Treasury Yields are Plunging Again as JPMorgan Warns of ‘Overbought’ Stock Market

10-year Treasury yield approaches three-week low. Stocks slip from record highs but remain well supported. JPMorgan analyst warns that the stock market is “overbought,” but isn’t advising investors to sell just yet. U.S. government debt yields extended their slide on Wednesday, as China trade tensions and fears of an overvalued stock market drove investors into…

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Galaxy Digital CEO Michael Novogratz to Offer “Cheap” Bitcoin Funds

Michael Novogratz will be launching two different bitcoin funds. Novogratz wants to bring “the wealth of America” into the crypto market. The new funds would offer cheaper services than what competitors are offering. Galaxy Digital Holding CEO Michael Novogratz is launching two bitcoin funds that target accredited and institutional investors who have been waiting on…

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Bitcoin-Friendly Singapore Considers Approving Crypto Derivatives Trading

Singapore has released the consultation paper on the proposed Bitcoin derivatives. Retail investors might not be allowed to trade in the crypto products. The Monetary Authority of Singapore says the move is driven by demand. Singapore’s central bank could soon authorize the trading of derivatives referencing cryptocurrency assets such as Bitcoin and Ethereum. As part…

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