Small investors are betting that bitcoin’s price will rise, while hedge funds and other large traders are betting it will fall. And if the recent past is any indication, bitcoin is about to surge as yet another short squeeze develops...
"Three Ukrainian oligarchs traded part of around $1.5bn in illicit assets traced to cronies of former Ukrainian President Viktor Yanukovich, an exclusive investigation by Al Jazeera revealed... shining light on the ever shifting battle between the oligarchs and global financial regulators."
In a move that will certainly not end well for investors, the New York Stock Exchange has asked the SEC to approve five ETFs including 2x leveraged and inverse flavors, linked to Bitcoin futures.
The SEC has launched an investigation into the real-estate company run by White House senior adviser (and Trump's son-in-law) Jared Kushner for its use of the "green cards for money" Federal visa program.
"The company’s actions were methodical. They trained their new employees on how to do this,” Ferguson said. “We’re going to find out who at Motel 6 knew what, and when they knew it.”
The new year's ramp to new record highs in stock markets around the world continued for a fourth day on Friday when U.S. equity index futures, European and Asian shares all rose, as did the dollar while oil dropped ahead of the US payrolls report.
"Amidst all of the bullish talk about cryptocurrencies we know that a strike back from the banking system and its owners is coming. In fact, the attack as I see it is well underway..."
The Northeast and West coast generally have higher average amounts and will feel most of the pain. Meanwhile, the West and South have lower average amounts and so those housing markets will be less impacted.
Global commodities have not had a single down-day since The Fed hiked rates in December - this 14-day run is the longest win streak in history. There's just one thing...
After a year when the Dow Industrial ETF posted some of the best volatility-adjusted returns, Goldman finds that the options market is now pricing in higher volatility in the fund as well as in junk bonds, the S&P 500, consumer and tech stocks.
Another day, another record high in markets around the globe as stocks - contrary to what Jeremy Grantham expects - have already entered the blow-off top mania phase. U.S. equity index futures rise, following a jump in European and Asian shares, while the Nikkei exploded higher
China inked deals worth tens of billions with Iran from the moment sanctions were lifted, and now Beijing has ordered domestic news coverage of Iran protests to cease.
The "huge story", as Graticule's Adam Levinson called it, will, it appears, be a "wake up call" for the West that seems to happily be ignoring this potential bombshell that is China's looming launch of domestic oil futures trading.