Gold and now Bitcoin has a positive correlation with long-term treasury bonds. Bond prices typically rise when the economy is weakening or there's panic in the air, it heralds more monetary intervention down the road. A breakout in Bitcoin will
A breakout in Bitcoin would be positive for the entire cryptocurrency space, but it needs to clear $10,000 for a really bullish picture to emerge.
BitcoinSV, which claims to be the true vision of digital money envisioned by Satoshi Nakamoto, experienced a breakout versus Bitcoin yesterday. A successful test of the 0.03 area would confirm the breakout.
Gold remains in a basing pattern. It could decline without wrecking the basing pattern. It is also looking potentially bullish in the short-term though. The junior miner ETF GDXJ needs to rally about 25 percent from here to complete its basing pattern.
SFC helps HKEX in investigation of China Ecotourism (1371) over dubious
loans and investment
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Comment: the toothless Exchange cannot fine or jail, it only handles
breaches of Listing Rules. The SFC helped trace funds, but why isn't it
taking civil a...
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