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Bitcoin ETFs: A Tale of Caution and Optimism

Jan. 19, 2024

BTC/USD – Buy the Rumor, Sell the News? Ever since it caught the public’s eye, Bitcoin has been a polarizing subject, with harsh critics on one side and vocal adopters on the other. Now that Bitcoin ETFs are approved, the bickering will continue, despite the nod of approval that the Crypto King just received. Jamie […]

Persistent Inflation: Will It Deter a March Rate Cut?

Jan. 15, 2024

EUR/USD Technical Overview: A Choppy Start to 2024. Although last week was relatively lackluster in terms of economic releases, two indicators made the headlines and gave mixed signals regarding inflation in the U.S. The yearly Consumer Price Index (CPI) jumped from the previous 3.1% to 3.4%, while the monthly figure increased by 0.3% (previously 0.1%). […]

2024’s First Major Financial Shift: Spotlight on Bitcoin ETFs

Jan. 12, 2024

A Wild 2024 Begins: The Good, The Bad and The Ugly. On Wednesday, the financial world witnessed a significant shift as the SEC approved 11 spot Bitcoin ETFs. The greenlighted funds hail from notable firms like Bitwise, Grayscale, Hashdex, BlackRock, Valkyrie, BZX, Invesco, VanEck, WisdomTree, Fidelity, and Franklin Templeton. The Good U.S. investment app Robinhood […]

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 […]