Record-Breaking Bitcoin ETF Outflows: A Significant Shift in Investor Behavior The cryptocurrency market experienced a turbulent week in late February, with Bitcoin’s price plummeting below the $90,000 mark. This downturn led to an unprecedented event in the Bitcoin Exchange-Traded Fund (ETF) market: a daily outflow of $937.9 million on February 25, 2022. What Happened to…
Eaton Vance Senior Floating-Rate Trust: Is It Time to Sell? Is EFR Overpriced? Currently, Eaton Vance Senior Floating-Rate Trust (EFR) is trading at a premium to its net asset value (NAV), a situation that has only occurred three times in the past decade. This means that investors are paying more for EFR shares than the…
Cryptocurrency Market: A Billion-Dollar Exodus from Ethereum, Solana, Toncoin, and Bitcoin In a recent turn of events, the cryptocurrency market has seen a significant outflow of funds, with Ethereum, Solana, Toncoin, and Bitcoin leading the charge. According to data from various sources, these digital currencies collectively experienced a massive withdrawal of over $5.3 billion. A…
PEDEVCO Corp. to Participate in the 37th Annual ROTH Conference PEDEVCO Corp. (NYSE American: PED), an independent oil and gas exploration and production company, has recently announced its participation in the 37th Annual ROTH Conference. This esteemed event is set to take place at the picturesque Laguna Cliffs Marriott Resort & Spa in Dana Point,…
Bonds Shine Amidst Market Volatility: A Safe Haven for Investors In the ever-evolving world of finance, market volatility and economic uncertainty can often leave investors feeling uneasy. Recently, tariff threats and weakness in consumer spending have caused a ripple effect throughout the financial markets. As a result, investors have been pulling back from equities and…
President Trump’s Efforts to Lower Oil Prices: Challenges and Opportunities President Trump has made it clear that he wants to see lower oil prices. With the global economy showing signs of recovery from the COVID-19 pandemic, the administration is looking for ways to boost supply and put downward pressure on prices. However, domestic oil production…
XRP’s Surprising 19.5% Surge: A Personal and Quirky Take Hey there, tech-savvy friend! I bet you’ve heard the buzz around XRP (XRP) recently. This cryptocurrency has been on a rollercoaster ride, climbing up a whopping 19.5% in just 24 hours! And you know what’s even more intriguing? The native asset of the Ripple network was…
Welcome to My Market Musings! Rise and Shine, Fellow Market Enthusiasts! Today, we’re taking a closer look at what’s in store for us in the U.S. and global markets. Dive in with me, Mike Dolan, your friendly neighborhood market guru, as we navigate the twists and turns of the financial world. Morning Brew As we…
