Latest Market News

Aug 12
The cryptocurrency market digest (BTC, ETH). Overview for 12.08.2022

The BTC is looking neutral on Friday and trading at $23,962. It feels like the asset is slowly pushing its trading range upwards. The BTC owes its positive momentum to improved sentiment in the US stock market – the major crypto has a direct correlation with S&P 500/NASDAQ. Indices moved upwards yesterday and the BTC […]

Aug 12
Ichimoku Cloud Analysis 12.08.2022 (GBPUSD, AUDUSD, USDCAD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing Tenkan-Sen and Kijun-Sen. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.2130 and then resume moving upwards to reach 1.2415. Another signal in favour of a […]

Aug 12
Canadian securities regulators to host roundtable on the proposed Derivatives Business Conduct Rule

TORONTO – The Canadian Securities Administrators (CSA) today announced it will host a virtual roundtable on the proposed derivatives business conduct rule, the CSA’s next step towards modernizing the regulatory framework for the OTC derivatives market in Canada. The roundtable will be held on September 28, 2022 from 10:00 a.m. – 12:00 p.m. ET.  Expert […]

Aug 12
Nikkei 225 Wave Analysis – 12 August, 2022

• Nikkei 225 approaches key resistance level 28640.00 • Likely to correct down to support level 28400.00 Nikkei 225 index today approached the key multi-month resistance level 28640.00, which stopped the sharp upward impulse wave (A) at the end of March, as can be seen below. The resistance zone near the resistance level 28640.00 was […]

Aug 12
GBPCHF Wave Analysis – 12 August, 2022

• GBPCHF under bearish pressure • Likely to fall to support level 1.1400 GBPCHF currency pair under the bearish pressure after the price broke the key support level 1.1525 (which has been reversing the price from the start of July). The breakout of the support level 1.1525 accelerated the active short-term downward impulse wave (iii) […]

Aug 12
S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures

Coinbase Global sees its credit rating downgraded by S&P Global amid regulatory pressures, weakened market performance and competitors. 799 Total views 18 Total shares Major American cryptocurrency exchange Coinbase saw its long-term issuer credit rating downgraded from BB+ to BB status by rating agency S&P Global following its latest earnings report this year. The agency […]