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Bitcoin $Bitcoin (BTC.CC)$ broke below $94,000 at the Dec. 23 Wall Street open as bulls received little relief from TradFi’s return.
BTC price dip: “Back up the truck” at $85,000?
Data from Cointelegraph Markets Pro and TradingView tracked 1.2% daily losses for BTC/USD at the time of writing.
After the weekend saw a spike to $99,500 extinguished by sellers, Bitcoin failed to recover lost ground, taking its drawdown from last wee...
BTC price dip: “Back up the truck” at $85,000?
Data from Cointelegraph Markets Pro and TradingView tracked 1.2% daily losses for BTC/USD at the time of writing.
After the weekend saw a spike to $99,500 extinguished by sellers, Bitcoin failed to recover lost ground, taking its drawdown from last wee...
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$SEALSQ Corp (LAES.US)$
a bit nervous to add position above 6
a bit nervous to add position above 6
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The performance of U.S. markets at the year-end and the beginning of a new year, particularly during a presidential inauguration year, often depends on several historical and economic factors. Here’s an overview based on trends and historical precedence:
Year-End Market Trends (“Santa Claus Rally”)
1. Santa Claus Rally:
Historically, U.S. markets often experience a “Santa Claus Rally” during the last week of December through the first two trading days of ...
Year-End Market Trends (“Santa Claus Rally”)
1. Santa Claus Rally:
Historically, U.S. markets often experience a “Santa Claus Rally” during the last week of December through the first two trading days of ...
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$ZIM Integrated Shipping (ZIM.US)$
Peeeeeeckooooooocccckkkkkkkkkkk
i own zim long time 😁
be Careful, be Safe, be Wise,
and as always
be a pirate dammit 🏴☠️ 🤣
Peeeeeeckooooooocccckkkkkkkkkkk
i own zim long time 😁
be Careful, be Safe, be Wise,
and as always
be a pirate dammit 🏴☠️ 🤣
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Stocks to Watch
Echostar Corporation (SATS US) $EchoStar (SATS.US)$
Daily Chart -[BEARISH ↘ **]SATS US is moving downwards. We expect price to drift towards 20.80 level and take a pause before drifting lower towards 17.89 support level. Technical indicators are advocating for a bearish scenario as well.
Alternatively: A daily candlestick closing above 20.80 level would open for push towards 25.89 resistance level.
Shopify Inc (SHOP US) $Shopify (SHOP.US)$
...
Echostar Corporation (SATS US) $EchoStar (SATS.US)$
Daily Chart -[BEARISH ↘ **]SATS US is moving downwards. We expect price to drift towards 20.80 level and take a pause before drifting lower towards 17.89 support level. Technical indicators are advocating for a bearish scenario as well.
Alternatively: A daily candlestick closing above 20.80 level would open for push towards 25.89 resistance level.
Shopify Inc (SHOP US) $Shopify (SHOP.US)$
...
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$FTSE Bursa Malaysia KLCI Index (.KLSE.MY)$ retraced back towards the 1591 points region with an overall mixed market sentiment on Friday as we saw over 550 counters closing red for the day along with it. Daily trading volume however was able to remain around the 3.3 billion mark, which is a pretty good sign.
Main stocks that showed strong buying momentum would be the likes of YTL, YTLPOWR, JCY, SCABLE, MYEG, GAMUDA, PESTECH, and SUNWAY. All of which w...
Main stocks that showed strong buying momentum would be the likes of YTL, YTLPOWR, JCY, SCABLE, MYEG, GAMUDA, PESTECH, and SUNWAY. All of which w...
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Columns The Fed announced a rate cut, causing both the US stock market and crypto market to plummet.
On Wednesday afternoon local time, the Fed announced a reduction of 25 basis points in the benchmark policy rate, but at the same time hinted that the number of rate cuts in 2025 may be fewer than previously expected. This news has caused market turmoil, with both the US stock and crypto markets plunging together.
According to the Fed's latest quarterly economic forecast, there may only be two rate cuts in 2025, far below the four forecast in September, and also lower than the market's previous expectation of three times. This indicates the Fed's more cautious attitude towards balancing inflation and economic growth. In addition, the Fed has also raised its forecast for 2024 personal consumption expenditure (PCE) and core PCE inflation, from 2.1% and 2.2% in September to 2.5% each.
Fed Chair Powell referred to this change as a "new phase" in monetary policy, stating that after an expected 100 basis points rate cut in 2024, the interest rate level is closer to a neutral stance.
Market reaction: Stock market tumbled, risk aversion rising.
Affected by the signal of the Federal Reserve policy, the three major indexes of the US stock market all fell. As of Wednesday's close, the Dow Jones Industrial Average fell by 2.59%, marking the longest 50-year continuous decline in 10 days; the S&P 500 Index fell by 2.95%; and the Nasdaq Index plunged by 3.56%. The US dollar index soared to a new two-year high, while the Chicago Board Options Exchange Volatility Index (VIX), reflecting market panic, surged by 58% to 25 points, indicating significantly increased uncertainty among investors about future interest rate policies.
Bitcoin plummets, 'slap in the face' for Trump...
According to the Fed's latest quarterly economic forecast, there may only be two rate cuts in 2025, far below the four forecast in September, and also lower than the market's previous expectation of three times. This indicates the Fed's more cautious attitude towards balancing inflation and economic growth. In addition, the Fed has also raised its forecast for 2024 personal consumption expenditure (PCE) and core PCE inflation, from 2.1% and 2.2% in September to 2.5% each.
Fed Chair Powell referred to this change as a "new phase" in monetary policy, stating that after an expected 100 basis points rate cut in 2024, the interest rate level is closer to a neutral stance.
Market reaction: Stock market tumbled, risk aversion rising.
Affected by the signal of the Federal Reserve policy, the three major indexes of the US stock market all fell. As of Wednesday's close, the Dow Jones Industrial Average fell by 2.59%, marking the longest 50-year continuous decline in 10 days; the S&P 500 Index fell by 2.95%; and the Nasdaq Index plunged by 3.56%. The US dollar index soared to a new two-year high, while the Chicago Board Options Exchange Volatility Index (VIX), reflecting market panic, surged by 58% to 25 points, indicating significantly increased uncertainty among investors about future interest rate policies.
Bitcoin plummets, 'slap in the face' for Trump...
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