In the US stock market an illegal way to manipulate the market is with a wash trade. Wash trading is when someone simultaneously buys and sells a stock for the sole purpose of misleading other investors. According to Forbes, Bitcoin wash trades may constitute as much as 51% of all trading volume!
A significant problem for the USA is that the bulk of lithium mining, as well as battery production, takes place in China and other offshore locations. Supply chain disruptions stemming from the Covid pandemic and then from Russia’s war in Ukraine have heightened concerns about the economic and strategic security of the country. Reshoring of US manufacturing and mining of critical minerals have become an investable niche. In this regard we are taking a look at lithium mining investment possibilities.
Well before Powell was finished talking the stock market and crypt market both began to fall. Bitcoin fell below the important $20,000 barrier. Considering that rates are likely to keep going up, is there a predictable relationship of interest rates versus crypto value?