Sunday, July 12, 2026

Monthly Archives: March, 2023

Bitcoin hits new 9-month highs above $28K as markets flipflop over FOMC

Bitcoin (BTC) headed to new nine-month highs after the March 21 Wall Street open as a crucial Federal Reserve interest rate decision loomed."All classes"...

Drakeford accused of refusing to extend free childcare

Mark Drakeford declines to say if he will follow English plans but says Wales is already ahead. www.bbc.co.uk

Sushi DAO, Key Contributor Served With SEC Subpoena

Grey proposed creating a "Sushi DAO Legal Defense Fund" in a forum post, saying it would "cover legal costs for core contributors." The proposal...

CryptoUK calls on regulators to address de-banking of digital asset firms

The self-regulatory trade association CryptoUK has proposed providing a ‘white list’ of registered firms in the United Kingdom to address banks limiting or banning...

The market is catching on that JOLTS data isn’t reliable

I have been writing about the unreliability of JOLTS data for more than a year and now that idea is finally getting some traction.The...

Man charged over abusive email to Angela Rayner

David Perry is accused of sending a grossly offensive message and an indecent message to the MP. www.bbc.co.uk

A Massive Trump Painting Is Mysteriously Missing

A portrait of former President Donald J. Trump by a Salvadoran painter is one of several gifts to the presidential family that is now...

Does Bitcoin’s Rally Vindicate the ‘Inflation Hedge’ Thesis – or Is Risk Back on the Menu?

The sharpest part of bitcoin’s rally, after all, has come since Monday, March 13, when it was announced that the floundering Silicon Valley Bank...

IRS calls for public feedback on taxing NFTs as collectibles

The Internal Revenue Service said they plan to release guidance on having nonfungible tokens, or NFTs, treated as collectibles under the United States tax...

OneCoin's Legal Head Charged in Fraud Extradited to U.S.

OneCoin's victims were allegedly defrauded of over $4 billion in the scheme, which began operations in 2014. www.coindesk.com

USDCAD Reverses Course after Weak CPI Data, Key Levels to Monitor

The USDCAD initially saw an increase after weaker-than-expected CPI data this morning (see post here), causing the CAD to weaken (higher USDCAD). However, the...

Prices Extend Recovery as Banking Sector Jitters Fade

WTI CRUDE OIL OUTLOOK:Oil prices rise as risk assets extend their reboundThe easing of turmoil in the banking sector seems to be contributing to...

Why is Bitcoin rising amid collapsing banks? Watch The Market Report

This week on The Market Report, our beloved host, Joe Hall, and insightful expert, Sam Bourgi, unfortunately, could not make it, but don’t worry...

Push to Insure Big Deposits Percolates on Capitol Hill

The government only insures deposits of less than $250,000, but there is precedent for lifting that cap amid turmoil. It could happen again. www.nytimes.com

Our data shows traders are now net-short US 500 for the first time since Mar 07, 2023 when US 500 traded near 3,988.19.

Number of traders net-short has increased by 7.42% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIUS 500BULLISH49.54%50.46%-7.49% Daily-9.54% Weekly12.91% Daily7.42% Weekly1.79% Daily-1.71%...

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