How Smart Investors Backtest a Crypto Trading Strategy Before Risking Capital

Former President Donald Trump has appointed Michael Selig as the new chair of the Commodity Futures Trading Commission (CFTC). Selig aims to enhance the regulatory framework for cryptocurrencies, which is crucial as the digital asset market continues to grow. His leadership could pave the way for clearer guidelines, fostering innovation while ensuring investor protection. This move is significant as it reflects the government's recognition of the importance of cryptocurrency in the financial landscape.

Gold prices have experienced significant fluctuations recently, reaching record highs of nearly $4,400 per ounce before a sharp decline of over 6% on October 21. This volatility has led to discussions among investors and analysts about the future of gold in the market. Goldman Sachs has revisited its price target for 2026, indicating that despite the recent downturn, there may still be potential for growth in the long term. Understanding these trends is crucial for investors looking to navigate the precious metals market.

Prenetics has launched a public offering aimed at funding its IM8 expansion and enhancing its bitcoin strategy. This move is significant as it not only reflects the company's growth ambitions but also its commitment to integrating innovative technologies like cryptocurrency into its business model. Investors are likely to view this as a positive step towards diversifying Prenetics' portfolio and increasing its market presence.

Grayscale has successfully completed a reorganization of its Ethereum Trust ETF, a move that is expected to enhance its operational efficiency and investor confidence. This reorganization is significant as it positions Grayscale to better navigate the evolving cryptocurrency landscape, potentially attracting more investors and solidifying its standing in the market.

Grayscale has announced an internal reorganization of its Ethereum Mini Trust ETF sponsor. This move is significant as it reflects the company's ongoing efforts to adapt and optimize its operations in the evolving cryptocurrency market. Such changes can impact investor confidence and the overall performance of the ETF, making it a noteworthy development for those following the crypto investment landscape.

Grayscale's Bitcoin Mini Trust ETF has successfully completed a sponsor reorganization, marking a significant step in its evolution. This reorganization is crucial as it enhances the trust's structure and could potentially attract more investors, reflecting growing confidence in cryptocurrency investments. As the market continues to evolve, such developments are vital for maintaining momentum and interest in Bitcoin and related financial products.

In the latest discussion on decision-making, the concept of 'Take Five' emphasizes the importance of pausing to evaluate choices before acting. This approach can significantly influence outcomes, making it a crucial strategy for both personal and professional scenarios. Understanding when to take a step back can lead to better decisions and ultimately, more favorable results.

SEI Investments has announced a significant increase in its stock repurchase program by $650 million, reflecting the company's strong financial position and commitment to returning value to its shareholders. This move is likely to boost investor confidence and may positively impact the company's stock price, making it an important development in the financial market.

In a surprising move, President Trump has announced a 10% increase in tariffs on Canadian goods, coinciding with a controversial advertisement that aired during the World Series. This decision is likely to escalate tensions between the two countries and could have significant economic implications, affecting trade relations and prices for consumers. As the situation unfolds, many are left wondering how this will impact the already strained U.S.-Canada relationship.

During his trip to Asia, Trump is focused on securing a deal with China's President Xi Jinping. This meeting is crucial as it could pave the way for improved trade relations between the two countries, which have been strained in recent years. A successful agreement could benefit both economies and signal a new era of cooperation.

A mysterious billionaire, known for supporting Trump, has made headlines with a remarkable $130 million donation aimed at paying troops during the government shutdown. This significant contribution is crucial as it addresses the financial strain on military personnel caused by the shutdown, highlighting the billionaire's commitment to supporting the armed forces in challenging times. Such actions not only provide immediate relief but also spark discussions about the role of private funding in public services.

Being part of an NBA player's entourage has always been an exciting experience, but now it could also provide a unique advantage in the world of gambling. As the lines between sports and betting continue to blur, insiders are finding that their close relationships with players can offer insights that might influence betting decisions. This trend highlights the evolving landscape of sports betting and raises questions about ethics and fairness in the game.

ExxonMobil has filed a lawsuit against California, challenging the state's new climate disclosure laws. This legal action raises significant concerns about transparency and accountability in the oil industry, especially as climate change becomes an increasingly pressing issue. The outcome of this case could set a precedent for how companies disclose their environmental impact, potentially influencing regulations across the country.

British Airways has decided to end its sponsorship of Louis Theroux's podcast following a controversial interview with Bobby Vylan, the lead singer of the band. The airline stated that the interview breached its policy on politically sensitive topics, highlighting the challenges brands face when navigating public discourse. This decision not only impacts the podcast's funding but also raises questions about the limits of corporate sponsorship in creative spaces.