The US Equity Market Just Suffered Its 2nd Biggest Selling-Wave In History

https://www.nationandstate.com/2021/09/20/the-us-equity-market-just-suffered-its-2nd-biggest-selling-wave-in-history/
The US Equity Market Just Suffered Its 2nd Biggest Selling-Wave In History As futures indicated, the US cash equity open was greeted by an avalanche of selling, breaking the S&P back below its 50DMA… This was the second largest sell-program in history with TICK crashing to -2067 (record low as -2069 on 5/11/21)… …which means…

Evergrande: Shares in cash-strapped China property giant plunge – BBC News

Comment by tonytran2015: Any overpriced enterprise in heavy debt may go bankrupt suddenly leaving its investors, creditors and employees with heavy losses.

https://www.bbc.com/news/business-58540939

… The firm said it is struggling to sell assets fast enough to service its massive $305bn (£220bn) of debts…

El Salvador’s Legislative Assembly approves $150M Bitcoin Trust – SAYAG

https://sayag.mn/2021/09/01/el-salvadors-legislative-assembly-approves-150m-bitcoin-trust/
The Legislative Assembly of El Salvador has passed a bill to create a $150 million dollar Bitcoin Trust to support the development of crypto infrastructure and services across the country...

“Interest Is Significant”: Cash Is Pouring Into Crypto Altcoins At Record Rates

https://www.nationandstate.com/2021/08/30/interest-is-significant-cash-is-pouring-into-crypto-altcoins-at-record-rates/
It is the lesser known altcoins stealing the show from Bitcoin and Ethereum of late in the crypto world, according to a new report by Bloomberg. Altcoins like Cardano, Binance Coin and Avalanche have doubled (or, in the case of Avalanche, tripled) over…

Canadian investment firm plans to plant trees for every Bitcoin ETF investment – SAYAG

https://sayag.mn/2021/08/28/canadian-investment-firm-plans-to-plant-trees-for-every-bitcoin-etf-investment/

Accelerate Financial Technologies plans to match investments in its unresolved Bitcoin exchange-traded fund (ETF) with the planting of thousands of trees.

“Investors Have Begun To Reduce Leverage” – BofA Spots “Bearish Signal” In Margin Debt

https://www.nationandstate.com/2021/08/25/investors-have-begun-to-reduce-leverage-bofa-spots-bearish-signal-in-margin-debt/

Research analysts publish dozens of complex charts that illustrate the bubble of everything continues to inflate away as central banks expand their balance sheets at record paces. These monetary wonks have distorted traditional indicators and made fundamentals obsolete, leading markets into a…

Japanese financial regulator considers imposing stricter crypto rules – SAYAG

https://sayag.mn/2021/08/24/japanese-financial-regulator-considers-imposing-stricter-crypto-rules/

Japan’s financial regulator, the Financial Services Agency (FSA), has started discussions around imposing stricter regulations for cryptocurrencies in an effort to provide better protection to Japanese investors.

Evergrande Crashes Again As The Bad News Just Won’t Stop

https://www.nationandstate.com/2021/08/23/evergrande-crashes-again-as-the-bad-news-just-wont-stop/
It’s just keeps going from bad to catastrophic for China’s largest and most indebted developer, Evergrande. Just days after Chinese authorities called for indebted (some would say insolvent) property giant Evergrande to resolve its debt risks during a rare meeting with executives Thursday and warning […]

SEC Warns US Investors About Risks Of Buying Chinese Stocks As Crackdown In Beijing Continues

https://www.nationandstate.com/2021/08/17/sec-warns-us-investors-about-risks-of-buying-chinese-stocks-as-crackdown-in-beijing-continues/
A few weeks ago, the SEC quietly shut down the processing of any new Chinese IPOs, which seemed almost comical to us, considering any underwriter would probably have trouble lining up the financing since there’s approximately zero appetite for new…