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  • Bitcoin Price Dollars Away From First Ever Weekly ‘Death Cross’

    From blockworks.co

    Bitcoin (BTC) is painfully close to recording an ominous first in its 14-year history: its premiere “death cross” on the weekly price chart. Two major moving averages (MA) are about to converge: its 200-week and its 50-week. Technical analysis suggests it is extremely bearish for the 50-week MA to cross below a 200-week MA — hence the “death” part. Death crosses are lagging indicators. The pattern is typically used by investors and traders as a signal that a trend change from bullish to bearish is about to, or has, taken place. Bitcoin switched from a heady bull market to a stifling bear market sometime in ... (full story)

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    How the Fed “Went Broke”

    From lynalden.com|Feb 8, 2023

    The U.S. Federal Reserve is now operating at a financial loss, and is months away from having negative tangible equity for the first time in modern history. This article explores ...

    SEC to up scrutiny of firms offering or giving advice about crypto

    From cointelegraph.com|Feb 8, 2023

    Crypto brokers and investment advisors offering or giving advice about cryptocurrencies will be put under the scope of the United States' securities watchdog this year. A Feb. 7 ...

    ETH/USD: Breakout Beyond $1,700 on the Horizon

    From dailyforex.com|Feb 8, 2023

    The Ethereum market has rallied initially during the trading session on Tuesday as we continue to see the market try to break above the recent resistance barrier. When you look at ...

    •   Newer Stories
    Williams: Need to maintain restrictive stance for a few years

    From @DeItaone|Feb 8, 2023|12 comments

    tweet at 9:49am: WILLIAMS: NEED TO MAINTAIN RESTRICTIVE STANCE FOR A FEW YEARS tweet at 9:50am: NYFED'S WILLIAMS Q&A/WSJ: IN FUTURE SEE LABOR FORCE PARTICIPATION IMPROVING; IMMIGRATION 'INCREASES THE SUPPLY SIDE' OF LABOR #Williams #federalreserve

    Fed's Cook: Data Are Telling a Pretty Clear Story of a Historically Strong Labor Market, with Still...

    From @sevenloI|Feb 8, 2023|2 comments

    tweet at 9:52am: Fed's Cook: - Strongly Committed to Both Price Stability and Employment Mandates of the Fed - Data Are Telling a Pretty Clear Story of a Historically Strong Labor Market, with Still Elevated Inflation - Inflation is Still Running Too High Even Though It Has Moderated tweet at 9:54am: FED'S COOK: THE FED IS INTENT ON RESTORING PRICE STABILITY AND WILL REQUIRE RESTRICTIVE MONETARY POLICY FOR SOME TIME. tweet at 9:54am: FED'S COOK: WITHOUT STABLE PRICES, IT WILL BE HARD TO MAINTAIN MAXIMUM EMPLOYMENT. tweet at 10:00am: FED'S COOK: I BELIEVE INFLATION CAN BE CONTAINED WITHOUT A LARGE INCREASE IN UNEMPLOYMENT. tweet at 10:03am: Fed's Cook: - In Times of Uncertainty Important Not to Take Too Much Signal From Two or Three Data Points - Will Use Tools Forcefully To Avoid Entrenched Inflation - Appropriate Now to Move in Smaller Steps as Fed Assesses Cumulative Impact of Rate Increases So Far

    Three Arrows’ Founder Refused to Comply With Subpoena, Stonewalling Probe, Court Told

    From coindesk.com|Feb 8, 2023

    Kyle Davies refused to comply with a court subpoena for the books and records of his former crypto hedge fund Three Arrows Capital (3AC), a New York court was told in a Tuesday ...

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  • Posted: Feb 8, 2023 9:17am
  • Submitted by:
     Newsstand
    Category: Technical Analysis
    Comments: 0  /  Views: 274
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