Latest Market News
Central Bank Economic Letter finds that recurrent property taxes can, over time, help to mitigate downside risks to house prices. Such taxes may also provide a stable source of revenue for government, as they are less likely to be affected by the economic cycle. Revenue from recurrent property taxes, as a proportion of national income, […]
Central Bank seeks to anticipate and support innovation in the financial services industry Firms in novel areas must ensure their businesses will not be used to launder the proceeds of crime or to finance terrorism Central Bank issues a bulletin to virtual asset service providers (VASPs) to assist them in strengthening their applications and frameworks […]
“It’s time to move the crypto policy debate from “we need regulation” to ‘what are the impacts of specific regulatory proposals?’” said Chamber of Progress. 325 Total views 5 Total shares The tech trade group Chamber of Progress called on members of the United States Senate and House of Representatives for regulatory clarity in the […]
Tesla TSLA, +0.80% disposed of 75% of its bitcoin BTCUSD, +0.09% holdings in the second quarter, as the crypto traded 65% lower from its record high in November. The company sold the coins for $936 million, according to the electric car marker’s earnings report released Wednesday. Tesla said it invested $1.5 billion in bitcoin early […]
Type: Bearish Momentum Key Levels:Resistance: 104.47Pivot: 101.56Support: 95.17 Preferred Case:On the H4, with price moving within a descending channel and RSI moving along a descending trendline, we have a bearish bias that price will drop from the pivot at 101.56 where the pullback resistance and 78.6% fibonacci retracement are to 1st support at 95.17 in […]
Type: Bullish Rise Key Levels:Resistance: 138.73Pivot: 137.22Support: 136.38 Preferred Case:On the H4, with prices moving above the ichimoku indicator and along the ascending trendline, we have a bullish bias that price will rise from the pivot at 137.22 in line with the pullback support to the 1st resistance at 138.73 where the swing high resistance […]