Amidst Turbulence in the Crypto Market, CreditEUBank Offers Special Trading Packages for Canadians
REGINA, SK, March 5, 2021 /PRNewswire/ In response to intraday volatility in the cryptocurrency market, reputed trading brand
CreditEUBank has designed a special trading package, containing all provisions necessary to securely buy and sell cryptocurrency in a period of uncertainty. This measure is also in line with the Canadian lawmaker s steps to institutionalize Bitcoin ETFs, with two promising ETFs already on the market. Our partner traders can rest assured that we ve analyzed both the opportunities and the risks of the current trends and events in the crypto market, and that trading with us remains a secure choice, filled with potential, remarked CreditEUBank s spokesperson Ray Glover. Our goal was to grant our customers advantageous conditions for these rough times ahead, and the spike in demand for our services is proof that we are doing something right.
Is Bitcoin Ready to Take a Tumble? Let s Check the Charts Based on the technical patterns, the risks of being long bitcoin and other cryptocurrencies appear high right now. Stocks quotes in this article: GBTC
I have tracked countless securities stocks, bonds, currencies, commodities over the past 60 years (I started reading The Wall Street Journal when I was 10), but bitcoin may be the most interesting. Let s check out two charts for any technical clues that suggest danger ahead. In this daily Japanese candlestick chart of the nearby CME futures contract, below, we can see that prices were up 11-fold from their low in March of last year. Futures are trading above the rising 50-day moving average line but they were more than twice the level of the rising 200-day moving average line. Two times the 200-day average is considered by many chart watchers as being overbought or extended (many of the books published by the late Joseph
Saudi Arabia Has Only One Objective: Higher Oil Prices at Any Cost! For now, they have achieved their objective, showing President Biden firmly who is in charge.
Mar 05, 2021 | 10:00 AM EST
If one were to look back one year when WTI oil prices traded at -$40/bbl., one would never have imagined to see WTI trading closer to $65/bbl. today, back above the level before the March Covid crisis. This is what happens when a market that is controlled by three nations, Saudi Arabia, Russia and the U.S., one of which does not rule logically but emotionally constantly surprising the market, more often than not in the wrong direction, which they only realize much later when the damage is done. Last year as travel demand was getting hit, Russia did not play ball with Saudi Arabia for the cuts, to which the latter decided to teach them a lesson and flooded the market with extra oil at a time when world was going into lockdown. Not realizing the power of their own actions, they caused o
The stock market is starting to turn ugly and so it the labor market, writes Bret Jensen, who says it is becoming harder for some employers to find help, in part because of generous unemployment benefits that will run into the fall.