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Cryptocurrencies

“Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024”

“…Ripple’s Brad Garlinghouse told CNBC he expects the entire value of the crypto market to double, citing macro factors including the arrival of the first U.S. spot bitcoin exchange-traded funds, as well as the upcoming so-called bitcoin “halving.”…” https://www.cnbc.com/2024/04/08/ripple-ceo-crypto-market-to-double-in-size-to-5-trillion-in-2024.html

Energy

“OPEC+ bows to pressure and agrees to increase size of oil output hikes by 50%”

“OPEC+ will increase the size of its oil-supply hikes by about 50 per cent, bowing to months of pressure from major consumers including the U.S. to help ease the pain of high energy prices. Ministers agreed on Thursday that the… Continue Reading…

Stocks

“Robinhood Has the Worst Debut Ever for IPO of Its Size”

“Shares in the broker behind the meme-stock revolution fell 8.4% below the IPO price in the company’s first trading session. That’s the worst debut on record among 51 U.S. firms that raised as much cash as Robinhood or more, according… Continue Reading…

Economy

“China’s economy could double in size by 2035 — and surpass the U.S. along the way”

“China stands a good chance of doubling the size of its economy by 2035 — and surpassing the U.S. as the world’s largest economy along the way, said an economist from the Bank of America. As China seeks to become an advanced… Continue Reading…

Economy, Real Estate

“Average U.S. mortgage size hits record-high $354,500 -MBA”

“The average size of mortgages U.S. consumers were looking to obtain to buy a home or to refinance one hit a record high of $354,500 last week, suggesting resilience in the higher end of the housing market, the Mortgage Bankers… Continue Reading…