Author: Anthony M. Orbison

South Asian country Bhutan, a Buddhist kingdom on the Himalayas’ eastern edge, has been revealed as a major Bitcoin holder, owning 13,011 BTC worth around $780.49 million, according to a report by Arkham Intelligence. The public data company identified Bhutan’s Bitcoin addresses, marking the first time this information has been publicly shared.BREAKING: BHUTAN GOVERNMENT’S $750M BTC NOW ON ARKHAMBhutan’s Bitcoin holdings are now labeled on Arkham. These holdings come from Bitcoin mining operations carried out by the Kingdom of Bhutan’s investment arm, Druk Holdings.Arkham is the first to publicly identify these… pic.twitter.com/a8ScUNJJ9F— Arkham (@ArkhamIntel) September 16, 2024 “Bhutan is the 4th largest government…

ECB Interest Rate Decision: What to Expect for the Euro The European Central Bank (ECB) is set to make a highly anticipated interest rate decision on [Date], with markets eagerly awaiting the announcement. The ECB’s policy meeting is expected to bring significant implications for the euro, as well as global financial markets. In this article, we’ll explore what to expect from the ECB’s decision and its potential impact on the currency. Background The ECB has been under intense pressure to address the growing concerns over the eurozone’s economic slowdown. Despite the region’s strong recovery from the 2008 financial crisis, recent…

Financial watchdogs charged a 56-year-old New Yorker with insider trading on Tuesday, alleging the executive knew in advance that Foot Locker’s disappointing earnings would trigger a stock selloff. In total, authorities said the exec made about $113,000—and now he has to pay it back double, according to a pending settlement deal.  Per the Securities and Exchange Commission, Barry Siegel shorted the sneaker and apparel brand’s stock twice, once while he still worked as a senior director of order planning and management, and a second time after Foot Locker terminated him in a round of corporate layoffs. Siegel had worked at…

Ariel Emanuel, the Chief Executive Officer of Endeavor Group Holdings, Inc. (NYSE:EDR), has recently sold a significant portion of his Class A common stock in the company. According to the latest filings, Emanuel sold a total of 427,096 shares at prices ranging from $28.00 to $28.225, with the total transaction value exceeding $4.9 million. The transactions occurred on two separate dates, with the first set of 27,816 shares being sold at an average price of $28.01, and the second set of 149,280 shares going for an average of $28.097. The sales were executed in multiple transactions, indicating a possible strategy…

On the heels of tour stops in Arizona, Nevada and Detroit, the America Loves Crypto tour rolled into Wisconsin on Friday, September 13, where local Bitcoin and crypto voters in the state rallied in support of pro-crypto candidates for the upcoming US elections. At the Red Rock Saloon in Milwaukee, WI, more than 200 people — including founders, politicians and technology enthusiasts — congregated to ask the question: How can we support Bitcoin and crypto on Capitol Hill?The battleground state was split nearly down the middle in the 2020 U.S. Presidential election, with Biden and Trump receiving 1,630,866 and 1,610,184…

The Psychology of Trading: Understanding Your Emotions Trading is a psychological game as much as it is a financial one. The success of a trader is often determined by their ability to manage their emotions and make rational decisions, rather than just relying on luck or intuition. In this article, we’ll delve into the psychology of trading and explore the importance of understanding your emotions in the pursuit of profitable trading. Emotions in Trading Emotions play a significant role in trading, and they can either be a blessing or a curse. On one hand, emotions like excitement, thrill, and anticipation…

Today I’m having a look at Costco and Target; two fellow big box retailers. Shares of retail powerhouse Costco (COST) have risen about 63%% over the past year, while Target (TGT) shares are up around 39% over the same time frame. Both stocks have performed well, but which is the better opportunity for investors going forward? Let’s examine that question.I’m neutral on Costco based on its pricey valuation. Regarding Target, I’m bullish this stock based on its inexpensive valuation, attractive dividend yield, and long history of dividend growth. Additionally, sell-side analysts view Target as having considerably more upside ahead over the…

The multinational automaker Stellantis  (STLA) , the parent company encompassing 14 well-known car brands from Italy’s Fiat and Maserati, France’s Citroën and Peugeot, as well as Jeep, Chrysler and Dodge, has not been in good shape since reporting dismal earnings in late July 2024. During the earnings call, CEO Carlos Tavares blamed a “challenging industry context” and its own “operational issues” for the challenges it has been facing. “We have significant work to do, especially in North America, to maximize our long-term potential,” Tavares said. In North America, Stellantis has been aggressive in its cost-cutting measures to make back what it has lost,…

This article is featured in Bitcoin Magazine’s “The Privacy Issue”. Subscribe to receive your copy.”Anarchy is order; government is civil war.” – BellegarrigueThe advent of decentralized money gave rise to an intriguing cognitive bias among early adopters. Bitcoin’s success is convincing many that we can do away with trusted institutions altogether—that trust itself can be engineered away. This hubris is reflected in how we deploy our collective resources and capital. In the absence of appropriate social structures, we have become risk averse and generally mistrusting of each other. As a result, Bitcoin commerce has become marginalized and many revolutionaries have…

The Psychology of Forex Trading: Managing Emotions for Success The foreign exchange market, also known as the forex market, is a thrilling and unpredictable arena where traders from all over the world gather to buy and sell currencies. While technical analysis and market knowledge are crucial for success in forex trading, it is equally important to understand the psychological aspect of trading. The truth is, emotions play a significant role in determining the outcome of a trade. The Emotional Rollercoaster of Forex Trading Forex trading can be a highly emotional experience. Traders are constantly exposed to uncertainty, risk, and volatility,…