NUGGETS OF ALPHA
BlackRock and Nomura have filed for the ETH ETFs on top of their BTC ETFs
Nvidia will reportedly sell new chips to China that still meet U.S. rules
Moody's has downgraded its outlook for the U.S. economy to negative
The Fed's Emergency Loan Program (BTFP) reached a new high of $112 billion
The U.S. House Republicans eye plan by Nov 17th to avert government shutdown
These are life-changing times; having the right and current information is critical.
There are three simple rules for investing:
Make bold bets on hated assets: Do not be afraid to invest in assets that are out of favor with the market. These assets often have the potential for high returns.
Give your investments time to play out: Do not expect your investments to make money overnight. If you do the homework upfront, wait and give enough time for your investments to play out.
Be consistent: Do not let market fluctuations shake your confidence. Stay committed to your investment strategy and your long-term goals. I call this conviction!
Weekly Crypto Market Summary:
The global crypto market cap is $1.3 trillion, with a 24-hour volume of $30.55 billion.
The price of Bitcoin is $34,767.25, and BTC market dominance is 52.3%.
The price of Ethereum is $1,838.14, and ETH market dominance is 17.0%.
The Crypto Fear & Greed Index is currently Greed (68).
November is shaping up to be a big month, as we are one-third into the month with BTC up 7.2%. November has historically been one of the best months of performance in the stock market and crypto. Bitcoin is making steps up the price layers, so I remain
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