Where’s the recession? These 3 economic indicators can alert investors to a market downturn
Analysts have called for a U.S. recession all year, but stocks continue to creep higher. Here are three metrics investors can watch to know if an economic downturn is coming.This post was originally published on this site
Bitcoin price races toward $27K, but a swift recovery is not confirmed by market data
BTC price recovered quickly from this week’s swing low, but derivatives data hints that a challenging road lies ahead.This post was originally published on this site
Economist Peter Schiff Warns About a New, Incoming Great Depression Crisis, Criticizes Misleading Inflation Numbers
Peter Schiff, best-selling author and chief economist of Europac, has warned about the coming of a new great depression period in America. In an interview, Schiff stated that official Consumer Price Index (CPI) numbers were designed to mislead the public and that the country was going to face a depression worse than the one it […]
How are Bitcoin options traders positioning for the US banking crisis?
The total crypto market cap has been ranging sideways, but Bitcoin derivatives markets indicate pro traders don’t expect any major price corrections.This post was originally published on this site
Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet
Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the initially committed $1 million, with two-thirds of the money donated to two organizations. Former Coinbase […]
Systemic Swiss Banks Not Ready for Crisis, Regulator Says
Switzerland’s financial regulator is not satisfied with the emergency plans of two of the Alpine nation’s five major banks. The assessment refers to a period prior to the rescue of Credit Suisse by UBS when the authority viewed the troubled giant’s preparedness in positive terms. 2 Swiss Banks Unable to Implement Recovery Plans, Finma Finds […]
Ether price holds $1,820, but pro traders are skeptical about further gains
Ether traders have been neutral-to-bearish for the past week, indicating little confidence in ETH breaking above $2,000.This post was originally published on this site
Got liquidated with Bitcoin futures? Get 3.5x leverage using this options strategy
Here is how professional traders use Iron Condor options strategies to benefit from the banking crisis and the U.S. debt ceiling increase.This post was originally published on this site
Bitcoin touches $30K as BTC bulls well-positioned for weekly $3.2B options expiry
A weaker U.S. financial system has raised BTC bulls’ odds of profiting $780 million on April 28 options expiry.This post was originally published on this site
Bitcoin derivatives data shows bulls positioning for further BTC price upside
BTC price continues to show strength and derivatives data suggests that bulls intend to press Bitcoin higher.This post was originally published on this site