Day: July 6, 2022

Jul 06
Consultation on the Communication on the classification of crypto-assets as securities, investment instruments or financial instruments

Crypto-assets are currently the subject of much interest. It is thus not surprising that the FSMA regularly receives questions about the classification of such assets. The FSMA has therefore drawn up a Communication on the classification of crypto-assets as securities, investment instruments or financial instruments. With this Communication, the FSMA wishes to provide clarity, while […]

Jul 06
New dashboard covering investment fraud and unlawful offers of financial products and services

One of the tasks entrusted to the Financial Services and Markets Authority (FSMA) is to combat unlawful activities in the area of financial investments. Henceforth, it will be publishing a half-yearly dashboard with statistics as well as an overview of the main trends regarding investment fraud. The first edition of this dashboard focuses on the […]

Jul 06
Ichimoku Cloud Analysis 06.07.2022 (GBPUSD, XAUUSD, USDCAD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is about to break the support level. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen at 1.2035 and then resume moving downwards to reach 1.1575 Another signal in favour of a further […]

Jul 06
GBP is having tough times. Overview for 06.07.2022

GBPUSD is another victim of global risk aversion. The Pound sterling is looking weak against the USD on Wednesday. The current quote for the instrument is 1.1949. Risk aversion amid a new wave of concerns about a possible global recession hurt the Pound as well. The last time the British currency was trading at its […]

Jul 06
Gold prices drop by $3 and remain near the lowest level in 7 months

Gold prices drop about $3, during trading today, Wednesday, July 6, 2022, but it remained near the lowest level in 7 months. This comes as the dollar rose to its highest level in two decades, as investors continued to neglect the yellow metal and look to the greenback, in search of safety amid growing concern […]

Jul 06
Euro FX Futures (6E1!), H4 Potential For Bearish Momentum

Type: Bearish MomentumKey Levels:Resistance: 1.06560Pivot: 1.05470Support: 1.03665Preferred Case:On the H4, with price moving below the ichimoku cloud and in a descending trendline, we have a bearish bias that price will continue to drop from the pivot at 1.05470 at the pullback resistance in line with the 50% fibonacci retracement to the 1st support at 1.03665 […]

Jul 06
USDJPY, H4 | Potential Bullish Rise

Type: Bullish BreakoutKey Levels:Resistance: 138.37Pivot: 136.7Support: 134.224Preferred Case:On the H4, with price moving within an ascending channel and above the ichimoku indicator, we have a bullish bias that price will rise to our pivot at 136.7 where the swing high resistance and 127.2% fibonacci extension are. Once there is upside confirmation that price has broken […]

Jul 06
85% of merchants see crypto payments as a way to reach new customers: Survey

The crypto payment report noted that crypto payment fees are around 1%, which is much lower than other payment options that charge between 1.5% and 3.5% 1174 Total views 22 Total shares While the market goes steady, the crypto ecosystem continues to grow as merchants innovate and adopt cryptocurrency payments in their quest to gain […]

Jul 06
Sotherly Hotels stock rallies after Q2 occupancy, RevPAR rise from last year, but tick down the last couple months

Shares of Sotherly Hotels Inc. SOHO, +3.76% rose 3.8% in morning trading Wednesday, after the real estate investment trust (REIT) that focuses on hotels in the South reported second-quarter occupancy that rose from a year ago, but showed monthly declines for occupancy and revenue per available room (RevPAR) during the quarter. The company said overall […]

Jul 06
PennyWise crypto-stealing malware spreads through YouTube

The malware targets Zcash and Ethereum wallets alongside Electrum, Atomic Wallet and Coinomi, it takes your browser extension and login data and reads your chat logs. 3980 Total views 43 Total shares A new strain of crypto-malware is being spread via YouTube, tricking users to download software that’s designed to steal data from 30 crypto […]