The Daily Leo #410: Cathie Wood is trialling a new Bitcoin strategy, Javier Milei's sweeping Argentina reform bill
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What is in Javier Milei's sweeping Argentina reform bill?
Argentine President Javier Milei has sent a reform bill to Congress proposing far-reaching changes to the country's tax system, electoral law and public debt management. The push to reshape South America's second-largest economy with an omnibus bill requires approval from lawmakers in both chambers of Congress, where Milei's coalition holds a small...
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S&P 500 sits within fraction of record as stocks set for final day of roaring 2023
he S&P 500 (^GSPC) hovered near an all-time closing high of 4,796.56 for the second straight day. The benchmark average increased just 0.04% on Thursday. Meanwhile the Dow Jones Industrial Average...
Cathie Wood is trialling a new Bitcoin strategy for 2024
One of Cathie Wood’s exchange-traded funds has executed a massive shake-up in its Bitcoin-related holdings as the cryptocurrency rounds out a blockbuster year. The ARK Next Generation Internet ETF sold all of its remaining 2.25 million shares of the Grayscale Bitcoin Trust on Wednesday, according to data compiled by Bloomberg. The same day...
Bitcoin ETF Approval Tipped to Be 'Sell The News' Event
Bitcoin (BTC) is expected to correct to as low as $32,000 next month following the potential approval of a spot ETF, according to data provider CryptoQuant. In what is being described as a potential "sell the news" event, CryptoQuant said in a note...
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Hive: Helping To Usher In The Age Of Abundance
Hive is going to provide its users with unlimited income opportunities. As written in the past, income capital is likely to decline over the next decade as the technologies advance. The problem with automation is it tends to come at the expense of jobs. Also, the financial benefit...
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It'll definitely be very interesting to see what happens in Argentina...