Day: January 13, 2022

Jan 13
'Emergency': Wikipedia editors vote against classifying NFTs as art

A group of editors on Wikipedia, the free user generated encyclopedia, have voted against classifying NFTs as a form of art and have come to a consensus to shelve the issue until a later date. A survey and debate started on the platform at the end of December revolving around the most expensive art sales […]

Jan 13
Nucor picks West Virginia for its new $2.7 billion steel mill

Nucor Corp. NUE, +3.50% said Wednesday it has selected Mason County, West Virginia as the site of its new sheet mill, which the steel maker said will have about 800 full-time employees. West Virginia won out over other locations evaluated by the company in Pennsylvania and Ohio. As previously announced in September, the company said […]

Jan 13
Fibonacci Retracements Analysis 13.01.2022 (Brent, Dow Jones)

Brent As we can see in the H4 chart, the situation has significantly changed over the last week. At the moment, Brent is steadily growing towards the high at 86.63. However, the asset may yet slightly correct before attacking this level. After breaking the high, the price may continue trading upwards to reach the post-correctional […]

Jan 13
Ichimoku Cloud Analysis 13.01.2022 (EURUSD, USDJPY, USDCAD)

EURUSD, “Euro vs US Dollar” EURUSD is trading at 1.1440; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.1395 and then resume moving upwards to reach 1.1525. Another signal in favour of a further uptrend will be a […]

Jan 13
LÜM to launch ‘Access Pass’ NFTs for 25 globally known musicians

“We really wanted to model ourselves off NBA Top Shot. A community that was building collective value by bringing players underneath an individual umbrella,” said LÜM CEO and Founder Max Fergus. 1085 Total views 24 Total shares U.S.-based music platform LÜM is set to announce 25 partnerships with globally known musicians as part of a […]

Jan 13
U-Haul rates show migration trends to the Southeast, Texas and Florida continue

An analysis of U-Haul rental rates suggests the migration trends to Southeast cities, Texas and Florida has continued in January and is broad based, according to analyst Rafe Jadrosich at BofA Securities. Jadrosich said he believes higher U-Haul rental rates for one-way routes compared with different routes with the same mileage, such as reverse moves, […]

Jan 13
USDCHF, H4 | Bullish Breakout

Type: Bullish BounceKey Levels:Resistance: 0.9301Pivot: 0.92306Support: 0.92054Preferred Case:Price broke out of the descending trendline resistance, signifying an overall bullish momentum. We can expect price to bounce from pivot level in line with 100% Fibonacci projection and 50% Fibonacci retracement towards 1st Resistance in line with 127.2% Fibonacci projection. Our bullish bias is further supported by […]

Jan 13
Solana could become the 'Visa of crypto': Bank of America

The Bank of America strategist stated that Solana is set to take a slice of Ethereum’s market share, due to its advantages of low transaction fees, scalability and ease of use. 249 Total views 11 Total shares Bank of America digital asset strategist Alkesh Shah has predicted that Ethereum competitor Solana could become the “Visa […]

Jan 13
Jan. 6 committee asks House Minority Leader McCarthy for interview

The House panel probing the insurrection at the U.S. Capitol requested an interview and records from House Minority Leader Kevin McCarthy on Wednesday, reports said. The California Republican is a top ally of former President Donald Trump. Mississippi Rep. Bennie Thompson, Democratic chairman of the panel, requested that McCarthy provide information to the panel regarding […]

Jan 13
Ichimoku Cloud Analysis 12.01.2022 (GBPUSD, XAUUSD, USDCHF)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is trading at 1.3639; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.3605 and then resume moving upwards to reach 1.3730. Another signal in favour of a further uptrend will […]