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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

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

FOMC review

FOMC review

The FOMC meeting for September was held on Tuesday the 21st. How did this impact markets? and does it tells us about the future? Key points · The Fed hiked interest rates by 75 basis points (0.75%) · The Fed's main goal is still fighting inflation · The Fed expects

CPI and Fed meeting what this means for crypto?

CPI and Fed meeting what this means for crypto?

The Consumer Price Index (CPI) measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services(it basically measures inflation). This number is very important for investors in financial assets like crypto, stocks, or real states because it can

How the Biden administration's student loan forgiveness may impact the crypto market?

How the Biden administration's student loan forgiveness may impact the crypto market?

President Joe Biden was met with waves of excitement and criticism Wednesday when he launched plans to forgive up to $20,000 in student loan debt for some borrowers. Now that millions of especially young Americans are about to be less burdened with debt, it may be natural to wonder:

Iran Approves Use Of Cryptocurrency For Imports

Iran Approves Use Of Cryptocurrency For Imports

Iran has officially approved the use of cryptocurrency for imports as a measure to circumvent US sanctions imposed on its finance and banking sector. Industry, Mines, and Trade Minister Reza Fatemi Amin said on Monday that the regulations for using cryptocurrencies instead of dollars and euros were finalized by the