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NFP Surprises to the Upside Again. Is a March Cut Still On?

Jan. 08, 2024

The Buck Buckles Up for Inflation Data. CPI Ahead. Last week’s Non-Farm Payrolls report showed that the jobs market in the United States is stronger than expected, which could determine the Fed to postpone the rate cuts. Before the NFP release, the probability of a rate cut in March was around 90% but at the […]

ETF Approval Craze Reaches Boiling Point. Is It Today?!?

Jan. 05, 2024

Technical Take: Bitcoin’s Reaction to Possible SEC ETF Approval. Bitcoin ETF has been a hot topic for the last few months and there is growing anticipation on social media that the SEC may greenlight a spot BTC ETF this Friday, aka TODAY! This buzz has been partly sparked by a tweet from Grayscale’s chief legal […]

2023 Economic Recap: Taming Inflation and Avoiding Recession

Jan. 01, 2024

NFP Release: Setting the Stage for 2024. Inflation remained the highlight in 2023, just as it has been in 2022, but the Fed and the other central banks across the globe largely managed to tame it. The Federal Reserve led the charge in the fight against inflation, successfully curbing it by increasing the interest rate […]

From $16,486 to $44,729: A Year of Unprecedented Growth

Dec. 29, 2023

The Rise of Bitcoin in 2023: ETFs Lead the Charge. Since October, Bitcoin bulls have been dominating the market, pushing the “digital gold” to a 2023 high at $44,729, according to TradingView charts. Without a doubt, one of the main drivers of the rally has been the hype surrounding Bitcoin Spot ETFs and their impending […]

The Dollar’s Path Through the Final Trading Week of 2023

Dec. 25, 2023

Charting the Course: EUR/USD and the Battle at 1.1000 The greenback was on the retreat last week, with the Dollar Index (DXY) finishing at 101.70, which is the lowest dip since July 2023. The dollar drop was exacerbated by the Fed’s monetary policy pivot, which now makes rate cuts in early 2024 an almost sure […]

Argentina Officially Embraces Bitcoin for Contractual Use

Dec. 22, 2023

Breaking $45,000: Just a Tall Order or Impossible Ask? Argentina has made a ground-breaking move by officially approving the use of Bitcoin in contractual agreements. This marks a major step in the crypto-adoption worldwide and puts Argentina among the ranks of El Salvador and others that go all-in when it comes to embracing Bitcoin President […]

Fed’s Dovish Pivot Weighs on Dollar. PCE Data Ahead

Dec. 18, 2023

EUR/USD’s Bearish Signal: The Double Top. The greenback took a heavy hit last week, following the last Fed meeting of 2023, which brought new dovish insights into the Fed’s plans for rate cuts in 2024. Throughout last week, the US Dollar Index (DXY) dropped from a high of 104.262 to a low of 101.770 and […]

Fed Pivot Boosts Bitcoin: End of Rate Hikes

Dec. 15, 2023

Bitcoin’s Price Dynamics Post-Fed Shift. Bitcoin’s flash crash seen on Monday was almost completely erased as soon as the Fed announced the end of the rate hike cycle and the upcoming rate cuts. The Federal Reserve’s more accommodating stance positively influenced Bitcoin’s value, helping its recovery from the mentioned drop, where it lost over 5% […]

Year-End Focus: Fed & ECB’s Last 2023 Rates

Dec. 11, 2023

EUR/USD Technical Analysis: Key Levels and RSI Dynamics. It looks like the United States economy cannot be stopped by the Fed’s tight monetary policy, as evidenced by Friday’s jobs data which exceeded expectations yet again. The Non-Farm Payrolls (NFP) showed that 199K new jobs were created during the previous month (higher than the forecast 184K […]

Panic Buying Defies Overbought Levels, Sends BTC Close to 45K

Dec. 08, 2023

BTC/USD Bulls Cautious Ahead of Critical Non-Farm Payrolls Report.   After a massive surge that saw Bitcoin rise as high as $44,490, the market started to cool off, in part due to profit-taking but also due to increased caution generated by the upcoming US jobs report. Bitcoin whales have been an active driver of the […]