Category: Federal Reserve

Bitcoin and crypto pop as US government acts to protect deposits

Everyone is talking about Silicon Valley Bank and Signature Bank. What might not be known is that these banks both have ties to the crypto industry. With government intervention, deposits at both institutions will be guaranteed, and more backstops and safety nets have been put into play from the Federal Reserve and the Treasury to… Read More »Bitcoin and crypto pop as US government acts to protect deposits

The post Bitcoin and crypto pop as US government acts to protect deposits appeared first on Equity.Guru.

Bitcoin and crypto pop as US government acts to protect deposits

Everyone is talking about Silicon Valley Bank and Signature Bank. What might not be known is that these banks both have ties to the crypto industry. With government intervention, deposits at both institutions will be guaranteed, and more backstops and safety nets have been put into play from the Federal Reserve and the Treasury to… Read More »Bitcoin and crypto pop as US government acts to protect deposits

The post Bitcoin and crypto pop as US government acts to protect deposits appeared first on Equity.Guru.

Major bitcoin and ethereum spill upcoming?

It was just a few weeks ago where I called the reversal in Bitcoin and other cryptos. Here is a video of me explaining the bottoming pattern and the breakouts on bitcoin and ethereum: Since that call, bitcoin has risen close to 20%, while ethereum has risen over 60%! The patterns that I look for… Read More »Major bitcoin and ethereum spill upcoming?

The post Major bitcoin and ethereum spill upcoming? appeared first on Equity.Guru.

Bitcoin hits our first target! Is $12,000 next?

After weeks of warning traders that bitcoin was going to dump hard because of a major technical break, the largest crypto has hit our first short target. $20,000 is a major zone people have been watching as it was the previous highs back in 2017. A picture is worth a thousand words, so the weekly… Read More »Bitcoin hits our first target! Is $12,000 next?

The post Bitcoin hits our first target! Is $12,000 next? appeared first on Equity.Guru.

Inflation sees the fastest increase since 1981!

Definitely not peak inflation. But my readers knew about that. The stock markets broke down on Thursday, leading many to say, “uh oh, tomorrow’s (Friday June.10th) inflation data is probably going to be bad”. And it was. Inflation accelerated in May, with prices rising 8.6%. The fastest increase since December 1981. This was more than… Read More »Inflation sees the fastest increase since 1981!

The post Inflation sees the fastest increase since 1981! appeared first on Equity.Guru.

Inflation sees the fastest increase since 1981!

Definitely not peak inflation. But my readers knew about that. The stock markets broke down on Thursday, leading many to say, “uh oh, tomorrow’s (Friday June.10th) inflation data is probably going to be bad”. And it was. Inflation accelerated in May, with prices rising 8.6%. The fastest increase since December 1981. This was more than… Read More »Inflation sees the fastest increase since 1981!

The post Inflation sees the fastest increase since 1981! appeared first on Equity.Guru.

Has bitcoin bottomed? Is a new uptrend beginning?

Bitcoin and cryptocurrency fans have a reason to celebrate. From a technical analyst perspective, the bottom has been confirmed. What happens in the next few days becomes highly important for bitcoin and the cryptocurrency space. Luna 2.0 has been the talk of the crypto space in recent weeks. Well, news today states that Luna2 surges… Read More »Has bitcoin bottomed? Is a new uptrend beginning?

The post Has bitcoin bottomed? Is a new uptrend beginning? appeared first on Equity.Guru.