Bitcoin and the European Central Bank: A Quirky Tale In a Nutshell In no uncertain terms, European Central Bank President Christine Lagarde has decreed that Bitcoin will never find its way into the vaults of an EU central bank. In a recent statement, Lagarde pointed out that Bitcoin does not possess the defining characteristics of…
The Disney Streaming Saga: A Comedy of Errors The Disney Plus Debacle So Disney, which has had an atrocious history in streaming, Disney Plus was started in 2019, lost billions of dollars. This statement perfectly encapsulates Disney’s rocky journey into the world of streaming services. Despite its strong brand presence and beloved content library, Disney…
Euro Area Trade Situation: A Closer Look Prior €23.0 billion; revised to €18.5 billion Here are some details which might give a better picture of the euro area trade situation, relative to last year when energy prices were much higher: Jan – Jul 2023 exports €1,663.0 billion (+2.3% vs Jan – Jul 2022) The latest…
Capri Holdings Limited Investor Alert: Loss on Investment? What Happened? If you suffered a loss on your Capri Holdings Limited (NYSE:CPRI) investment, you may have legal options. A potential recovery under the federal securities laws could be available to you. Here’s what you need to know: Legal Action If you want to learn more about…
Regeneron Pharmaceuticals Faces Class Action Lawsuit New York, Jan. 28, 2025 /PRNewswire/ Pomerantz LLP has announced that a class action lawsuit has been filed against Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN). Investors who have purchased or acquired Regeneron securities between the dates of March 18, 2022 and December 21, 2024 may be eligible to participate in…
Chainlink (LINK) Witnessing Surge in Whale Activity A recent noteworthy transaction in the cryptocurrency market involves Chainlink (LINK). As reported by Whale Alert, approximately 800,000 LINK tokens, equivalent to around $14.7 million, were moved from the Bybit exchange to an undisclosed wallet. This significant transfer has garnered attention from investors and enthusiasts alike. Chainlink, a…
USDJPY Advances After US Inflation Figures Market Testing Downtrend Line Yesterday, USDJPY managed to advance following the release of US Inflation figures. The market tested a downtrend line around 154.80, indicating a potential shift in momentum. Looking at the Intraday chart, it is evident that as long as the market holds below 154.80, there is…
The public vs. Hong Kong’s taxi drivers: A never-ending saga Strained relationships and impending fare increases For decades, the public and Hong Kong’s taxi drivers have been engaged in a tumultuous relationship, filled with frustration, misunderstandings, and occasional moments of unity. However, this already fragile relationship is set to deteriorate even further with the news…
