Traditional markets have regulations to protect investors from unrecoverable losses, a Bank of England executive recently noted. Bank of England (BoE) deputy governor for financial stability, Jon Cunliffe, recommended forming a set of regulations — similar to conventional financial systems — to tackle risks within the cryptocurrenc ecosystem while improving...
i think this is headed for a terminal thrust or wave 5, and abc will correct on some support in the given lower ranges TLT. after seein all time highs, i believe the 10 year will fade if it enters weekly consolidation, and fails some break out level forming a false breakout of upper 90% range. TLT is on watch for bullish divergence macd, stoch, rsi monthly
Given the growing interest in crypto adoption as a legal tender, it’s not shocking that many participants will wish to legalize bitcoin. The level of support for crypto was evident in a new survey conducted by The Economist. This survey aimed to know the number of people who want their governments to legalize crypto. The number of respondents was 14,000, and the...
According to Michael Hsu, representatives from the crypto industry as well as within the U.S. government could work toward setting standards on stablecoins. Michael Hsu, the acting head at the United States Office of the Comptroller of the Currency, said stablecoins need standards comparable to the early internet. In a written statement following his appearance...
"While Russia uses tanks to destroy Ukraine, we rely on revolutionary blockchain tech," said the country's minister of digital transformation Mykhailo Fedorov. The Ministry of Digital Transformation in Ukraine has started an online nonfungible token museum aimed at preserving the timeline of major events starting with the Russian military invading the...
Self explanatory. Inflation is always a monetary phenomena...Milton Friedman
This chart shows the difference between the percent of federal tax receipts used to pay interest on the national debt (currently around 20% of tax receipts) and the FEDFUNDS rate. This difference has been growing through the years as the debt grows larger and people are less willing to buy treasuries at low interest rates. Even with historically low interest rates...
This chart attempts to show the ratio between the percent of federal tax receipts used to pay interest on the national debt (currently around 20% of tax receipts) and the FEDFUNDS rate. This ratio has been growing through the years as the debt grows larger and people are less willing to buy treasuries at low interest rates. Even with historically low interest...
Bitcoin breaks above old support at $40,000 and is holding. This is showing that it may be ready to make another run for it. $53k is real resistance and we need to be watching that. If we break hard to the downside off $53k then we may have just triggered our next huge sell-off into that $30k range. The best thing would be $40k remains as support and I don't think...
Personally I find it disgusting that there is a central entity out there with enough control over this space to pull the rug which equates to the GDP of dozens of countries within a half an hour/ with no regulation to back any of it up... Being sold Tether by some entity which has nothing to back it up while the US government does nothing to regulate it... It...
Looking at the Trend line, it looks like the current financial system might be close to its very end. Put into perspective of the massive Accumulation of the whole Crypto Market, it makes sense for every single investor to stray away from traditional finance. Hyperinflation comming?
Gavin Newsom has been bragging about CA's $31B surplus this year but we know that the state has been struggling for a while now. A locked-down economy and people/jobs leaving the state will kind of do that. CA owes the Feds $21B in unemployment debt, btw. www.sacbee.com Looking at the budget closer, you'll see that they gave educational institutions a modest...
In this video: * I discuss what the crypto market might be waiting for * On Monday, we must observe the stock market's reaction to this news item * The stock market's reaction and confluent price action will likely spill over into the crypto market
3T6 MONTH SWING TRADE SMGR! BUY IF BREAK AND CLOSE ABOVE 8500! SUPPORT = 7675 and CL IF CLOSE <7675! SMGR or PT Semen Indonesia Tbk, commonly known as Semen Indonesia Group, is an Indonesian cement company established in 1957 in Gresik, with the name NV Semen Gresik. In 1991, PT Semen Gresik was the first state-owned company to go public on the Indonesia...
Respected Traders, Hope you're all doing well and made fat money in this bull run in the stock market. Finally I have got a great news for you. Make 1M+ dollars. News: S&P 500, DOW Jones, Russel 3000 crashes on 30th October 2022. This in turn will bring the whole crypto market and the global stock market to crash as well. Although we could see weakness starting...
Here's my take on the multiple outcomes the job market. Looking at the REAL data, not the bullshit cooked numbers of the labor bureau ! The U6 numbers are the closest one to the reality. So these are the ones we'll study here along with interest rates, market valuations and growth potential.
1. Is CXW breaking long term downtrend? Trend reversal? 2. Is it going to be an effective bell curve and breakout? 3. Can fundamental sustain and support the Technical Analysis?