Latest Market News

Jul 10
Central Bank of Ireland Issues Warning on Unauthorised Firm – Parker Prime

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a scam entity by the name Parker Prime (Estonia / United Kingdom) formerly operating the website addresses: https://parker-prime.com and https://clientzone.parker-prime.com, has been claiming to be an investment firm / investment business firm in the State in the absence of appropriate […]

Jul 10
Gold Wave Analysis – 5 July, 2022

• Gold broke pivotal support level 1790.00• Likely to fall to support level 1755.00 Gold is under strong bearish pressure after the price broke the pivotal support level 1790.00 (which has been repeatedly reversing the price from last December). The breakout of the support level 1790.00 accelerated the active impulse waves (iii) and 3 – […]

Jul 10
EURUSD Wave Analysis – 5 July, 2022

• EURUSD broke multi-year support level 1.034• Likely to fall to support level 1.020 EURUSD recently broke through the key support level 1.037 (which stopped the previous impulse waves (3) and 1, as can be seen below). The breakout of the support level 1.037 led to the breakout of the major multi-year support level 1.034 […]

Jul 10
Bitcoin ‘cheap’ at $20K as BTC price to wallet ratio mimics 2013

Bitcoin (BTC) has not been this good value since it cost $1,130, one analyst argues as BTC offers a “compelling” risk/reward ratio. In a Twitter thread on July 7, Jurrien Timmer, director of global macro at asset manager Fidelity Investments, simply described $20,000 Bitcoin as “cheap.” Timmer: “In other words, Bitcoin is cheap” While fears […]

Jul 10
Cardano ‘sharks’ scoop up 79.1 million ADA ahead of Vasil hard fork

ADA accumulation occurs despite a technical outlook threatening a 35% price crash by September 2022. 7814 Total views 112 Total shares The decline in Cardano (ADA) price this year has prompted some of its richest investors to accumulate the token. Cardano sharks in buying spree Notably, addresses holding between 10,000 and 100,000 ADA, also called […]

Jul 10
Central Bank of Ireland welcomes publication of the International Monetary Fund’s assessment of Ireland’s financial sector

The IMF’s review recognises considerable progress in strengthening the framework for financial sector regulation, supervision and crisis management in Ireland. An increasingly large, complex and rapidly evolving financial system in Ireland raises new challenges for the future. Review makes targeted recommendations for further work, which will be considered by the Central Bank as it implements […]