Day: January 19, 2022
A holy oath was taken to try to ensure the region’s power grid would work at its most efficient level, as crypto miners are blamed for drawing off too much juice. 2688 Total views 35 Total shares Residents of Svaneti, Georgia, have reportedly been made to pledge a holy oath they will not mine cryptocurrency […]
The Russell 2000 is taking the brunt of the broader market’s selloff, as the small-capitalization companies tracker is sinking 2.4% to put it on track for the lowest close since Jan. 29, 2021. The index has tumbled 13.6% since it closed at a record 2,442.74 a little over two months ago (Nov. 8). The selloff […]
Consumers will be able to leverage their BTC holdings and digital assets to purchase real estate in the U.S. 1175 Total views 8 Total shares Miami-based fintech startup Milo is introducing what it claims is the world’s first “crypto mortgage.” The digital bank will allow crypto investors to leverage their digital assets to purchase real […]
Despite the broad, sharp selloffs in the Big 3 stock market indexes, market internals suggest there is no panic in the selling, and there may even be signs that investors are looking to buy on the dip. The NYSE Arms Index, a volume-weighted breadth measure that tends to rise above 1.000 during market selloffs and […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Hanging Man reversal pattern close to the resistance level. At the moment, EURUSD is reversing and may form a new correctional impulse. In this case, the downside correctional target may be at 1.1370. However, an alternative scenario […]
Microsoft Crop. is acquiring gaming giant Activision Blizzard Inc. for $69 billion as part of a move to ramp up its gaming and Metaverse plans. Activision Blizzard is home to a long list of iconic gaming franchises such as Call of Duty, Overwatch, Candy Crush, World of Warcraft and Tony Hawk’s Pro-Skater. Following the deal, […]
Oil prices rose Tuesday to mark their highest settlement since 2014. “A lot of fundamentals just flipped to bullish and that could have oil prices continue to push higher,” said Edward Moya, senior market analyst at OANDA. “The Houthi drone attack on the UAE reignited worries about potential supply disruptions in the region,” and OPEC+ […]
At today’s meeting, theBank of Japan changed the balance of risks for inflation in the forecasttowards neutral, however, it barely raised its inflation forecast, which willlikely be regarded as a lack of urgency to raise the rate. In the case of moresignals from the Fed related to policy tightening, the yen is the first tosuccumb […]
GBPCAD Head & ShouldersThe rally in GBPCAD off the Q4 2021 lows looks now to have fizzled out with price putting in an interim double top formation around the 1.73 mark. Price has now broken below the neck of this pattern and with both MACD and RSI bearish here, the focus is on a further […]
Oil futures gained more ground in electronic trading late Tuesday, with U.S. benchmark prices near $87 a barrel after settling at their highest level in more than seven years. Turkey’s state pipeline operator Botas said it cut oil flow through the Kirkuk-Ceyhan crude oil pipeline after an explosion near the southeastern province of Kahramanmaras in […]
