Category: Reddit Post

Exit polls in France

LE PEN’S GROUP SET FOR 110-158 SEATS IN FRENCH VOTE: ESTIMATES LEFT ALLIANCE SET FOR 170-215 SEATS IN FRENCH VOTE: ESTIMATES MACRON’S GROUP SET FOR 150-182 SEATS IN FRENCH VOTE: ESTIMATES submitted by /u/XGramatik [link] [comments]

Why is a bull market coming soon?

The average total amount of funds for the 10 largest USDT transactions withdrawn from exchanges has been showing a noticeable trend since 2023. After the spring surge ($800 thousand) and June surge ($450 thousand), there has been a series of outflows down to around ($100 thousand), which indicates a decrease in the pressure of large-scale sales on the exchange. In other words, investors are now more inclined to hold on to their assets rather than withdraw them from the market. In addition to the adoption of BTC ETFs, we are also expecting ETH ETFs and SOL ETFs. To this can be added more large investments in the cryptocurrency industry + a decline in sales. So, I want to ask you a question. How do you plan to make money in the market that will soon start growing? https://preview.redd.it/q81zb4fop2bd1.png?width=1246&format=png&auto=webp&s=1a8f97b9ef7ffa48cf279123d42bd9179412a688 submitted by /u/dll_crypto [link] [comments]

Most Talkable Assets Of The Week

🚀 TSLA – The Tesla bulls ride again 📈 S&P 500 closes > 5,500 for the first time ever. Nasdaq 100 closes > 20,000 for the first time ever. Still stocks are not starting to look overvalued. 📉 COIN, MSTR, HOOD – Cryptocurrency-related stocks are dropping as Bitcoin’s price continues to fall 🗡XAUUSD (GOLD), XAGUSD (SILVER), XPDUSD (PALLADIUM) – Metals are increasingly seen by investors as a reliable hedge Quote of the week: ‘Because by the time you read about it in The Wall Street Journal, it’s already too late.’ – movie ‘The Wolf of Wall Street’ Is there anything missing? Anyway, have a great weekend everybody. submitted by /u/FXgram_ [link] [comments]

Justin Sun Offers To Buy Germany’s Remaining $2.3B in Bitcoin to Stabilize Market

Justin Sun, the founder of Tron, has made an offer to buy the remaining $2.3 billion worth of Bitcoin seized by the German government. This proposal comes after Germany has been actively transferring large amounts of Bitcoin to exchanges, leading to significant market reactions and a notable drop in Bitcoin’s price, which currently stands at $56,892.53, down 5% from yesterday and 7% over the past week. Sun expressed his willingness to negotiate privately with the German government to purchase the Bitcoin off-market. His cryptocurrency wallet, holding approximately $1 billion, has been identified by blockchain analytics firm Arkham Intelligence. Arkham Intelligence also revealed that one of the wallets associated with the German BKA has already sold around $300 million in Bitcoin. These transactions included transfers of $94 million to Coinbase, $84 million to Kraken, and $91 million to Bitstamp. Additionally, $44 million was sent to Flow Traders, a market maker based in Amsterdam. Sun’s proposal aims to minimize the impact of these large Bitcoin transfers on the market, which have caused considerable volatility recently. submitted by /u/Lor1al [link] [comments]

How Good American Adults Were In Saving in 2023

The amount each generation saves can vary based on the current economic climate, cultural attitudes toward saving, and individual financial circumstances. Here’s a breakdown of how much each generation saved last year, according to a study by New York Life: https://www.newyorklife.com/newsroom/2024/new-york-life-wealth-watch-2024-outlook Millennials (1981-1996): Leading the pack with an average of $9,299 saved in 2023. Generation Z (1997-2012): Following closely with over $6,000 saved. Generation X (1965-1980): Coming in third with an average of $5,132 saved. Baby Boomers (1946-1964): Bringing up the rear with just over $4,000 saved. While these averages don’t reflect every individual’s experience, there’s a noticeable trend: Savings tend to grow more slowly in a person’s earlier years as they adjust to adult life and start their careers. One of the biggest obstacles younger generations face is time. With less time in the workforce and less time to pay down debt, it’s harder to build up significant savings. The rising cost of living and education further complicates saving efforts for younger people. Many Gen Zers are still in college or haven’t attended yet. Older members of Gen Z and Millennials make up the largest share of federal student loan borrowers, according to recent figures from the Fed. Those actively paying down student loan debt may struggle to save significantly due to these competing financial obligations. As people move into their higher-earning years, the potential to save more increases. However, credit card debt, which has recently reached a record high of $1.115 trillion cumulatively, remains a significant barrier to saving. It’s a challenging landscape, dictated by the country of living first all. Without disclosure of any personal information about age or the country of living here, did you find yourself in a proper place of this breakdown? Just put ‘Yes’ or ‘No’ in comments. submitted by /u/FXgram_ [link] [comments]

Golden Opportunity? Experts Forecast Major Price Hike to $3,000 per Ounce

According to analysts at Bank of America, the price of gold could reach $3,000 per troy ounce within the next 12-18 months, writes CNBC. This could happen if interest rates in the US decrease and demand from large institutional investors increases. Since the beginning of 2024, the precious metal has risen in price by more than 10%. According to a survey by the World Gold Council, nearly 30% of central banks in various countries that participated in the study plan to increase their gold reserves over the next 12 months. Bank of America noted that this is the highest figure since monitoring began in 2018. Analysts believe that such demand for precious metals from central banks is a positive sign for gold exchange prices. On April 12, the price of gold surpassed $2,400 per ounce for the first time in history. At that time, analysts indicated that the price increase was related to a rise in the geopolitical risk premium due to conflicts in the Middle East, Eastern Europe, and other hotspots. In the same month, Ed Yardeni, head of the consulting agency Yardeni Research, stated that he expects a double-digit increase in gold prices due to a possible new wave of inflation in the US. Yardeni forecasts that gold prices could rise to $3,500 by the end of next year. Ed Yardeni is not the only expert expecting a significant rise in gold prices in the coming years. Economist and head of Rosenberg Research, David Rosenberg, also predicted that gold prices could reach $3,000 per ounce due to the expected reduction in Federal Reserve rates and increasing geopolitical risks. How To Trade Gold – read here submitted by /u/FXgram_ [link] [comments]