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旅途观者

旅途观者

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- 旅途观者旅途观者
  ·2021-06-01
  $BIOLIDICS LIMITED(8YY.SI)$To moon?
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- 旅途观者旅途观者
  ·2021-06-01
  $BIOLIDICS LIMITED(8YY.SI)$??? To moon.
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- 旅途观者旅途观者
  ·2021-05-27
  Wow. Like please.
  President Biden will propose a $6 trillion budget, documents obtained by The Times show.
  President Joe Biden will seek $6 trillion in U.S. federal spending for the 2022 fiscal year, rising
  President Biden will propose a $6 trillion budget, documents obtained by The Times show.
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- 旅途观者旅途观者
  ·2021-01-27
  Good
  United Microelectronics Beats EPS By $0.10, Reports High Capacity Utilization
  
  United Microelectronics Beats EPS By $0.10, Reports High Capacity Utilization
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- 旅途观者旅途观者
  ·2020-12-21
  Lol
  JPMorgan Says Flows to Into Major Crypto Fund Are Key to Bitcoin’s Outlook
  The odds of a Bitcoin correction would increase if the flows into the world’s largest traded cryptoc
  JPMorgan Says Flows to Into Major Crypto Fund Are Key to Bitcoin’s Outlook
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- 旅途观者旅途观者
  ·2020-12-21
  OMG
  Sorry, this post has been deleted
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Like please.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/135094325","repostId":"1188205901","repostType":4,"repost":{"id":"1188205901","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1622117079,"share":"https://ttm.financial/m/news/1188205901?lang=&edition=fundamental","pubTime":"2021-05-27 20:04","market":"us","language":"en","title":"President Biden will propose a $6 trillion budget, documents obtained by The Times show.","url":"https://stock-news.laohu8.com/highlight/detail?id=1188205901","media":"Tiger Newspress","summary":"President Joe Biden will seek $6 trillion in U.S. federal spending for the 2022 fiscal year, rising ","content":"<p>President Joe Biden will seek $6 trillion in U.S. federal spending for the 2022 fiscal year, rising to $8.2 trillion by 2031, the New York Times reported on Thursday, a day before the White House is expected to unveil its budget proposal.</p><p>Citing documents it had obtained, the Times said the Democratic president planned to pay for his agenda through increased taxes on corporations and high earners, and that the budget deficits would start to decrease in the 2030s.</p><p>On Friday, Biden is set to release his first full budget since taking office in January as he seeks to push his priorities of investing in infrastructure, childcare and other public works in a national rebuilding effort.</p><p>Republicans have criticized the president for seeking trillions in new spending, setting the stage for pitched battles over his priorities.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>President Biden will propose a $6 trillion budget, documents obtained by The Times show.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPresident Biden will propose a $6 trillion budget, documents obtained by The Times show.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-27 20:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>President Joe Biden will seek $6 trillion in U.S. federal spending for the 2022 fiscal year, rising to $8.2 trillion by 2031, the New York Times reported on Thursday, a day before the White House is expected to unveil its budget proposal.</p><p>Citing documents it had obtained, the Times said the Democratic president planned to pay for his agenda through increased taxes on corporations and high earners, and that the budget deficits would start to decrease in the 2030s.</p><p>On Friday, Biden is set to release his first full budget since taking office in January as he seeks to push his priorities of investing in infrastructure, childcare and other public works in a national rebuilding effort.</p><p>Republicans have criticized the president for seeking trillions in new spending, setting the stage for pitched battles over his priorities.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188205901","content_text":"President Joe Biden will seek $6 trillion in U.S. federal spending for the 2022 fiscal year, rising to $8.2 trillion by 2031, the New York Times reported on Thursday, a day before the White House is expected to unveil its budget proposal.Citing documents it had obtained, the Times said the Democratic president planned to pay for his agenda through increased taxes on corporations and high earners, and that the budget deficits would start to decrease in the 2030s.On Friday, Biden is set to release his first full budget since taking office in January as he seeks to push his priorities of investing in infrastructure, childcare and other public works in a national rebuilding effort.Republicans have criticized the president for seeking trillions in new spending, setting the stage for pitched battles over his priorities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":313465586,"gmtCreate":1611746400545,"gmtModify":1704862649067,"author":{"id":"3568336059011077","authorId":"3568336059011077","name":"旅途观者","avatar":"https://static.tigerbbs.com/4b4582a00b6baad16bbe206529ff1b4a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568336059011077","authorIdStr":"3568336059011077"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/313465586","repostId":"2106028455","repostType":2,"repost":{"id":"2106028455","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1611746696,"share":"https://ttm.financial/m/news/2106028455?lang=&edition=fundamental","pubTime":"2021-01-27 19:24","market":"hk","language":"en","title":"United Microelectronics Beats EPS By $0.10, Reports High Capacity Utilization","url":"https://stock-news.laohu8.com/highlight/detail?id=2106028455","media":"Benzinga","summary":"\n","content":"<html><body><ul>\n<li><strong>United Microelectronics Corp</strong> (NYSE:UMC) reports Q4 GAAP EPS of $0.162, which beat analyst consensus by $0.10.</li>\n<li>Revenue of $1.59 billion beats by $20 million.</li>\n<li>Q4 Gross margin of 23.9% increased by 720 bps year-over-year, and operating margin of 12.4% increased by 760 bps Y/Y.</li>\n<li>UMC hit a capacity utilization rate of 99%, raising wafer shipments to 2.3 million 8-inch equivalents.</li>\n<li>UMC expects strong demand for wafer chips in 2021 and will continue with a capital expenditure budget of $1.5 billion.</li>\n<li>\"Looking into the first quarter, stable demand outlook will lead to an incremental increase in wafer shipments and blended ASP in USD. However, due to the continuing unfavorable foreign exchange rate, we anticipate the appreciation of the NT dollar will offset more than half of the implied growth projected for 1Q,\" co-President Jason Wang said.</li>\n<li>UMC shares are up 3.73% at $10.29 in the pre-market session on the last check Wednesday.</li>\n</ul>\n</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>United Microelectronics Beats EPS By $0.10, Reports High Capacity Utilization</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUnited Microelectronics Beats EPS By $0.10, Reports High Capacity Utilization\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-01-27 19:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><ul>\n<li><strong>United Microelectronics Corp</strong> (NYSE:UMC) reports Q4 GAAP EPS of $0.162, which beat analyst consensus by $0.10.</li>\n<li>Revenue of $1.59 billion beats by $20 million.</li>\n<li>Q4 Gross margin of 23.9% increased by 720 bps year-over-year, and operating margin of 12.4% increased by 760 bps Y/Y.</li>\n<li>UMC hit a capacity utilization rate of 99%, raising wafer shipments to 2.3 million 8-inch equivalents.</li>\n<li>UMC expects strong demand for wafer chips in 2021 and will continue with a capital expenditure budget of $1.5 billion.</li>\n<li>\"Looking into the first quarter, stable demand outlook will lead to an incremental increase in wafer shipments and blended ASP in USD. However, due to the continuing unfavorable foreign exchange rate, we anticipate the appreciation of the NT dollar will offset more than half of the implied growth projected for 1Q,\" co-President Jason Wang said.</li>\n<li>UMC shares are up 3.73% at $10.29 in the pre-market session on the last check Wednesday.</li>\n</ul>\n</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UMC":"联电"},"source_url":"https://www.benzinga.com/node/19338920","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2106028455","content_text":"United Microelectronics Corp (NYSE:UMC) reports Q4 GAAP EPS of $0.162, which beat analyst consensus by $0.10.\nRevenue of $1.59 billion beats by $20 million.\nQ4 Gross margin of 23.9% increased by 720 bps year-over-year, and operating margin of 12.4% increased by 760 bps Y/Y.\nUMC hit a capacity utilization rate of 99%, raising wafer shipments to 2.3 million 8-inch equivalents.\nUMC expects strong demand for wafer chips in 2021 and will continue with a capital expenditure budget of $1.5 billion.\n\"Looking into the first quarter, stable demand outlook will lead to an incremental increase in wafer shipments and blended ASP in USD. However, due to the continuing unfavorable foreign exchange rate, we anticipate the appreciation of the NT dollar will offset more than half of the implied growth projected for 1Q,\" co-President Jason Wang said.\nUMC shares are up 3.73% at $10.29 in the pre-market session on the last check Wednesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":330339144,"gmtCreate":1608536451488,"gmtModify":1704975033071,"author":{"id":"3568336059011077","authorId":"3568336059011077","name":"旅途观者","avatar":"https://static.tigerbbs.com/4b4582a00b6baad16bbe206529ff1b4a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568336059011077","authorIdStr":"3568336059011077"},"themes":[],"htmlText":"Lol","listText":"Lol","text":"Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/330339144","repostId":"1134121171","repostType":2,"repost":{"id":"1134121171","kind":"news","pubTimestamp":1608533086,"share":"https://ttm.financial/m/news/1134121171?lang=&edition=fundamental","pubTime":"2020-12-21 14:44","market":"fut","language":"en","title":"JPMorgan Says Flows to Into Major Crypto Fund Are Key to Bitcoin’s Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=1134121171","media":"Bloomberg","summary":"The odds of a Bitcoin correction would increase if the flows into the world’s largest traded cryptoc","content":"<p>The odds of a Bitcoin correction would increase if the flows into the world’s largest traded cryptocurrency fund slow significantly, according to strategists at JPMorgan Chase &amp; Co.</p>\n<p>The&nbsp;Grayscale Bitcoin Trust’s assets under management have climbed to $13.1 billion from $2 billion at the start of December last year, amid a tripling in the digital currency’s price so far in 2020. Inflows into the fund are running at about $1 billion per month, the strategists led by Nikolaos Panigirtzoglou wrote in a note Friday.</p>\n<p>While it’s hard to avoid describing Bitcoin as “overbought,” the flows into the trust “are too big to allow any position unwinding by momentum traders to create sustained negative price dynamics,” the strategists said. A major slowdown in those flows would boost the risk of a Bitcoin correction akin to the one in the second half of 2019, they said.</p>\n<p>Bitcoin reached an all-time high of $24,291.38 on Sunday, according to a composite of prices compiled by Bloomberg. The cryptocurrency’s backers argue it’s gaining ground among longer-term investors as a hedge against dollar weakness and risks such as higher inflation. Others claim an unsustainable speculative fervor, exacerbated by trend-following quant funds, lies behind much of the rally in Bitcoin and other digital assets.</p>\n<p>In 2019, the largest cryptocurrency slipped 44% from a peak in late June to $7,158 by the end of that year, though it still almost doubled for 2019 as a whole.</p>\n<p><img src=\"https://static.tigerbbs.com/0de896325a0d2bb6ffc9f4c48f8e3c78\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>There are signs of growing corporate and institutional interest in Bitcoin despite its famed volatility. Public companies Square Inc. and MicroStrategy Inc. recently invested in it. Investment managers Paul Tudor Jones and Stan Druckenmiller have backed the digital asset as a hedge against inflationary pressure, though price increases remain subdued.</p>\n<p>Massachusetts Mutual Life Insurance Co., which has been around since 1851, said this month it had purchased $100 million of Bitcoin for its general investment fund.</p>\n<p>Over the weekend, Elon Musk inquired about converting “large transactions” of Tesla Inc.’s balance sheet into Bitcoin in a Twitter exchange with Michael Saylor, the chief executive officer of MicroStrategy.</p>\n<p>“Are such large transactions even possible?” Musk tweeted in response to Saylor. Numerous people assured him they are, as well as Saylor, who said he had purchased more than $1.3 billion in Bitcoin and offered to share his “playbook” offline.</p>\n<p>Bitcoin climbed about 2% to $23,903 as of 2:31 p.m. in Tokyo. The wider Bloomberg Galaxy Crypto Index also advanced about 2%.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan Says Flows to Into Major Crypto Fund Are Key to Bitcoin’s Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan Says Flows to Into Major Crypto Fund Are Key to Bitcoin’s Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n2020-12-21 14:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2020-12-21/jpmorgan-says-flows-to-grayscale-trust-key-to-bitcoin-s-outlook?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The odds of a Bitcoin correction would increase if the flows into the world’s largest traded cryptocurrency fund slow significantly, according to strategists at JPMorgan Chase & Co.\nThe Grayscale ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2020-12-21/jpmorgan-says-flows-to-grayscale-trust-key-to-bitcoin-s-outlook?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2020-12-21/jpmorgan-says-flows-to-grayscale-trust-key-to-bitcoin-s-outlook?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134121171","content_text":"The odds of a Bitcoin correction would increase if the flows into the world’s largest traded cryptocurrency fund slow significantly, according to strategists at JPMorgan Chase & Co.\nThe Grayscale Bitcoin Trust’s assets under management have climbed to $13.1 billion from $2 billion at the start of December last year, amid a tripling in the digital currency’s price so far in 2020. Inflows into the fund are running at about $1 billion per month, the strategists led by Nikolaos Panigirtzoglou wrote in a note Friday.\nWhile it’s hard to avoid describing Bitcoin as “overbought,” the flows into the trust “are too big to allow any position unwinding by momentum traders to create sustained negative price dynamics,” the strategists said. A major slowdown in those flows would boost the risk of a Bitcoin correction akin to the one in the second half of 2019, they said.\nBitcoin reached an all-time high of $24,291.38 on Sunday, according to a composite of prices compiled by Bloomberg. The cryptocurrency’s backers argue it’s gaining ground among longer-term investors as a hedge against dollar weakness and risks such as higher inflation. Others claim an unsustainable speculative fervor, exacerbated by trend-following quant funds, lies behind much of the rally in Bitcoin and other digital assets.\nIn 2019, the largest cryptocurrency slipped 44% from a peak in late June to $7,158 by the end of that year, though it still almost doubled for 2019 as a whole.\n\nThere are signs of growing corporate and institutional interest in Bitcoin despite its famed volatility. Public companies Square Inc. and MicroStrategy Inc. recently invested in it. Investment managers Paul Tudor Jones and Stan Druckenmiller have backed the digital asset as a hedge against inflationary pressure, though price increases remain subdued.\nMassachusetts Mutual Life Insurance Co., which has been around since 1851, said this month it had purchased $100 million of Bitcoin for its general investment fund.\nOver the weekend, Elon Musk inquired about converting “large transactions” of Tesla Inc.’s balance sheet into Bitcoin in a Twitter exchange with Michael Saylor, the chief executive officer of MicroStrategy.\n“Are such large transactions even possible?” Musk tweeted in response to Saylor. Numerous people assured him they are, as well as Saylor, who said he had purchased more than $1.3 billion in Bitcoin and offered to share his “playbook” offline.\nBitcoin climbed about 2% to $23,903 as of 2:31 p.m. in Tokyo. The wider Bloomberg Galaxy Crypto Index also advanced about 2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":330339057,"gmtCreate":1608536376579,"gmtModify":1704975032419,"author":{"id":"3568336059011077","authorId":"3568336059011077","name":"旅途观者","avatar":"https://static.tigerbbs.com/4b4582a00b6baad16bbe206529ff1b4a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3568336059011077","authorIdStr":"3568336059011077"},"themes":[],"htmlText":"OMG","listText":"OMG","text":"OMG","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/330339057","repostId":"1179349977","repostType":2,"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}