With bitcoin BTC$61,884.29 and the broader crypto market showing signs of life, defensive positioning in the market has eased, not disappeared, a sign of continued caution. This is evident from the BTC and ether (ETH) options markets listed on Deribit, where put options, derivative contracts offering protection against price slides,…
Down 75% and yielding 3.7%, should I buy Nike stock for a second income?
Image source: Getty Images Nike (NYSE:NKE) hasn’t traditionally been a stock that offers a decent second income. In the past, this was more of a growth-oriented company that carried a modest dividend yield (often around 1%). But after crashing by a staggering 75% inside five years, the yield today has…
UK June composite PMI misses expectations, remains in contraction at 49.3
UK June composite PMI misses expectations, remains in contraction at 49.3 Source link
Tokenization could make finance faster but also more prone to sudden shocks, IMF warns
There are other advantages too. Tokenization enables different forms of digital money, such as tokenized bank deposits, fiat-pegged stablecoins, and tokenized central bank reserves to function seamlessly as settlement assets on the same ledger. It also allows high-quality assets to be quickly deployed across platforms as collateral. But all this…
How much would a £20k Stocks and Shares ISA started a year ago be worth today?
Image source: Getty Images The question of whether or not to take advantage of the Stocks and Shares ISA allowance (and if so how) is one many investors grapple with each year. Right now, we are many months away from the next annual contribution deadline (April 2027), so it feels…
Should I buy SK Hynix stock for my ISA when it lands on the Nasdaq on 10 July?
Image source: Getty Images South Korean memory chip powerhouse SK Hynix (NASDAQ: SKHY) is about to list on the Nasdaq. On 10 July, it will launch American Depositary Receipts (ADRs) on the US exchange. Should I buy the stock for my ISA? Or are there better opportunities out there? Should…
More bitcoin is now held at a loss than at a profit
Roughly 10.83 million BTC are currently held at a loss, meaning their holders paid more than today’s price, against 9.22 million still in profit, according to Glassnode data. It is the first time loss-making supply has overtaken profitable supply since the current cycle began and reflects how deep the correction…
Asian stocks surge on tech rebound and upgraded service PMIs
Asian stocks surge on tech rebound and upgraded service PMIs Source link
Binance pushes back on reports that EU regulators tried to block it
The HCMC did not immediately respond to a CoinDesk request for comment regarding Binance’s MiCA licensing process. “As the person who led the license application, there’s nothing that I have been made aware of that there was any issue with the application,” Lynch added. “In fact, I was told the…
Finally. $221 million flow into Bitcoin ETFs, ending a painful 10-day outflow streak
The U.S.-listed bitcoin BTC$61,701.80 ETFs pulled in $221.7 million on Thursday, their largest inflow in two months, according to SoSoValue. Fidelity’s FBTC led the charge with a hefty $165.96 million inflow, followed by ARKB at $91.84 million and HODL at $4.35 million. BlackRock’s IBIT, the world’s largest Bitcoin ETF, was…