JANUARY: MONTH WITHOUT INTEREST RATE DECISION BUT INTENSE.
If you do NOT take this into account, the VOLATILITY will SURPRISE you.
On Monday 2 we have the MANUFACTURING PMI from ISM ▫️This data has a GREAT CORRELATION with #Bitcoin and altcoins. ▫️Whenever it exceeded 50 it was positive for #crypto (currently 47.9)
On Tuesday 3 we have the JOLTS job openings survey ▫️Fewer job openings could signal rate cuts
On Wednesday 4 we have the ADP non-farm employment change ▫️More unemployment could signal rate cuts
On Friday 6 we have the labor report ▫️This is the most relevant data for the FED... An increase in the unemployment rate could signal rate cuts
On Wednesday 11 we have the 2nd most relevant data for the FED, the CPI inflation ▫️LESS inflation could lead us to an INTEREST RATE CUT in March
A month with FEW DATA, but nonetheless, RELEVANT for the financial markets It would be POSITIVE for the financial markets to see LESS INFLATION and a SLIGHT increase in UNEMPLOYMENT (not too much because it could raise concerns about recession/economic activity decline)
KRAKacquisition Corp, linked to Kraken, has closed an expanded IPO of 345 million dollars and is now listed on Nasdaq.
The SPAC began trading on January 28 under the symbol KRAQU, surpassing its initially expected fundraising of 250 million dollars, as many cryptocurrency companies explore public markets.
Bitcoin is facing its worst streak of monthly losses since 2018
Bitcoin is heading towards its worst streak of monthly losses in over six years, as macroeconomic pressure and risk aversion continue to weigh on the price.
The SEC chairman, Paul Atkins, says that "now is the right time" for 401(k) retirement plans to include cryptocurrencies with the appropriate protections, a measure that would open the $10 trillion pension market to digital assets.
Binance announces that it will convert the stablecoin reserves of approximately $1 billion from its SAFU fund into BTC over the next 30 days, with plans to replenish them to $1 billion if Bitcoin falls below $80,000.
Nubank, a friendly Brazilian digital bank with cryptocurrencies, receives conditional approval from the OCC to establish a national bank in the United States.
The CFTC will draft new rules for prediction markets
The chairman of the CFTC, Mike Selig, stated that the agency will draft new regulations for prediction markets like Polymarket and Kalshi, and will withdraw previous efforts to ban contracts for sporting and political events.
The fear of Bitcoin reaches highs of 2026 as negative sentiment increases with the drop to $ 84,2K, historically a signal of capitulation before smart money accumulates, according to Santiment.
The revenue of $AAPL for the first quarter increased by 16% year-over-year, reaching $143,760 million. Sales of iPhone increased by 23% year-over-year, reaching a record $85,270 million, while Apple's active device base surpassed 2,500 million worldwide.
Nasdaq has received the request for Form 8-A 12(b) from Cyber Hornet Trust for several proposed ETFs, including one linked to $XRP.
A highlighted proposal combines exposure to the S&P 500 and XRP, which could make it one of the first hybrid traditional/cryptocurrency ETFs to include XRP.
KAZAKHSTAN WILL BUILD NATIONAL CRYPTOCURRENCY RESERVES WITH SEIZED BITCOIN
After closing 130 illegal exchange platforms and seizing millions of dollars in assets by the authorities, the central bank of Kazakhstan announced that it will allocate 350 million dollars, from confiscated cryptocurrencies, to strengthen the national cryptocurrency reserves.
More than $773 million in cryptocurrency positions have been liquidated in the last 60 minutes, with $764.23 million in long positions and $9.59 million in short positions.