
The Podcasts ⇒
Louis Velazquez is a dynamic force at the crossroads of technology, finance, and media. As the founder of MegaHoot Technologies and a financial industry veteran, Velazquez has built a reputation for identifying disruptive trends and turning them into profitable ventures. His diverse career spans from his early days as a competitive athlete to becoming a pioneering tech innovator and influential radio show host.
What are the main events for today?
We have another light day on the agenda as we just get a couple of low tier indicators. The most notable economic release of the
South Korea moves to legalize stablecoins with new crypto bill
South Korea’s ruling party under new president Lee Jae-myung is pushing legislation to allow local stablecoin issuance and boost crypto market growth.
Crypto social media sees rising interest in AI taking jobs: Santiment
Other narratives of interest on social media included the accumulation of crypto by whales like millionaire crypto trader James Wynn, Solana, Loud Token and various
Traders now see the next rate cut for the BoE in September vs November before jobs data
The UK rate futures now price in 46 bps of easing for the BoE in 2025 vs 39 bps before the labour market report. The
Société Générale launches US dollar stablecoin on Ethereum and Solana
Société Générale-Forge launches USDCV stablecoin on Ethereum and Solana, with BNY as custodian and global rollout aimed at trading and settlement.
A light one on the data docket in Europe today
The dollar is keeping steadier today, holding little changed as we look towards European trading. That follows from a bit of softness yesterday, eating into
Crypto scammers plead guilty to $37M scheme targeting Americans
Five members of an international crypto scam ring are accused of stealing nearly $37 million from American victims and sending the funds to Cambodia.
US futures pare early advance ahead of European morning trade
I’m trying to scour for headlines leading to the drop here but I’m not seeing much of anything. The only one that roughly fits the
Canary Capital spins up Delaware trust for staked Injective ETF
Fund manager Canary Capital has taken a typical first step for an ETF, creating a Delaware trust for a fund that would stake the Injective
Eurostoxx futures -0.1% in early European trading
German DAX futures flat UK FTSE futures +0.1% The broader market mood will be eyeing the details and outcome of US-China talks in London later
UK April ILO unemployment rate 4.6% vs 4.6% expected
Prior 4.5% Employment change 89k vs 50k expected Prior 112k Average weekly earnings +5.3% vs +5.5% 3m/y expected Prior +5.5%; revised to +5.6% Average weekly
BlackRock’s Bitcoin fund blows past $70B in record pace for ETFs
BlackRock’s Bitcoin ETF milestone came shortly after the fund wrapped up a massive 31-day inflow streak.
Elon Musk’s Tesla Officially Named AV Operator In Austin Ahead Of Robotaxi Launch
Tesla’s Robotaxi launch in Austin on June 12 gets a boost as the city officially names Elon Musk’s company an autonomous vehicle operator. read more
Charlie Munger’s Warning On Liquor, Ladies And Leverage ‘So True,’ Says Chamath Palihapitiya: ‘It Almost Broke Me’
Venture capitalist Chamath Palihapitiya nearly broke himself during the pandemic bull run due to overleveraging, echoing Charlie Munger’s warning. read more
Economist Peter Schiff Criticizes Trump’s $1,000 Baby Account Proposal: Calls It ‘Unconstitutional’ And ‘A Bad Idea’ That Will Only Saddle Them With More Debt
Economist Peter Schiff is criticizing the Trump administration’s latest proposal for the federal government to give newborns $1,000. read more
Top Wall Street Forecasters Revamp Core & Main Expectations Ahead Of Q1 Earnings
Latest Ratings for CNM DateFirmActionFromTo Feb 2022B of A SecuritiesDowngradesNeutralUnderperform Jan 2022RBC CapitalUpgradesSector PerformOutperform Dec 2021BarclaysMaintainsEqual-Weight View More Analyst Ratings for CNM View the Latest