News

Jun 13
Platinum Futures (PL1!), H1 Potential For Bearish Drop

Type: Bearish MomentumKey Levels:Resistance: 974.4Pivot: 952.7Support: 924.4Preferred Case:On the H1, price is moving below the ichimoku cloud which supports our bearish bias that price will drop from our pivot at 952.7 in line with the overlap resistance to the 1st support at 924.4 in line with the swing low support and 127.2% fibonacci extension .Alternative […]

Jun 13
Gold Futures (GOLD1!), H1 Potential For Bullish momentum

Type: Bullish MomentumKey Levels:Resistance: 51788Pivot: 51240Support: 51035Preferred Case:On the H1, price has broken through the descending channel and is moving along the ascending trendline. Also, price is moving above the ichimoku indicator which supports our bullish bias that price will rise from our pivot at 51240 in line with the overlap resistance, 38.2% fibonacci retracement […]

Jun 13
Bitcoin price falls below its ‘realized price’ but is it time to buy the dip?

On June 13, cryptocurrency prices plunged deeper into bear market territory after Bitcoin (BTC) sliced through its current trading range and briefly touched $22,600, its lowest level se since December 2020. According to BTC historical data, the market has now reached valuation metrics that show the price is severely oversold and perhaps near a bottom. […]

Jun 13
Dow drops almost 900 points as U.S. stocks close sharply lower, S&P 500 ends in bear market

U.S. stocks closed sharply lower Monday, with the S&P 500 entering a bear market, amid heightened fears over high inflation ahead of the Federal Reserve’s two-day policy meeting that kicks off Tuesday. The Dow Jones Industrial Average DJIA, -2.79% tumbled almost 900 points to close 2.8% lower, while the S&P 500 SPX, -3.88% dropped 3.9% […]

Jun 13
Annual report 2021 of the Belgian Audit Oversight Board

The 2021 annual report (available in French – Dutch only) of the Belgian Audit Oversight Board (BAOB) is now available on its website.   Source: FSMA

Jun 13
Old Bitcoin mining rigs risk ‘shutdown’ after BTC price slips under $24K

Older Bitcoin (BTC) mining rigs are finding it difficult to generate positive revenues during the ongoing crypto market decline. 75% drop in Bitcoin mining profitability The profitability of many Application Specific Integrated Circuit (ASIC) machines has dropped into the negative zone after Bitcoin’s fall below $24,000 this June 13, data fetched by F2Pool shows. Those […]