This company, GameStop, has in part chosen to park some of their corporate cash reserves into Bitcoin. This decision is made all the more surprising given the company recently announced a staggering net income of $131.3 million for their fourth quarter. The board’s vote of unanimous confidence authorized the entire...
The Conference Board’s measure of consumer expectations for the future—which is especially important right now—took a 19-point plunge. This sudden decline led to widespread fears of an impending recession. The measure, a critical driver of the Consumer Confidence Index, sunk 9.6 points to an all-time low of 65.2. This is...
The world’s financial landscape is an intricate tapestry of interwoven economies. Under these conditions, success or failure in one market can have a massive impact on all of them. Recent trends show that this dynamic is turning on its head, with greater investment flows going into non-U.S. stocks. In this...
Global stock markets were showing a mixed picture today while investors weighed the economic recovery. Though some indices gained ground, many dipped as well, indicating continuing tumult in the market. The S&P/ASX 200 closed the day flat at 7,942.50, a sign of a positive session for the Australian index. In...
Bitcoin continued its bullish momentum late on Sunday March 23rd. This robust movement earned it its strongest weekly performance in more than two months. The rally pushed Bitcoin up 4.24% to an intra-day high at $88,804, providing a weekly close above $84,600. This has boosted the chances of BTC potentially...
Binance Coin (BNB) is very close to one of its more important support levels right now. Today, analysts are looking out for the 20-day Exponential Moving Average (EMA), which is at $613. This price level acts as a major psychological barrier that may define the short-term direction of BNB’s price...
Ripple’s native cryptocurrency, XRP, has been on the rise lately. This increase follows closely on the heels of exciting regulatory news and positive signals from the market. In this informative article from Over Traders Dot Com, we’ll take a look at the reasons fueling this explosion. We’ll touch on how...
Accenture — a global professional services company — recently sounded the alarm. This agenda alert sent shivers of concern throughout the financial industry. The company cited that cost-cutting measures, spearheaded by Elon Musk's Department of Government Efficiency (DOGE), are expected to negatively impact its bottom line due to the cancellation...
OverTraders.com delves into the exciting developments of the cryptocurrency market. Here’s our take on what’s fueling Bitcoin’s current price rally. It’s been a crazy and exciting trip, and knowing the forces behind the scenes can better prepare traders & investors to capitalize on the market. So, let's dive into the...
FedEx shares took a huge hit, sinking over 8% after the parcel delivery behemoth cut its full-year guidance. The company pinned this change on “persistent weakness and uncertainty” in the U.S. industrial economy. The announcement caused shockwaves in the market, sending the entire market tumbling as investor mood turned sour....
OverTraders.com just published a great in-depth Ethereum PoS vs Other Major Crypto PoS Models article. This side-by-side rundown helps shed light on the merits and demerits of each in different situations, providing critical information for traders and investors alike. Understanding Bitcoin and Ethereum To understand the nuances between different consensus...
Summary This piece dives deep into the startling effects of economic uncertainty on both mental health and consumer activity. This animated short dives into the psychological impact of recessions. Together, low consumer confidence and a fear of living in isolation can further increase stress, anxiety, and depression. By examining various...
At the same time, the United States has increased its reliance on sanctions as a tool of foreign policy. Now, it focuses on individuals, countries and entities across the globe. These measures are put in place by the Office of Foreign Assets Control (OFAC). Their purpose is to shape behavior...
Obesity is the biggest threat to public health in the world, impacting nearly 650 million people worldwide. Yet it doesn’t stop there — the burden of transportation inequities weighs heavily on mental and emotional health. Real people are dealing with unfortunate obstacles while attempting to lose weight. As a result,...
Now, the U.S. government has moved to deploy a sweeping set of export controls designed to keep China from acquiring next generation chip technology. These actions have significant repercussive effects on technology markets around the world and U.S. foreign relations. OverTraders.com takes an in-depth look at these complex restrictions to...
Meanwhile on Ethereum, the second largest blockchain behind Bitcoin has successfully merged to a Proof of Stake (PoS) consensus mechanism. This event — dubbed “The Merge” — was widely viewed as the biggest transition in crypto history. This transformation has enabled greater energy efficiency and scalability, as well as a...
Whether a recession is indeed around the corner remains a hotly contested subject among financial wizards. OverTraders.com analyzes the perspectives of two key groups: Chief Financial Officers (CFOs) and economists. Knowing their perspectives and the information they base their decisions on is essential for investors trying to navigate an uncertain...
On March 25, IMX, the token associated with crypto gaming platform Immutable, jumped more than 15%. It got as high as almost $0.74 at the peak of this spectacular run. All this growth came just a week or two after Immutable’s announcement that the SEC had finished its inquiry and...