Author Archive: Jeremy Parkinson
Chinese app giant sells all Bitcoin ahead of $100,000 milestone
Key Takeaways Meitu sold 940 Bitcoin and 31,000 Ethereum for $180 million before Bitcoin reached $100,000. 80% of the proceeds from Meitu’s crypto sale will be distributed as a special dividend. Share this article Chinese tech company Meitu had sold its entire crypto holdings of 940 Bitcoin and 31,000 Ethereum for $180 million, exiting the […]
Applied Optoelectronics – Leader In Fiber Optics
Summary Applied Optoelectronics (AAIO) has shown exceptional price appreciation, gaining 145.98% since a Trend Seeker buy signal on 11/7, with strong technical indicators. The company designs and sells fiber-optic networking products, with significant market presence in the U.S., Taiwan, and China. Fundamental factors show a market cap of $1.88 billion, with revenue expected to grow […]
Crypto Surge Sparks Market Frenzy: Today’s Must-Watch Picks
Macro OverviewToday’s markets are buzzing with the explosive rally in Bitcoin, which finally breached the $100,000 milestone—a psychological and technical barrier that has now flipped into robust support. This breakthrough redefines Bitcoin’s trading range, setting the stage for continued gains. Analysts anticipate a swift climb to $105,000-$110,000 as sentiment surges, marking a pivotal shift in […]
Unlocking ASX Trading Success: Washington H Soul Pattinson & Company Limited
ASX: Washington H. Soul Pattinson & Company Limited – SOL Elliott Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) Washington H. Soul Pattinson & Company Limited – SOL. We see ASX:SOL has a lot of upside potential with wave 3-grey.ASX: Washington H. Soul Pattinson & Company Limited – SOL […]
Bitcoin sees more upside above $100K driven by long-term holder dominance: CryptoQuant
Key Takeaways Bitcoin surpassed $100,000 as long-term holders control 74% of supply. Bitcoin’s market dominance reaches 57%, solidifying its status as the largest crypto asset. Share this article Bitcoin broke the $100K milestone for the first time early Thursday, entering a new phase of price discovery.While Bitcoin’s price movements could trend in either direction, a […]
How Do You Predict Bitcoin’s Price?
Image Source: Pixabay How Do You Predict Bitcoin’s Price?Bitcoin’s price is influenced by various factors including its supply, demand dynamics, media coverage, regulatory changes, and even the cost of production. While some studies suggest that production costs play a role in determining its value, many reports rely on assumed data rather than concrete evidence.Unlike traditional currencies, […]
Asian Stock: KEPCO Plant Service & Engineering
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: KEPCO Plant Service & Engineering Company LimitedBloomberg ticker: 051600 KSMarket cap: US$1,459mBackground: KEPCO Plant Service & Engineering Company Limited provides maintenance services for power plants and industrial plants. The Company’s main service areas are turbine maintenance, generator […]
Asia Week Ahead: China’s Central Economic Work Conference In Focus
Image Source: Pixabay We look at what’s in store in the region next week, including China’s Central Economic Work Conference, Australia’s cash target rate, India’s inflation data, and the Japanese Tankan business survey. Australia: RBA expected to remain on holdWe expect the Reserve Bank of Australia (RBA) to leave the cash rate unchanged at 4.35%. An elevated […]
Sensex Today Rallies 809 Points; Nifty Above 24,700
After opening the day lower, Indian benchmark indices reversed the trend as the session progressed and ended the day on a firm footing.Benchmark equity indices, the BSE Sensex and NSE Nifty50 pared their early losses to extend their winning streak for the fifth consecutive session, settling in positive territory on Thursday.At the closing bell, the BSE […]
Phantom Wallet expands to Sui network in pursuit of multichain dominance
Key Takeaways Phantom Wallet has expanded to support the Sui network, adding to its existing support for Bitcoin, Ethereum, Polygon, and Base blockchains. Sui’s value has increased by over 100% in the past month, attracting interest in alternative Layer 1 blockchains. Share this article Phantom Wallet has expanded support to the Sui network as part […]
