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Archives by Year:
Metaplanet’s shares soar 10% after new Bitcoin investment
Shares of Metaplanet, a publicly traded company listed on the Tokyo Stock Exchange and often compared to MicroStrategy, have surged 9.88% after the company announced its third Bitcoin acquisition, according to data from Google Finance.Metaplanet’s shares jump after its third Bitcoin purchaseMetaplanet said Monday it had added 23.351 Bitcoin (BTC), worth around 250 million yen […]
CROX Should Continue Further Upside
Crocs Inc., (CROX) designs, manufactures, markets & distributes casual lifestyle footwear & accessories for men, women & children worldwide. The company sells its products in approximately 85 countries through wholesalers, retail stores, e-commerce sites & third-party marketplaces. It is based in Colorado, US, comes under Consumer Cyclical sector & trades as “CROX” ticker at Nasdaq.As […]
This Only Happens When We Are Currently In A Recession
Image source: Pixabay Consumer credit has historically been a solid recession signal, particularly how consumers alter their usage of credit cards. Some of that is by choice, for many it is the bank’s. Either way, when this happens it is more compelling evidence backing the rise in the unemployment rate.Video Length: 00:19:22More By This Author:The Job […]
Two Trades To Watch: GBP/USD, EUR/USD Forecast – Tuesday, June 11
Image Source: Unsplash GBP/USD falls as wage growth eases and the labour market loosens Total wage growth eased to 5.8% from 5.9% Unemployment rose to 4.4% from 4.3% GBP/USD falls towards 1.27 The pound is inching lower after UK jobs data showed that pay growth continued to cool in April despite a 10% increase in the […]
Bitcoin Set For Parabolic Rally To $100,000 In 7 Days, Says Crypto Strategist
Following recent predictions and market movements, significant shifts are occurring within the Bitcoin ecosystem. Notably, on-chain data shows movements from long-dormant Bitcoin wallets, sparking speculation and potential market shifts. According to a CNF post, predictions now point to a potential peak of $350,000 post-halving, underscoring the optimistic sentiment pervading the market.According to tweets by CrediBULL Crypto, a […]
USD/CAD Appreciates To Near 1.3750 Due To Lower Oil Prices USD/CAD
USD/CAD continues its winning streak for a third successive session, trading around 1.3760 during the European hours on Tuesday. US Dollar (USD) remains strong as investors adopt cautious stance ahead of the Federal Reserve’s (Fed) interest rate decision scheduled on Wednesday.The Federal Reserve is anticipated to keep interest rates steady in the range of 5.25%-5.50% […]
ZKSync to airdrop 17.5% of ZK token supply to 695K wallets
ZKSync, an Ethereum-based Layer 2 network developed by Matter Labs, is gearing up for its highly anticipated ZK token airdrop. According to the distribution plan released Tuesday, 17.5% of the total 21 billion ZK token supply will be airdropped to users starting next week.The ZK airdrop is set to be the largest token distribution among […]
Market Briefing For Tuesday June 11
Aside ‘Apple Day’ – there’s debate about the Fed, about unemployment that many pretended was not problematic (I argued double-counting of jobs not worker levels was revealing of the inflationary pressures on many families). depositphotos All that as the unemployment data dovetailed with my view, of people having to work harder or just ‘more’ in-order to maintain a particular level […]
Bitcoin Commentary – Tuesday, June 11
Image Source: Pexels BTC Slipping From HighsPrice action in Bitcoin today is looking precarious with Bitcoin futures having turned lower through the bullish trend line off the May lows, pushing back below the 69,355 level. The uptick in USD on the back of Fridays’ bumper NPF release has weighed heavily on Bitcoin sentiment. Industry data shows […]
Solana Price Prediction: SOL Analysis As It Sits In A Bear Market
Solana (SOL) price has suffered a sharp reversal in the past few weeks. After peaking at $210 in March, the token has moved into a deep bear market, falling by over 28%. This crash happened as the recent momentum in the crypto industry faded. Next potential catalyst for SolanaSolana price has dropped sharply as the momentum in […]
