Day: April 15, 2022
The Bitcoin Lightning Network integration started to take off among the cryptocurrency exchanges worldwide. However, some of the world’s largest crypto trading platforms seemingly are not in the hurry to integrate the protocol. Last week, Robinhood crypto trading app became the latest major industry player to announce the Lightning integration, following in the footsteps of BitPay […]
Twitter Inc. TWTR, -1.68% lost another bull, after KeyBanc Capital analyst Justin Patterson downgraded the social media company in the wake of Elon Musk’s buyout proposal. Patterson cut his rating to sector weight, after being at overweight since January 2021, saying that the potential for the Musk bid to “go up in smoke” will turn […]
Credit AgricoleAsia overnightRetreating USTyields and expectations for monetary policy easing in China both helped investor sentiment in the Asian session. UST yields are in modest retreat following the below-consensus US core inflation reading on Wednesday. China’s policymakers have indicated looser monetary policy is on the way. Most Asian bourses as well as S&P 500 futures […]
Type: Bullish BounceKey Levels:Resistance:Pivot:Support:Preferred Case:On the H4 timeframe, price is abiding to ascending trendline. We see the potential for a bullish continuation from our pivot level at 0.74299 in line with 50% Fibonacci retracement towards our 1st resistance level at 0.75364 in line with 61.8% Fibonacci retracement and 78.6% Fibonacci projection.Alternative Scenario:Alternatively, if price breaks […]
• Natural gas in a strong uptrend• Likely to test resistance level 8.0000 Natural gas has been rising strongly in the last few trading sessions following the breakout of the key resistance level 6.50 (former multi-month high from last October). The breakout of the resistance level 6.50 coincided with the breakout of the two different […]
• USDJPY rising inside impulse wave 3• Likely to rise to resistance level 128.00 USDJPY continues to rise inside the minor impulse wave 3, which started earlier from the key support level 125.00 (former top of wave (3)). The support zone near the support level 125.00 was strengthened by the support trendline of the nearby […]
Bitcoin (BTC) may be heading under $40,000, but fresh data shows that demand from major investors is anything but decreasing. For Ki Young Ju, CEO of on-chain analytics platform CryptoQuant, institutional BTC buying “might be the big narrative” in the crypto space once more. Coinbase Pro shifts serious amounts of BTC Ki highlighted figures from […]
Twitter Inc. TWTR, -1.68% announced on Friday that the company has adopted a shareholder rights plan, or “poison pill,” that will reduce the chances that a person or group will take control of the company. The announcement comes after Elon Musk’s offer of $54.20 per share was made public on Thursday. There were reports that […]
You’ve probably already heard of the nonfungible tokens (NFTs) craze as these colorful, almost cartoon-like pictures. And, when you think of the Metaverse, you already see a bright and virtual world viewed from your avatar. With NFTs, most people think of Bored Ape Yacht Club or the famous CryptoPunks. But, what we all want to […]
Senate Majority Leader Chuck Schumer said he plans to introduce the Cannabis Administration and Opportunity Act (CAOA) in the U.S. Senate before the August recess, according to reports on Thursday. The CAOA would legalize cannabis on the federal level and remove it from the list of controlled substances where it now resides as a Schedule […]
