In a major shift within the financial industry, Fidelity Investments recommends adding crypto to traditional portfolios The Evolution of Portfolio Management In a move that has sent shockwaves through the financial industry, Fidelity Investments, with its massive $12.6 trillion in assets under administration, has proposed a significant change to the traditional 60/40 portfolio model. The…
BlackRock’s IBIT leads with record $520 million inflow, 3rd best day since launch The Bitcoin ETFs Experience Surging Inflows The Bitcoin ETFs are experiencing an impressive surge, with BitMEX data revealing the third-largest day of net inflows. The total net inflows hit around $577 million, which is the equivalent of roughly 10,168 BTC. Following the…
Hi Traders! Litecoin Short Term Forecast and Technical Analysis Introduction Welcome to our latest analysis of Litecoin’s short term forecast and technical analysis. In this article, we will be focusing on our analysis conducted on the MetaTrader4 platform (MT4) and sharing some valuable tips and hacks related to trading on this platform. If you are…
Welcome to the world of Fintech Marvels! Don’t Miss Out on the Klarna IPO Buzz! What’s the Scoop? Did you hear the latest gossip swirling around the fintech universe? The Swedish fintech giant Klarna is reportedly in talks with investment banks for a whopping United States initial public offering (IPO) at a jaw-dropping valuation of…
Tikehau Capital and UOB-Kay Hian Join Forces to Launch Asia Pacific Credit Strategy Tikehau Capital and UOB-Kay Hian Tikehau Capital and UOB-Kay Hian are set to work together to introduce an Asia Pacific Credit strategy that will target Asia’s rapidly growing private credit market. This significant partnership aligns with Tikehau Capital’s strategic goal of expanding…
The unnamed “ASIC-regulated broker” MyFlashFunding partnered with is FinesseFX, Finance Magnates has learned. Traders active on the prop trading firm’s Discord server have confirmed that it is now offering them the option them to migrate to its MetaTrader 5 trading platform. An ASIC-Regulated Broker FinesseFX is headquartered in Melbourne and is regulated by the Australian…
Pepe Coin Surges by Nearly 140% in Weekly Timescale The Rise of Pepe Coin Pepe Coin, the meme-inspired cryptocurrency, just doesn’t run out of surprises, skyrocketing by nearly 140% in the weekly timescale. This remarkable comeback has not only caught the attention of cryptocurrency enthusiasts but has also ignited renewed interest in meme coins as…
Barclays Raises S&P 500 Target What Does This Mean for Investors? Barclays has recently increased its year-end 2024 target for the S&P 500 to 5,300, up from 4,800 previously. This optimistic projection reflects the bank’s confidence in the strength of the US economy and the potential for continued growth in the stock market. One of…
