Today’s headline was written six months ago for Part 1, and at that time the fundamental picture and technical analysis dynamics of U.S. stock market indices were telegraphing potential trouble ahead. I recommend that you read Part 1 from December in full along with...
I published a stock market risk overview on Oct. 12 and listed several issues that had the potential to impact financial markets and the Fed’s TaperCaper decision process. One issue was overleveraged real estate development in China, and Evergrande was ground zero for...
Trillion-Dollar Lawsuit?! “The disappearance of $265 billion in bitcoin wealth was the result of Bitfinex and Tether propping and popping the largest bubble in history.” – Complaint Document, Section 113, Page 35 It’s crunch time for Tether: the company behind...
Binance Just Made Things Even More Interesting! Industry-leading crypto exchange Binance announced its “Project Venus,” a blockchain project with the primary focus of developing stablecoins and fiat-pegged digital assets on the Binance blockchain. The popular exchange...
Hacks, Losses, COVER-UPS?! A knee-jerk reaction to the controversial crypto exchange Bitfinex and the USD Tether stablecoin has triggered a slight blip in the otherwise new upward trend in cryptocurrencies. The exchange and stablecoin, which are both heavily connected...