In the latest from @Forbes, Wade Guenther discusses the profitability of bitcoin mining and differentiates between individual mining and collaborative mining pools. #bitcoin $BTC Read more: https://t.co/InbxqMDMlm
“Bitcoin has been resilient to the U.S. Fed interest rate hikes, likely because bitcoin is controlled by the rules built in the blockchain protocol, not by any country’s central bank policy.” - Wade Guenther on the recent state of bitcoin and crypto.
https://t.co/7d72q1SpqL
“A spot bitcoin ETF will not happen in 2023.” The latest from @KitcoNewsNOW of Will Cai’s analysis of the state of #bitcoin#ETF applications. $BTC https://t.co/vmZkcoU5s4
Spot bitcoin ETF filings have been back in the news recently. Will Cai speaks to @jesserpound at @CNBC regarding timing – “likely 1 ½ years away in the best case scenario.” https://t.co/s1mqS8WOMP
Neurology has been expected to see one of the highest spending totals among all therapeutics with the global neuroscience market potentially growing to $721bn by 2026, from $612bn in 2022. Neuroscience drugs represented 11% of the global late stage pipeline in 2022, with Alzheimer’s being the most active field of research.
Big name technology stocks have been leading the S&P 500® in 2023 as returns of three of the top four holdings: $AAPL +47%, $MSFT +40%, $NVDA +200% have been significant YTD. This sector may be benefiting from continued product demand in a higher inflationary environment. $SPY #stockmarket
The Stable of Stablecoins by Wade Guenther and Will Cai https://t.co/EdvkkoX2C6
Wade Guenther on The Invezz Podcast https://t.co/SuA1eZM0Vf
Follow Wade on Twitter @wadeguenther
“Bitcoin essentially drives the miners’ bus.” Wade Guenther discusses how the performance of $BTC miners follows that of the cryptocurrency, a trend we have seen historically with gold and gold miners. Listen for more from @wadeguenther and @InvezzPortal
https://t.co/MttOKYpyJw
These appear to be signs that the economy may be slowing down. Higher interest rates appear to be showing up in the deficit, as expected. #economy#rates#deficit#trade
The U.S. monthly international trade deficit increased from $60.6 billion in March to $74.6 billion in April ($76.0bn expected) with exports falling -3.6% MoM and imports increasing 1.5% MoM. Additionally, China��s exports fell -7.5% YoY in May, with the lack of U.S. demand (-15.1% YoY in May) representing the main drag. #trade #economy
Patagonia was considered to be the company with the best reputation in the U.S. according to the 2023 Axios Harris poll. These results may show the importance of competent branding, as consumers didn’t seem to favor specific sectors. Tech firms like Meta and Twitter ranked very low, but Samsung and Apple maintained a good standing in the eyes of consumers. $META $APPL #tech #twitter
There were over 1 billion bitcoin wallet addresses registered as of May 2023. Additionally, the number of bitcoin wallets with one whole bitcoin or more has grown to over 1 million, with more than 200,000 wallets added within the last 18 months. Investors who took advantage of the bitcoin market crash in 2022 have been seeing some benefits of the rebound in 2023. #bitcoin #cryptocurrency $BTC
Take a look at our original commentary! From stablecoin analysis to evaluation of monetary policy, the Wilshire Phoenix team keeps you informed with important discussion topics including digital assets and overall markets.
https://t.co/9xULP1XR1T
Wade Guenther and Will Cai go in-depth on stablecoins, evaluating their place in the crypto ecosystem. Read more for analysis of asset-backed and algorithmic stablecoins, as well as risks associated with the coins. #crypto#stablecoins $USDT $USDC $BUSD
https://t.co/EdvkkoX2C6