Latest Market News
Anime and Animoca Brands Blockchain gaming and Metaverse company Animoca Brands has launched a strategic subsidiary in Japan after raising $10 million in seed funding. The new subsidiary, named Animoca Brands KK, plans on expanding popular Japanese content into NFTs, the Metaverse, and fungible tokens through Web3 applications. The content includes anime such as My […]
Oil futures declined on Tuesday, as some concerns over the Russia-Ukraine crisis eased, pulling U.S. prices down by almost 4%. “We estimate that oil prices are $10-$20 higher than they should be because of uncertainty surrounding Russia/Ukraine,” said David Bahnsen, chief investment officer at The Bahnsen Group. “With oil prices in the $90s, demand may […]
Daily Market Outlook, February 15, 2022 Overnight Headlines Japan’s Economy Rebounds During Lull Before Omicron Wave Analysts Say PBoC May Cut RRR, Interest Rates This Year – CSJ China Banks Boost Lending To Property Sector In January – CSJ Australia’s Central Bank Has Goals In Sight, Just Waiting On Wages CBA Brings Forward First RBA […]
Type: Bullish BounceKey Levels:Resistance: 45638.02Pivot: 41318.43Support: 39787.44Preferred Case:Price broke out of the descending trendline resistance, signifying an overall bullish momentum. We can expect price to bounce from pivot level in line with 38.2% Fibonacci retracement towards 1st Resistance in line with 78.6% Fibonacci projection. Our bullish bias is further supported by the Ichimoku cloud indicator […]
The largest bank in the US, JPMorgan, has taken a massive step into the Metaverse, opening a virtual lounge in the popular blockchain-based world Decentraland after it labelled the sector as a $1 trillion opportunity. Visitors to the lounge, situated in Decentraland’s Metajuku mall, are greeted by a roaming tiger and a digital portrait of […]
Stocks finished sharply higher Tuesday, with major indexes snapping a three-day losing streak, as Russia said it was pulling back some troops from the border with Ukraine after concluding military exercises. The Dow Jones Industrial Average DJIA, +1.22% rose around 422 points, or 1.2%, to finish near 34,988, according to preliminary figures, while the S&P […]