Category: Macroeconomics

SEC Lawsuits Against Binance and Coinbase: A Damning Indictment of the Cryptocurrency Concept?

In an unprecedented move signaling increased scrutiny of the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has filed lawsuits against leading crypto exchanges, Binance and Coinbase. Allegedly, both exchanges knowingly violated securities laws, prompting the debate: is the entire concept of cryptocurrency fundamentally flawed, or even a sham? The SEC contends that Binance,… Read More »SEC Lawsuits Against Binance and Coinbase: A Damning Indictment of the Cryptocurrency Concept?

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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!

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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!

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Crypto Meltdown! What Comes Next for Bitcoin and Ethereum?

What a weekend for cryptocurrencies. Major sell offs during the weekend. Zerohedge discussed leverage traders getting smashed and flushed out: Then at midnight into the early hours of Saturday morning, during the traditionally illiquid Asian session when things normally go splat in the night for cryptos as one or more super levered Asian momentum chasers… Read More »Crypto Meltdown! What Comes Next for Bitcoin and Ethereum?

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Chart Attack: Wellfield Technologies (WFLD.V) Goes Public. Watch the Crypto Charts for IPO Strength.

This Chart Attack is going to be a bit different. Because the company in question, Wellfield Technologies (WFLD.V) goes public TODAY. Yes, that’s right, no chart to talk about, but I will treat this as I do all my other IPO’s: give the stock some time to establish highs and lows, and then some support… Read More »Chart Attack: Wellfield Technologies (WFLD.V) Goes Public. Watch the Crypto Charts for IPO Strength.

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Ethereum Hits New Highs as Ethereum 2.0 Inches Closer! Next Upside Targets Revealed!

Ethereum hit new record all time highs last week (be prepared to hear ‘new record all time highs’ a few more times pertaining to Ethereum) as the crypto took another step closer to the highly anticipated Ethereum 2.0. I don’t think too many people know that this major fundamental event took place on the Ethereum… Read More »Ethereum Hits New Highs as Ethereum 2.0 Inches Closer! Next Upside Targets Revealed!

The post Ethereum Hits New Highs as Ethereum 2.0 Inches Closer! Next Upside Targets Revealed! appeared first on Equity.Guru.

Ethereum Hits New Highs as Ethereum 2.0 Inches Closer! Next Upside Targets Revealed!

Ethereum hit new record all time highs last week (be prepared to hear ‘new record all time highs’ a few more times pertaining to Ethereum) as the crypto took another step closer to the highly anticipated Ethereum 2.0. I don’t think too many people know that this major fundamental event took place on the Ethereum… Read More »Ethereum Hits New Highs as Ethereum 2.0 Inches Closer! Next Upside Targets Revealed!

The post Ethereum Hits New Highs as Ethereum 2.0 Inches Closer! Next Upside Targets Revealed! appeared first on Equity.Guru.