Author: Anthony M. Orbison

Ethereum is back on the mend, rising 15% in the last week and prompting holders to turn bullish on the asset. At press time, ETH is trading at $2,684.49, already a 4% rise in 24 hours alone. With the Ethereum team issuing an update ahead of the upcoming Pectra hard fork upgrade, there is new momentum behind the Ether token. The latest whale activity and technical indicators suggest Ethereum could be getting ready for a significant upswing, with a chance for it to reach $300. A recent increase in open interest, funding rates, and network growth signal strong demand for…

Mastering the Art of Technical Analysis: Tips and Tricks Technical analysis is a popular methodology used by investors and traders to analyze and forecast market trends. By studying price charts and other technical data, technical analysts aim to identify patterns and trends that can help them make informed investment decisions. While some may view technical analysis as a form of astrology or voodoo, a skilled technical analyst can provide valuable insights that can help maximize returns and minimize losses. In this article, we’ll explore the art of technical analysis, sharing some tips and tricks to help you master this important…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseDonald Trump’s plan to gut the Biden administration’s sweeping climate legislation would be like “stabbing ourselves” and give China the advantage in a global cleantech race, the US energy secretary has said. Jennifer Granholm told the Financial Times the Inflation Reduction Act had spurred a “tsunami of investment” worth $500bn and was rebuilding a US manufacturing sector capable of competing with China. But Trump’s plan to scrap the IRA and its vast cleantech subsidies if he is elected president…

In a notable transaction for Gulfport Energy (OTC:) Corp (NASDAQ:GPOR), directors from Silver Point Capital L.P. have sold a significant amount of shares in the company. The sale, which occurred on September 19, 2024, involved a total of 960,000 shares at a price of $146.25 each, amounting to a total value of $140.4 million. The transaction was disclosed in a recent filing with the U.S. Securities and Exchange Commission. Silver Point Capital, a private investment firm, and its directors, Edward A. Mule and Robert J. O’Shea, are reported to have a direct ownership in the shares sold. Following the transaction,…

Securitize has partnered with Wormhole Foundation to enable cross-chain interoperability for all assets tokenized on its platform, according to a Sept. 20 announcement.The partnership will make Wormhole the official blockchain interoperability provider for Securitize’s current and future tokenized assets, marking a significant step forward in the tokenization and cross-chain interoperability of digital assets.As a result, Securitize can connect its tokens to 32 blockchains available on Wormhole’s infrastructure, boosting its cross-chain features. The company is the tokenization infrastructure provider for institutions such as BlackRock and Hamilton Lane.The collaboration aims to facilitate institutional adoption and bridge the gap between traditional and decentralized…

The Pros and Cons of Forex Trading: What You Need to Know Forex trading, also known as foreign exchange trading or FX trading, has become increasingly popular in recent years. With the global currency market trading over $6 trillion daily, many investors and traders are attracted to the potential profits that can be made in this market. However, before diving into Forex trading, it’s essential to understand the pros and cons of this market. In this article, we’ll explore the advantages and disadvantages of Forex trading, helping you make an informed decision about whether this market is right for you.…

Boeing Co. offered its largest union a 30% wage hike in a bid to break a stalemate that has shut down its aircraft manufacturing across the Pacific Northwest. The revised contract includes reinstating a controversial annual bonus that was dropped from an earlier offer that was resoundingly defeated by members of the International Association of Machinists And Aerospace Workers union on Sept. 12, triggering the planemaker’s first major strike since 2008. Boeing has also doubled the bonus workers would get if the latest deal is passed, to $6,000. Boeing said the revised offer is contingent on ratification by the end…

The solar sector represents companies involved in the production, installation, and distribution of solar energy technologies. These firms range from solar panel manufacturers to installers and component suppliers. Solar stocks offer ownership in these renewable energy-focused companies. The sector has gained attention due to growing environmental concerns and the push for clean energy sources. Government incentives and declining costs have boosted solar energy adoption in recent years. Investing in solar stocks can offer several potential benefits. The sector aligns with the global trend towards renewable energy sources. Many countries have set ambitious clean energy targets, potentially driving long-term demand. Technological…

Este artículo también está disponible en español. XRP trades at a pivotal moment after several days of volatile price action, sparking renewed optimism among investors. Some analysts believe that XRP is on the verge of breaking out from a massive 4-year bullish triangle pattern, which has served as an extended accumulation period.  Related Reading This technical formation has been steadily building up, and now XRP appears poised for a significant expansion phase. Following years of underperformance caused by the ongoing SEC lawsuit and broader economic uncertainty, the market is watching closely for a potential breakout. If XRP breaks through its…

5 Simple Forex Trading Strategies for Beginners The foreign exchange market, also known as the Forex market, is a global market where individuals, businesses, and institutions trade currencies. With the ability to trade 24/5, the Forex market offers endless opportunities for traders to make profits. However, it can be overwhelming for beginners to navigate the market and develop a trading strategy. In this article, we will explore 5 simple Forex trading strategies that are perfect for beginners. 1. Trend Following Trend following is one of the most popular Forex trading strategies. It involves identifying the direction of the market trend…