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Cryptocurrencies

Daily Market Outlook, May 30, 2024

Daily Market Outlook, May 30, 2024Munnelly’s Macro Minute…“Markets Jittery On US Yield Rise Ahead Of Auctions & Inflation Data”Asian stocks and currencies fell on Thursday due to restrained risk...

ETH Rally Stalls on Fed Easing Pushback

ETH Rally Stalls for NowThe rally in Ethereum, amidst optimism around expected SEC approval for ETH ETFs, has stalled for now with the market stagnating into a test of the 4003 level. Last Thursday...

Daily Market Outlook, May 29, 2024

Daily Market Outlook, May 29, 2024Munnelly’s Macro Minute…“Markets Rattled By Hawkish Fed Rhetoric Prompting Higher Yields”On Wednesday, Asian markets were evaluating the consequences of the overnight...

Daily Market Outlook, May 28, 2024

Daily Market Outlook, May 28, 2024Munnelly’s Macro Minute…“US & UK Back Online, Month End & Inflation Data Eyed”On Tuesday, Asian markets saw a second day of gains as the dollar weakened in...

BTC Rally Fades on Mt. Gox Transfers

BTC Under PressureBitcoin prices have come under fresh selling pressure today. Following a firm push higher yesterday, BTC futures have shed almost 5% from Monday’s peak. The driver behind the move is...

Daily Market Outlook, May 24, 2024

Daily Market Outlook, May 24, 2024Munnelly’s Macro Minute…“Profit Taking Ahead Of The Holiday Weekend”Asian markets and currencies experienced a decline after a sell-off on Wall Street, which was...

Bitcoin Reverses From Channel Resistance

Bitcoin Correction DeepensIt’s been a disappointing week for Bitcoin bulls. Following a breakout move to fresh one-month highs, BTC futures have since reversed and are now almost back down at the...

Daily Market Outlook, May 23, 2024

Daily Market Outlook, May 23, 2024Munnelly’s Macro Minute…“Nvidia Earnings Beat Sees US Markets Soar To New All Time Highs ”Following the release of positive quarterly results by Nvidia, US market...

Daily Market Outlook, May 22, 2024

Daily Market Outlook, May 22, 2024Munnelly’s Macro Minute…“Sticky UK Inflation Supports Sterling, FOMC & Nvidia On Deck Later”Asian equities stumbled due to a lack of domestic drivers, while the...