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One Month To Go For Bitcoin Halving: A Deep Dive Into What To Expect?

One Month To Go For Bitcoin Halving: A Deep Dive Into What To Expect?

Image Source: Unsplash Bitcoin halving, arguably one of the most significant events in the cryptocurrency world, is just a month away.It occurs approximately every four years—or after every 210,000 blocks—are added to the blockchain. What is Bitcoin halving? The Bitcoin halving is a fundamental mechanism designed to reduce the rewards for mining new blocks by half, thereby gradually decreasing the […]
Stellar 20Y Auction Sees Surge In Foreign Demand, Biggest Stop Through In More Than A Year

Stellar 20Y Auction Sees Surge In Foreign Demand, Biggest Stop Through In More Than A Year

Image Source: Pixabay After several mediocre coupon auctions, moments ago – with some worried that demand for US paper may flag just 24 hours before the Fed decision – the US Treasury sold $13 billion in a 20Y paper in what can only be described as a stellar auction.The 19-Year, 11-Month reopening of cusip TZ1 priced […]
Silver Rallied Last Week After Banks Increased Shorts Again

Silver Rallied Last Week After Banks Increased Shorts Again

Image Source: Pixabay While the gold price has been at the focus of the precious metals market’s attention over the past few weeks as it broke through the $2,100 level and setting new highs, the silver price rose sharply last Thursday and is now up over 13% over the past month.The move last week also occurred […]
Bitcoin Invalidated Its Breakout – Is Gold Next?

Bitcoin Invalidated Its Breakout – Is Gold Next?

Image Source: Unsplash Gold price held up well yesterday. But will it be able to handle the USD Index’s breakout?The yellow metal moved back to the Dec. 2023 high and bounced from it, and today, it just did the same thing. Yesterday’s price action looked quite promising, as the verification of the breakout would indeed be […]
U.S. Dollar Gains Momentum On Strong Housing Data, Eyes On FOMC

U.S. Dollar Gains Momentum On Strong Housing Data, Eyes On FOMC

Image Source: Pixabay The US Dollar Index (DXY) is fluctuating around 104.00, registering gains ahead of the impending Federal Open Market Committee (FOMC) meeting on Wednesday. This marks the highest level since March 1. Markets await fresh guidance, and if the Federal Reserve’s (Fed) updated Dot Plot or Chair Jerome Powell provides any dovish signals, the USD may […]
“FOMO Insurance” Dominates Key Equity Options

“FOMO Insurance” Dominates Key Equity Options

Image Source: Unsplash It may seem like a quaint notion to a new generation of YOLO-inspired speculators, but options markets arose as a way to transfer and hedge risk. When we view options pricing data for some outperforming stocks, we see that FOMO is the main risk that is being hedged.The key to the prior assertion […]
Bitcoin Falls, BitMEX Flash Crash Shakes Investor Confidence

Bitcoin Falls, BitMEX Flash Crash Shakes Investor Confidence

Image courtesy of 123rf.com In recent weeks, Bitcoin (BTC) has faced substantial market turbulence, with the cryptocurrency experiencing sharp price fluctuations and downward corrections.The market instability triggered extensive liquidations across multiple cryptocurrency exchanges, affecting future positions of billions of dollars. At the time of writing, Bitcoin was trading at $63,192, down 6.5% over the last day.Additionally, […]
Is The Fed Looking At FAIT? If So, What Would It Imply?

Is The Fed Looking At FAIT? If So, What Would It Imply?

Image source: Wikipedia A reader takes issue with my post showing y/y and instantaneous core PCE deflator versus 2% target, noting (correctly) that as of 2020, the Fed’s new monetary strategy incorporates Flexible Average Inflation Targeting (FAIT). While I might have missed it, I don’t recall how one should operationalize FAIT in terms of graphs and rates of reversion to […]
10-Year Bond Yield Testing Key Resistance This Month

10-Year Bond Yield Testing Key Resistance This Month

Image Source: Pixabay The 10-year treasury bond yield is very closely watched by banks, consumers, and active investors. It is used as a measuring stick for interest rates on loans, bond auctions, etc.When the 10-year treasury bond yield goes higher, so do interest rates on mortgages, personal loans, and car loans. And the government pays higher interest on […]
Wall Street Mixed As Tech Stocks Fall, Fed Meeting Begins

Wall Street Mixed As Tech Stocks Fall, Fed Meeting Begins

Stocks are scattered midday Tuesday, as investors digest the semiconductor sector’s pullback that’s being led by the shares of Nvidia (NVDA). In addition, the Fed’s two-day policy meeting is getting underway, and investors are almost 100% certain the central bank will leave interest rates untouched. At last glance, the Nasdaq Composite (IXIC) is in the red, the S&P […]