News

Jan 06
Press release on the suspension of trading in UCB

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 78 OF THE LAW OF 21 NOVEMBER 2017 Trading in the financial instruments of UCB, ISIN BE0003739530, on Euronext Brussels is suspended on the request of the company from 25/06/2021 at 10:26 CET until the publication of a press release. Source: FSMA

Jan 06
Ethereum plunges 13%, down more than Bitcoin after Fed spooks crypto markets

Ethereum’s native token, Ether (ETH), plunged sharply hours after the United States Federal Reserve released the minutes of its December meeting, showing that it eyes a faster timetable for hiking interest rates in 2022. The minutes showed that the Federal Open Market Committee (FOMC) is in favor of raising short-term rates “sooner or at a faster pace […]

Jan 06
New York State to create $200 million fund to support social equity cannabis licensees

New York State Governor Kathy Hochul said she plans to create a $200 million public-private fund to support social equity applicants in the state’s legal cannabis industry, which is estimated to tip the scales at $4.2 billion. With New York preparing to issue licenses for stores to sell cannabis to adults 21 and over, the […]

Jan 06
HSI 50 Wave Analysis – 6 January, 2022

• HSI 50 reversed from support level 22680.00 • Likely to rise to resistance level 23500.00 HSI 50 index recently reversed up from the pivotal support level 22680.00 (previous monthly low from December) intersecting with the lower daily Bollinger Band. The upward reversal from the support level 22680.00 runs counter to the strong daily downtrend. […]

Jan 06
Nike Wave Analysis – 6 January, 2022

• Nike broke key support level 162.90 • Likely to fall to support level 155.00 Nike recently broke key support level 162.90 (low of the previous correction A) intersecting with the 50% Fibonacci correction of the previous upward impulse from December. The breakout of the support level 162.90 should accelerate the active ABC correction (2) […]

Jan 06
Polygon network activity spikes as NFT sales reach new height

Polygon’s NFT market continues to attract users, though the demographic is more aligned to gaming companies and developers than collectibles as on the Ethereum network. 919 Total views 25 Total shares The number of nonfungible tokens (NFT’s) sold on the layer-two protocol Polygon reached an all-time high last month at just short of 2 million.  […]