CoinShares, a digital asset investment firm, revealed (on Tuesday) completing a crypto business acquisition, adhering to EU regulation. Such a move will likely open the gates for the company to magnify its regional services and goods sakes. One of the initial digital asset managers, Napoleon Asset Management, which operates under the EU’s AIFM (Alternative Investment … Read more
The Bank of Japan remains unbothered by a weak yen. A pennant setup indicates further upside. The 140 mark might showcase this summer. The Japanese Yen pairs saw 2022 as an opportunity to breakout. The yen depreciates against peers, while most traders perceive the move as overextended. But, should you worry? True enough, the yen … Read more
Bitcoin enthusiasts have several reasons to cheer July 4 sessions. On-chain stats show the worst could be over for BTC (according to celebrated researchers). Moreover, the bellwether crypto saw noted bullish surges since July 3, translating to a lucrative start to July. Renewed BTC Optimism on Charts Bitcoin fans have reasons to cheer positive reactions … Read more
2022’s first half is over. Meanwhile, the financial world struggled with S&P 500 witnessing its worst H1 in over 50 years. Most investors watched their holdings crash. Nevertheless, the stock market will not stay in stagnation forever. Here are lucrative stocks that can earn your impressive return in 2022 H2. Novocure (NVCR) The last 12 … Read more
AAVE extended its southward movements on its daily chart after witnessing renewed selling momentum around the 38.2% FIB resistance. The exponential moving average prohibited buying rallies as they kept the overall trend under bears’ control. The prevailing bearish pennant breakdown might secure bounce-back chances from the nearest support. That might see buyers striving to explore … Read more
Briefly – Aston Martin’s stock price has plummeted to a new ATL (all-time low). The company’s growth shows uncertainty. The firm might become a lucrative acquisition target. The Aston Martin (AML) share price maintained its bearish trend today amidst faded stock demand. The share plummeted to explore new all-time lows at 434p, more than 97% … Read more
BTC launched new leg downs beneath $21K and $20.5K. It trades beneath $20.5K and the 100 hourly SMA. Moreover, the BTC/USD 1hr chart shows a massive bearish line developing with $20,820 as resistance. A decisive move beneath $20K would see accelerated plummets, exploring new lows for the month. Bitcoin has been struggling beneath the $21K … Read more
The Ukrainian invasion and the West’s sanctions plunged the ruble by 40%, but the Russian currency rebounded massively to seven-year highs. For now, the ruble remains strong, and RCB tries to weaken the currency as it might hurt exports. Dan Ashmore argues that the ruble’s strength is fake, though it confirms the failure of the … Read more
Briefly – Rolls Royce’s share has maintained a strong bearish bias. The firm’s civil aviation sector is performing well. Also, Rolls Royce battles substantial input and wage inflation. The last few months saw the Rolls Royce share exhibiting massive bearish trends. RR has lost about 35% in 2022, underperforming SPDR industrial index and FTSE 100 … Read more
Most digital tokens have lost nearly 60% of their value since November last year’s highs. Nevertheless, many had secured reliable support zones. Furthermore, some assets presented an impressive performance. Here are the details. Synthetix Network (SNX) +86.0% Synthetic enables investors to sell and distribute synthetic assets representing real-world assets like stocks, fiat currencies, crypto, and … Read more
