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Crypto Lull Before the Jackson Hole Storm?

Aug. 25, 2023

Santiment’s Insight: FUD Often Precedes a Price Surge. The OG cryptocurrency is atypically undecided, with the last 7 days showing a 1.47% loss, almost the same as Bitcoin’s movement over the last 24 hours: -1.50%. Ethereum, the second cryptocurrency by market cap is showing a very similar behaviour: -1.42% for the last 7 days and […]

The Dollar Finishes Fifth Bullish Week Ahead of Jackson Hole

Aug. 21, 2023

Powell & Lagarde’s Speeches: The Awaited Voices for FX Volatility. The greenback finished its fifth consecutive week of gains against major counterparts, marking the longest streak in 15 months, with FX traders showing strong interest in the safe-haven currency. The Dollar Index (DXY), which gauges the dollar against a group of six major currencies, is […]

Billion-Dollar Liquidation: Bitcoin’s Worst Sell-Off

Aug. 18, 2023

Elon Musk’s SpaceX in Spotlight: Real News vs. Fake News. The OG cryptocurrency – Bitcoin – took a nosedive Thursday, causing $1 billion of losses for leveraged traders. BTC/USD dropped to a 2-month low and most of the long positions were liquidated in what is the worst sell-off of the year thus far. Bitcoin dropped […]

U.S. Inflation Still a Major Concern. What’s Next for the Fed?

Aug. 14, 2023

EUR/USD’s Path amid FOMC Minutes, Retail Sales, and Confidence Indicators. Last week’s U.S. Consumer Price Index (CPI) came in at 0.2%, the same as the previous reading and in line with analysts’ expectations. The yearly reading dropped to 3.2% lower than the forecast of 3.3%. However, July’s PPI reading showed prices rising slightly faster than […]

A Big Week for Bitcoin ETFs: Major Players Eyeing Approval

Aug. 11, 2023

Major Level Comes into Play Once Again: $30K in the Spotlight. The world of finance is buzzing about Bitcoin ETFs, and some big names are right at the forefront! Companies like BlackRock, Bitwise, Van Eck, and Wisdomtree are all in the mix, each vying for that much-coveted approval. But one company, ARK 21Shares, might just […]

CPI Data Release: A Potential Game-Changer for the US Dollar

Aug. 07, 2023

Dollar Gains Erased: 1.1000 in Play Again. The latest job statistics from the United States, unveiled this past Friday, suggest a restrained potential for the US dollar to gain value. And considering the critical inflation figures expected to be announced this coming Wednesday, we might be in for a volatile week. On Friday, the US […]

Did Bitcoin Just Get Presidential Backing?

Aug. 04, 2023

Accumulation Underway: Whales Dominate 59.2% of BTC’s Supply. President Joe Biden appears to have unintentionally turned into a Bitcoin enthusiast favorite. This happened when a coffee mug he was seen holding in a video promoting his re-election campaign grabbed the crypto community’s attention due to its distinct design – Biden’s face with glowing red “laser […]

NFP Release: Potential Game Changer After a Dollar-Dominated Week

Jul. 31, 2023

EUR/USD at Crossroad. Economic Data Will Decide What’s Next. Last week, the US Dollar did pretty well against most of its major rivals, even though the Federal Reserve hiked the interest rate and didn’t provide much assurance about future tightening. At this time, it looks like the future course is largely dependent on economic data. […]

Bitcoin’s Flash Crash: The Calm Before the Storm?

Jul. 28, 2023

Exchange Inflows Grow. BTC/USD Hits Major Support Zone. Bitcoin underwent a flash crash on July 24, with its value taking a dive to $29,000. This downturn is believed to be due to Bitcoin whales possibly offloading their stakes. Glassnode, a blockchain analytics company, disclosed a peak in whales’ deposits to exchanges, marking a three-year high […]

Rate Week Is Here: Final Calls on the Horizon?

Jul. 24, 2023

Powell and Lagarde: Rate Projections Awaited. Every investor has been eagerly marking their calendars for this week: It’s when two of the world’s most powerful central banks are set to announce their newest policy directions. It’s anticipated that both the Federal Reserve and the European Central Bank will commit to a 25-bps hike (Wednesday and […]