Tag: fed

Bitcoin bounces at key support ahead of Fed decision.

This article will provide an update on the current technical set up on Bitcoin. Before we jump into the charts, let’s talk about some headlines making their way around mainstream financial media. The world’s largest cryptocurrency dropped to a one week low as traders and investors awaited CPI and the Fed decision. CPI for the… Read More »Bitcoin bounces at key support ahead of Fed decision.

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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.

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.