The Dow Jones Industrials hit record highs on Friday after unexpectedly weak U.S. jobs data reinforced the Fed’s decision of last week to delay the tapering of the quantitative easing program. For April, the U.S. jobs report showed that the U.S. economy added only 266,000 jobs, a decline from the […]
Copper price stormed to a new record high after bulldozing its way past the previous Feb 2011 record. This move comes on the back of renewed weakness on the US Dollar and risk-on plays that favour industrial metals and risk-associated commodities. The poor April NFP numbers have piled selling pressure […]
The Filecoin price continues to trade within a narrowing sideways range, but at some stage, that will change and is likely to bring a big move. During the early April bull run, the Filecoin price got to the dizzy heights of $236.0000. The 1000% rally in the first 4 months […]
The FTX token price continues its ascent higher and is currently trading at $61.3000 after setting a new high at 62.800 earlier today. The FTX token (FTTUSD) is similar to Binance Coin and Huobi Token and is the native cryptocurrency of a trading exchange. A relative newcomer to the space, […]
The Cardano price has jumped to a new all-time high of $1.7779 on news that founder Charles Hoskinson has dined with the Governor of Wyoming. A tweet from the founder of Cardano on May the 8th showed him at dinner with the Governor of Wyoming Mark Gordon. Other guests included […]
The Waves price has dropped 30% from its recent and all-time high. With the potential for more downside. Have buyers been left out to sea? In Sunday trading, the Waves price has continued its recent reversal and is currently -8.30 on the day. The coin, like much of the market, […]
The AARK Fund price is testing a critical trend line. The pressure is mounting for Cathie Wood’s Ark innovation ETF, as Archegos comparisons are drawn. The was a time when Cathie woods could do no wrong. Her concentrated bets in Tech names saw the ARKK Fund price increase 380% from […]
Investors were once again reminded that gravity exists. The Dogecoin price crashes 43% on news that Crypto pioneer Barry Silbert has a short position. It seemed like only yesterday I warned investors of the perils in chasing DOGE/USD valuations higher. Money has piled into the Dog-themed crypto coin of late. […]
The Bitcoin price continues its sideways trading as investors switch their attention to better-performing altcoins. Dominance slips to 3-year lows. BTC/USD is currently trading at $58.660 and up +2.04% in Sunday trading. Bitcoin seems to have found a base between $53000-$55,000. Whilst it has stopped falling, it’s not exactly flying. […]
The Ethereum price has set a new record over the weekend, gaining 10% to $3,960. JPMorgan outline why this may be the start. The recent rally in Ethereum shows no signs of stopping just yet, and the coin continues to eat away at Bitcoin’s market share. The 450% rally (so […]
After a test of the 50-Day Moving average at 1.1600, the GBP/EUR pair is again staring at the important 1.14570 support level. The British Pound finished the week against its European rival at 1.14997 after failing to break above 1.16000 earlier in the week. This now puts the 1.14700 back […]
The Rolls-Royce share price had a turbulent 2020. With bumper car sales and the holiday season approaching, is a comeback on the cards? It’s fair to say that 2020 was a tough year for the Roll-Royce share price. At its peak in February, the stock was trading at 244.00 pence […]
