Abstract The SEC’s delay in approving the Bitcoin ETF was to be expected; a conservative estimate suggests that it may still take 6-8 months for the Bitcoin ETF to be approved. Inflation and the Federal Reserve are no longer the…
Abstract Celsius transferred Altcoins to FalconX and OKX in preparation for selling SEC appeals judges decision in Ripple case Miners selling off Bitcoin in the past month compared to strong accumulation in the month prior. US tech stocks, especially AI…
Abstract Strong macroeconomic fundamentals provide some support for a more aggressive path of interest rate hikes, which strengthens the short-term upward momentum of Bitcoin. The impact of the Federal Reserve on the cryptocurrency market is expected to gradually diminish, and…
Abstract The Federal Reserve meeting has signaled an upward adjustment in the interest rate target, indicating the likelihood of at least two more rate hikes and no rate cuts for at least two years. Faced with regulatory crises and liquidity…
Abstract From a historical perspective, regulatory lawsuits and investigations tend to occur near the bottom of bear markets or when bull markets are about to start. We believe that the overall trend in the third quarter will still be characterized…
Abstract This week, there has been a noticeable surge in greedy sentiment within the NASDAQ100 index, which leads us to anticipate a potential decline in tech stocks, particularly those associated with AI. Such a decline could potentially trigger a pullback…
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…