the daily degen 🦍(06Jul23)
handle.fi daily market update
market data
market news
Binance Australia’s offices searched by financial regulator: Bloomberg. The report cites anonymous sources but follows on from an ongoing investigation in which their derivative license was canceled in April. "We are cooperating with local authorities and Binance is focused on meeting local regulatory standards in order to serve our users in Australia in a fully compliant manner,” a Binance Australia spokesperson told CoinDesk in an e-mailed
Blackrock CEO Larry Fink has praised Bitcoin in an interview with Fox Business saying “I do believe the role of crypto is digitalizing gold, in many ways,” said Fink. “Instead of investing in gold as a hedge against the onerous problems of any one country.” This is a welcome change from a man who once claimed Bitcoin as an “index of money laundering,”.
Fed minutes have been released from their June meeting with officials seemingly less united then their unanimous decision had suggested. As a result there has been an increase in expectations according to CME FedWatch with a 89.9% chance of a 25bps increase now expected.
around the twitterverse…
https://twitter.com/0xngmi/status/1676062220298633217
https://twitter.com/NorthRockLP/status/1676603040973967361
https://twitter.com/tedtalksmacro/status/1676677564541071362
https://twitter.com/arndxt_xo/status/1676509883569676290
trade ideas
trade: long USD/ CAD
USD/ CAD has reclaimed an important level at 132. With the added confluence of the FED seemingly supporting a ‘higher for longer’ attitude this could continue to strengthen. If it is to push up, its first level of resistance is around 1.365 and then above that 1.385. If it loses the 132 support level then the trend would be bearish and the June lows may not hold.
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