Major event warning Previous ⭑⭑⭑ Silvergate discontinued SEN services which allowed institutions to move money to crypto exchanges 3-7 Tuesday ⭑⭑⭑ Fed Chairman Powell testifies to Senate 3-8 Wednesday ⭑⭑ Beige Book ⭑⭑⭑ Fed Chairman Powell testifies to House ⭑⭑⭑…
Pionex Trading Desk 2/28/2023 News SEC Chairman Gary Gensler says, “everything is a security, except Bitcoin,” in an interview with NY magazine earlier this week. Plus, 3 US government agencies put out a statement about liquidity risk in stablecoins and…
Pionex Trading Desk 2/23/2023 Thoughts and Trades Last week’s momentum was driven by the rumor of a proposal in Hong Kong to allow retail traders to purchase crypto currency. The narrative was then expanded into China is behind this and…
Major event warning 1-27 Friday PCE price index 5% actual vs 5.5% expected. Inflation cooled more than expected in Energy prices, while others were within expectations. Core CPE was in line at 4.4% 1-31 Tuesday ⭑ Chicago PMI 45.1 expected.…
2022 Negative News Highest Inflation in 40 years Increased likelihood of a recession Russia & Ukraine war Fastest interest rate increase since the 1970s in America Reduced money supply and liquidity hurting investment valuations of most types Bankruptcy of centralized…
SBF update SBF gets arrested a day before his congressional hearing after prosecutors in the United States filed charges. He was taken in by the Bahamian police and put in the fox hill prison. Here’s a picture of what it…
Major event warning 12-13 Tuesday CPI data for Nov at 8:30 AM EST. This will be very important as it is one day before the FOMC meeting. It is expected to come in at 7.3% increase YoY. 12-14 Wednesday Federal…
Major event warning 12-1 Thursday ISM manufacturing PMI 49 vs 49.8 expected. This is a leading indicator of manufacturing payrolls by 7 months. This aligns with our view of recession and increased job losses into mid-year 2023. 12-5 Monday ISM…
Major events 11-30 Wednesday Fed Beige Book – reports on broad economic conditions and used by the Fed to make interest rate decisions MoM Pending home sales – shows the change in demand for the real estate market Fed Powell…
Giveaway! We are doing an early thanksgiving giveaway to our users! Follow us and retweet for a chance to win 150 $XRP or 555 $XLM! I will also be doing an AMA on TikTok with tiktok.com/@zeedood on November 20th at…
