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GuildFi rebrands to Zentry with a 1-for-10 token split

GuildFi rebrands to Zentry with a 1-for-10 token split

Web3 gaming guild GuildFi has announced a strategic rebranding after securing $140 million in funding from notable investors including Binance Labs, Coinbase Ventures, Animoca, Pantera Capital, and Hashed.According to the announcement, the rebranding marks a significant step in Zentry’s mission to create a universal Superlayer that will integrate games across all platforms into a single, […]
Bigger Trend Is Still Up For The Market

Bigger Trend Is Still Up For The Market

SPX Monitoring purposes; Long SPX 4/12/24 at 5123.41.Our Gain 1/1/23 to 12/31/23 SPX= 28.12%; SPX gain 23.38%Monitoring purposes GOLD: Long GDX on 10/9/20 at 40.78.Our gain for 2023 came in at 28.12% and SPX gain for 2023 came in at 23.38. We made 8 SPX trades with one loss and 7 wins in 2023.Above is […]
Post-Halving: How Have Bitcoin, Cryptos, Crypto Stocks Performed?

Post-Halving: How Have Bitcoin, Cryptos, Crypto Stocks Performed?

Bitcoin’s much-hyped “halving” has come and gone.According to data from mempool.space and Blockchain.com, the “halving” occurred at 8:10 PM New York time on Friday, April 19th.This highly-awaited quadrennial episode, which has historically occurred about once every 4 years, slashes the rewards for Bitcoin miners in half.“Halvings” make new Bitcoins scarcer, and the limited incoming supply has historically pushed prices higher. And since that […]
S&P 500: Upcoming Earnings Lift Hope

S&P 500: Upcoming Earnings Lift Hope

Did yesterday’s rebound mark the end of the correction?Monday’s trading session was quite bullish, with the S&P 500 index climbing by 0.87% and closing above 5,000 level following its sell-off last week. On Friday, the index hit a new medium-term low of 4,953.56. This marked its lowest level since late February, with a decline of […]
The Magnificent Seven Are Struggling- What Might It Mean?

The Magnificent Seven Are Struggling- What Might It Mean?

Over the last few weeks, the market tone has changed. The S&P 500 is no longer tracking a steadily rising trend line higher. Further, the most recent market outperformers are very different from the Magnificent Seven, which led the way higher over the last six months. For investors, the changes lead to important questions. For […]
The Commodities Feed: Middle East Tensions Ease

The Commodities Feed: Middle East Tensions Ease

Photo by Timothy Newman on Unsplash  The oil market traded little changed in the early trading session today as part of a broader risk-off move across markets. Meanwhile, the LME aluminium tom-next spread surged to the highest level since May 2021, with on-warrant stocks falling to record lows sending supply jitters to the market.  Energy – Oil trades […]
BTC/USD Forex Signal: Bitcoin Price Could Retest $70k After Halving

BTC/USD Forex Signal: Bitcoin Price Could Retest $70k After Halving

Bullish view Buy the BTC/USD pair and set a take-profit at 70,000. Add a stop-loss at 64,000. Timeline: 1-2 days.  Bearish view Set a sell-stop at 65,000 and a take-profit at 63,000. Add a stop-loss at 69,000. Bitcoin has staged a strong recovery in the past few days as investors cheered last Friday’s halving event. The […]
Ripple proposes $10M settlement to SEC’s $2B fine

Ripple proposes $10M settlement to SEC’s $2B fine

Ripple has filed a court response to the Securities and Exchange Commission’s (SEC) pursuit of nearly $2 billion in fines, advocating for a different approach. In the filing dated April 22, Ripple proposed that the Court reject the SEC’s demands and instead impose a civil penalty not exceeding $10 million.Stuart Alderoty, Ripple’s Chief Legal Officer, […]
Elliott Wave Technical Forecast: Unlocking ASX Trading Success: Coles Group Limited

Elliott Wave Technical Forecast: Unlocking ASX Trading Success: Coles Group Limited

Image Source: Unsplash  ASX: COLES GROUP LIMITED. – COL Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with COLES GROUP LIMITED. – COL. In our ASX Stocks Top 50 forecast service, we have accurately forecast a price decline from a high of around 17.15 down to […]
Fed Quiet Period, Tech Earnings On Deck, April Flash PMI

Fed Quiet Period, Tech Earnings On Deck, April Flash PMI

Photo by Markus Spiske on Unsplash  While the Fed is in its quiet period ahead of the May 1 conclusion of its next policy meeting, the volume of quarterly earnings reports rachets higher today and will continue to do so later this week. By the end of it, roughly 40% of the S&P 500’s basket of companies will […]