UK Inflation Declines

Crypto

Today, the latest UK Consumer Price Index (CPI) figures were released. According to ForexFactory: The actual annual CPI came in at 2.8%, Analysts had expected it to remain at the previous level of 3.0%. As a result, the British pound weakened, and a slight spike in volatility was observed on the FTSE 100 stock index […]

GameStop Buys Bitcoin as It Tries to Respawn Its Relevance

Crypto

The poster child of retail irrelevance, GameStop is betting on Bitcoin to level up its balance sheet—and maybe its entire brand. Game Over for Blockbuster. Will GameStop Be Next? Remember Blockbuster? Of course not—you stream now. Then there was Netflix’s DVD-by-mail era, which ended not with a bang but a quiet shipping label. These were […]

European Currencies Correct to Key Support Levels

Crypto

The appreciation of European currencies observed over the past two months has stalled after testing key medium-term levels. The single European currency, having fallen just short of 1.0000, formed a bearish engulfing pattern and retreated below 1.0800. GBP/USD buyers failed to hold the price above 1.3000, and last week the pair was trading below 1.

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