Category Archive: Cryptocurrency, No picture
Futureproof Yourself: Enter the World of Cutting-Edge Tech with XERAPRO
The digital age is hurtling forward at breakneck speed. New technologies are emerging seemingly every day, transforming industries and reshaping the global landscape. In this dynamic environment, staying ahead of the curve is paramount. So, how do you navigate the evolving technological terrain and equip yourself with the skills and knowledge to succeed?This is where […]
Vitalik Buterin reflects on Bitcoin’s block size debate and its impact to Ethereum
Vitalik Buterin, co-founder of Ethereum, has shared his reflections on the Bitcoin block size war, a heated debate that took place within the Bitcoin community between 2015 to 2017.The conflict centered on whether to increase the block size limit to accommodate more transactions, thereby reducing fees and enhancing Bitcoin’s utility as a payment system. Buterin […]
S&P 500 Earnings Dashboard 24Q1 – Friday, May 31
Image Source: Pexels S&P 500 Aggregate Estimates and Revisions The 24Q1 Y/Y adjusted blended earnings growth estimate is 11.1%. If the energy sector is excluded, the growth rate for the index is 11.2%. Please note that the 24Q1 year-over-year growth rate for Bristol Myers Squibb reflects an approximate $12 billion one-time charge related to its acquisition of Karuna Therapeutics. […]
Europol shuts down malware dropper ring linked to at least $75M in stolen crypto
In a coordinated effort spanning multiple countries, Europol has carried out Operation Endgame, a large-scale crackdown on the malware dropper ecosystem. The operation, led by France, Germany, and the Netherlands, was conducted between May 27 and 29, 2024, and targeted various malware droppers, including IcedID, SystemBC, Pikabot, Smokeloader, Bumblebee, and Trickbot.Investigations revealed that one of […]
Elliott Wave Technical Analysis: Meta Platforms Inc. – Friday, May 31
Image Source: Unsplash META Elliott Wave Analysis Trading Lounge Daily Chart,Meta Platforms Inc., (META) Daily ChartMETA Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minor 2. DIRECTION: Upside in 3 of (5).DETAILS: Looking for a bottom in place in wave (4), looking to start trading above TL5 at 500$.META Elliott Wave Analysis Trading Lounge 4Hr Chart,Meta Platforms Inc., (META) 4Hr […]
Italian GDP Growth Confirmed As Demand Breakdown Adds Upside Risks For 2024
Image Source: Pexels The demand breakdown shows that inventory changes heavily dragged on domestic demand in Italy in the first quarter. Normalization on this front would add upside risks to our projected growth profile The revised release of Italian GDP data for the first quarter of 2024, which now includes the demand breakdown, helps shed some light on […]
Elliott Wave Technical Forecast: Unlocking ASX Trading Success: CSL Limited
Image Source: Unsplash ASX: CSL LIMITED – CSL Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with CSL LIMITED – CSL. We’ve identified that wave ((ii))-navy has recently bottomed out, and wave ((iii))-navy is now unfolding to push significantly higher.ASX: CSL LIMITED – CSL Elliott Wave Technical Analysis ASX: CSL […]
USD/CAD Declines To 1.3650 As US Dollar Retreats With US Core PCE Inflation In Focus
The USD/CAD pair extends its downside to 1.3650 in Friday’s European session. The Loonie asset comes under pressure as the US Dollar struggles to gain ground despite uncertainty ahead of the United States core Personal Consumption Expenditure Price Index (PCE) data for April, which will be published at 12:30 GMT.Economists expect that the core PCE inflation rose steadily by 0.3% and […]
Japan Confirms Intervention, China’s PMI Disappoints, EMU CPI Firms, Ahead Of US PCE Deflator
The dollar is mostly consolidating yesterday’s losses ahead of month-end and the US income and consumption data. The PCE core deflator may have risen by 0.2%, the least this, year, but the year-over-year rate is expected to be steady at 2.8%. The dollar is recovering from a five-day low against the yen recorded yesterday near […]
Automatic Data Processing Inc. Dividend Stock Analysis
Image Source: Unsplash Linked here is a detailed quantitative analysis of Automatic Data Processing Inc. (ADP). Below are some highlights from the above linked analysis:Company Description: Automatic Data Processing Inc., one of the world’s largest independent computing services companies, provides a broad range of data processing services.Fair Value: In calculating fair value, I consider the NPV MMA Differential Fair Value […]
