Category Archive: Finance, No picture
The Long/Short Ratio In Crypto Trading
Image Source: Unsplash The long/short ratio in cryptocurrency trading stands as a crucial metric that sheds light on the prevailing sentiment among traders. It encapsulates the relationship between long (buy) positions and short (sell) positions for a particular asset, offering valuable insights into market dynamics and potential price movements.Let’s delve deeper into this concept using Bitcoin […]
Deutsche Bank customers see Bitcoin under $20,000 by year-end, survey shows
A recent Deutsche Bank survey indicates that around 30% of its consumers see Bitcoin (BTC) closing 2024 below $20,000, as reported by Bloomberg. The survey captured insights from the bank’s customers located in the UK, Euro area, and the US, where the percentage of customers predicting a bitter end for BTC this year is over […]
Boeing Says Deliveries Nosedived In Q1
Image Source: Unsplash Boeing Co (NYSE: BA) is trending down at writing after reporting a big decline in its quarterly deliveries. How many planes did Boeing deliver in the first quarter? The aerospace giant delivered a total of 83 planes only in the first quarter of this year – down significantly from 157 in the final quarter of […]
Sui implements native Bitcoin and Ethereum bridging with dWallet partnership
Multi-chain protocol dWallet Network announced on Paris Blockchain Week a partnership with Mysten Labs to bring native interoperability to layer-1 blockchain Sui, through native Bitcoin and Ethereum swaps. “We are excited to partner with Mysten Labs and bring our decentralized, non-collusive dWallet building block to the Sui ecosystem,” commented Omer Sadika, co-founder of dWallet Network. […]
Monad Labs nets $225 million in investment round led by Paradigm
Monad Labs has raised $225 million in a funding round led by crypto investment firm Paradigm, according to data aggregator CryptoRank. Electric Capital and Greenoaks Capital also participated in the round. This is the largest investment in blockchain infrastructure in 2024.This recent investment adds up to the $19 million previously received by Monad Labs in […]
Filecoin’s liquid staking team under investigation by Chinese Police — report
STFIL, a liquid staking platform for Filecoin (FIL) with just under $40 million in total value locked (TVL), has announced that its core technical team members are under investigation by local Chinese police. The platform has hired lawyers to provide legal assistance to the individuals currently in detention.In an X post released Tuesday, STFIL revealed […]
USD/JPY Pushes Up To Within Touching Distance Of 152.000, Analysts Bullish
USD/JPY is edging higher into the 101.90s on Tuesday. The latest move comes after a speech by the Governor of the Bank of Japan (BoJ) Kazuo Ueda in which he suggested that any future interest rate hikes – a key FX-market driver – would be highly dependent on incoming data. Prior to his comments, views had been […]
New Home Prices Fall, Still Unaffordable For Most American Households
In February 2024, the median new home price sold in the United States fell to $400,500. While this initial estimate will go through three sets of revisions before being finalized, it so far represents the lowest median price recorded for a new home since June 2021. The typical new home sold in the United States […]
SPX E-Mini Elliott Wave: Another Buying Setup
As our members know we have had many profitable trading setups in Indies recently. In this technical article, we are going to present another Elliott Wave trading setup we got in SPX E-Mini (ES_F) . The futures has extended pull back, giving us another buying opportunity., ES_F completed this correction precisely at the Equal Legs zone, referred […]
WMB: A Midstream Energy Play With A Solid Yield, Technical Breakout
Image Source: PexelsThings have been good. The Fed reiterated its intention to lower the Fed Funds rate three times this year at the March meeting. Meanwhile, inflation is way down and the economy is solid. Manufacturing data was much better than expected and the Fed raised its GDP forecast for 2024 from 1.4% to 2.4%.But the […]
