The head of Hong Kong’s City University, Professor Freddy Boey Yin Chiang, has resigned with immediate effect for personal reasons, leaving his post two years earlier than expected. The university expressed its gratitude to Boey, a Singaporean, for his contributions to CityU during his three years as president. “The executive committee of the [university’s] council has appointed provost and deputy...
The head of Hong Kong’s City University, Professor Freddy Boey Yin Chiang, has resigned with immediate effect for personal reasons, leaving his post two years earlier than expected. The university expressed its gratitude to Boey, a Singaporean, for his contributions to CityU during his three years as president. “The executive committee of the [university’s] council has appointed provost and deputy president Professor Lee Chun-sing as acting president with immediate effect to ensure continued...
Getty Images The four-year cycle is mutating. Volatility is compressing, returns are shrinking, and the old playbook no longer fits. But behind the surface, institutions are building positions through ETFs, equity, and preferred stock. Meanwhile, on-chain LTH supply is rising again and shorts remain under pressure. The Mutating Cycle: What Institutions Are Telling Us The Four-Year Cycle Is Mutatin...
Getty Images The four-year cycle is mutating. Volatility is compressing, returns are shrinking, and the old playbook no longer fits. But behind the surface, institutions are building positions through ETFs, equity, and preferred stock. Meanwhile, on-chain LTH supply is rising again and shorts remain under pressure. The Mutating Cycle: What Institutions Are Telling Us The Four-Year Cycle Is Mutating Measured from the April 2024 halving, Bitcoin's ( BTC-USD ) current cycle has dramatically underperformed every prior epoch. The 2012 cycle delivered roughly 9,300% in gains, the 2016 cycle around 2,950%, and the 2020 cycle about 760%. By contrast, the rally from the fourth halving peaked at roughly 97% above the halving-day price, an order-of-magnitude step down from any predecessor. Source: Alex Thorn This is not just a matter of smaller percentage moves on a larger base. The 30-day realized volatility tells a parallel story: 2020 cycle peak: 9.64% 2024 cycle peak: 3.11% Current reading: 1.75% Drawdowns are compressing as well. Previous bear markets routinely saw 80–90% peak-to-trough declines, whereas the current cycle's deepest retracement from its all-time high above $125,000 to roughly $60,000 represents a drawdown just above 50%. Each successive halving cycle is delivering lower volatility, shallower drawdowns, and smaller upside. These are signature traits of an asset class maturing and absorbing deeper pools of institutional capital. What makes this cycle structurally different is that Bitcoin broke to a new ATH before the halving, not after. In every prior cycle, the halving occurred while Bitcoin was still well below the previous peak. In this cycle, the approval of U.S. spot Bitcoin ETFs in January 2024 pulled the breakout forward, with BTC surpassing its prior high before the halving even took place. Source: Cointelegraph This front-running of the supply event reshuffled the cycle's internal clock. If the top was pulled forward, why not the bottom? Scenario A...
HK Electric, the smaller of Hong Kong’s two electricity suppliers, will cut fuel surcharges for customers in May but has warned that costs could significantly rise later in the year due to the impact of the conflict in the Middle East. The company said on Friday that its fuel clause charge for May will fall by 4.4 HK cents per kilowatt-hour to 26 HK cents per kWh, from 30.4 HK cents in April, citi...
HK Electric, the smaller of Hong Kong’s two electricity suppliers, will cut fuel surcharges for customers in May but has warned that costs could significantly rise later in the year due to the impact of the conflict in the Middle East. The company said on Friday that its fuel clause charge for May will fall by 4.4 HK cents per kilowatt-hour to 26 HK cents per kWh, from 30.4 HK cents in April, citing a deferred effect under the monthly adjustment mechanism based on January’s average fuel costs....
Palantir Stock Investors Just Got Good News from President Trump and the U.S. Government The Motley Fool Palantir Technologies (PLTR) Stock Is Up, What You Need To Know Yahoo Finance Palantir: AI No Longer A Differentiator (NASDAQ:PLTR) Seeking Alpha
Palantir Stock Investors Just Got Good News from President Trump and the U.S. Government The Motley Fool Palantir Technologies (PLTR) Stock Is Up, What You Need To Know Yahoo Finance Palantir: AI No Longer A Differentiator (NASDAQ:PLTR) Seeking Alpha
Former Manchester City player is relishing semi-final meeting with his former club after scoring goal that knocked out Arsenal In the seconds after Southampton disposed of Arsenal to tee up an FA Cup semi-final with Manchester City, a camera operator scooted on to the St Mary’s pitch and got to work on locating the match-winner. As the crowd swayed to the sound of Doris Day’s Que Sera, Sera, anoth...
Former Manchester City player is relishing semi-final meeting with his former club after scoring goal that knocked out Arsenal In the seconds after Southampton disposed of Arsenal to tee up an FA Cup semi-final with Manchester City, a camera operator scooted on to the St Mary’s pitch and got to work on locating the match-winner. As the crowd swayed to the sound of Doris Day’s Que Sera, Sera, another lasting image was born. In between high-fiving and embracing teammates, Shea Charles tilted his head and turned towards the camera, raising his eyebrows a little with a playful ‘how-about-that-then?’ expression. It was a snapshot that snowballed into a viral meme, viewed by millions on social media, and a couple of days later Southampton asked their players to recreate the moment. “I just looked at the camera as if I was looking at my mates down the lens,” Charles says. “I’ve seen it’s gone all over.” Continue reading...
Although artificial intelligence (AI) is Wall Street's largest addressable opportunity, it's not the only technological leap forward capturing the attention and capital of Wall Street and investors. The advent of quantum computing is also turning heads. Over seven trading days (from the closing bell on April 9 through the close on April 20), shares of pure-play quantum computing stocks IonQ (NYSE:...
Although artificial intelligence (AI) is Wall Street's largest addressable opportunity, it's not the only technological leap forward capturing the attention and capital of Wall Street and investors. The advent of quantum computing is also turning heads. Over seven trading days (from the closing bell on April 9 through the close on April 20), shares of pure-play quantum computing stocks IonQ (NYSE: IONQ) , Rigetti Computing (NASDAQ: RGTI) , and D-Wave Systems (NYSE: QBTS) soared by 72%, 37%, and 56%, respectively. Image source: Getty Images. Continue reading
Senator Steve Daines will lead a bipartisan US Congressional delegation to China next week, just ahead of a visit by President Donald Trump. The five-member group will arrive on May 1 and visit Beijing and Shanghai, the South China Morning Post reported, citing unidentified people familiar with the matter. The delegation will include first-time visitors to China, the report said, without elaborati...
Senator Steve Daines will lead a bipartisan US Congressional delegation to China next week, just ahead of a visit by President Donald Trump. The five-member group will arrive on May 1 and visit Beijing and Shanghai, the South China Morning Post reported, citing unidentified people familiar with the matter. The delegation will include first-time visitors to China, the report said, without elaboration. Daines, a Trump ally, said last month that he planned to take a group to China to explore the...
(Bloomberg) -- Tesla Inc. has started manufacturing its Cybercab robotaxi, Chief Executive Officer Elon Musk said Friday in a post on his social media site X, fulfilling a long-promised launch at a time when the company’s global sales have slumped.Most Read from BloombergUS Reduces Marijuana Restrictions in Lift to Ailing IndustryMeta Tells Staff It Will Cut 10% of Jobs in Push for EfficiencyAnthr...
(Bloomberg) -- Tesla Inc. has started manufacturing its Cybercab robotaxi, Chief Executive Officer Elon Musk said Friday in a post on his social media site X, fulfilling a long-promised launch at a time when the company’s global sales have slumped.Most Read from BloombergUS Reduces Marijuana Restrictions in Lift to Ailing IndustryMeta Tells Staff It Will Cut 10% of Jobs in Push for EfficiencyAnthropic’s Mythos Model Is Being Accessed by Unauthorized UsersInside Alex Cooper’s Unwell: Tears, Screa