Technological Leadership in the Crypto Space

Biden issued a presidential executive order to the US Treasury and regulatory agencies to coordinate regulation of digital assets, protect consumers, mitigate systemic risk, and drive US competitiveness and leadership in, and leveraging off digital asset technologies.

Goldman Sachs Group is exploring offering over-the-counter bilateral crypto options, signaling the bank’s deepening participation in helping institutions trade digital-currency derivatives. Bilateral options allow trades to be customized so that crypto holders such as hedge funds and Bitcoin miners can hedge risks or boost yields.

Our New Crypto Model Portfolio:

Create your free trial today https://www.investorsignals.com/register for more information call 1300 614 002.

US Stock Market

The graph of the S&P500 shows faltering short-term momentum with overhead resistance at 4590 in the S&P500 index.

Join Monday night’s webinar, where I’ll provide detail on the technical patterns that traders and investors should be watching.

Free trial: https://www.investorsignals.com/register

12/2 update:

19/2 update: The S&P500 remains below the 10-day average.

12/3 Update: The S&P500 remains below the 10-day average.

Federal Reserve’s First Rate Increase

Markets may have little reaction if the central bank carries out its quarter-point hike on Wednesday.

The Fed’s rate hike is expected, but investors will be watching to see what the central bank has to say about inflation and the economy, as well as its projections for future interest rate hikes.