Describing the current economic state, including pending inflation, Anthony Pompliano noted exiting cash into other assets as the key to wealth. During a recent YouTube livestream, Morgan Creek Digital co-founder and crypto expert Anthony Pompliano detailed the current post-COIVD-19 economy, noting the U.S. government’s money printing and spending efforts. “There is a devaluation of […]
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Anthony Pompliano said recent unemployment has surged faster than the U.S. saw during the Great Depression, but what does that mean for crypto? Morgan Creek Digital co-founder Anthony Pompliano, also known as Pomp, jumped on a YouTube livestream on July 18, talking about the current economic state and its future. “In 1929, which was the […]
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Key U.S. federal stimulus programs are set to expire soon and if they are not renewed the stock market and Bitcoin price could crash again. A recent newsletter to Delphi Digital clients delved into the economic aftermath of the coronavirus pandemic and how the current fiscal stimulus package from the U.S. Federal Reserve could be […]
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Open Interest for crypto futures are rising at Bybit despite Bitcoin’s record-low volatility. Recent data from Skew shows that open interest for Bitcoin (BTC) has been rising on the Bybit crypto trading platform, reaching a new high at $434 million on July 14 for the Tether (USDT) and USD pairs combined. BTC Futures – Bybit Open […]
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Cointelegraph Markets analyst filbfilb warns that weeks of compression will soon be over — but the close must be higher to turn bullish. Bitcoin (BTC) must reclaim $9,400 as soon as possible in order to change its bearish course, says Cointelegraph Markets analyst filbfilb. In an update on social media on July 16, the popular […]
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Hackers were able to get away with posting fake Bitcoin giveaways on various Twitter accounts thanks to high level internal admin access. Crypto scammers responsible for what could be the largest ever hack on Twitter were able to succeed because individual employees have high levels of access to information and control on the platform. In […]
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Four macro indicators suggest a Bitcoin uptrend is near, following nearly two months of stagnation in a tight range. Since early May, the price of Bitcoin has been at a standstill in a tight range between $8,500 and $10,000. For most of the past month, BTC has remained between $9,000 and $9,500 as realized volatility […]
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Smucker will use a blockchain to trace Colombian coffee beans while letting consumers make donations to coffee farmers in Colombia. The J.M. Smucker Company, also known as Smucker’s, has announced that it will use blockchain technology to trace Colombian coffee beans directly back to their source while allowing consumers the opportunity to support coffee farmers. […]
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The S&P 500 sees a TD9 sell signal confirmed on multiple time frames but traders remain optimistic about the price of Bitcoin. The TD9 sell indicator emerged on the S&P 500 chart across various time frames. Considering the heightened level of correlation between Bitcoin and stocks, it might hint at a short-term BTC price pullback. […]
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The Islamic world seems primed for widespread digital asset adoption, as well-respected scholars claim that crypto trading is fully compatible with Sharia law. Even though in most western countries today, matters related to religion and money have been independent of one another. However, in Islam, especially those following the Shariah code of ethics, the two […]
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