The frenzy among apartment developers is at an all-time high with a staggering 1.1 million units currently under construction or awaiting permits.

This is a 60% increase from pre pandemic levels and even higher than the double peak witnessed during the 2007 housing bubble.

Unfortunately, this surge in apartment construction is not good news for real estate investors as it indicates an impending decrease in rental rates.

Source:US Census Bureau
By:@Nfthere

Binance exchange, manages the processing of billions of dollars worth of crypto assets for deposits and withdrawals daily.

However, according to a report by WSJ, traders have been withdrawing billions of dollars from the platform. This has led to some people referring to it as a "bank run on Binance".

@Nfthere

It appears that $MASK might require further consolidation, however, it seems promising for one final surge towards $8.7.

At the moment, I am simply anticipating the next move of $BTC.

@Nfthere

Breaking News

Binance and its founder Changpeng Zhao have been sued by the CFTC for violating trading rules and actively soliciting US users.

The filing has the potential to disrupt the exchange's operations and may be the start of a regulatory crackdown on the world's largest crypto exchange.

By:@Nfthere

Source:cnbc.com

$MATIC (Polygon) is poised for weekend volatility and is suitable for short but it comes with a high level of risk.


@Nfthere

This week is packed with significant data releases affecting the global economy and markets, such as:

~The Federal Reserve's favored inflation gauge (refer to the chart below).
~Key indicators for the US economy, such as personal income, spending, and housing.
~Inflation rates for both the Eurozone and Japan
~China's PMI.

In addition, there will be several speeches from Federal Reserve representatives.

Source:Bloomberg
BY:@Nfthere

The current trend in the BTC market appears to be driven by smaller investors, as larger investors, have not been buying in. Keep an eye on market developments and enjoy the ride.

@Nfthere

Samuel Benner's analysis from 1875 accurately predicted periods of panic, ideal times to buy and sell, and major events such as the Great Depression, World War II, the Dot Com Bubble, and the recent COVID crash.

Currently, the analysis suggests that we are in a phase of decreasing asset prices, which may indicate a good time to buy assets soon.


By @Nfthere
Image credit @Yahoo Finance