Crypto Automated Trading

Rating Rumble

On Tuesday, in a dramatic and unexpected move, renowned rating entity Fitch made the decision to downgrade the U.S. government’s supreme credit rating. The U.S. was demoted to an AA+ status from its previously pristine AAA rating. The downgrade was driven by the projected fiscal decline over the coming three years, and the now-recurring last-minute debt ceiling negotiations that jeopardise the government’s capacity to service its obligations. This bold move provoked a swift and harsh…

Continue reading

Crypto Automated Trading

Ripple’s Riptide

Unleashing a ripple through the crypto market, the recent XRP ruling by Federal Judge Analisa Torres represents a revolutionary stride forward for the crypto industry. This unprecedented landmark decision—the first judicial ruling since the SEC’s seminal lawsuit against Ripple in 2020—has etched an innovative pathway for digital assets, establishing a distinct classification for the sales of XRP and other altcoins. However, the court ruling was not a clean sweep for XRP; the asset fell short…

Continue reading

Crypto Automated Trading

Cosmic Tides, Economic Strides

As the 4th of July recess draws to a close, we set sail into the traditional second half of the fiscal trading year. This year’s Independence Day came with an added highlight – the “Super” Full Buck Moon. For the more superstitious traders, this marked the first Supermoon of the year and the beginning of a series of four that will be visible until the end of September. Maybe there are more superstitious traders out…

Continue reading

Crypto Automated Trading

Tightening Tensions

As we step into the riveting theatre of this week’s markets, we find ourselves in a world where contrasts paint the canvas. Equity markets have been on a downward slide since Friday, while in contrast, cryptocurrency markets have seized the spotlight and made a remarkable upward shift with Bitcoin at the forefront.  The surge seems to be fueled by renewed hope for the approval of a spot Bitcoin Exchange-Traded Fund (ETF), especially after BlackRock, the…

Continue reading

Crypto Automated Trading

Revolutionising Rewards: Coinrule & CoinGecko

We’re thrilled to bring you a game-changing announcement from the heart of the crypto world. Coinrule is joining hands with CoinGecko, one of the world’s largest and most trusted cryptocurrency data aggregators, in a partnership that promises to bring some exciting new rewards. Starting today, CoinGecko users can redeem their well-earned Candy Rewards for a lifetime 25% discount on any of Coinrule’s monthly or annual subscriptions. Yes, you read it correctly – a lifetime discount,…

Continue reading

Crypto Automated Trading

Lawsuits and Liquidations

On June 3rd, the United States Congress raised the debt ceiling by $1.2 trillion,  sidestepping the looming spectre of government default and shutdown. This move grants the government borrowing latitude until December 16, 2025, successfully mollifying market anxiety.  While equity markets have maintained an aura of calm in recent days, a storm has engulfed the cryptocurrency realm. The SEC, with a predator’s intensity, has launched a sweeping regulatory offensive that precipitated a short-term plunge in…

Continue reading

Crypto Automated Trading

Bearish Bites

On Wednesday, the curtain lifted on the latest FOMC Meeting Minutes, revealing a surprising level of division among Fed members concerning potential interest rate hikes for the forthcoming meeting scheduled for June 14. While unity and consensus often paint the picture within these meetings, this particular gathering has been marked by conflicting perspectives and a degree of uncertainty. A subset of members is now expressing increasing concerns about the risk of overtightening. These worries stem…

Continue reading

Crypto Automated Trading

Uniswap is Live on Coinrule

We are thrilled to announce the launch of Notify for Uniswap- a game-changer for all Coinrule users. What is the DeFi Notify Feature? The Decentralised Finance (DeFi) Notify Feature provides real-time notifications based on your personalised conditions. This groundbreaking feature allows you to receive alerts via Telegram or email whenever a cryptocurrency meets the criteria you’ve specified. You set the rules, and DeFi Notify will do the tracking. This means you can stay ahead of…

Continue reading

Crypto Automated Trading

Frothy Times

On Wednesday, inflation prints (CPI) came in below expectations of a ‘hot’ print which would have likely indicated that the Federal Reserve will continue tightening rates. Cryptocurrency and equities markets reacted positively while bond yields dropped. These numbers are expected to persuade the Fed to lean more towards a “pause” stance for its next FOMC meeting in June.  Meanwhile, markets are still concerned about the debt ceiling crisis as negotiations have not shown much progress…

Continue reading

Crypto Automated Trading

Dancing on the Ceiling

In recent days, a variety of technology stocks have surged as a result of robust earnings reports. Microsoft’s impressive cloud and AI performance have been particularly noteworthy, leading to a ~8% increase in its stock value. The company was on the verge of breaking its single-day record for market capitalization growth.  In contrast, cryptocurrency markets have experienced a far more substantial upswing than equities over the past few days. Bitcoin has once again spearheaded the…

Continue reading