Day: January 27, 2022

Jan 27
NASA blasts NFTs: Says they won't take off with its imagery

Concerning NFTs, NASA stated that it “does not wish for its images to be used for these purposes. 2297 Total views 28 Total shares Despite a general consensus amongst degen apes that NFTs are headed to the proverbial moon, space agency NASA has revealed it will not clear the use of its content and logos […]

Jan 27
Gold settles lower, little changed after Fed statement

Gold futures settled lower on Wednesday, then traded little changed in electronic trading after Federal Reserve officials said they expect it “will soon be appropriate to raise” interest rates. Worries about the effects rising interest rates could have on nonyielding bullion have been among the key bearish near-term drivers for gold. February gold GCG22, -1.01% […]

Jan 27
ETH to hit $20 trillion market cap by 2030: Ark Invest

ARK Invest’s new report predicts Ether’s market cap will reach $20 trillion and the Bitcoin price will exceed $1 million by 2030 based on BTC’s use cases and how ETH captures market share from TradFi. 643 Total views 3 Total shares A new report from Cathy Woods’ ARK Invest forecasts Ethereum (ETH) will meet or […]

Jan 27
Rivian stock jumps after report saying factory is ramping production

Shares of Rivian Automotive Inc. RIVN, +1.11% rose more than 8% Wednesday, poised to end at their highest since Dec. 27. Bloomberg earlier Wednesday reported that Rivian is picking up the pace at its Normal, Ill., plant following a week-long production halt earlier this month. According to report, which cited people familiar with the issue, […]

Jan 27
Murrey Math Lines 26.01.2022 (USDJPY, USDCAD)

USDJPY, “US Dollar vs. Japanese Yen” As we can see in the H4 chart, USDJPY is trading below the 200-day Moving Average, thus indicating a possible descending tendency. In this case, the price is expected to test 3/8, break it, and then continue falling to reach the support at 1/8. However, this scenario may no […]

Jan 27
Japanese Candlesticks Analysis 26.01.2022 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, the asset has formed a Hammer reversal pattern close to the support level. At the moment, EURUSD is reversing and may form a new rising impulse. In this case, the upside target may be at 1.1340. However, an alternative scenario implies that […]

Jan 27
Market Spotlight: Trading Today's BOC Decision

Hawkish Expectations Ahead of BOCAhead of the FOMC tonight, the Bank of Canada rate decision later today is drawing a great deal of attention given the market’s hawkish expectations. With Inflation seen hitting thirty year highs in December and with BOC governor Macklem noting that slack in the Canadian economy had “substantially diminished”,current market pricing […]

Jan 27
Has Bitcoin Hit A Turning Point?

Bitcoin Heads Lower (Again!)Just as Bitcoin bulls thought it couldn’t get any worse, the market took another leg lower this week. Following an almost 20% decline last week, the bulk of which came on Friday as the market lurched beneath 4151 support, prices opened up under heavy selling pressure this week. BTC was down over […]

Jan 27
Qualtrics reports first $1 billion fiscal year, driving up shares 10%

Shares of Qualtrics International Inc. XM, -1.22% spiked 10% in extended trading Wednesday after the experience-management technology company reported fiscal fourth-quarter results. Qualtrics reported a net loss of $309.8 million, or 56 cents a share, compared with a net loss of $14.5 million, or 3 cents a share, in the year-ago quarter. The company reported […]

Jan 27
Crypto policy advocacy group warns of 'disastrous' provision in a new US bill

According to Coin Center director, the proposed bill would essentially bypass existing checks and balances on the Treasury Secretary’s authority in surveilling financial institutions, including crypto firms. 4485 Total views 270 Total shares Jerry Brito, the executive director of non-profit crypto policy advocate group Coin Center, suggested U.S. residents call their elected officials over possible […]