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Carlos Abiassaf

What is behind the recent rally?

What is behind the recent rally?

We witnessed in the past two days a surge in crypto, stocks, and other asset prices. BTC/USD: +6% ETH/USD: +12% SPY/USD: +4% EUR/USD:+1.8 Is it the end of the bear market? Is it a bull trap? or is it just some market volatility? We

The beginning of the end for the PetroDollar?

The beginning of the end for the PetroDollar?

Petrodollars are crude oil export revenues denominated in U.S. dollars. The term gained currency in the mid-1970s when soaring oil prices generated large trade and current account surpluses for oil-exporting countries. Oil sales and the resulting current account surpluses were denominated in dollars because the U.S. dollar was

September CPI

September CPI

The data regarding the consumer price index known short as CPI for the month of September got released by the U.S bureau of labor statistics 4 days ago averaging a staggering 8.2% year-over-year inflation. What does it mean? This new data tell us that inflation is still rising

Does technical analysis works?

Does technical analysis works?

Preview In finance, technical analysis is a methodology for analyzing and forecasting the direction of prices through the study of past market data, primarily price and volume. Behavioral economics and quantitative analysis use many of the same tools of technical analysis. Fundamental analysts examine earnings, dividends, assets, quality, ratios, new

Google to accept crypto for cloud payments

Google to accept crypto for cloud payments

Google said Tuesday that it will use Coinbase to start letting some customers pay for cloud services with cryptocurrencies early in 2023, while Coinbase said it would draw on Google’s cloud infrastructure. The deal announced at Google’s Cloud Next conference might succeed in luring cutting-edge companies to Google

Binance smart chain got hacked for $600 million

Binance smart chain got hacked for $600 million

One of the biggest hacks in the crypto universe turned out not to be so big after all. Binance revealed Friday that unidentified hackers managed to exploit the company's BNB Chain crypto token, allowing them to mint 2 million of the company’s decentralized tokens worth a total

What are CBDC?

What are CBDC?

We all have seen in the past couple of years people on the news, on Twitter, and everywhere talking about CBDC and how their creation will either be a good addition to humanity or how it will be a virus from Satan. Let's get things straight CBDC stands