To The Moon

🌟🌟🌟📮📮📮The Year Of The Dragon Has Roared Its Might and Bitcoin Has Jumped above USD 50,000 to reach its highest point in more than 2 years. This is the best week since December 8, ending up 10.7% since last Friday. Is it time for action? Demand for Spot Bitcoin ETFs remains high with net inflows of USD 1.1 billion last week and USD 2.8 billion since their launch. Just last Friday, Bitcoin ETFs acquired 12,000 Bitcoins, outpacing the daily creation rate of 900 new Bitcoins. Since January 11 when Bitcoin ETFs started trading, Fidelity Wise Origin Bitcoin Fund (FBTC) became the 2nd ETF to cross USD 3 billion in Assets Under Management following $iShares Bitcoin Trust(IBIT)$

Earnings Calendar (12 Feb 2024) There are a few earnings of interest for the coming week starting 12 Feb 2024 including Monday, Shopify, Occidental, Coinbase and Cisco. Let us look at Coinbase. Observations: Since 2019, there has been an increase in revenue. However, there is a steep drop in revenue for 2022. 2022 ended in an operating loss of $2.67B. Observations for TTM: TTM revenue has reached $2.78B TTM total expenses have fallen from $5.86B to $4.12B. There is an improvement in EPS from -11.81 to -3.20. However, the business continues to experience net loss. The stock has risen 138% from a year ago. Investing has recommended the stock as a “Strong Buy”. There is a strong crypto ETF interest in the market. From the article above, there are concerns about the impact of ETF

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Japan was once the world's hottest stock market but later fell into a decades-long slumber. The Japanese stock market experienced a revival in 2023, rekindling investors' awareness of its long-term potential.Japan, once the world's hottest stock market, went through a prolonged period of dormancy. However, in 2023, the Japanese stock market witnessed a resurgence, rekindling investors' awareness of its long-term potential.In 2023, the Nikkei 225 stock index recorded a substantial surge, boasting a growth rate of 28%, outpacing the S&P 500 index's 24%. This marks a significant turnaround for the Japanese stock market, breaking free from its lackluster performance in 2022 and the preceding decade.Several factors triggered this upswing, including the widespread belief that Japan is addres