WandaVision Episode 5: Huge reveals in biggest episode yet February 5, 2021 ** Warning: This review contains spoilers for the current episode of WandaVision ** Last week’s WandaVision welcomed us back to the real world, where we met the real Monica Rambeau (Teyonah Parris) and saw organisation SWORD’s attempts to breach Wanda’s (Elizabeth Olsen) reality. We’ll admit, it wasn’t our favourite, becoming a bit of a familiar [...]
City A.M. TV: Daily Market Snapshot February 5, 2021 With such a strong rally this week, and a marked retracement of recent losses, the key near term question is whether this is a ‘dead cat bounce’ – OR – simply a resumption of the medium term uptrend. From a price action perspective, the jury is still out. In particular, despite a strong rally in [...]
The Finnish Ghost is Glowing – Aave up 15% in 24hrs to hit all time high! February 5, 2021 Crypto at a Glance It looks like the DeFi circus is back in town and the acrobats are doing backflips and turning heads left, right and centre. AAVE is up more than 15% over the last 24 hours and yesterday set a new all-time high $506. The protocol is now the second-ranked DeFi platform by [...]
Bumper bullish bonzana: Lummis goes long, PayPal goes parabolic, Musk goes mad, and alliteration goes too far February 4, 2021 Crypto at a Glance It’s all systems go at the moment. Ethereum is in uncharted territory and has entered price discovery mode, Bitcoin has decisively broken out of the $30-35k range and is charging back towards $40k, and Elon Musk is tweeting about Doge again so expect that to have another wild weekend. It’s now [...]
City A.M. TV: Daily market snapshot February 4, 2021 With a strong move higher in US equity markets this week, signs of near term ‘greediness’ have been building. Usually, when levels of greed and complacency become elevated, markets then become vulnerable to the downside. Conversely, when fear levels are high, it pays to turn bullish. In this brief clip, we show how to ‘lean [...]
Covid-19: Global vaccination tally passes confirmed cases February 3, 2021 The number of global Covid-19 vaccinations has surpassed the tally of confirmed cases for the first time, marking a landmark moment in efforts to fight the virus. The total number of jabs administered reached 104m today, while the number of confirmed cases was just over 103m, according to the Financial Times vaccine tracker. With lockdown [...]
With Ether smashing through $1,500, MicroStrategy’s online ‘Bitcoin for Corporations’ event might send BTC stratospheric February 3, 2021 Crypto at a Glance There have been so many all-time highs set recently that it’s getting hard to keep up, but seeing Ethereum at over $1,500 will be particularly satisfying for many in the space. Is it now set to follow Bitcoin’s December trajectory and take off into the stratosphere? It’s good news everywhere today, [...]
City A.M. TV: Daily Market Snapshot February 3, 2021 With such a strong rally this week, and a marked retracement of recent losses, the key near term question is whether this is a ‘dead cat bounce’ – OR – simply a resumption of the medium term uptrend. From a price action perspective, the jury is still out. In particular, despite a strong rally in US [...]
Analysis: How worrying is the GameStop-Reddit mania? February 2, 2021 The second half of last week was a fascinating news cycle for financial newshounds and traders alike, as headlines were very much dominated by one story: GameStop. Global equities fell back 3.5 to 4 per cent last week, leaving them down slightly year-to-date, even though they did recover some of these losses yesterday. GameStop – [...]
Fed maintains monetary policy that helped bitcoin grow as BTC’s decentralization improves February 1, 2021 CryptoCompare data shows the price of Bitcoin (BTC) moved from around $34,000 to a low under the $30,000 mark before the cryptocurrency’s price recovered. It’s now trading at $34,000. BTC has been ranging between $30,000 and $40,000 for about a month now. Ether (ETH), the second-largest cryptocurrency by market capitalization, started the week above $1,400 [...]