Day: January 31, 2022

Jan 31
Bitcoin price down 20% so far in 2022 after worst January since 2018

Bitcoin (BTC) is heading for its worst January performance in four years — could all not be what it seems? Data from on-chain analytics resource Coinglass shows January 2022 to be the least profitable since the peak of Bitcoin’s last halving cycle. Investors, however, are still waiting for a “blow-off top.” Will Bitcoin see a rare “red” […]

Jan 31
Congressman Earl Perlmutter reintroduces SAFE Banking measure for cannabis companies

Congressman Ed Perlmutter, D., Colo., said Friday he has attached the Secure and Fair Enforcement (SAFE) Banking Act for cannabis companies to an existing bill called the America Competes Act. The America Competes Act addresses research and innovation efforts as a non-cannabis specific bill. “Cannabis-related businesses – big and small – are in desperate need […]

Jan 31
Hexo gets Nasdaq notice that it's not compliant with listing rules after stock traded below $1 for more than 30 days

Canadian cannabis company Hexo Corp. HEXO, +3.68% said Monday it has received notification from the Nasdaq exchange that it is not in compliance with minimum bid price requirements, after the stock traded below $1 for 30 straight trading days. Hexo shares closed Friday at 50 cents. The company now has 180 calendar days to regain […]

Jan 31
Fibonacci Retracements Analysis 31.01.2022 (GOLD, USDCHF)

XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, after attempting to reach the high at 1877.09, XAUUSD is forming a steady wave to the downside and has already returned to 38.2% fibo tested earlier. The next downside targets may be 61.8% and 76.0% fibo at 1730.00 and 1696.10 respectively. The […]

Jan 31
Forex Technical Analysis & Forecast 31.01.2022

EURUSD, “Euro vs US Dollar” After reaching the target at 1.1125, EURUSD is growing towards 1.1186 and may later fall to reach 1.1148, thus forming a new consolidation range between the two latter levels. A breakout of this range to the upside may result in a new ascending wave with the first target at 1.1220. […]

Jan 31
Investment Bank Outlook 31-01-2022

Credit AgricoleAsia overnightAhead of the Lunar New Year holiday period in Asia, sentiment enjoyed a modest bounce spurred on by better-than-expected China PMI data as well as some growing investor comfort with higher rates; Chinese technology stocks led the rally. Most Asian bourses as well as S&P 500 futures were higher at the time of […]

Jan 31
Daily Market Outlook, January 31, 2022

Daily Market Outlook, January 31, 2022 Overnight Headlines Fed’s Bostic: Could Do Half-Point March Hike If Needed Goldman Expects Five Fed Reserve Rate Hikes This Year US Democrats Put Build Back Better In Manchin’s Court Russia Sanctions Bill Closer In Senate Ahead Of Briefings Pentagon See Putin Still Adding Troops Around Ukraine US Seek N […]

Jan 31
Press release on the suspension of trading in ASIT Biotech

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 78 OF THE LAW OF 21 NOVEMBER 2017 Trading in the financial instruments of ASIT Biotech, ISIN BE0974289218, on Euronext Brussels is suspended on the request of the company from 06-10-2020 at 09:00 CET until the publication of a press release.   […]

Jan 31
The FSMA warns the public against 3 frequent types of fraud

A large majority of reports by consumers received by the FSMA during the first half of 2020 concern fraudulent online trading platforms (27.87%), fake credit offers (17.29%) and fraudulent offers of wealth management and alternative investments (26.38%). These reports constitute 71.54% of all reports of fraud received by the FSMA (the Financial Services and Markets […]