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Month: June 2018

Get ready for 50 hectic hours in the markets – guide for 5 critical events

The week of June 11-15 is packed with top-tier regular and irregular events. These 5 events are set to rock financial markets and they are condensed in 50 hours. Here goes: 1) Trump-Kim Historic Summit Tuesday, 1:00 GMT. If there are no last-minute surprises, US President Donald Trump will shake hands with North Korean Leader […]

Bitcoin Cash Price Prediction: BTC/USD under renewed pressure, slips through 50MA and catches support at within wedge pattern

Bitcoin Cash price knocked back on Friday, nursing losses of 2.5% on the session. Price has formed a wedge pattern since breaking the ascending channel, BCH/USD could be vulnerable from further bearish action.   The Bitcoin Cash price was on the back foot on Friday, since retesting in an attempt to break back within an […]

Average New Vehicle Auto Payment Hits Record High $523 Per Month

Authored by Mick Shedlock via MishTalk, The average size of a loan for a new car in the U.S. set a record in the first quarter as did the average payment. Database firm Experian notes U.S. Monthly Auto Payments Reach Record High in First Quarter. New vehicle loans averaged $31,455 The average monthly payment for a […]

3 factors pushing the EUR/USD down

The EUR/USD ends a four-day winning streak with a drop.  Concerns about Italy’s policies and global trade weigh on the pair. The technical picture is mixed, and the bulls may have to wait. The EUR/USD fell to around 1.1770, suffering a day of losses after four consecutive days of rises and after climbing over 300 pips from […]

Greece Is No Longer The Ugliest PIIG In Europe

For the first time since July 2007, Greece is no longer the ugliest PIIGS nation in Europe. The last week has seen Italy sell 5.5 billion euros worth of 183-day bills at an average yield of 1.213% (the worst since Feb 2013) and Greece sell 1.625 billion euros worth of 183-day bills at an average […]

Dennis Rodman Says He Is Going To North Korea Summit After All

Former NBA player Dennis Rodman – one of the few people in the world who has met both President Donald Trump and North Korean leader Kim Jong Un – says he will travel to Singapore for the upcoming US-North Korea summit after all, Rodman’s agent, Darren Prince, confirmed to CNN. “He is willing to offer his support […]

To Better Organize, Decentralize: Matan Field of DAOstack

It’s time to move past the inefficiency of antiquated organizational structures, and blockchains are the key. So say the creators of DAOstack, a solution that’s designed to intuitively move people into systems of decentralized governance and away from the traditional top-down hierarchies that predominate the planet today. DAOstack CEO Matan Field was the featured guest […]

Three Luxury Apartments Sold for 420 BTC in the Coastal Region of Montenegro

This week three luxury apartments located in Budva, Montenegro sold for 420 BTC (3.2Mn USD) according to Notary Office and the firm Astra Montenegro Investment Association (AMIA). Furthermore, the AMIA has been successfully promoting the use of digital currencies in Budva and has convinced the neighboring Dukley hotel, Beach Lounge, and Marina to accept BTC. […]

Top industry analyst, Tom Lee says regulation of cryptocurrencies “is improving”: Bitcoin price down 1.46% on Friday

Goldman Sachs and Coinbase are now “running towards” regulation. The SMA is preventing declines towards $7,750 while the 100 SMA is offering immediate support. The co-founder of Fundstrat, Tom while on CNBC yesterday told investor in digital assets that regulation status in the industry is improving. This is evident by the involvement of Wall Street […]

“It’s Just Like 1998”: Why One Bank Is Haunted By Visions Of Credit Tremors Bursting The Tech Bubble

Earlier this week, Goldman Sachs, whose market-timing calls leave much to be desired, declared that tech stocks are “not a bubble”, and went so far as to predict that the secular increase in tech names could continue for decades, spawning vivid memories of Goldman predicting $200 oil months before the start of the second great […]