At the end of June, we saw the BIGGEST crypto crash of all time.
Bitcoin hit $17,600.
This spooked a lot of investors and buyers out of not only Bitcoin but many other cryptos.
It got to the point where the overall crypto market value fell from $3 trillion down to less than $840 billion.
Luna lost over 99% of its value, Coinbase laid off 18% of its workers and Ethereum crashed from a hig... ››› more
The US consumer price inflation rate (CPI) for June 2022 was released last week, coming in at a shocking 9.1%. By comparison, the number for last year, June 2021, was 4.9%. And back then, this was seen as a huge problem. Remember, the US targets an inflation rate of just 2%.
That's the bad news. The good news is we're seeing definite signs the inflation rate is set to fall.
US gasoline price... ››› more
The US Fed is a main player in the world's financial system.
As the central bank of the world's largest economy, and thus the institution that controls the world's reserve currency, its rate decisions are always closely watched.
However, in the current high inflation environment, it takes on an extra level of significance. I would go as far as to say, that if you are looking to make any type... ››› more
Bitcoin hit my second target of $30,000 and as promised…
I have now written a new prediction analysis on where I think it's headed next.
But before I reveal the next prediction, let me bring you up to speed just in case you're not familiar with Bitcoin's price manoeuvres.
While crypto crashes and globa... ››› more
Have you seen the bloodbath the markets have been in lately?
We are entering a very dangerous period of trading.
World markets are down over 20% including SP500 & Nasdaq
US Markets are entering a recession and a potential crisis in on the way with the collapsing commodities.
Major Crypto currencies are down over 40% and Luna is down over 99%.
But I have to s... ››› more
Last year Jack Ma, the Alibaba Founder, gave a speech where he uttered a couple of very minor criticisms of the Chinese economic system. At the time of the speech, he was one of the richest and most famous people in China.
In addition, Alibaba was one of the largest companies not just in China, but the world. If that wasn't enough, he was set to list another giant, the Ant Group, which was the ... ››› more
I am a Bitcoin bull and generally expect major upside.
But today, the factors and chart I'm about to reveal might shock you.
What we know already is that companies like Tesla stopped Bitcoin transactions due to high energy costs. And countries like China are stopping Bitcoin transactions because of the lack of control.
But the main reason for the slump of bitcoin, right now, is due to ... ››› more
When crypto crashes, something interesting happens…
An army of naysayers rush from out of the woodwork with the usual “I told you so”.
And I'm not just talking about people on social media, or even friends. But also professors of economics and fund managers!
Even this Nobel prize-winning economist had a go…
Final reminder... ››› more
Over the course of 2018 the crypto market shed around $700 billion, or about 84% of its value. But while many were focused on the crypto crash, there was a major announcement in the crypto market that went unnoticed.
In July 2018, Switzerland's stock exchange announced it was building a fully integrated trading, settlement and custody infrastructure for digital assets.
Their g... ››› more
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