Key Macro Releases and Events to Watch in the Financial Markets This Week
The number of important macro releases this week is very high Let's outline the most important ones The past trading week was mostly characterized by price consolidation in the stock and cryptocurrency markets. And over the weekend, bitcoin made traders even m ...
U.S. CPI and China Trade Data to Impact Markets this Week
U.S. CPI will be the main driver of the week The Fed relies on it for its rate planning The market started the week lower. Friday's macro indicators on nonfarm payrolls and U.S. jobs had an impact. They showed that jobs and wages continue to grow. It reduced t ...
Crypto Analyst Jason Pizzino Believes Bad News Won’t Stop Bitcoin Momentum
Crypto analyst, crypto trader and youtuber believes that unfavorable news will not be able to stop the strong momentum from bitcoin. Jason Pizzino told his 284 000 subscribers that bitcoin and the stock market will not be hurt by bad economic news. According to the ana ...
Analyst Predicts Bitcoin Could Rise as US Banks React to Fed Chairman’s Speech
An analyst and cryptotrader, founder of the consulting crypto-platform EightGlobal analyzed the relationship between the banking sector and the crypto market, listing possible scenarios for the first cryptocurrency. U.S. bank stocks reacted by falling on the speech of U.S ...
Ark Invest continues to buy Coinbase stock despite falling prices
They are doing this for the second day in a row The stock exchange has fallen more than 20% in the last month Ark Invest has again gained ground in Coinbase. That night they bought about $7.5 million worth of the brand's stock. Recall that yesterday, three fun ...
Upbit to Issue xCORE Tokens to XRP and SOLO Holders
Upbit, a major cryptocurrency exchange based in South Korea, has recently announced that it will be supporting XRP and SOLO token holders by issuing tens of millions of xCORE tokens. This move is set to take place on March 24th, with a total issuance of 50 million tokens to be distributed equally ...