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Tag: #commodities · 9 posts
Posted Apr 10
🚀 Commodities to Outshine Stocks Amid Geopolitical and Economic Turmoil, Says Bank of America Strategist Bank of America strategist Michael Hartnett has indicated that investors should pivot towards the commodities market in the coming years, as this asset class is poised to benefit from global geopolitical and macroeconomic instability. According to Jin10, the ongoing Middle East conflicts and the race in artificial intelligence have heightened concerns over supply chains. Governments worldwide are striving to curb the soaring prices of energy and other natural resources, which impact industries and consumers, while also ensuring the supply of critical minerals like rare earths, essential for manufacturing and technology. Hartnett suggests that for the remainder of this decade, commodities will replace stocks as the primary choice for investors seeking to hedge against risks, inflation, and a weakening dollar. This shift is expected as investors move away from equities in favor of commodities, which are anticipated to become the biggest winners in the "buy anything but bonds" trade. The strategist also notes that excessive fiscal expansion could lead to more frequent bear market rallies in government bonds rather than sustained bull markets. #Commodities#Stocks#Geopolitics#Macroeconomics#Investment#Inflation#Energy#RareEarths#SupplyChain#AI#FiscalPolicy#MarketTrends
Posted Apr 10
🚀 Australia Delays Resource and Energy Report Amid Volatility Australia's government has postponed the release of its 'Resources and Energy Quarterly' report due to extreme volatility caused by the U.S. and Israel's conflict with Iran, according to a government spokesperson on Friday. The report, initially scheduled for release at the end of March, will now be published by the end of June. According to Jin10, the report, issued by the Office of the Chief Economist, provides a three two-year outlook and a five-year macroeconomic forecast for the country's major mineral and energy exports. It typically includes historical, current, and projected export volumes and values of key commodities, analyzing global demand drivers and new demand sources. These forecasts are crucial for the federal budget, which is expected to be released in May. Recent surges in oil prices are anticipated to significantly boost Australia's liquefied natural gas (LNG) revenue, as over 75% of LNG exports are linked to oil prices with a typical lag of three to six months. Remaining spot cargoes are being sold at record prices, although rising diesel prices are increasing production costs for some miners. The revenue surge has led some groups to call for a 25% tax on LNG 'windfall profits.' Last month, reports indicated that the country's treasury was examining related tax measures, but the government has yet to confirm any plans. #Australia#Energy#Resources#LNG#OilPrices#Economy#Government#Export#Commodities#Forecast#Macroeconomics#Tax
Posted Apr 9
🚀 PRECIOUS METALS | Spot Gold and Silver Open Slightly Higher, WTI Crude Oil Rises Spot gold and silver prices opened slightly higher on Friday, alongside an increase in WTI crude oil prices. According to Jin10, the futures for the three major U.S. stock indices showed a slight decline. This movement in the commodities market comes amid ongoing global economic uncertainties, influencing investor sentiment and market dynamics. The fluctuations in precious metals and crude oil prices are closely watched by traders and analysts, as they reflect broader trends in the financial markets. #preciousmetals#gold#silver#WTI#crudeoil#economy#commodities#globaluncertainty#financialmarkets#trading#investors
Posted Apr 9
🚀 PRECIOUS METALS | Gold and Silver Prices Rise, Brent Crude Oil Declines Gold prices have surged, reaching $4,800 per ounce, marking a 1.71% increase. According to Odaily, silver also experienced a significant rise, climbing by $2.00 to $76.10 per ounce, a 2.70% increase. In contrast, Brent crude oil saw a decline of over 1.00%, currently priced at $93.47 per barrel. #gold#silver#preciousmetals#brentcrudeoil#oilprices#marketupdate#commodities
Posted Apr 9
🚀 Tokenized Perpetual Swaps Reach $30.7 Billion in Weekly Volume Tokenized perpetual swaps linked to traditional assets have seen significant growth, reaching a weekly volume of $30.7 billion by the end of March, according to NS3.AI. This figure represents 1.72% of the total crypto derivatives market. The surge was primarily driven by commodities, with total weekly volume across these contracts peaking at $54.5 billion during the metals rally in February. #TokenizedSwaps#PerpetualSwaps#CryptoDerivatives#Commodities#MetalsRally#CryptoTrading#NS3AI#WeeklyVolume#FinancialMarkets#DigitalAssets
Posted Apr 9
🚀 Oil Trading Volume Surpasses Bitcoin for the First Time On April 9, official data from Hyperliquid revealed that the combined trading volume of WTI and Brent oil has surpassed that of Bitcoin for the first time. According to BlockBeats, Bitcoin's trading volume reached $2.29 billion, while WTI crude oil recorded a trading volume of $1.68 billion and Brent crude oil reached $770 million. #OilTrading#Bitcoin#WTI#BrentCrude#TradingVolume#Crypto#Commodities#BTC
Posted Apr 9
🚀 Whale Adjusts Investment Strategy Across Major Markets On April 9, a significant investor, known for substantial positions in three major markets, closed all long positions in WTICRUDE and BRENTOIL, according to BlockBeats. Previously, the combined holdings in these oils exceeded $14.1 million, resulting in a loss of over $3.9 million upon closure. Following this, the investor opened a short position in WTICRUDE at an average price of $92.3, with a current scale of $9.3 million and a liquidation price of $117.6. This adjustment has led to the following main positions across the three markets: In U.S. stocks, the investor holds long positions in the Nasdaq 100 and S&P 500, with a scale of $38.1 million and an unrealized profit of $430,000. In the cryptocurrency market, the investor maintains a long position in Bitcoin, with a scale of $12.05 million at an average price of $6,540, resulting in an unrealized profit of $30,000. In commodities, the investor's short position in WTI crude oil stands at $9.3 million, with an unrealized loss of $290,000. The address associated with these transactions is 0x8af700ba841f30e0a3fcb0ee4c4a9d223e1efa05. #Investment#MarketStrategy#WTICrude#BrentOil#USStocks#Nasdaq100#SP500#Bitcoin#Cryptocurrency#Commodities#Trading#Blockchain#BlockBeats#BTC
Posted Apr 9
🚀 Wheat Futures Rise Amid US-Iran Ceasefire Concerns Wheat futures have experienced an upward trend due to increasing concerns over the stability of the ceasefire agreement between the United States and Iran in the Middle East. Bloomberg posted on X, highlighting the market's reaction to geopolitical tensions that could impact agricultural trade routes and supply chains. Traders are closely monitoring developments as any escalation could further influence commodity prices. The fragile nature of the ceasefire has led to uncertainty in the market, prompting investors to reassess their positions in wheat futures. Analysts suggest that continued instability in the region may lead to further price fluctuations, affecting global agricultural markets. #wheat#futures#US#Iran#ceasefire#geopolitics#commodities#agriculture#markets#trade
Posted Apr 9
🚀 Mizuho Securities: Government Subsidies to Mitigate Japan's Energy Cost Impact Amid Middle East Conflict Mizuho Securities economists have indicated that despite the significant upward pressure on oil prices due to the Middle East conflict, government subsidies are expected to largely offset the impact on Japan's energy costs. According to Jin10, the economists noted that the effects on commodities, particularly food, will gradually become apparent, with inflation in these categories anticipated to peak between the spring and summer of 2027, implying a lag of four to six quarters. They further stated that due to the expected time required for securing the safety of the Strait of Hormuz and the full normalization of transportation, crude oil prices are likely to remain high in the short term. #Japan#EnergyCosts#MiddleEastConflict#OilPrices#GovernmentSubsidies#Inflation#Commodities#StraitOfHormuz#CrudeOil#EconomicImpact#MizuhoSecurities