Shareholders in media broadcasting company Sky will be rubbing their hands with glee as the price of Sky shares has doubled in the past year. The American cable operator Comcast won the auction sale for Sky on 22 September, with shareholders achieving a valuation of £17.83 per share. Sky Takeover Numbers The Comcast purchase of […]
This Is The Hot Debate; Which Way Will Bitcoin Move Now The Bitcoin market is wound up wondering about regulation. Regardless the outcome, BTC is set up to make a big move. The question now is which way will it be and the answer is tied to regulation. The cryptocurrency market faces dubious regulation in […]
Since the first quarter of this year, gold prices have tumbled over 12%. But do prices still have further to drop, or has the commodity now reached oversold territory, meaning a bounce could be imminent? Safe Haven Status While gold is traditionally considered a safe-haven asset, the trade spat between the US and China has […]
This Is Why A Rate Hike Isn’t That Important The FOMC is due to meet next week and by all accounts they are expected to raise rates. While a rate hike will be a dollar-positive event it is most likely already baked into the market expectation and may not produce a rally. The news that […]
This Is The News You Need To Know About The cryptocurrency market quietly bounced back over the past week as a number of positive events occurred within the industry. The market still has quite a ways to go to recover the losses incurred in 2018 but it looks like the bloodbath is over. Topping the […]
Wage Inflation Will Move The Dollar The US non-farm payrolls report was released today and was much as expected. Job gains were strong, unemployment is low and wages continue to rise. While several points within the report were tepid compared to expectation there is one that will move the dollar; average hourly earnings. Average hourly […]
This Is Why The S&P 500 Will Move Up This Year Labor Day weekend, a celebration of hard work and a time for families to picnic, go to the beach and spend time outside before the cold winter begins to set in. What it really means is an end to summer trading conditions and the […]
The SEC Is On Track For A BTC ETF The SEC has just rejected another 9 BTC ETF applications from 3 top ETF providers; Direxion, ProShares and Granite Shares. The news is not surprising as these funds, like all the ones denied before them, fail to meet the SECs standard for safe investment. The reason […]
Economic Strength Is Leading The Dollar Higher The Dollar Index hit a new high in the last week but has since pulled back from that level. The high, near $97 and well above a target for long-term resistance, is the highest level the index has seen in more than 2.5 years and likely not the […]
Masternodes Are The Future Of Cryptocurrency And Opportunity Now All computers, wallets and miners connected to a blockchain network are referred to as nodes. The nodes are what powers the network but not all nodes are the same. In regards to Bitcoin a “full node” will support all functions of the network where a lightweight […]