Current situation:
1. Stocks are rising like the Fed is about to cut rates
2. Bonds are falling like rate hikes are coming back
3. Gold prices are rising like we are entering a recession
4. Oil prices are rising like the economy is perfectly fine
5. Crypto is at all time highs like absolutely nothing is happening
1. Stocks are rising like the Fed is about to cut rates
2. Bonds are falling like rate hikes are coming back
3. Gold prices are rising like we are entering a recession
4. Oil prices are rising like the economy is perfectly fine
5. Crypto is at all time highs like absolutely nothing is happening
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Neel Kashkari, the Head of the Minneapolis Federal Reserve, Throws Shade at Bitcoin
Neel Kashkari of the Minneapolis #Fed has a sharp take on Bitcoin: In advanced economies, it seems to miss its mark.
His words: "We have endless dollars, but why chase Bitcoin, which bottoms out at zero?"
A thought-provoking stance from the 'Midwestern Genius.
Despite #Bitcoin peak at $73,000, Kashkari is unfazed😂
What's your take?
Is Neel miss or part of $BTC rollercoaster journey?
Neel Kashkari of the Minneapolis #Fed has a sharp take on Bitcoin: In advanced economies, it seems to miss its mark.
His words: "We have endless dollars, but why chase Bitcoin, which bottoms out at zero?"
A thought-provoking stance from the 'Midwestern Genius.
Despite #Bitcoin peak at $73,000, Kashkari is unfazed😂
What's your take?
Is Neel miss or part of $BTC rollercoaster journey?
Pi Cycle Top Indicator by Look into Bitcoin
1⃣ The price is having a tough time getting past a key level (350DMA x2), just like it did in past cycles.
2⃣ There's still a good gap between two important markers (350DMA x2 and 111DMA), meaning there’s room for things to move.
What it means: We’re at a spot where anything could happen next.
Keep an eye out and stay ready!
Stay smart, stay prepared! 🚀
1⃣ The price is having a tough time getting past a key level (350DMA x2), just like it did in past cycles.
2⃣ There's still a good gap between two important markers (350DMA x2 and 111DMA), meaning there’s room for things to move.
What it means: We’re at a spot where anything could happen next.
Keep an eye out and stay ready!
Stay smart, stay prepared! 🚀
🚨ELF/USDT : 1D
• The price is going up and forming higher highs and higher lows on the higher time frame. Right now, it's moving sideways and consolidating near the 200 EMA, over support zone. It's expected to continue its bullish momentum and potentially test its previous swing high.
Buy : $0.6030
TP : $0.9465
SL : $0.4797
• The price is going up and forming higher highs and higher lows on the higher time frame. Right now, it's moving sideways and consolidating near the 200 EMA, over support zone. It's expected to continue its bullish momentum and potentially test its previous swing high.
Buy : $0.6030
TP : $0.9465
SL : $0.4797
Market Overview:
BTC : $68006
ETH : $3333.01
BNB : $583.66
SOL : $175.64
Dominance :
BTC : 50.25 %
ETH : 15.04 %
Stables : 5.25 %
Market Cap :
Total : 2.66T
DeFi : 103.47B
24hr Vol : 79.56B
World Indices :
SPX - 5,204.34 (1.11%)
Commodities :
Crude - 86.73 (0.16%)
Gold - 2,349.10 (1.76%)
Silver - 27.60 (1.3%)
BTC : $68006
ETH : $3333.01
BNB : $583.66
SOL : $175.64
Dominance :
BTC : 50.25 %
ETH : 15.04 %
Stables : 5.25 %
Market Cap :
Total : 2.66T
DeFi : 103.47B
24hr Vol : 79.56B
World Indices :
SPX - 5,204.34 (1.11%)
Commodities :
Crude - 86.73 (0.16%)
Gold - 2,349.10 (1.76%)
Silver - 27.60 (1.3%)
Breaking: Paraguay Puts a Pause on Bitcoin Mining to Save Electricity ❌
🚨 BIG NEWS FROM PARAGUAY: New Bill Alert
#Paraguay 🇵🇾 is making a big move in the world of crypto. They want to stop a problem with illegal #cryptomining stealing electricity and causing power cuts.
The Issue? Electricity Theft
Some #crypto mines are using electricity without permission, leading to less power for everyone else.
What's Paraguay Doing?
Banning Stuff: For now, they don't want any Bitcoin mining, or keeping and trading of cryptocurrencies. For
How Long?
180 days, or until they figure out a full set of rules. This is a step to try and fix the electricity problem and make things fair.
Keep an eye out for more news on this!
💬 What Do You Think?
Is this a good idea by Paraguay? Tell us below! ⬇️
🚨 BIG NEWS FROM PARAGUAY: New Bill Alert
#Paraguay 🇵🇾 is making a big move in the world of crypto. They want to stop a problem with illegal #cryptomining stealing electricity and causing power cuts.
The Issue? Electricity Theft
Some #crypto mines are using electricity without permission, leading to less power for everyone else.
What's Paraguay Doing?
Banning Stuff: For now, they don't want any Bitcoin mining, or keeping and trading of cryptocurrencies. For
How Long?
180 days, or until they figure out a full set of rules. This is a step to try and fix the electricity problem and make things fair.
Keep an eye out for more news on this!
💬 What Do You Think?
Is this a good idea by Paraguay? Tell us below! ⬇️
🇺🇸🇺🇸 WALL ST. WEEKLY PERFORMANCE:
DOW ENDS DOWN -2.3%
S&P 500 ENDS DOWN -1%
NASDAQ ENDS DOWN -0.8%
RUSSELL 2000 ENDS DOWN -3.1%
VIX ENDS UP +23.2%
BITCOIN ENDS DOWN -2.3%
DOW ENDS DOWN -2.3%
S&P 500 ENDS DOWN -1%
NASDAQ ENDS DOWN -0.8%
RUSSELL 2000 ENDS DOWN -3.1%
VIX ENDS UP +23.2%
BITCOIN ENDS DOWN -2.3%
Crypto News Round Up:
1️⃣ #Bitcoin may not reach $50,000 again soon, experts say, as its price keeps changing a lot. This is happening two weeks before a big event that usually affects its value.
2️⃣ #Ethereum's faster parts, called Layer 2 chains, are being used a lot more, with nearly 32 million transactions in a week after a big update called #Dencun.
3️⃣ #Solana had problems handling all the transactions on its network for the second time in two days.
4️⃣ #Coinbase, a place where you can buy and sell digital money, won a court case that said it did nothing wrong in handling crypto transactions.
5️⃣ $XRP, a type of digital money, is being bought more by Grayscale’s big fund that invests in different cryptocurrencies.
6️⃣ #Genesis, a company, bought $2.1 billion worth of #Bitcoin after selling a lot of a special kind of Bitcoin investment.
7️⃣ Pantera Capital, an investment firm focusing on digital money, made a 66% profit last quarter, even though they sold some #Bitcoin.
8️⃣ #India’s central bank is going to let companies that are not banks handle payments, making it easier to transfer money.
9️⃣ #Uniswap, a place where you can swap different types of digital money, has handled $2 trillion in trades.
🔟 #TerraformLabs and its co-founder, Do Kwon, were found guilty in a legal case by the SEC for doing something wrong.
1️⃣ #Bitcoin may not reach $50,000 again soon, experts say, as its price keeps changing a lot. This is happening two weeks before a big event that usually affects its value.
2️⃣ #Ethereum's faster parts, called Layer 2 chains, are being used a lot more, with nearly 32 million transactions in a week after a big update called #Dencun.
3️⃣ #Solana had problems handling all the transactions on its network for the second time in two days.
4️⃣ #Coinbase, a place where you can buy and sell digital money, won a court case that said it did nothing wrong in handling crypto transactions.
5️⃣ $XRP, a type of digital money, is being bought more by Grayscale’s big fund that invests in different cryptocurrencies.
6️⃣ #Genesis, a company, bought $2.1 billion worth of #Bitcoin after selling a lot of a special kind of Bitcoin investment.
7️⃣ Pantera Capital, an investment firm focusing on digital money, made a 66% profit last quarter, even though they sold some #Bitcoin.
8️⃣ #India’s central bank is going to let companies that are not banks handle payments, making it easier to transfer money.
9️⃣ #Uniswap, a place where you can swap different types of digital money, has handled $2 trillion in trades.
🔟 #TerraformLabs and its co-founder, Do Kwon, were found guilty in a legal case by the SEC for doing something wrong.
🚨 Tech lay-offs around the world in 2024 as of April 3. (Layoffs fyi)
USA 🇺🇸 - 40,989
Germany 🇩🇪 - 8,640
India 🇮🇳 - 2,555
UK 🇬🇧 - 2,070
Israel 🇮🇱 - 1,470
USA 🇺🇸 - 40,989
Germany 🇩🇪 - 8,640
India 🇮🇳 - 2,555
UK 🇬🇧 - 2,070
Israel 🇮🇱 - 1,470