The SEC (Securities and Exchange Commission) gave the green light to the listing and trading of 11 spot bitcoin exchange-traded funds, or ETFs on January 10th. Investment firms that have received approval to offer spot bitcoin ETFs are now competing fiercely for investor dollars. This episode of Moomoo Markets will feature two guests from Franklin Templeton. We will also discuss why the SEC's approval of spot bitcoin ETFs is significant and how this approval is likely to impact the crypto market...

Yellow MA5 / Green MA20 Observance
- MA5 remains above MA20 but coming back close to one another (prices are closer to mean now)
- Friday got supported well by MA20 (120)
- Considered bullish if stays above MA20 and MA5 ticks back upwards
Island Reversal
- Area of balance between 117 and 130 is an island
- A bearish outcome is called an island reversal where it breaks down through the gap down to 112 and then 108
Controlled Sell Chan...

It means that China government is starting to inject fund into the cooling economy also known as money printing. This is in contrast to US Fed hinting raising interest rate in the next FOMC meeting.
Earlier this week, the central bank cut its seven-day reverse repurchase rate by 10 basis points from 2% to 1.9%, injecting 2 billion Chinese yuan through its seven-day repos. China's largest state-owned commercial bank...

Scratch. Wampum. Dough. Sugar. Clams. Loot. Bills. Bones. Bread. Bucks. Money. That which separates the haves from the have-nots. But what is money? It's everything if you don't have it, right?
Is it simply an agreed-upon unit of exchange for goods and services? $3.70 for a gallon of milk? Thirty bucks to cut your grass? Or, is it an intangible? Security or happiness - peace of mind. Let me propose a third option. Money as a measuring device. Money is, at its essence, th...

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