March 24 2023 🕓 3 min
Banking remained the main driver this week – will it dictate the next?
The banking sector received another blow in form of Deutche Bank's troubling Friday. When will the banks recover?
Market Movers
March 24 2023
Nasdaq to offer crypto services in Q2
Nasdaq is about to launch crypto custody services in the second quarter of this year. Nasdaq is reportedly moving forward to get all the necessary technical setup and regulatory approvals ready.
March 24 2023
The EU stock market in red due to banks
The European stock market was brought down by the banking sector. DAX fell 2% due to ongoing fears that another bank will crash. Deutsche Bank is down 15%, while UBS along with Credit Suisse both lost around 6%. Other notable industry players like BNP Paribas and Commerzbank suffered losses as well.
March 24 2023
Bitcoin reportedly entered a supercycle
Bitcoin appears to be entering a new bullish “supercycle,” according to Bloomberg senior analyst Mike McGlone. He claims Bitcoin is the best-performing asset in 2023, increasing its price “nearly 10 times” as much as gold.
March 24 2023 🕓 3 min
Is copper on track for a massive rally?
Many significant investors expect copper prices to jump notably. What is this assumption currently based on?
March 24 2023 🕓 3 min
Deutsche Bank bleeds as contagion spreads
The banking crisis is not over, judging by today's price action in large EU banks. Should the investors in EU be worried?
March 24 2023 🕓 3 min
People made millions on Arbitrum airdrop – so why is ARB collapsing?
The crypto space welcomed new cryptocurrency project Arbitrum with huge excitement, but the token plunged 90% and even the website crashed.
March 24 2023 🕓 3 min
USD/JPY plunges toward 130; more losses likely
The bearish pressure is expected to continue as there is little support for the USD at the moment.
March 23 2023 🕓 3 min
Mixed messages after the Fed – markets are in a waiting mode
The US market turned green across the board as volatility makes for a roller coaster trading.
March 23 2023 🕓 3 min
Natural gas lifted after EIA data – is gas dead?
The fresh EIA storage data lifted the price of natural gas, however nothing ground-breaking happened. Will we see a rise ever again?
March 23 2023 🕓 2 min
FTSE struggles after BoE hike – future movement uncertain
Another rate hike seems to have disrupted the short-term bullish trend in the FTSE index.
Top posts
![Bitcoin at $1 million in 90 days? Balaji thinks so!]()
March 20 2023 🕓 6 minBitcoin at $1 million in 90 days? Balaji thinks so!
Former Coinbase CTO made a bet that the US dollar will enter hyperinflation and Bitcoin will be worth over $1 million in 3 months.![People made millions on Arbitrum airdrop – so why is ARB collapsing?]()
March 24 2023 🕓 3 minPeople made millions on Arbitrum airdrop – so why is ARB collapsing?
The crypto space welcomed new cryptocurrency project Arbitrum with huge excitement, but the token plunged 90% and even the website crashed.![Credit Suisse ends up being bought by UBS for a bargain price]()
March 20 2023 🕓 4 minCredit Suisse ends up being bought by UBS for a bargain price
Another bank bites the dust as the banking crisis continues.![Deutsche Bank bleeds as contagion spreads]()
March 24 2023 🕓 3 minDeutsche Bank bleeds as contagion spreads
The banking crisis is not over, judging by today's price action in large EU banks. Should the investors in EU be worried?![GBP/USD is on the rise – will the new macrodata elevate it even more?]()
March 20 2023 🕓 3 minGBP/USD is on the rise – will the new macrodata elevate it even more?
Sterling is edging higher in the battle against the US dollar. New data from Fed and BoE may tip the scales towards the pound.![Microsoft joins the Web3 race – Crypto wallet on the way!]()
March 20 2023 🕓 2 minMicrosoft joins the Web3 race – Crypto wallet on the way!
Microsoft is reportedly building its own crypto wallet, integrated inside of the company's web browser Edge.![Dollar index plunges to 6-week lows after dovish Fed decision]()
March 23 2023 🕓 3 minDollar index plunges to 6-week lows after dovish Fed decision
The USD looks to be heading lower as the hiking cycle in the US will be over soon.![US President’s Economic Report is wrong about crypto – here’s why]()
March 23 2023 🕓 9 minUS President’s Economic Report is wrong about crypto – here’s why
The fight between cryptocurrencies and central bank digital currencies (CBDCs) intensifies with the recent issue of the president's publication.![Is Fed going to save everyone?]()
March 21 2023 🕓 3 minIs Fed going to save everyone?
Safe havens gained as Fed is between two hard decisions. Fight the inflation which hurts the whole economy, or save the collapsing markets?Â![Natural gas lifted after EIA data – is gas dead?]()
March 23 2023 🕓 3 minNatural gas lifted after EIA data – is gas dead?
The fresh EIA storage data lifted the price of natural gas, however nothing ground-breaking happened. Will we see a rise ever again?![EUR/USD approaches 1-mth highs amid USD weakness]()
March 21 2023 🕓 3 minEUR/USD approaches 1-mth highs amid USD weakness
Today's trading could be less volatile as market players might stay on the sidelines ahead of tomorrow's Fed decision.![Nvidia flies to one-year highs amid AI partnertships]()
March 22 2023 🕓 3 minNvidia flies to one-year highs amid AI partnertships
Investors continue to pile into Nvidia's stock as it is (once again) experiencing a massive bull market.![The week finally started with less negativity]()
March 20 2023 🕓 4 minThe week finally started with less negativity
The banking sector seems to be calming down. UBS was the main headline of today's markets.![Mixed messages after the Fed – markets are in a waiting mode]()
March 23 2023 🕓 3 minMixed messages after the Fed – markets are in a waiting mode
The US market turned green across the board as volatility makes for a roller coaster trading.![Can debt be good for personal finance?]()
March 22 2023 🕓 5 minCan debt be good for personal finance?
Is debt really that bad? Are loans worth taking? This post explains how debt may benefit one's finances.
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Forex
March 24 2023 🕓 3 min
USD/JPY plunges toward 130; more losses likely
The bearish pressure is expected to continue as there is little support for the USD at the moment.
March 23 2023 🕓 3 min
Dollar index plunges to 6-week lows after dovish Fed decision
The USD looks to be heading lower as the hiking cycle in the US will be over soon.
March 22 2023 🕓 3 min
GBP/USD jumps after UK inflation; awaits Fed’s decision
Today's headline (FOMC) event could cause significant movements in the financial markets.
March 21 2023 🕓 3 min
EUR/USD approaches 1-mth highs amid USD weakness
Today's trading could be less volatile as market players might stay on the sidelines ahead of tomorrow's Fed decision.
Stocks
March 24 2023 🕓 3 min
Deutsche Bank bleeds as contagion spreads
The banking crisis is not over, judging by today's price action in large EU banks. Should the investors in EU be worried?
March 23 2023 🕓 2 min
FTSE struggles after BoE hike – future movement uncertain
Another rate hike seems to have disrupted the short-term bullish trend in the FTSE index.
March 22 2023 🕓 3 min
Nvidia flies to one-year highs amid AI partnertships
Investors continue to pile into Nvidia's stock as it is (once again) experiencing a massive bull market.
March 21 2023 🕓 3 min
Financial sector jumps as Yellen calms investors
Markets think the crisis is over, bidding up regional banks and the whole financial sector.
Commodities
March 24 2023 🕓 3 min
Is copper on track for a massive rally?
Many significant investors expect copper prices to jump notably. What is this assumption currently based on?
March 23 2023 🕓 3 min
Natural gas lifted after EIA data – is gas dead?
The fresh EIA storage data lifted the price of natural gas, however nothing ground-breaking happened. Will we see a rise ever again?
March 22 2023 🕓 3 min
Oil is recovering before Fed’s rate announcement – will it hold?
The crudes outlook definitely seems positive for now. Will the sentiment turn after Fed announces it's decision?
March 21 2023 🕓 3 min
Gold respects $2,000 resistance for now – can it smash through?
Gold could pause its rally as investors now anticipate the Fed’s monetary policy meeting, which can go either way.
Crypto
March 24 2023 🕓 3 min
People made millions on Arbitrum airdrop – so why is ARB collapsing?
The crypto space welcomed new cryptocurrency project Arbitrum with huge excitement, but the token plunged 90% and even the website crashed.
March 23 2023 🕓 9 min
US President’s Economic Report is wrong about crypto – here’s why
The fight between cryptocurrencies and central bank digital currencies (CBDCs) intensifies with the recent issue of the president's publication.
March 21 2023 🕓 7 min
Bitcoin: An extraordinary asset class defying traditional labels
Discover how Bitcoin challenges traditional asset classes and reshapes the financial landscape with its unique attributes.
March 20 2023 🕓 6 min
Bitcoin at $1 million in 90 days? Balaji thinks so!
Former Coinbase CTO made a bet that the US dollar will enter hyperinflation and Bitcoin will be worth over $1 million in 3 months.
