[ad_1] Bitcoin and the S&P 500 Index have historically shown a near-perfect correlation with net liquidity, a key market metric that is often overlooked in market analysis. However, as of June 2023,…
Category: Macro
$450,000,000,000 To Exit US Banks As Treasury Kicks Off Massive Borrowing Spree: Morgan Stanley
[ad_1] Analysts from Morgan Stanley predict nearly half a trillion dollars will leave American banks as the US Treasury proceeds with plans to roll out new T-bills. Morgan Stanley expects $1.364 trillion…
A Quarter of Global Central Banks Plan To Increase Gold Reserves As They Grow More Pessimistic on US Dollar: Report
[ad_1] New data shows nearly a quarter of all central banks are looking to hedge against the US dollar by hoarding more gold. According to a survey by the World Gold Council,…
BRICS Leader Says Wave of Interest Incoming As Group Aligns Against US Dollar: Report
[ad_1] A group of economically aligned countries known as the BRICS is reportedly sifting through the spike in interest from countries seeking to join the coalition. The group, which is exploring launching…
Why NFT wash trading was up 126% in February
[ad_1] As the volume of NFT trades has steadily increased over the past four months, so have the levels of laundering trades, according to a new CoinGecko study. The company reported that…
BTC surges past $28,000 for first time since June
[ad_1] Bitcoin bulls are back, as the largest crypto token by market capitalization soars past $28,000 for the first time since June. The coin was trading at $28,399 as of 3:09…
Will market madness continue as Fed looks to hike rates?
[ad_1] As The NCAA March Madness gripping the US this week, market frenzy set in in the crypto world. Bitcoins and ether soared 35% and 25% even though turmoil continues to occur…
Bitcoin shines through banking failures, bailouts
[ad_1] Macro Highlights US inflation was too high for interest rate relief but largely in line with expectations The ECB raised a further 50bps taking their deposit facility rate to 3% Silicon…