Trump’s SEC rescinds SAB 121 requirement for crypto accounting
-- The Securities and Exchange Commission, under new leadership chosen by President Donald Trump, announced the withdrawal of a controversial framework that outlined...
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DAL Delta Air Lines Options Ahead of Earnings
If you haven`t bought the dip on DAL: Now analyzing the options chain and the chart patterns of DAL Delta Air Lines prior to the earnings report this week, I would consider purchasing the 60usd strike price Calls with an expiration date of 2025-2-21, for a premium of approximately $3.80. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
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'We Are Going to Mars,' Michael Saylor Says As Bitcoin Regains $106,800
U.Today - Michael Saylor, Bitcoin maximalist and MicroStrategy’s executive chairman, has taken to his account on the social media X platform (widely known as Twitter in the...
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Bitcoin Euphoria Turns to Dump as US Senator's Hint Fails
U.Today - The price of the leading cryptocurrency Bitcoin (BTC) has literally skyrocketed today as the possibility of the Bitcoin Strategic Reserve being announced in the near...
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XRP Community Gets Important Warning on New Threat, BlackRock CEO Suggests Bitcoin Price Might Reach $700,000, Shiba Inu Burns Jump by 5,785%: Crypto News Digest by U.Today
U.Today - Here are the top three news stories over the past day presented to you by U.Today. XRP community gets important warning on new threat: DetailsXRPScan, a popular XRP...
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Bitcoin vs. Fiat: Peter Schiff Weighs In
U.Today - In a recent tweet, renowned economist and gold advocate Peter Schiff made a comparison between Bitcoin and traditional fiat currencies. Schiff, a well-known Bitcoin...
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Former CEO of Binance says US Strategic Bitcoin Reserve 'pretty much confirmed"
-- The prospect of a U.S. Strategic Bitcoin Reserve appears to be gaining traction, with a nod from Senator Cynthia Lummis and endorsement from Binance founder...
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Boba Network Integrates Nucleus to Expand Cross-Chain Functionality and Ecosystem Accessibility
San Francisco, United States, January 22nd, 2025, Chainwire Boba Network has announced the integration of Nucleus, a protocol designed for blockchain networks. This collaboration...
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Retail Bitcoin Investors Get Active, 25,000 BTC Stacked in One Month
U.Today - The past month has seen retail Bitcoin (BTC) investors increasing their activity in the flagship cryptocurrency. Data from Glassnode, an on-chain market intelligence...
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SNAP is range-bound and at support - I'll bite at 10.46
The title kind of said it all here. Since I'm underexposed in this area and everything else that's decent and on sale today is in areas I already have exposure to, I'm taking a quick flip shot here. It's already pulled back 16% from its most recent high, so I like my odds here. Historically, the algo I use for buy signals is 251-4 on SNAP with an average gain on this type of trade being .14% per day held, or about 4x the average daily return of SPY. Earnings are soon and I hate trading near earnings, so this is designed to be a quick in and out trade. Per my usual strategy, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation. Lots currently held: Lot 1: 10.46
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Wyoming Senator Lummis to lead Senate subcommittee on digital assets, seek Bitcoin reserve
-- U.S. Senator Cynthia Lummis from Wyoming has been appointed to chair the Senate Banking Subcommittee on Digital Assets. This announcement signifies her growing...
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Bitwise files for Dogecoin ETF registration in Delaware
-- Bitwise, a cryptocurrency asset manager, has recently submitted an application to the Delaware's Department of State: Division of Corporations, seeking to register...
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Bybit Unveils 2025 Vision: A User-Centric Approach to Crypto Innovation
Dubai, United Arab Emirates, January 23rd, 2025, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has shared its vision for 2025 during...
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Crypto sentiment 'very high', getting close to 'extreme euphoria': Needham
-- Needham & Co. said its proprietary 'Crypto Euphoria Needham Diagram' (CEND) reached its highest levels since its inception, indicating that market sentiment for...
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GE on the Rise: Bullish Momentum in an Ascending Channel!
Current Price: $187.31 Stop Loss: $166 (below key support). TP1: $195 (near-term resistance). TP2: $210 (channel resistance). TP3: $230 (analyst high target). 🚀Why GE is a Bullish Opportunity 1️⃣ Strong Earnings Potential (Jan 23, 2025) Analysts expect: EPS: $1.03 and Revenue: around $9.85 billion, showcasing year-over-year growth. 2️⃣ Aerospace Momentum Projection: GE Aerospace is on track to achieve an operating profit of $6.7 billion to $6.9 billion for 2024, benefiting from robust demand in both commercial and defense sectors. 3️⃣ Bullish Technicals Technical Indicators: GE stock is trading within a strong upward channel. Indicators like Stochastic (potentially showing bullish crossover), RSI (at a balanced level of 51, suggesting room for growth), and MACD (indicative of bullish momentum) support this view. 4️⃣ Analyst Sentiment Consensus Price Target: Analysts have set an average target of $209.78, with some forecasts reaching up to $230, offering an upside potential of 15% to 23% from the current price of $187.31.
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