KLiMA $2.70 | it's all about the weather the CARBON MARKET sometimes it rains
when it does
it pours
it' a $270 billion industry and KLiMA seem to be the only player for now
a thematic play that is valued at $35bn and was discounted at $12bn during its launched
yet participated by every ESG Player that put in around $2bn
half of which reside in one account
that handles the allocation and accommodation of
fresh investors for next play
Carbon Credits is around spot $35 per metric ton
most likely it shall capitalize on ALiENS cum Chloride spilling in Ohio
and the mother of all DRAMA... Carbon Credits which even SBF was dying to corner that space or market in the BAHAMAS
Climate
$SUN Cup and Handle Breakout with HUGE Volume bar in the WeeklyNASDAQ:SUNW Cup and Handle breakout with HUGE volume bar in the weekly TF 🔥
Can triple easily imo📈
See my previous idea. Spotted this bullish move when it was sub $1 💰
As Biden continues to decimate Americas strategic oil reserves. Hi all thanks for looking, Oil has been on a seriously long downtrend and now reached a level of support, its looking bouncy as you see. I believe he (Biden and co) have been doing this to make his party look good and show people how he can control inflation, but if this is the case its a matter of time before control is lost, if oil was sky high as it easily could be RN he would likely have got destroyed in the recent mid term elections and lost the senate. Americas strategic oil reserves are for use only in an emergency. There is no immediate emergency at this moment so he is doing the people a huge disservice, as when not if there is, there will be none or a low ammount. Im looking to get in the long trade now as sooner or later these reserves will need to be bought back, or we move to entirely to so called 'green energy', even then oil is needed its a nonsense. With the price being pushed down for this reason, I believe it will have a MAJOR rebound in the long term IMO to all time highs, even in the short and medium term I like to play this bounce it looks to me like theres a lot of room to run. Escalation in war will also likely catapult it ridiculously. Depending on the length of the play youd be going for, you could put a stop loss either below yesterdays low, or the weekly swing low if you intend to hold longer term. I think there is great RR to be had here. Another key thing I almost forgot to mention, from a technical standpoint, we have just had a bullish crossover on the RSI. Good luck if you take the play. Thanks.
Verizon Returns With $1 Billion SaleThe telecom giant sold the bonds in one tranche maturing in 30 years, according to a person with knowledge of the matter. It yields 1.55 percentage points above Treasuries after initial price discussions in the 1.7 percentage points range, said the person, who asked not to be identified as the details are private.
This is the fourth $1 billion green bond transaction from the phone company since it first tapped the market in 2019, according to data compiled by Bloomberg. Verizon plans to allocate an amount equal of the net proceeds to fund renewable energy facilities or purchase of renewable energy, the person said.
Global sales of green bonds -- the largest category of sustainable debt by dollar volume -- reached a record $514 billion last year, from about $234 billion in 2020, according to data compiled by Bloomberg. Climate Bonds Initiative, a London-based nonprofit, estimates issuance could reach a high of as much as $1 trillion by the end of this year and up to $5 trillion by 2025.
GOLD This is what to watch!Hello All!
Gold is still consolidating in the weekly triangle also following the weekly 200MA.
A break out from this triangle will push towards new ATH or search for buys near the supply support levels.
A break from support would be bad news for Gold however much less likely due to the current political climate & current events.
China Prepares To Roll Out The Digital YuanThe Evolution of the Global Financial Revolution
Which came first, the chicken or the egg? The question has its root in ancient Greece, where philosophers used it as an analogy to opine on cause and effect. Aristotle, writing in the fourth century BCE, addressed the question of origin versus first cause as an infinite sequence, with no actual source. The paradox may be one of the most studied and debated topics in history.
In the young world of cryptocurrencies, a modern-day chicken and egg question may only lie in the brain of Satoshi Nakamoto. The anonymous founder, who may exist in name only, is the only one who can answer which came first, Bitcoin or blockchain?
China’s digital yuan will be the first
China crackdown on cryptos to avoid competition
A bifurcation in the blockchain-based currencies on the horizon- Digital and stable coins versus cryptos
Carbon, security, custody, and control are the issues facing cryptos
A digital dollar and euro are on the horizon, but the government needs to “get it right.”
Nothing gets a bull market going like the potential for untold wealth. Anyone who purchased $10 worth of Bitcoin in 2010 at five cents and held the 200 tokens has a mark-to-market value of nearly $6.5 million as of July 25. The value was down from over $13.1 million on April 14, 2021, when Bitcoin reached the high of over $65,500 per token.
Bitcoin and the expanding cryptocurrency asset class that includes over 11,000 tokens as of the end of last week continues to provoke controversy. However, there is almost universal acceptance that blockchain technology is evolutionary for finance and other applications.
The growth of the asset class over the past decade has been nothing short of astonishing. However, at the $1.395 trillion level on July 25, the combined market cap remains well under Apple’s (AAPL). The world’s most valuable company had a value of over $2.479 trillion at $148.56 per share on July 23. While the cryptocurrency asset class market cap is nothing to sneeze at, it still pales compared to the stock market and many other asset classes.
Through Newtons’ First Law, physics teaches that a body in motion tends to remain in motion. The trends in cryptocurrencies remain higher despite the recent correction that cut many of the tokens’ values in half. Currencies that employ blockchain technology will continue to come to market over the coming days, weeks, months, and years. The next significant issuance will come not from the private sector but from China, the world’s second-leading economy that is nipping at the heels of the US, the world’s largest economy.
China’s digital yuan will be the first
It is not a question of if a country issues a digital version of its currency, but when it will occur. China is leading the race as it has been working on the digital yuan or 3-CNY since 2014, long before Bitcoin and the other cryptos really took off on the upside.
In mid-July, the Chinese government published a white paper in Chinese and English outlining that “Foreign residents temporarily traveling ion China can open an e-CNY wallet to meet daily payment needs without opening a domestic bank account.”
With the fanfare of the 2022 Winter Olympics in Beijing on the horizon, China is targeting the even as an opportunity to roll out the e-CNY product for visitors as the next step for its digital currency. A group of US Senators urged the Olympic Committee to forbid US athletes from using the digital yuan because of surveillance issues. China responded that “The US politicians should abide by the spirit in the Olympic Charter, stop making sports a political matter and stop making troubles out of the digital currency in China.”
As of the end of June, after a year of e-CNY tests across China, approximately 20.87 million personal wallets and over 3.5 million corporate wallets were opened. Transactions values are about 34.5 billion yuan or $5.4 billion, according to the paper.
China is well on the way to making its digital currency the mainstream means of exchange. The trials have expanded with programs producing a digital yuan insurance product for medical personnel exposed to coronavirus risks in Shenzhen, Guangdong Province.
China’s political and economic system may be better positioned to roll out digital currencies as an authoritarian approach allows the government to control the money supply and all aspects of life directly. In the US, the politicians may blame “surveillance” issues for objections to athletes using the e-CNY during the Olympics. Still, they are likely far more concerned with controlling the purse strings, which is crucial for maintaining power. Moreover, China’s political system allows the government to squash any competition to its digital currency. Simultaneously, blockchain technology will enable the Chinese government to track spending in real-time, increasing its power over 1.4 billion citizens. Cryptocurrencies became popular in China as they allow citizens to anonymously move funds offshore, which China defines as a nefarious use. Blockchains’ efficiency is a dream come true for the CCP.
China crackdown on cryptos to avoid competition
As China prepares to roll out the digital yuan fully, the central bank has been cracking down on cryptocurrency mining and trading. In May, the government banned Chinese financial institutions and payment companies from providing crypto-related series. Mass arrests following in June. People suspected of using cryptos in “nefarious” ways were rounded up. In July, the Beijing office of the People’s Bank of China shut down a company “suspected of providing software services for virtual currency transactions.”
Bitcoin, the leading cryptocurrency, reached a high of over $65,500 per token on April 14, the day of the Coinbase (COIN) listing on NASDAQ. The actions in China were a primary cause of the end of Bitcoin’s parabolic rally.
As the chart highlights, nearby Bitcoin futures fell from $65,520 in mid-April to a low of $28,800 in late June. At the most recent $32,480 level, the cryptocurrency remains a lot closer to the low than the high. The crypto asset class’s market cap dropped from over $2.4 to under $1.4 trillion over the period. China’s crackdown on cryptocurrencies has been the leading reason for the decline.
A bifurcation in the blockchain-based currencies on the horizon- Digital and stable coins versus cryptos
The Chinese political system allows its leaders to squash competition from other cryptocurrencies as it rolls out its new digital yuan. While the US, Europe, and other countries will roll out digital dollars, euros, and other e-currencies based on blockchain technology over the coming years, they will not have the same latitude to crush competition from cryptocurrencies. We are likely to see a flurry of regulatory moves in anticipation of western digital currencies, but it will be a slow process. China can act immediately, while differing political factions in the US and Europe will spend months, if not years, debating the regulatory framework.
I believe we will see a schism in the blockchain currency world that will separate cryptocurrencies from government-issued digital currencies and stable coins. A stable coin is a hybrid as it pegs its price to another crypto, fiat money, or exchange-traded commodities.
China would like to see cryptos disappear, which is the likely sentiment for all governments as power comes from controlling money. I believe the global regulatory framework will eventually favor digital government-issued currencies and stable coins over pure cryptocurrencies.
The ideological divide is vast. Cryptocurrency’s philosophical backbone is libertarian as they represent a rejection of the central bank and government’s control of money. As the asset class grows, the gap will widen. Chinese actions against cryptos could be the tip of the iceberg. While China and the US governments agree on little, they could be comrades-in-arms in a war against the cryptocurrency philosophy.
Carbon, security, custody, and control are the issues facing cryptos
Four of the problems facing cryptocurrencies have different ramifications for the asset class’s future.
Elon Musk highlighted the carbon footprint left by Bitcoin miners when Tesla (TSLA) decided to abandon plans to accept Bitcoin as payment for its EVs. Mining requires substantial energy, so the asset class will need to continue addressing net-zero carbon extraction methods.
The rising number of computer hacks poses a threat to computer wallets. Ironically, hackers have held systems hostage for ransom in Bitcoin and other cryptos like Monero. Security when it comes to wallets in cyberspace and regulations to track flows are issues the asset class. Security could be the governmental excuse, requiring transparency and strip away some of the anonymity.
Custody on a grand scale is another issue that has prevented the introduction of market-based products like ETF and ETN tools that would provide further acceptance of cryptocurrencies by investors and traders. Many market participants are reticent to hold the tokens in computer wallets. A custody system that ensures ownership and storage of cryptocurrencies will go a long way to pushing the asset class further into the mainstream.
Government control of the money supply is the most critical issue facing the asset class. Leaders are not likely to surrender the power of the purse string to a group of libertarian instruments. Those who control the money supply have the power. This ideological gulf will likely lead to the bifurcation between cryptos versus government-issued digital currencies. Stable coins will fall on the side of the fence depending on underlying forces. A stable coin based on crypto would be crypto, while one based on fiat currency or commodity values would likely find support as digital currencies.
A digital dollar and euro are on the horizon, but the government needs to “get it right.”
When questioned about the futures of a digital dollar, Fed Chairman Jerome Powell hit the nail on the head with his answer. The leader of the central bank is a master of deflection and unanswered questions. When asked about the period the Fed looks to for its “average of a 2% inflation rate,” his answer was it is “discretionary.” However, when it comes to a digital dollar, he said the most important thing is to “get it right.”
With so many conflicting vested interests in government and business in the US and Europe, the process will be laborious. A digital dollar, digital euro, and other cyber currencies based on blockchain technology are on the horizon. Under the current US administration, which has a far more globalist orientation, I expect coordination with G-7 and perhaps other friendly governments to challenge the emerging digital yuan, which will be the first digital currency to hit the market running. China has an advantage as the central planned political system puts regulation and other aspects in the hands of one leader with the final decision. The process in the US, Europe, and other countries will be far more challenging.
Digital currencies are the children of blockchain technology. The chicken or egg question between Bitcoin and blockchain is not essential as blockchain is the concept that propels the evolution of the financial revolution.
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Bitcoins are a bear to Tesla sympathyIt is a commonly known fact that cryptocurrency is a blatant attack on earths climate.
It is also a commonly known fact that Tesla's aim is to get the fossil fuels out of transportation.
Therefor Tesla Inc should NOT engage to buying any form of crypto currency unless it is solely mined and powered by renewable energy.
If not, sympathy for this company will drastically drop and it will lose many of its "commonsense investors". They might seek refuge to solar,wind, drinking water and hydrogen stocks.
What would be the next price target if Musk pushes this brainfarth?
Also, what if this is just a scheme to troll Bitcoin investors and Tesla Inc short sellers? Both would suffer immense loses if it were to be a joke after all...
Trading volume is low these days. How long will people hold their breath before deciding to go or stay?
SAUDI ARABIA WEATHER = LARGE & NARROW RANGE -$TASI- 3OMN - IDEAThanks for your like! Please also share to benefit the most! Much appreciated!
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The all Saudi Arabian shares index TADAWUL have seen first an acceleration of the fall to finally recover a little bit lately.
Now in a narrow range, we can see that it is framed by a wider range still legit.
Zone 1 and zone 3 are the next possible moves . Lines will be broken probably by a large candlestick or a large gape.
In fact, we have seen the market jumping from one range to another just by using "impulsive gapes".
This market doesn't offer much data , the study of the candlesticks reveals that actual support has been tested several times but not been broken.
If the market goes beyond, this will possibly be a smart entry point for long fall.
In the other side , the actual resistance (narrow range) seems to be less strong and possibility of seeing it broken are also likely as it is a very weak point. This will go in the sense of a consolidation of the price.
Short sell the disgusting climate hoax"It's very hard for people to reject what they have been taught their entire life since they were children even when presented with the evidence".
WEAK. Literally took me 1 second after seing the data to change my mind about the lies I was spoon fed my entire life since I was 5.
Donald Trump administration finally went against the dogma. Retiring scientists (their careers cannot be ruined anymore) are standing up to the establishment.
The truth is out and it will spread. We live in the internet age. They can try censoring it, but you cannot censor the whole internet. The truth will spread.
And all the GARBAGE, wasting, nature killing (ironic) companies built on the lie will collapse.
If you do not want an elite to control the world, push europe & na in misery, keep africa poor and even exterminate them, then you are a racist and a holocaust denier - er I mean "climate" denier. Climate change logic at its finest. They are actually dumber than middle ages witch burning peasants. And history does not exactly paint a very flattering image of those.
Facts don't matter, "approved" facts is what matters to them. They disgust me so much. And why are they so eager for news not to cover their buddy Epstein? It might steal valuable time from the climate change "only 10 years left" urgency? It's all for the good cause right?
Wait until we get the short interest on Tesla. Already shorting a company overrun by brainwashed cultists & Robinhood ignorant gamblers. Let's not also join a crowded short.
Don't go against the herd, as dumb as they might be.
In the past century there have been hundreds of stock market and real estate bubbles, stock bubbles happened in particular in "new tech" stocks that mainstream media talks about alot.
In the past century how many bubbles have there been in corporate bonds? Take a guess. Zero. Not one. Tells you everything you have to know.
If Bitcoin taught us something it's that retail is VERY SLOW to understand things and react, especially when it goes against what they want to hear. They can even ignore it. So I expect a downtrend to be slow.
If institutions are the main player in something they are so fast that you can't even get filled so it's not good either :(
Pros to short:
Tesla is not profitable, it's a trash company based on hype and Elon being a manipulative celebrity.
Climate change threat is an obvious lie. Literally takes 15 minutes to debunk 97% of their claims.
Near ath resistance & 1.236 extension of a sucker rally.
Cons to short:
The stock market in general could be entering its last phase, the parabolic run up.
Noobish morons cause bubbles, and will randomly buy anything.
Overcrowded short (we will know this soon).
Short at around 375 with a SL slightly above ath, or sell puts.
Or be long DJI/SPX while short TSLA.
The $BTC Moon Mission has completed Base of Operations. A further developed theory of previous publication.
I'm sorry bears, chances are you have found yourselves in disbelief.
Follow the trend, don't be the guy that short's this thing all the way through 100k.
We haven't even started, Bitcoin's mission to Namek is the final story of a world economy ready to collapse and if you play your cards right, collect the rubble at the end of it all and rebuild a world desperately in need of a generational transfer of wealth.
The Climate is changing, the banks are frankly crediting, citizens are over-borrowed on their homes and investment properties and Amazon needs to be broken up.
NASA is building a moon base like come on the writing is on the wall...
I dream of a day money is simply a tool to re-shape and help envision a better world for the kids that will be at war with the selfish decisions of their grandparents.
Did I mention f**k Exxon Mobil? F**k Exxon Mobil.
Why dont Global Warming Cucks ever short heating oil?Here is your chance. Stop watching BIll Nye for a few minutes and open some LEVERAGED shorts on Heating Oil. The science is settled right? Only an idiot would DENY this?
Go ahead!
(None of them actually do this when challenged because 1) They are broke Soy Boy's and 2) they know its not settled science