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CUDOS may join Fetch.ai, SingularityNET, and Ocean Protocol as member of ASI Alliance

CUDOS may join Fetch.ai, SingularityNET, and Ocean Protocol as member of ASI Alliance

Key Takeaways CUDOS’s integration into the ASI Alliance could decentralize AI infrastructure and enhance efficiency. The merger is contingent on community approval, with detailed terms and conversion ratios set. Share this article The Artificial Superintelligence (ASI) Alliance, a collaborative initiative established by Fetch.ai, SingularityNET, and Ocean Protocol, may soon welcome CUDOS, a decentralized cloud computing […]
Gold’s Outlook Before CPI Data

Gold’s Outlook Before CPI Data

The CPI data is going to be released today, so the markets are tense.Gold moved slightly higher, but the very short-term resistance line based on the previous highs keeps gold’s gains in check.The fact that gold already confirmed the breakdown below its rising wedge channel makes the following declines likely from the short-term point of view.And from the medium-term point of view, we […]
Our Quantum Computing Portfolio Was -9.8% Week-Ending September 6th

Our Quantum Computing Portfolio Was -9.8% Week-Ending September 6th

BackgroundTech stocks began to plummeted on September 3rd after the ISM manufacturing index reported August figures that came in below consensus expectations. That raised fears about the strength of the economy and increased the chances that the Federal Reserve will cut interest rates. Our Pure-Play Quantum Computing Stocks PortfolioBy Friday, September 6th, the overall tech market was […]
SP500 & US500 Daily Trade Plan – Wednesday, September 11

SP500 & US500 Daily Trade Plan – Wednesday, September 11

In this update we review the recent price action in the emini SP500 futures contract and identify a trade plan and price objectives for the trading session ahead.Video Length: 00:07:52More By This Author:SP500 Daily Trade Plan – Tuesday, September 10Daily Market Outlook – Tuesday, September 10SP500 & US500 Daily Trade Plan – Thursday, September 5
USDJPY Sinks To Fresh Yearly Low

USDJPY Sinks To Fresh Yearly Low

Currencies are bid against the US Dollar and overall sentiment is looking up as we head into a critical US economic release in the form of the latest CPI read. The Yen has been a notable mover on the day, finally pushing to a fresh 2024 high after taking out what had been the high […]
Bear Of The Day: Malibu Boats

Bear Of The Day: Malibu Boats

Malibu Boats, Inc. (MBUU) is navigating choppy waters as consumer demand for boats remains soft. This Zacks Rank #5 (Strong Sell) is riding out the slowdown while preparing for normalization.Malibu Boats is a designer and manufacturer of recreational powerboats, including performance sport, sterndrive, and outboard boats.It’s brands include Malibu and Axis in sport boats, Cobalt in […]
EURCAD Two-Year Bullish Sequence Extends From The Blue Box

EURCAD Two-Year Bullish Sequence Extends From The Blue Box

EURCAD has maintained a bullish sequence from the low in August 2022. From that low, the bullish sequence could either complete a 3-wave or a 5-wave structure. Based on the path of least resistance, the price should complete at least a 3-swing sequence. On the weekly chart, we identified the first swing from the August […]
Ex-Alameda CEO Caroline Ellison pushes for no prison sentence in FTX role

Ex-Alameda CEO Caroline Ellison pushes for no prison sentence in FTX role

Key Takeaways Caroline Ellison requests no prison time, citing cooperation and testimony in FTX case. Ellison revealed Bankman-Fried’s instructions for misleading investors and risky investments. Share this article Caroline Ellison, former CEO of Alameda Research, is requesting to avoid prison time for her involvement in the FTX collapse.As reported by Bloomberg, her lawyers filed a […]
Aptos navigates token unlock amid layer-1 ecosystem growth

Aptos navigates token unlock amid layer-1 ecosystem growth

Key Takeaways Aptos’ token price remained stable at $6.10 after releasing 11.31 million tokens. Aptos’ total market cap continues strong at $2.97 billion post-unlock. Share this article Aptos (APT) recently underwent a significant token unlock event, releasing 11.31 million APT tokens into circulation on September 11, 2024. This unlock, representing 2.32% of the total supply […]
USD/CHF Forecast: US Dollar Pulls Back Against Swiss Franc

USD/CHF Forecast: US Dollar Pulls Back Against Swiss Franc

The US dollar is drifting a little bit lower. This is particularly interesting considering just how positive the Monday session was. It’s also worth noting that the 0.84 CHF level is being heavily defended, so it’s worth paying close attention to this pair because a breakdown below that level would signal a fresh move in […]