The hyperscalers won’t stand for the price gouging. That’s the message in today’s price action in the Nasdaq. There has been a tug of war this month between — as ZeroHedge calls them — the AI check writers and the AI check receivers. Yesterday, we saw a trio of announcements of megacap tech companies being forced to hike prices…

Read more

Answer Capsule: Bitcoin spot is still in a bearish lower-value reset after the June 24-25 liquidation. Buyers are showing real absorption near $58,000-$59,750, but BTC has not yet reclaimed $60,750-$61,000 or the stronger $61,750-$62,250 repair zone. My active spot-adjusted score is -3 / +10. Key takeaways Active BTC score: -3 / +10, replacing the prior futures-only blended 0 /…

Read more

Rate hike fears, a Korean chip rout, and an Iran escalation broke a key support level. Here’s what needs to happen for buyers to take it back. If you trade the Nasdaq 100 through QQQ, futures, or CFDs, here’s a closer look at what drove this week’s move and what could matter most next week. The Nasdaq 100 closed…

Read more

Bitcoin has spent today’s session chopping around the $60,000 level, trading between a low of $58,241 and a high of $60,656. Yesterday’s low of $58,035 was the weakest level since September 17, 2024. From a technical perspective, the recent slide has pushed the price below its 200-week moving average, currently at $62,446. Over the previous four weeks, Bitcoin repeatedly…

Read more

A look at the forces pushing bitcoin below $60,000, from rising rate-hike expectations to persistent ETF outflows, and the events that could decide the next move.

Read more

Trump writes: Numerous European Countries have been discussing the imminent implementation of a Digital Services Tax on American Companies. Some of these Countries are close to actually doing this. Please let this statement serve to represent that any Country that imposes such a Tax will immediately be met with a 100% TARIFF on any and all Goods sent to…

Read more