Morgan Stanley’s Upgraded Outlook on Glencore PLC: A Buying Opportunity Amidst Market Overreaction In the ever-volatile world of commodities trading, one name that has been making headlines lately is Glencore PLC (GLEN). The London-listed mining and commodities trading giant has seen its share price take a hit due to concerns over weaker coal prices and…
Surprisingly Strong Fourth-Quarter Earnings: A Delightful Dive into Corporate America’s Financial Performance As the curtain draws on 2022, corporate America has been putting on a stunning show, leaving Wall Street analysts in awe. With more than three-fifths of the S&P 500 companies having reported their fourth-quarter earnings through Friday, an impressive 77% have surpassed the…
Unlocking the Mystery: A Technical Analysis of Ethereum’s Performance Compared to Bitcoin Insightful Analysis from Industry Expert Benjamin Cowen Recently, cryptocurrency industry expert Benjamin Cowen shared his insights on the ratio between Ethereum (CRYPTO: ETH) and Bitcoin (CRYPTO: BTC), suggesting that the altcoin market may be on the brink of a major shift. In his…
XRP Price Rallies Amid ETF Buzz What’s Happening with XRP? It’s been an exciting time for XRP enthusiasts as the price of the cryptocurrency has been on the rise. The recent buzz surrounding the possibility of an XRP exchange-traded fund (ETF) being approved has fueled this rally, with investors jumping on board in anticipation of…
Shiba Inu (SHIB) February Performance: A Closer Look Historical data shows Shiba Inu (SHIB) has never recorded losses in February. While past trends aren’t an assurance due to the crypto market’s wild fluctuations, SHIB’s consistent patterns have grabbed the crypto community’s attention. Shiba Inu, the meme-based cryptocurrency that gained popularity in 2021, has been making…
Is Bitcoin Really a Safe Haven Asset? Bitcoin’s Correlation with Global Markets Bitcoin, once hailed as a safe haven asset similar to gold, is facing challenges to this narrative in light of recent events. The correlation between Bitcoin and global markets has raised questions about its status as a safe haven investment, with some attributing…
Breaking Ground: Pathfinder’s First Gas-to-Power Data Centre Operation is Underway! Breaking Ground: Pathfinder’s First Gas-to-Power Data Centre Operation is Underway! HIGHLIGHTS First two modular centres (‘ MDCs’ ) delivered to AXP’s site with interconnection to gas-fired generators scheduled to commence this weekend; The modular data centres operated by Blackhart Technologies will host589 Bitmain S19J Pro…
EURGBP Currency Pair Analysis Recent Break of Support Zone The EURGBP currency pair recently broke the support zone between the support level 0.8300 (which stopped the previous impulse wave i at the end of January) and the 61.8% Fibonacci correction of the upward ABC correction 4 from December. This break of support has significant implications…
