Inflation could get worse than expected, Bitcoin massive price surge prediction and Prop Trading Firms

The Daily Leo #327

Aug 4

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Inflation Could Get Worse Than Expected. Here’s Why.

Inflation in the USA could get worse than expected and the main reason for this is oil prices. Because oil is intimately related to transportation costs, an increase in oil prices affects almost all businesses.

Oil prices had dropped lower earlier this year so the expectation was of reduction in inflation. However...

How To Find Bargain Stocks With The Kirkpatrick Screening Strategy

The S&P 500 index is making a recovery after one of the worst performances since the 2008 financial crisis. With a new bull market potentially around the corner, this can be a great time to pick some bargain stocks.

The Kirkpatrick Bargain stock-picking strategy is a purely mechanical process that depends on facts instead of predictions to help investors avoid their own biases that ultimately cost them money.

Here is how it works...

Cardano Founder Blasts US Policies And Crypto Approach After Debt Downgrade

Charles Hoskinson, the founder of Cardano, criticized the United State's economic policies and handling of emerging technologies.

Hoskinson pointed out the national debt of over $30 trillion and the challenges consistent budget deficits pose. He also highlighted the issues with doubling the country’s money supply within 24 months.

Moreover, Hoskinson raised concerns about the United States losing its competitive advantage...

Bitcoin Analyst Predicts Massive Price Surge After Ongoing Period of Low Volatility

A popular cryptocurrency analyst has recently predicted that the current calm in the market could be a precursor to a colossal surge in the price of the flagship cryptocurrency Bitcoin ($BTC), based on data from on-chain analytics firm Glassnode.

He pointed out that Bitcoin’s current low volatility may be an opportune moment to exercise patience, noting that low volatility may not be an indicator of stagnancy, but a preamble to a potential price explosion, harking back to Bitcoin’s historical trends.

Per the analyst, Bitcoin’s current volatility is the...

How Cardano’s New Project Catalyst Testnet Changes the Game

Project Catalyst is gearing up to take the next step in its evolution. The Cardano innovation engine is actively working on launching a testnet, which would operate in parallel to the Production Catalyst deployment system and utilize Cardano’s Preprod testnet as its source for registration data.

The Catalyst Testnet would use the latest code base and allow developers to experiment with ideas, mechanisms, and tools safely. Project Catalyst’s testnet opens up exciting avenues for the Cardano community, enabling community members to...

What is a Prop Trading Firm and Should You Join One?

Are you a crypto trader looking to take the next step on your trading journey or maybe someone new to crypto who is looking to get into trading?

If you answered yes to any of the questions above, Prop Trading Firms might be just the thing for you.

In this great article on LeoFinance, The Logical Dude explains the concept of Prop Trading Firms and gives you some tips to help you decide whether you should join one.

In simple terms, a Prop Trading Firm is...

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