Day: September 19, 2022

Bank of America Market Strategist Says ‘Summer Rally Is Over’ as Crypto and Stocks Slide Ahead of Fed Rate Hike This Week – Economics Bitcoin News

boss

Digital currency markets, precious metals, and stocks dropped another leg down on Monday following the drop markets saw last Tuesday. Last week’s fall was one of the worst weeks in more than three months as market strategists believe a sizable Fed rate hike is coming this week. Bank of America’s analysts led by Savita Subramanian believes the U.S. Federal Reserve “has more work to do,” and an aggressive central bank may be “anathema for stocks that have benefited from low rates and disinflation.” Crypto, Precious Metals, Equities Show Volatility Ahead…

Long the Bitcoin bottom, or watch and wait? Bitcoin traders plan their next move

boss

Bitcoin (BTC) faced a 9% correction in the early hours of Sept. 19 as the price traded down to $18,270. Even though the price quickly bounced back above $19,000, this level was the lowest price seen in three months. However, pro traders held their ground and were not inclined to take the loss, as measured by derivatives contracts. Bitcoin/USD price index, 2-hour. Source: TradingView Pinpointing the rationale behind the crash is extremely difficult, but some say United States President Joe Biden’s interview on CBS “60 Minutes” raised concerns about global…

99% WILL GET TRAPPED HERE (Get Ready)!! Bitcoin News Today & Ethereum Price Prediction (BTC & ETH)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 99% WILL GET TRAPPED HERE (Get Ready)!! Bitcoin News Today & Ethereum Price Prediction (BTC & ETH) Welcome back to the Crypto World! In this video I reveal my next Ethereum Price Prediction and my next Bitcoin Price Prediction! Make sure to watch the WHOLE video so you don’t miss out on this valuable information & leave a LIKE and SUBSCRIBE for more videos like this! 💰 Learn Technical Analysis Here 👉 👈 🤑 FREE $100 USDT AIRDROP 👉 👈 (Claim before…

White House’s first crypto framework and missed opportunities — Law Decoded, Sept. 12-19

boss

By the end of last week, the federal agencies presented the results of their six-month-long work on the principal directions for digital assets regulation in the United States. The resulting first-ever crypto framework, published on the White House website, may not contain many surprises or exact details, but, as a part of President Joe Biden’s executive order, it will undoubtedly affect the policymaking decisions to come.  Perhaps the most important section of the framework is dedicated to central bank digital currencies (CBDCs). It revealed that the administration has already developed…

Postura alcista de Goldman Sachs sobre el rendimiento real de los bonos trae malas noticias para las criptomonedas

El viernes, Goldman Sachs (GS) dijo que los valores a 10 años del Tesoro de los Estados Unidos que están protegidos contra la inflación (TIPS) —los cuales se ajustan periódicamente para compensar las subas del índice de precios al consumidor— podrían llegar hasta 1,25% para finales de este año y eventualmente alcanzar un máximo entre 1,25% y 1,5%. Source

The crypto industry can trust Cynthia Lummis to get regulation right

boss

As the world waits to see America’s take on cryptocurrency regulation, crypto enthusiasts should keep one thing in mind: The industry can trust Senator Cynthia Lummis. Her proposal with Senator Kirsten Gillibrand, which we’ve all been waiting for action on, is bipartisan in nature. We’re still awaiting the final details, but things have slowed to a crawl with the November elections around the corner. United States Securities and Exchange Commission Chairman Gary Gensler has moved forward with commentary that suggests the Commodity Futures Trading Commission will take a major role…