Day: April 29, 2022
• EURGBP reversed from resistance zone• Likely to fall to support level 0.8310 EURGBP currency pair recently reversed down from the resistance area located between the pivotal resistance level 0.8465 (which has been reversing the price from December), upper daily Bollinger Band and the resistance trendline of the down channel from last year. This resistance […]
• Gold reversed from support zone• Likely to rise to resistance level 1940.00 Gold recently reversed up from the support zone located between the support levels 1900.00 and 1800.00. This support zone is strengthened by the lower daily Bollinger Band by the 61.8% Fibonacci correction of the upward impulse from the middle of December. Gold […]
As from 1 May 2022, any legal person established in Belgium that wants to provide exchange services between virtual currencies and legal currencies, or custody wallet services, within Belgium will have to register with the FSMA in advance. Providers already operating on 1 May 2022 must notify the FSMA of the exercise of their activity […]
New European rules on sustainable finance have been in the making since 2019. They are gradually coming into force. The FSMA wishes to draw the attention of insurance companies to the sustainability rules that are or will be applicable to them. It has drawn up a document (available in French and Dutch only) outlining these […]
At least three market catalysts show that Dogecoin (DOGE) could climb by at least 50% by the end of Q3 2022. Falling wedge breakout in play Dogecoin has been painting a “falling wedge” pattern on its longer-timeframe charts since May 2021, hinting at the potential for a bullish reversal in the coming months. Falling wedges appear […]
Shares of Amazon.com Inc. AMZN, -12.06% tumbled 12.5% in morning trading Friday, enough to pace the S&P 500’s SPX, -1.59% losers, after the ecommerce giant reported a surprise first-quarter loss and revenue that came up a bit shy. The stock, which was trading at the lowest levels seen during regular-session hours since June 2020, was […]
Music is a tricky business. The industry has its fair share of controversies, from monopolies to the limited earning potential for upcoming artists. While Web2 brought many positive changes, the industry still has a long way. Because of this, projects are trying to utilize blockchain technology to provide new solutions to the age-old music market. […]
Raymond James analyst C. Gregory Peters on Friday cut his rating on title insurance provider Old Republic International Corp. ORI, -3.39% to outperform from strong buy and trimmed his price target by $2 a share to $28. Peters cited near-term headwinds in the its title business, which comprises 48% of Old Republic’s revenue. The move […]
ICP-powered ORIGYN is leveraging blockchain and biometric technology to tackle the issue of counterfeit watches. 1569 Total views 40 Total shares ORIGYN, a Swiss foundation that uses artificial intelligence (AI) to identify and authenticate objects of value, has partnered with luxury watch marketplace WatchBox. The pair will co-produce certificates of authenticity in the form of NFTs […]
Tesla Inc. shares TSLA, -0.45% rose 3% in premarket trade Friday, after Chief Executive Elon Musk said he sold $4 billion of his stock this week, but tweeted that no further sales were planned. Musk, whose offer to buy Twitter Inc. TWTR, +0.97% was accepted by its board earlier this week, made the disclosures in […]