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Tag: short-term

Darwinex Posts Growth in Revenue, Profits Decline

Darinex (also known as Tradeslide) released its financial report for 2021 (up to June). Darwinex saw a sharp drop in its profits from 470,000 euros in in 2020 to 225,000 euros in 2021.

The 3 most common US crypto tax questions

With another US tax season in full swing, many crypto users are wondering:Do I need to pay taxes on my crypto?What tax rates...

Tempus: Decentralized Fixed Income

Today, more and more investors want to explore blockchain technology and its potential to transform finance. Tempus is here to meet such demands and provide a new way to approach blockchain investments. Blockchain technology has become one of the leading technological innovations and has received a lot of attention over the past decade, particularly in [...]

The post Tempus: Decentralized Fixed Income appeared first on Blockonomi.

The Invisible Cost Of War In The Age Of Quantitative Easing

Through increasingly unscrupulous monetary policy, U.S. government officials mask the costs of war from the American public. Bitcoin could fix this.

Reduce Risk With Better Cyber Due Diligence

Done incorrectly, due diligence can result in slower integration of assets, which increases acquisition costs associated and could reduce expected gains.

RUNE Technical Analysis: Should You Consider Buying The Mainnet Launch Fueled Uptrend?

Thorchain (RUNE) Technical Analysis

RUNE coin price shows a phenomenal surge of more than 50% within 72 hours, reflecting a hoard of new buyers lining up and increasing the demand.  Key technical points: The RUNE coin prices break above $5 The RSI slope is on the verge of entering the overbought zone The 24-hour trading volume in the Thorchain token is $454 Million, indicating a 571% rise.  Past Performance of RUNE RUNE coin price puts an end to the short-term downtrend, breaks above the 50-day EMA close to $5, and challenges the 100-day EMA at $6. The rally comes after the prices stabilize at a $3.5 support level and allow the buyers to step in. The rally comes before the long-awaited launch of the mainnet and the integration with Terra. The integration comes with a BANG! to support all the Cosmos-based projects. Source-Tradingview RUNE Technical Analysis  The RUNE coin price action shows a power struggle at $6, hinting at a halt in the news-based rally. However, the increased buying pressure evident by the jump in trading volume marks the possibility of an uptrend above $6. The rally breaks above 50-day EMA and shows a reversal in the trend, but the rally struggles to approach the 200-day EMA as the 100-day EMA challenges the bullish growth. However, the breakout of 100-day EMA seems inevitable, which will increase the chances of bullish crossovers. The MACD indicator shows the merged fast and slow lines diverging to get a bullish alignment as the fast line creeps into the positive territory. Moreover, the bullish trend in MACD histograms gains momentum, reflecting the growth in buying pressure.  The RSI Indicator slope shows a phenomenal surge from below the 14-day average to on the verge of crossing into the overbought zone. Moreover, the 14-day SMA line maintains the parabolic uptrend and may shortly surpass the 50% mark. In conclusion, the RUNE technical analysis forecasts a rally that may surpass the $6 mark. Upcoming Trend The RUNE coin price shows an increase in demand with the latest development in the company. Hence, traders can expect the breakout of $6 as another buying spot to capture the upcoming rally.  Support Levels: $5 and $4.5 Resistance Levels: $6 and $6.75

The post RUNE Technical Analysis: Should You Consider Buying The Mainnet Launch Fueled Uptrend? appeared first on Cryptoknowmics-Crypto News and Media Platform.

Fujisawa Toyama Group Releases the Report on Electric Vehicle Gains

TORONTO, ON, Mar 2, 2022 - (ACN Newswire) - Recently, Fujisawa Toyama Group has released the report on Electric Vehicle Gains. Analysts from Fujisawa Toyama Group have highlighted that Russia, one of the world's largest oil producers, continues to drive its prices higher due to the recent sanctions imposed by western countries. With tensions still escalating in Ukraine, increasing oil prices give investors the possible fear of a potential energy crisis ahead. While prices continue to soar, analysts from Fujisawa Toyama Group have noted that electric vehicle (EV) makers are also on the rise.

Since Monday, Telsa Inc. shares have rallied over seven percent on the NASDAQ. Market analysts believe there is a direct correlation between heightened oil prices and the increasing value of EV companies.

"Oil prices are likely to play a huge role and impact new car buyers. Instead of paying out increased annual fuel costs, buyers seem to be more attracted to switching to electric vehicles," noted Anthony Stone, Director of Global Securities at Fujisawa Toyama Group.

New sales market data suggests that the price to fill up a Tesla would cost around $10; on the other side, a gasoline-powered car would cost up to five times that amount, reinforcing the more attractive switch to electric vehicles.

"With rising oil prices, tensions escalating in Europe, and environmental, solid and governance (ESG) laws continuing to be adopted, we are seeing the perfect environment for EV companies as their market value continues to soar," added Thomas Carter, Head of Equities Trading at Fujisawa Toyama Group.

Automakers understand that the most crucial factor is adopting cheaper and more reliable batteries. Over the next few years, they are looking to cut battery costs in half, which would mean three to four thousand dollars off the purchase price of a new EV.

That is food for thought for the likes of Tesla and also Apple Inc., which is reportedly building its long-awaited electric vehicle, set for release in 2024. There are multiple moving parts to consider when assessing the influence of any commodity price on broad EV adoption. EV adoption over the long term will be determined by whether or not EVs are superior to conventional cars in terms of cost, quality, and driving metrics.

About Fujisawa Toyama Group

As an independent financial services company, we work with worldwide clients to discover what their financial goals are putting strategies together to ensure these goals can be reached. Fujisawa Toyama Group's wealth advisors are experienced professionals who know how markets behave and will help you identify your risk profile so that you can make more informed decisions about both your short-term needs as well as long-term objectives.

Media Contact
Sebastian Warner, Head of Investment Analysis
E-Mail: [email protected]
Telephone: +1 647 493 9480
Sales & Trading Office Address: 199 Bay Street, Toronto, Ontario, M5L 1L5, Canada
Website: https://ftgfinancial.com/

SOURCE: FUJISAWA TOYAMA GROUP

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comRecently, Fujisawa Toyama Group has released the report on Electric Vehicle Gains. Analysts from Fujisawa Toyama Group have highlighted that Russia, one of the world's largest oil producers, continues to drive its prices higher due to the recent sanctions imposed by western countries.

Marketing Agencies: Cloud Messaging

Text Messaging Service has become a popular way of connecting with clients and consumers as the use of mobile phones has increased. Bulk...

Three metrics reveal why CHZ investors might be in for double profits soon

Chiliz’s price, at press time, pictured a perfect combination of three on-chain metrics. Each of these suggested that it could be due for an explosive move. Considering the bullishness of Bitcoin and the crypto-market in general, this outlook might just be plausible for CHZ. The trifecta that will propel CHZ by 100% Chiliz’s price, at […]

Hashstack secures $1 million seed funding from Moonrock, GHAF Capital and others as it brings under-collateralized loans to DeFi space

Road Town, British Virgin Islands, 1st March, 2022, Chainwire Hot on the heels of launching its Open Protocol testnet, Hashstack Finance is thrilled to announce the closing of its $1 million seed funding round. The project will use the proceeds to develop the Open Protocol, attract top talent, and grow the community. The seed round saw participation […]

XRP Breakout is Imminent, These are the Expected Targets Which are Extremely Inflated than The ATH!

xrpprice

The post XRP Breakout is Imminent, These are the Expected Targets Which are Extremely Inflated than The ATH! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Well with the beginning of the monthly trade, most of the crypto assets are showcasing huge bullish momentum. The Bitcoin price sliced through the strong resistance and continues to remain consolidated within the higher levels. And hence the recent jump also pumped the XRP price too out of the consolidation. However, a significant buy signal …

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