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Bitcoin Surges to record high; Crypto ETF demand Bitcoin reaches new all-time high as halving nears... Bitcoin ETF volumes surge Bitcoin price rises above $69,000 (2024-03-05) With trading volumes in Bitcoin spot ETFs surging, it appears that demand for Bitcoin ETFs is starting to drive the price of Bitcoin. Currently, Bitcoin ETFs have seen an estimated $7 billion in inflows since their launch, with bullish sentiment likely driven by the halving effect (a reduction in Bitcoin supply). The overall market value of digital assets, including bitcoin, has risen to around $2.6 trillion. BTC/USD: stockcharts.com Given the high volatility of the Bitcoin price, please apply this to your investments. Bitcoin is classified as an ultra-high-risk asset, meaning it is highly volatile. Bitcoin price has returned over +50% year-to-date (YTD, 2 months and 5 days). Bitcoin-related ETFs listed on U.S. exchanges can be summarized as follows; (GBTC) Grayscale Bitcoin Trust ETF (IBIT) iShares Bitcoin Trust...

Recommended ETF Portfolio, March 2024 THOTH EMP; THOTH ETF Model Portfolio See THOTH Investment's recommended US-listed ETF portfolio for March 2024. THOTH Investment has designed the portfolio by following global economic and financial investment news to select ETFs that are suitable for investment. The above ETF portfolios are subject to investment risk, and we are not responsible for the risks of investing in them. Link:  MAR2024_THOTH_EMP The ETF portfolio is centered on US large-cap stocks ( QRFT, AMOM, FLOW ), with the MPAY ETF serving as a safe haven to manage volatility. Invest in the future of manufacturing innovation with the BOTZ ETF, which invests in both artificial intelligence technology stocks (software) and robotics stocks (hardware). The above ETF portfolios are suitable for investing in US 401Ks, Canada RRSPs, and TFSAs. Powered by, THOTH Investment Support the THOTH Newsroom

Elon Musk files lawsuit against OpenAI and Sam Altman Elon Musk, "OpenAI should remain nonprofit or become an independent company." San Francisco Superior Court filing, "OpenAI has become a closed subsidiary of Microsoft." Claims Tesla CEO Elon Musk has filed a lawsuit against OpenAI and Sam Altman. In the lawsuit, filed in San Francisco Superior Court, Elon Musk alleges that "OpenAI breached its nonprofit agreement, contrary to its founding goal of being a nonprofit corporation dedicated to advancing artificial intelligence technology for the benefit of humanity." he claimed. Elon musk files lawsuit against OpenAI and Sam Altman Elon Musk helped found OpenAI in 2015 as a response to Google's ongoing AI research, and donated more than $44M to the organization between 2016 and 2020. Elon Musk's lawsuit against OpenAI and Sam Altman has gotten the World's attention. Elon Musk and Sam Altman are expected to develop and control some of the World...

March 1st Movement day Korean Independence movement The Korean Empire became a colony of the Japanese Empire in 1910, and on March 1, 1919, the people of the Korean Peninsula launched a peaceful independence movement, which is still celebrated today as a national holiday in South Korea. The Preamble to the Constitution of the Republic of Korea states that today's Republic of Korea continues the legal system of the Provisional Government of the Republic of Korea, which was established in the spirit of the March 1 Movement. In 1919, news broke that Emperor Gojong of the abolished Korean Empire had been poisoned, and the independence movement was organized around his funeral day(March 1). March 1st Movement 3.1 The Movement took place across the Korean Peninsula and around the world where Koreans lived, and it led to the birth of the Provisional Government of the Republic of Korea. Later, the Provisional Government of Korea organized anti-Japanese independence movements centered in th...

U.S. PCE inflation data shows inflation stabilizing... a green light for rate cuts later this year January 2024, core PCE index 0.4% ... up 2.8% yoy The US Federal Reserve's benchmark interest rate decision is driven by inflation (Personal Consumption Expenditures (PCE)) and employment data (with a focus on the unemployment rate), with PCE inflation and the unemployment rate driving the larger picture. The U.S. Fed focuses on the central bank's mandate of price stability and prioritizes price stability over economic growth in determining monetary policy. This is a common mandate for all major central banks around the world, most of which have a target inflation rate of 2.0%. Bureau of Economic Analysis (YoY)PCE, PCE(*excluding food and energy) prices fall for 5th consecutive month ... inflation stabilizes (MoM)PCE, PCE(*excluding food and energy prices) inflation up slightly Year-over-year, inflation has been relatively stable and is approaching the US Federal Reserve's 2% ...

Apple scraps Apple Car ... but not completely? Apple Car Project "Titan" Is Dead in the Water... Apple to Focus on AI Apple Car, not a complete give-up? There's a lot that's been said about the Apple Car abandonment, so we thought we'd share our thoughts. Let's start with what's been reported. Apple (AAPL: US) has been working for the past decade to bring Apple Car to market. The Apple Car development project was called Titan, and it was done through a Special Project Group. Apple COO Jeff Williams and Apple VP Kevin Lynch have notified employees working on the Apple Car development project of the decision to disband the group and will reportedly reassign them to the generative AI division within Apple. The Apple Car was slated to launch in 2025 and reportedly included the development of semiconductor chips for autonomous driving, autonomous driving software, and more. Has Apple really given up on the Apple Car? - Apple wanted to be king of all the compute...

Welcome. I'm Winston Seong, Editor of THOTH Newsroom. THOTH Newsroom is the news division of THOTH Investment, based in Seoul, South Korea. THOTH Newsroom specializes in global economic and financial investment information, as well as economic and security issues, and Korean economic, financial, and diplomatic security issues. THOTH Newsroom plans to provide a portfolio of ETFs suitable for investment based on the news, and please refer to it for investment. THOTH Newsroom is operated through donations. We kindly ask for your subscription and donation. Thank you. Wintson Seong, Founder/CEO, THOTH Investment