The Canadian Dollar (CAD) is modestly weaker on the session but losses may be moderating above 1.37 for now, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. USD/CAD gains may extend to 1.3775/1.3825 “The USD continues to trade above estimated fair value (1.3630). Communications from the BoC this week clearly highlight policymakers’ concerns … Read more
A version of this newsletter was originally published on lynalden.com. This newsletter issue analyzes three common misconceptions about the US federal debt and deficits. The ongoing nature of the deficits has several investment implications, but along the way it’s important to not get distracted by things that don’t add up. Fiscal Debt and Deficits 101 … Read more
The Smarter Web Company (AQUIS: SWC | OTCQB: TSWCF) announced it has acquired an additional 104.28 Bitcoin at an average price of £77,751 ($104,451) per Bitcoin, totaling £8.1 million. “Since 2023 The Smarter Web Company has adopted a policy of accepting payment in Bitcoin,” the company stated. “The Company believes that Bitcoin forms a core … Read more
Following a massive cyberattack on the country’s largest cryptocurrency exchange Nobitex, the Central Bank of Iran has restricted the operating hours of local crypto exchanges. According to the new regulation, exchanges will only be able to trade between 10:00 a.m. and 8:00 p.m. The restriction comes after an attack on the Tehran-based Nobitex exchange in … Read more
How Bitcoin rose amid soaring US debt While Washington, DC printed trillions, Bitcoin mined block by block, quietly evolving from digital experiment to global asset class. As policymakers increased government spending and implemented stimulus measures, the US national debt surged to over $37 trillion, sparking worries about inflation, currency devaluation and long-term fiscal stability. Meanwhile, … Read more
Bitcoin price has been ranging near its highs, consolidating before continuing higher. That is the belief many traders including veteran trader Kaleo, who’s tweet is cited below. Between 9-18 of June the total inflow in BTC ETFs is $2.408 billion. Eight consecutive days of positive inflows during which price has dropped from $110,000 down to … Read more
Representative Marjorie Taylor Greene, or her portfolio manager, has added a new name to her already active trading history. According to new disclosures reviewed by Finbold on June 19, Greene reported a first-time purchase of Snowflake Inc. (NYSE: SNOW) on June 6, buying between $1,001 and $15,000 worth of shares when the stock was trading at $210.84. … Read more
Opinion by: Badi Sudhakaran, co-founder, VALR Finance, as we know it, leaves far too many behind. This exclusion isn’t just about access to banking or financial services — it’s about dignity. When people can’t preserve their wealth or understand why their money loses value, they lose more than just purchasing power. They lose agency over … Read more
TLDR: XRP/BTC hovers at 0.0002054 BTC, nearing a breakdown point below 0.0002047 BTC. Ichimoku Cloud shows bearish pressure with no clear breakout above resistance levels. XRP’s daily trading volume dropped 33%, hinting at weak market participation. Bulls must defend monthly close levels to avoid further downside in XRP/BTC pair. XRP continues to trade in dangerous … Read more
Key takeaways: Bitcoin’s OBV is rising despite price consolidation, signaling hidden accumulation. A similar OBV divergence in March–April preceded a 57% BTC price rally. A confirmed bull flag breakout could send Bitcoin toward $130,000-135,000 by Q3 2025. Bitcoin (BTC) has been stuck in a range between $102,000 and $112,000 since May, but its on-balance volume … Read more