Day: September 10, 2022

Sep 10
Corn FUTURES (ZC1!), H4 Potential for Bearish Drop

Type : Bearish Drop Key Levels:Resistance : 686’6 Pivot: 673’6 Support : 654’4 Preferred Case: On the H4, with there’s a bearish divergence of price and MACD , and there’s potential double top pattern, we have a bearish bias that price may drop from the pivot at 673’6, where the 61.8% fibonacci projection is to […]

Sep 10
Market Spotlight: EUR Rallies on .75% ECB Hike & Hawkish Guidance

ECB Hikes Again The Euro has been firmly bid today on the back of the September ECB meeting yesterday. The meeting saw the bank hiking by .75%, as expected, lifting rates to 1.25%. The hike, which was the largest by the ECB in more than half a century, was accompanied by a firmly hawkish set […]

Sep 10
Quentin Tarantino settles Miramax lawsuit over Pulp Fiction NFTs

Miramax sued the Hollywood director in November last year after the blockchain provider Secret Network announced the auction of his “uncut screenplay scenes.” 2896 Total views 28 Total shares Miramax sued the director in November last year after the base-layer blockchain provider Secret Network announced the auction of “uncut screenplay scenes” from the 1994 film […]

Sep 10
Ethereum ready for The Merge as last shadow fork completes successfully

The successful completion of the last shadow fork signaled the readiness of the Ethereum network for migrating to a proof-of-stake consensus mechanism. 5567 Total views 37 Total shares Ethereum (ETH) developers confirmed the successful completion of the prerequisites — shadow forks — required for the highly anticipated blockchain upgrade, The Merge.  Shadow forks help developers […]

Sep 10
MicroStrategy to reinvest $500M stock sales into Bitcoin: SEC filing

Buying the dip is essential for MicroStrategy as the company’s reserve of nearly 129,699 BTC currently suffers an aggregated value loss of over $1 billion. 2897 Total views 43 Total shares MicroStrategy, the largest institutional Bitcoin (BTC) buyer, entered an agreement with two agents — Cowen and Company and BTIG — to sell its aggregated […]

Sep 10
Oil struggles to rally as economic activity eases in China

European stocks rebounded on Friday after the hawkish outcome of the ECB meeting and better-than-expected ECB economic staff projections. European Union energy ministers met on Friday to discuss how to tackle the energy crisis. The key point on the agenda was the price cap on Russian gas and oil. Rising gas prices may force some […]

Sep 10
JAPANESE YEN FUTURES (6J1!), H4 Potential for Bearish Drop

Type : Bearish Drop Key Levels:Resistance : 0.0072070 Pivot: 0.0070830 Support : 0.0069070 Preferred Case: On the H4, with price moving below the ichimoku indicator and descending trendline, we have a bearish bias that price may drop from the pivot at 0.0070830 where the 23.6% fibonacci retracement is to the 1st support at 0.0069070 where […]

Sep 10
BTC price nears $21.7K as whales boost Bitcoin ‘almost perfectly’

Bitcoin (BTC) sought to overturn August resistance on Sep. 10 as whale buy-levels dictated BTC price action. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Whales provide short-term price ceiling Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new multi-week highs of $21,671 on Bitstamp. The pair capitalized on a short squeeze which began […]

Sep 10
Central Bank publishes new data on bank account openings and closures

24% of KBC Bank and Ulster Bank accounts closed since the start of 2022 600,311 accounts were opened in the three main remaining banks in the first eight months of the year Updated figures will be published monthly As part of its ongoing work to supervise the withdrawal of Ulster Bank and KBC Bank from […]

Sep 10
Central Bank of Ireland Issues Warning on Unauthorised Firm – Beagle Car Insurance

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a fraudulent entity, Beagle Car Insurance, has been operating as an insurance / reinsurance intermediary in the State in the absence of appropriate authorisations.  The unauthorised entity, operating the website www.beaglecarinsurance.com (website no longer available), deceived customers by acting as […]