tradersdna

6 days ago | tradersdna.com | Himani Verma

How do these ancient systems thrive without money or markets? And what can modern businesses learn from them? Dive into the fascinating mechanics of the traditional economy, where culture drives commerce, and survival meets sustainability. A traditional economy is an economic system where customs, history, and long-established beliefs shape the production, distribution, and consumption of goods and services. These economies are typically small, close-knit, and rooted in community values.

1 week ago | tradersdna.com | Himani Verma

The increased use of cryptocurrency can be ascribed to the rise in crypto wallet usage. The number of crypto wallet users worldwide reached 84.02 million in 2022, up from 76.32 million in 2021. The number of cryptocurrency purchasers is more than before. Cryptocurrency wallets are essential tools for storing, managing, and transacting digital assets.

1 week ago | tradersdna.com | Himani Verma

Ethereum is becoming increasingly deflationary due to network scaling on Layer 1 and Layer 2, rising ETH burn rates, and 30% of its supply locked in staking. As onchain activity grows and DeFi adoption expands, demand for ETH strengthens. These factors position Ethereum as a scarce, utility-driven digital asset with long-term potential as a store of value. Ethereum, the world’s largest smart contract platform, continues to evolve beyond its original parameters.

2 weeks ago | tradersdna.com | Shikha Negi

Saxo UK’s May Client Trends Report reveals a generally optimistic market sentiment as retail investors continue to focus on equities, with significant interest in major US stocks such as Alphabet, Amazon, and Berkshire Hathaway. While UK clients remain positive, sectors like Rolls-Royce, Shell, and Marks & Spencer saw continued buying activity. Despite strong equity momentum, gold remains a popular hedge, reflecting ongoing investor caution.

2 weeks ago | tradersdna.com | Himani Verma

Robinhood is expanding into Europe with blockchain-based systems to enable 24/7, low-cost trading of US stocks for retail investors. This move aligns with pro-crypto policies in the US, aiming to democratise stock trading. The company’s success depends on its blockchain infrastructure choice and building trust with European investors as regulations evolve, paving the way for global growth.