double-check your withdrawal addresses!
#Crypto #Binance #Security #ClipperMalware #CyberSecurity #Android #iOS #CryptoSafety
The average quarterly return for Q4 in #Bitcoin halving years (2012, 2016, and 2020) is an impressive ~108%! 🚀
With Q4 2024 starting in just 17 days, the excitement is building. LFG! 🔥
#Bitcoin #Crypto #Halving #Q4Returns #BTC #BullRun
🛢 International oil prices end the day with losses
Oil prices initially rose by more than 1% during the session but turned negative in the afternoon as concerns over Hurricane Francine's impact in the Gulf of Mexico eased. A weaker dollar had been contributing to a rise in prices, but updated reports from the Gulf alleviated investor concerns.
🔻 WTI: -0.46%, at $68.65
🔻 Brent: -0.50%, at $71.61
📊 Market Closing
🇧🇷 Ibovespa: 134,881.95 (+0.64%)
🇺🇸 S&P 500: 5,626.02 (+0.54%)
🇺🇸 Nasdaq: 17,683.98 (+0.65%)
🇺🇸 Dow Jones: 41,393.85 (+0.72%)
#OilPrices #WTI #Brent #MarketUpdate #HurricaneFrancine #GulfOfMexico #Ibovespa #S&P500 #Nasdaq #DowJones
🔥 JP Morgan, Citi, and Goldman Sachs are predicting that the Federal Reserve will announce an easing of 25-50 basis points in the upcoming decision next week.
#FederalReserve #JPMorgan #Citi #GoldmanSachs #InterestRates #Economy #FinanceNews
🇨🇦 Canada PM Trudeau has expressed full support for Ukraine 🇺🇦 in its use of long-range weaponry during the conflict with Russia, emphasizing Canada's commitment to Ukraine's defense efforts and sovereignty.
#Canada #Ukraine #Russia #Geopolitics #Trudeau #Conflict #LongRangeWeapons
⚡️ Nvidia $NVDA has received U.S. approval to sell its advanced AI chips to G42, the key player in the UAE's 🇦🇪 ambition to become a global leader in artificial intelligence, according to Semafor.
#Nvidia #AI #UAE #TechNews #G42 #ArtificialIntelligence #Semafor
🇺🇸 North Carolina has officially passed a law banning the use of Central Bank Digital Currencies (CBDCs) ❌ within its borders, as reported by Coin Telegraph.
#CBDC #NorthCarolina #CryptoNews #Blockchain #Regulation
🚨 JUST IN: MicroStrategy has acquired 18,300 Bitcoins for approximately $1.11 billion in cash. This continues the company's aggressive strategy to accumulate Bitcoin as a long-term store of value, reinforcing its belief in the cryptocurrency's future potential. 🥇💰
#Bitcoin #MicroStrategy #Crypto #BTC #Finance #Investments
📊 Gold has just hit another all-time high, even though key market indicators are pointing in the opposite direction:
- Markets pricing-out a 50 basis point rate cut - Investors are expecting less monetary easing.
- Markets dismissing geopolitical risk concerns - The fear of major geopolitical events seems to be subsiding.
- Market volatility hitting monthly lows - Less uncertainty usually dampens gold prices.
- Inflation data exceeding expectations - Higher inflation generally supports gold as a hedge, but it hasn’t caused a broader market reaction.
- Recession fears for 2024 being priced out - Economic stability is expected, which normally reduces the appeal of safe-haven assets like gold.
Despite these factors, gold is trading as if we are in a major crisis, suggesting that some investors see underlying risks that the broader market is overlooking.
#Gold #MarketTrends #Inflation #SafeHaven #Investing #Crisis
🚨🚨🚨 Pro-Russian 🇷🇺 hackers reportedly took down the Taiwan 🇹🇼 Stock Market website on Thursday. According to local media, this attack was part of a larger DDoS (Distributed Denial of Service) assault on the Taiwanese government, allegedly conducted by a pro-Russian hacker group in retaliation for comments made by Taiwanese President William Lai.
#Taiwan #Russia #CyberAttack #DDoS #StockMarket #Hacker #Geopolitics
📱🚀 STARLINK — United Airlines has unveiled plans to equip over 1,000 of its aircraft with SpaceX's Starlink internet, boosting in-flight WiFi speeds by up to 100 times. This upgrade promises a significantly faster and more reliable internet experience for passengers, and the best part? The service will be provided for free to all passengers onboard.
#Starlink #SpaceX #UnitedAirlines #InFlightWiFi #TechNews #Aviation