A popular crypto analyst, Jason Pizzino, is predicting a potential Bitcoin (BTC) price drop if the stock market’s recent recovery loses steam. Pizzino’s Prediction: A Bitcoin Correction Pizzino, who boasts a large YouTube following, points to the historical relationship between Bitcoin and the S&P 500. He believes the S&P 500 might dip in the second…
Dogecoin and Shiba Inu are having a great day! After a period of sideways trading, these meme coins are seeing a significant price increase. Let’s dive into why. The Fed’s Role The recent surge follows the US Federal Reserve’s decision to hold interest rates steady. While this usually isn’t great news for crypto, Fed Chair…
Ethereum had a tough time gaining traction recently, hitting a wall around $1900 despite a generally positive market. But things might be looking up! Bullish Chart Patterns Suggest a Rally A crypto analyst, Trader Tardigrade, spotted a “Bull Pennant” pattern on Ethereum’s daily chart. This is a good sign, suggesting a continuation of the upward…
A prominent Bitcoin advocate and former advisor to President Trump, David Bailey, predicts Bitcoin will become the world’s primary reserve currency much sooner than most people think. He believes a perfect storm of political factors, large-scale government Bitcoin mining, and corporate Bitcoin adoption is dismantling the traditional monetary system. The Political Angle Bailey recounts how…
Texas is one step closer to becoming the third US state with a Bitcoin reserve. A bill allowing the state to invest in cryptocurrencies is heading to a final House vote. The Texas Bitcoin Bill The Texas House Committee on Delivery of Government Efficiency just passed Senate Bill 21 (SB 21). This bill, sponsored by…
Investor Dan Tapiero thinks Bitcoin could skyrocket if the US economy takes a major downturn. He’s basing this prediction on how the US Federal Reserve might react. A Slowing US Economy and Bitcoin’s Potential Tapiero argues that trade tensions are hurting both the US and Chinese economies. He believes this could force the Federal Reserve…
Bank of America (BofA) reports a massive $8.9 billion exodus from US stock markets in the week ending April 30th. This suggests investors are getting nervous, likely due to the uncertainty caused by tariffs and trade disputes. Money Out of the US, Money In Elsewhere The shift wasn’t just a case of money sitting idle….
Billionaire investor Bill Ackman is making a big move, mirroring the strategy of legendary investor Warren Buffett. His hedge fund, Pershing Square, just dropped nearly a billion dollars on a real estate company. A Major Investment in Howard Hughes Ackman’s firm purchased 9 million shares of Howard Hughes Holdings (HHH) for a whopping $900 million….
Analysts are warning of a potential tsunami of dollar selling, potentially reaching $2.5 trillion, driven by rising trade tensions. Asian Investors Holding the Bag? According to macroeconomic and currency strategists Stephen Jen and Joana Freireat of Eurizon SLJ Capital, Asian investors and exporters have amassed a huge amount of US dollars. If trade wars escalate…
A potential US-UK trade deal, amidst a shifting global financial landscape, has some experts predicting big things for Bitcoin and other cryptocurrencies. Let’s explore why. Trump’s Trade Deal and the Fall of the American Empire? Donald Trump’s recent announcement of a US-UK trade deal follows a period of significant tariffs. This shift, according to some…
