News
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FOMC Meeting Is Here! Will the Rate Riddle Be Solved?
EUR/USD Floats Below 1.0700. Near-Perfect Triple Bottom. Amid banking disasters, mergers, and near-saves, the US Dollar is showing seesaw price action and is getting ready for the first…
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The Banking Drama and Its Impact on the Crypto Pump
Bitcoin Breaks Through, Challenges 9-Month High Lately, the drama surrounding major banks has been wilder than a bull on roller skates, yet among all this, Bitcoin and altcoins…
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SVB Collapse Spells Trouble. Will the Fed Pause the Hikes?
CPI Ahead: Here’s Why This Release Is More Important Than Ever. The banking industry just took another hit: Silicon Valley Bank (SVB) collapsed and sent waves of fear…
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Bitcoin Dips Below $20K Amid Wave of Crypto Negativity
Silvergate Liquidation, Extra Tax for Miners, KuCoin Lawsuit. Despite a stellar start to 2023, Bitcoin’s recovery is once again stifled by the collapse of a crypto giant: Silvergate…
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NFP Ahead: Should We Get Ready for Another Surprise?
EUR/USD Rebounds. Will Powell’s Testimony Reveal New Rate Clues? It’s Non-Farm Payrolls week and usually, this means that we should prepare for some interesting swings and potential surprises.…
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Silvergate – Another Crypto Giant Bites the Dust?
Bitcoin Sheds More Than $1,400 In One Hour. Where to Next? Just when we thought that the effects of the FTX catastrophe are starting to go away, it…
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U.S. Inflation Still Stubborn. Eurozone CPI Up Next
The Greenback Prints New Highs, Reaches Key Support vs. the Euro. The Core PCE Price Index delivered yet another surprise last week by exceeding analysts’ forecast by a…
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The IMF vs. Crypto. The Claws Are Out…. But Why?
Bitcoin’s Pullback Is Underway. $25K Still a Target. In a statement released on February 23, the International Monetary Fund (IMF) made harsh remarks about cryptocurrency and called for…
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The Fed Is Still Hawkish. Could We See Another 50-bps Hike?
Thin Monday – U.S. Markets Closed, EUR/USD Lingers at Support The U.S. economy is still firing on all cylinders, as evidenced by last week’s inflation and retail sales…
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Bitcoin Fails to Break $25K After Picture-Perfect Bounce
El Salvador Spreads Crypto ‘Love’, Opens New Bitcoin Embassy. If you want to find a perfect example of how the principle of support and resistance works in trading,…
