Dashboard

Financial News

Governors look to tackle cost of living
journalstar63d ago

Governors look to tackle cost of living

State officials are attempting to address voters' worries about the rising cost of living, including housing and everyday items such as groceries, utilities and child care.

#ECONOMY
Cibc World Market Inc. Buys 16,244 Shares of VanEck Junior Gold Miners ETF $GDXJ
defenseworld63d ago

Cibc World Market Inc. Buys 16,244 Shares of VanEck Junior Gold Miners ETF $GDXJ

Cibc World Market Inc. raised its position in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ – Free Report) by 143.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 27,559 shares of the exchange traded fund’s stock after purchasing an additional 16,244 shares during the quarter. Cibc [...]

#COMMODITIES
Firms Report Improved Financial Performance Linked to Use of Embedded Finance
pymnts63d ago

Firms Report Improved Financial Performance Linked to Use of Embedded Finance

Embedded finance has evolved beyond a supplementary revenue channel to become the deciding factor between companies that forge lasting customer relationships and those that fall behind, according to new research examining how mid-sized and large firms are deploying financial services within their platforms. The study, “Embedded Finance as a Strategic Initiative,” conducted by PYMNTS [...]The post Firms Report Improved Financial Performance Linked to Use of Embedded Finance appeared first on PYMNTS.com.

#ECONOMY
Bitcoin Capitulation Or Buy Zone? What On-Chain Data Shows Right Now
newsbtc63d ago

Bitcoin Capitulation Or Buy Zone? What On-Chain Data Shows Right Now

Bitcoin is sitting at a “critical point,” with traders split between two familiar scripts: a full capitulation event, or the early innings of a durable bottoming process. In a Feb. 15 video explainer, CryptoQuant analyst Maartunn argued the data is starting to line up for the latter, but with a clear caveat that any bottom is more likely to be a grind than a snapback. Is The Bitcoin Bottom In? Bitcoin is currently trading roughly 50% below its all-time high, a drawdown that looks severe in isolation but still smaller than the 70%+ declines seen in prior bear markets, Maartunn said. The more actionable question, in his framing, is not whether the market can go lower but whether the ingredients that usually precede a turn are appearing. Maartunn points first to what he describes as “structural selling pressure” tied to spot ETFs. According to his figures, the new spot ETFs have posted an $8.2 billion drawdown from peak holdings, “the largest on record”, creating persistent sell pressure. He adds that the current price is around 17% below the average buying price for ETF holders, putting a meaningful slice of that cohort underwater and potentially incentivized to cut exposure. Related Reading: Bitcoin Sees Largest Shorts Liquidation Event Since 2024 — What Happened? He then pairs that flow story with a mechanical reset in derivatives. Open interest has been “sliced by more than half,” falling from $45.5 billion to $21.7 billion, with a 27% drop in open interest in the last week alone. Maartunn describes this as a broad deleveraging event, painful in real time, but historically consistent with conditions that allow a bottom to form. “Look, it’s definitely painful for anyone who is overleveraged, but getting rid of all that speculation is an absolutely necessary step to form a real sustainable market bottom,” he said. “This is a signal of a major wash out of speculative excess.” To gauge whether the drawdown is translating into capitulation-like stress, Maartunn focuses on short-term holders. He cites the short-term holder MVRV ratio at 0.72, implying the average short-term holder is down about 28%, “deep underwater” as a group. In his telling, that’s not a routine reading: it’s the lowest level since the July 2022 bottom, and a band that has historically aligned with periods of maximum financial pain. “This level of financial stress is pretty rare historically, and it usually happens during periods of major capitulation,” Maartunn said. “Now, sure, could this ratio go even lower? Absolutely. But what history shows us is that when we get down into these levels, the risk-to-reward profile for Bitcoin starts to look a lot better.” Related Reading: Bitcoin Flirts With ‘Undervalued’ As MVRV Slides Toward 1 Maartunn also frames the current structure as a retest of a major support cluster — where the previous cycle’s all-time high intersects the upper boundary of an older trading range — a zone that has often mattered in past cycle transitions. From there, he moves to time-based analogs, suggesting prior bear-market durations imply a broad window between June and December 2026, with the last two cycles clustering most tightly between September and November. His closing point is that bottoms are rarely single-day events. In his view, ETF-driven structural selling, the leverage flush, stress among short-term holders, and the retest of key levels can all coexist inside a longer bottoming process — with sentiment as the final tell. “A real market bottom... that’s usually marked by just apathy,” he said. “When engagement on social media is totally dead, your timeline is quiet, and honestly, nobody seems to care anymore. That period of total disinterest is often the point of maximum financial opportunity.” Overall, the implication of Maartunn’s framework is straightforward: the data may be shifting toward early bottom formation signals, but the confirming evidence, particularly around flows and sentiment, could still arrive in stages, with volatility and further stress tests along the way. At press time, Bitcoin traded at $68,710. Featured image created with DALL.E, chart from TradingView.com

#TECH
India's key role in AI governance highlighted at Impact Summit 2026
newsable_asianetnews63d ago

India's key role in AI governance highlighted at Impact Summit 2026

CIGI's Duncan Cass-Beggs, at the India AI Impact Summit 2026, highlighted India's crucial role in global AI governance. He stressed international cooperation to manage risks like AGI and ASI, while still harnessing AI's immense benefits.

#TECH