Author Archive: Jeremy Parkinson
Mt. Gox-linked wallet moves over 2,300 BTC as Bitcoin reclaims $100K
Key Takeaways Mt. Gox moved over 2,300 BTC to an unidentified wallet, marking another significant transfer this month. The transfers coincide with the Bitcoin price hitting $100,000, amid potential Federal Reserve policy changes. Share this article A wallet linked to the defunct crypto exchange Mt. Gox moved 2,324 Bitcoin worth $234 million to an unidentified […]
SPDR ETF Report For Wednesday, Dec 11
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day that ended, Wednesday, December 11.Video Length: 00:13:04More By This Author:Financial Markets Report For Wednesday, Dec 11SPDR ETF Report For Tuesday, Dec 10Financial Markets Report For Tuesday, Dec 10
Elliott Wave Technical Analysis: Monero Crypto Price News For Thursday, Dec 12
Image Source: Pixabay Elliott Wave Analysis TradingLounge Daily ChartMonero/ U.S. dollar(XMRUSD)XMRUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave ((3))Direction Next higher Degrees: Wave I of ImpulseWave Cancel invalid Level:Details: the Increase wave ((3)). Monero/ U.S. dollar(XMRUSD)Trading Strategy: The wave 3 rally is likely to test the 291.857 level. So look for a consolidation opportunity from a […]
Gold Trading Strategy, XAUUSD Analysis & Forecast – Thursday, Dec 12
Image Source: DepositPhotosToday you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD? What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:04:07More By This Author:Gold Trading Strategy Today – Wednesday, Dec. […]
GBP/USD Rebounds From 1.2750 As US Dollar Declines Due To Rising Odds Of A Fed Rate Cut
Photo by Colin Watts on Unsplash GBP/USD appreciates as the US Dollar corrects downwards due to the increased likelihood of a Fed rate cut in December. Traders await Thursday’s US Producer Price Index data for November to gain fresh impetus. UK RICS Housing Price Balance rose 25% in November, up from a 16% increase in October. GBP/USD recovers […]
WTI Edges Higher To Near $70.00 On China Stimulus, New EU Sanctions Against Russia
Image Source: Pixabay WTI extends its upside to $69.95 in Thursday’s early European session. A possible tightening of US sanctions on Russian oil and further China stimulus measures lift the WTI price. OPEC cuts demand growth outlook for 2024-2025 for five months in a row. West Texas Intermediate (WTI), the US crude oil benchmark, is trading around […]
Nasdaq Up Big, Dow Down A Bit, Following CPI, Budget Data
Image Source: PexelsMarkets posted mixed results this Hump Day, with the blue-chip Dow unable to hold onto its gains at the open. It was the only index in the top 4 to spend any time in the red today. The Nasdaq performed great: +347 points, +1.77%, while the S&P 500 and small-cap Russell 2000 split the […]
a16z crypto policy lead Brian Quintenz emerges as leading candidate for CFTC chair under Trump administration
Key Takeaways Brian Quintenz, linked with a16z crypto, is a leading contender for the CFTC chair position under Trump’s new administration. With Paul Atkins nominated to lead the SEC, it is anticipated that Trump’s transition team will soon announce their pick for the CFTC chair. Share this article President-elect Donald Trump’s transition team has wrapped […]
Vancouver approves motion to explore Bitcoin as a reserve asset
Key Takeaways The Vancouver City Council has approved a motion to make the city “Bitcoin-friendly.” Mayor Sim advocates for the adoption of Bitcoin as a means to protect the city’s purchasing power from inflationary pressures. Share this article Vancouver City Council has greenlit a proposal to explore the incorporation of Bitcoin into municipal financial operations, […]
This Perfect Pullback Could Be Easy Money On Thursday
Image Source: Unsplash Woah, what a move today! Everyone’s waiting to buy a pullback after that big move higher today…But picking the “perfect” pullback isn’t always easy…Not to worry – this “perfect pullback” technique will give you an easy roadmap finding the perfect entry tomorrow morning!The SIZE of today’s move higher is a big clue…Combine that […]
