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James Wynn Warning: Cryptocurrency and Stock Market to Experience 'Bloodbath'

2 days ago

On December 9, James Wynn issued repeated warnings that both the cryptocurrency and stock markets are poised for a "bloodbath," urging investors to prioritize "wealth preservation and security." Prior to this, on December 4, the "bankrupt" trader confirmed in a post that he had closed his Bitcoin short position five days earlier. He expressed optimism about a rebound, expecting Bitcoin to climb to a range of $97,000 to $103,000 before a subsequent decline. Per his chart analysis, Wynn projects Bitcoin could drop to a low of $46,618. On November 10 and 25, Wynn made two bearish calls on Platform X, accurately warning of Bitcoin’s downturn—though the magnitude of the drop fell far short of his predicted $67,000 level.
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Trump: Rate cut amount is too small, could have been doubled

On December 11, U.S. President Trump reiterated criticism of Federal Reserve Chair Powell, noting the Fed’s rate cut was too small and could have been larger. FXStreet: Fed could have doubled the size of its rate cut.

2 hours ago

Chair Powell's Remarks: Nothing about "Hawkish Rate Cut"

On December 11th, Informa Global Markets weighed in on Federal Reserve Chair Jerome Powell’s latest speech—specifically the so-called “hawkish rate cut” dynamic. Powell noted tension in the Fed’s dual mandate, while acknowledging little has changed since the central bank’s last meeting. His overall stance remained consistent with prior remarks. The most memorable line from the press conference: “The current economy isn’t like an overheated one that triggers wage-driven inflation.” (Source: ForexLive)

2 hours ago

Spot Silver Hits Another All-Time High

On December 11, spot silver surged $1 in intraday trading, reaching a new all-time high of $61.73 per ounce—with an intraday gain of 1.66%. (FX168)

2 hours ago

Institution Rates FOMC Decision: Moderately Dovish

On December 11, Informa Global Markets weighed in on the FOMC’s decision, calling it mildly dovish—only two committee members dissented against a rate cut, favoring keeping rates unchanged. Wall Street had braced for a more hawkish tone from inflation hawks—but the hawks blinked when the vote rolled around, per FXStreet.

2 hours ago

Bitcoin Surpasses $94,000

On December 11th, per HTX market data, Bitcoin has broken through $94,000, posting a 0.37% gain over the past 24 hours.

2 hours ago

Powell stated that a rate hike is not the current baseline expectation, suggesting that interest rates may remain unchanged in the short term

On Dec. 11, Federal Reserve Chair Jerome Powell told reporters at a press conference that the Fed is unlikely to raise rates next—since policymakers’ new projections don’t align with economic fundamentals. “I don’t think a rate hike is anyone’s baseline expectation,” Powell said. Meanwhile, he signaled rates could stay on hold in the near term. (FXStreet)

2 hours ago

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