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On Sunday, February 14th 2021, Bitcoin was within touching distance of $50,000 as anticipated in January after successive rallies to the upside. Key points Bitcoin price drops to $45,686 as investors take profits. More financial firms are willing to adopt cryptocurrency as an asset. Other digital currencies continue to appreciate on Bitcoin’s success. Bitcoin appears […]

by Adegbotolu Kehinde Erastus
3 years ago
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Gamestop saga may have ended but the retail investors haven’t stopped combing the markets for opportunities. This week, the Redditors have turned their focus to cannabis stocks and they are making big moves. Tilray, Aurora, Canopy Growth and Aphria have been making abnormal gains. Key Takeaways Tilray short squeeze 2.0 is largely being pushed by […]

by Rufas Kamau
3 years ago
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Key Points Oil prices reaches $60 a barrel for the first time over a year Saudi Arabia pledges to tighten supply cuts China’s demand also key factor in pushing oil prices higher Crude oil prices hit $60 per barrel for the first time over a year. The year 2020 saw the price of crude oil […]

by Adegbotolu Kehinde Erastus
3 years ago
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Elon Musk has been supporting cryptocurrency adoption for the past couple of years. However, in 2021, he has become more aggressive in making clear of his intentions. On January 29th, he changed his Twitter profile Bio to #Bitcoin. This caused a 20% surge in Bitcoin price. Key Takeaways Tesla’s purchase of Bitcoin might lead other […]

by Rufas Kamau
3 years ago
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BoE is set to leave its interest rate unchanged on Thursday The sterling will await to hear if Governor Bailey will abandon negative rates The bank could give remarks on the success of vaccination scheme so farBoE is expected to keep interest rates unchanged The sterling bulls will have to wait until Thursday to find […]

by Lulama Msungwa
3 years ago
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It’s the first trading week of the month and what comes to every trader’s mind is the NFP (Non- Farm Payroll) report which is scheduled to be released on February 5th 2020. Last week’s Fed conference failed to provide the much needed volatility expected as the US dollar was still yet to pick a direction. […]

by Adegbotolu Kehinde Erastus
3 years ago
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