Back to Back Weekly Hammer Candles in BTC Only Been Seen Five Times Prior

Back to Back Weekly Hammer Candles in BTC Only Been Seen Five Times Prior

The past few weeks have been highly volatile for bitcoin (BTC), with price action reflecting sharp swings. In the past two weeks bitcoin traded on an open-high, lower-close candlestick pattern with double-digit percentage differences. The week beginning Feb. 24 saw bitcoin drop to a low of $78,167 and climb to a high of $96,515, a … Read more

Corruption trial of Chicago’s ‘Velvet Hammer’ draws to dramatic close

Corruption trial of Chicago’s ‘Velvet Hammer’ draws to dramatic close

The longest-serving legislative leader in US history, dubbed “the Velvet Hammer”, did what no one expected this month at a federal courthouse in Chicago: he took the stand to defend himself in his corruption trial. Mike Madigan, “a young 82” by his own testimony, told jurors that while people had often come to him for … Read more

Bonds hammer Fed rate cut bets as inflation greets Trump White House

Bonds hammer Fed rate cut bets as inflation greets Trump White House

The Federal Reserve might be unable to lower its benchmark lending rate until late in the autumn, market-derived data suggested Friday, as a global selloff in government bond markets suggests extended inflation pressures over the coming months.  A hotter-than-expected December jobs report, which included 256,000 new hires, most of them from the private sector, is … Read more