Quote to start the day: If you look closely, most of the overnight successes took a long time.
Source: Steve Jobs
One big thing in fintech: JPMorgan issued a notice on Thursday that Bitcoin could hit a long-term price of $ 130,000 if its volatility continues to drop.
Source: Coindesk
Other important fintech developments:
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Santander consumers adds an app.
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Voyager buys MLB Suite with BTC.
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JD.com’s fintech unit drawn his IPO.
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Crypto companies report Upticks at retail.
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Fei Labs Pools $ 1.3 billion for stablecoin.
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Goldman Sachs is search to fintech.
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EU Fintech Hub shift from banks.
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dxFeed plans to to sell On-chain data.
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DriveWealth, plaid team about tech.
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Bell tower made Fintech bet of $ 25 million.
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Razor With Fans for fintech growth.
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FCA is looking for border Fintech damage.
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SadaPay elevated $ 7.2 million seed round.
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marble starts new digital wallet.
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Industry blockchain will transform.
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HighRadius raised $ 300M Series C.
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Chinese hydropower node eyes DLT.
Pay attention to: Decades before the race to build a self-driving car became a multi-billion dollar competition between tech giants like Tesla and Google. A South Korean professor built an autonomous vehicle and drove it across the country – only to be scrapped for his research.
79-year-old Han Min-hong successfully tested his self-driving car on the streets of Seoul in 1993 – a decade before Tesla was even founded. Two years later, she drove 300 kilometers from the capital to the southern port of Busan on the busiest expressway in South Korea.
Source: Tech Wire
Interesting readings:
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CFTC chairman joins Citadel Securities.
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Frontier IPO Signals Travel recreation.
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employer unleashed Recruitment efforts.
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A history behind the Archegos explosion.
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Clubhouse is is missing to billions.
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Loneliness is that problem from far away.
Market moving headline: The S&P 500 closed above $ 4,000.00 for the first time.
It did so as investors shifted their focus from the risks of rapidly rising inflation to the accelerating pace of COVID-19 coronavirus vaccination and a recovery in economic activity.
At this point in time, the CBOE Volatility Index (INDEX: VIX), a measure of the volatility expectations of the stock markets based on S&P 500 (INDEX: SPX) options, reached its lowest level since February 2020.
The central theses:
– March falls before bullish April.
– The global GDP projections have been revised.
– The mood in manufacturing is rising.
– Risk appetite increased, but lower.
– Historical perspective: economy.
– Student debt of $ 1.1 billion remained standing.
– Consumers give 40% stimulus.
– The crime rates are almost high.
– The financial conditions are tightening.
– The retail sector has moderated its upward trend.
– $ 2 infrastructure plan presented.
– Inflation, as in the 1970s, very unlikely.
– hedge funds that are not that high.
In upcoming sessions, attendees should pay attention to where the S&P 500 is trading relative to Thursday’s end-of-day rise.
At best, the S&P 500 will stay above the spike base of $ 4,004.25.
Source: Physics Invest
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This article originally appeared on finance.yahoo.com