Coinrule

Frothy Times

By Oleg Giberstein | May 12, 2023May 12, 2023 by Oleg Giberstein

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…

Crypto Automated Trading

Dancing on the Ceiling

By Oleg Giberstein | April 27, 2023April 27, 2023 by Oleg Giberstein

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…

Crypto Automated Trading

One and Done?

By Oleg Giberstein | April 16, 2023April 17, 2023 by Oleg Giberstein

Last week the market received the news that inflation figures came in cooler than expected. Core CPI data was in line with predictions at 5.6%, higher than the previous reading of 5.5%. However, headline CPI came in at 5%, lower than the expected 5.1%. As such, risk assets began to rally. Due to the Fed’s data dependency, one would expect that these figures would significantly increase the likelihood of the Fed pausing rate hikes in…

Crypto Automated Trading

QE or QT?

By Oleg Giberstein | March 31, 2023March 31, 2023 by Oleg Giberstein

Last week, the Federal Reserve (Fed) went ahead with the 25bps hike that many expected, causing a spike in the U.S. dollar and a temporary halt to the rally that equities and risk-on assets were experiencing. This rate hike has come under scrutiny from market analysts. In the past two weeks since Silicon Valley Bank (SVB) and Silvergate Capital collapsed, there has been a multi-billion dollar capital outflow from financial institutions. The primary driver of…

Crypto Automated Trading

How to Reduce Risk as a Crypto Trader and Crypto Trading Bot User

By Oleg Giberstein | March 24, 2023March 28, 2023 by Oleg Giberstein

Introduction Being a crypto trader or user of a crypto trading bot and wanting to know how to reduce risk is important. Risk management is one of the most important aspects of investing, and it’s especially crucial in the world of crypto trading. Today, we over at Coinrule, are going to help with a few risk management tips. Truth is that if you do not manage risk properly, there’s a chance traders will lose more…

Crypto Automated Trading

Bonds Backfiring

By Oleg Giberstein | March 16, 2023March 28, 2023 by Oleg Giberstein

Two financial institutions, Silvergate Capital and Silicon Valley Bank (SVB), collapsed early last week due to a series of ill-fated investment decisions which were exposed by global interest rate tightening. The collapses came after the institutions invested large amounts of capital in long-dated US government bonds, which were considered relatively low risk. However, as interest rates rose rapidly to combat spiralling inflation, bond portfolios started to lose significant value. As a result, when cash demands…

Crypto Automated Trading

Sweet Divergence

By Oleg Giberstein | March 2, 2023March 28, 2023 by Oleg Giberstein

Since the start of January, most leading macro markets have experienced a reversal around their 38.2% Fibonacci retracement levels. However, BTC has shown resilience and fought the cross-asset sell-off. This divergence is likely driven by the fact that there has been over $1 trillion in net liquidity added to the market since the bottom in October, primarily driven by the People’s Bank of China and the Bank of Japan, helping to off-set the damage the…

Crypto Automated Trading

Don’t Fight The Fed

By Oleg Giberstein | February 15, 2023March 28, 2023 by Oleg Giberstein

U.S. CPI inflation data was published on Tuesday. On a year-over-year (YoY) basis, inflation data came in hot at 0.21% above expectations. Despite inflation slowing YoY, expectations had been that current data would come out lower. Consequently, risk assets and equities have taken a short-term hit whilst the dollar gained some bullish momentum as this data increases the possibility of future Federal Reserve (Fed) rate hikes. What matters more in trading is often how the…

Crypto Automated Trading

The Power of Crypto Trading Bots

By Oleg Giberstein | February 6, 2023March 28, 2023 by Oleg Giberstein

Introduction to Crypto Trading Bots You have probably heard of Bitcoin and other cryptocurrencies and you have considered crypto trading. Cryptocurrencies are a digital form of money that is becoming increasingly popular. They are a revolutionary new way of doing business and are here to stay. One of the main ways to buy and sell cryptocurrencies is through crypto trading. Crypto trading is the process of buying and selling cryptocurrencies on exchanges. It can be…

Crypto Automated Trading

Fight or Flight?

By Oleg Giberstein | February 3, 2023March 28, 2023 by Oleg Giberstein

On February 1st, the Federal Open Market Committee (FOMC) meeting minutes were released, and the Fed announced a 25bps rate hike. As such, markets started to rally. An interesting note is that the FOMC meeting minutes and the associated press conference appeared contradictory in nature because there was not a straightforward hawkish or dovish narrative across both. The statement was hawkish. Meanwhile, Fed Chairman Powell’s language in the press conference was remarkably dovish, describing the…