To The Moon

US Market Earthquake? Only 2 weeks into 2024 and already the US market is shakier than ever. What have caused the market to become so volatile over the past month — 13 Dec 2023 to 12 Jan 2024? 4 Main Factors. (1) FOMC Dec 2023 meeting. On FOMC’s last meeting in 2023, the Fed team decided to: Keep Fed Funds rate static & unchanged. Acknowledged that the Fed’s policies are working to cool down the US economy. Cut interest rate in 2024. This caused the market to rally. (2) Santa rally. The santa proved to be short-lived because all too soon, the Fed officials were out in force interacting with the media to dampen the euphoria that resulted from the FOMC press conference. This caused the santa rally to spluttered and died a natural death. (3) Inflation. This began to take centrestage as

The quest for a spot bitcoin ETF in the US started in 2013 though initially rejected. SEC approval for bitcoin ETFs based on futures began in 2021.$BlackRock(BLK)$ and Fidelity’s application for a spot bitcoin product gained momentum due to their influential positions in the US financial system.All these efforts made the approval possible in 2024.What are the advantages of spot Bitcoin ETF for retail investors?It introduces additional regulatory safeguards, providing a more secure investment environment.Investors gain the opportunity to invest through reputable financial institutions, adding a layer of credibility to the market.This simplifies the investment process, as investors can hold the ETFs directly in their brokerage accounts.Howe