ETHUSD is down 40%The Ethereum blockchain maintains the competitive edge.Ethereum solid long-term prospects. Ethereum has always been one of the best investments to hold in the burgeoning cryptocurrency space as the world’s largest programmable blockchain. Its native token has skyrocketed in recent years to record highs. However, it has come under pressure shedding more than … [Read more...] about Why Ethereum (ETHUSD) is a Buy on The Dip After a 40% Pull Back
Top Cryptocurrency Fundamental Analysis Factors
The concept of fundamental analysis (FA) is believed to have first emerged as far back as 1934 with the release of the book ‘Security Analysis,’ authored by the legendary professors David Dodd and Benjamin Graham. This body of work is considered the bible in stock fundamental analysis and value investing, philosophies championed by several high-profile investors, most … [Read more...] about Top Cryptocurrency Fundamental Analysis Factors
BlackRock Funds Incur $17-Billion Losses as Sanctions on Russia Hit
Global asset manager BlackRock has recorded some $17-billion worth of losses due to its Russian exposure, FT reported. BlackRock has marked down a number of its Russian assets valued at $18.2 billion at the end of January due to the impact of worldwide sanctions imposed against the country after President Vladimir Putin invaded Ukraine. The company halted acquisitions of … [Read more...] about BlackRock Funds Incur $17-Billion Losses as Sanctions on Russia Hit
UK Opens 2022 With Economic Rebound as Restrictions Ease
Source: Office for National Statistics The UK economy opened the year with a rebound, as services posted growth with consumers returning to food and beverage activities. EWU is up 1.23% premarket. The gross domestic product grew by 0.8% in January, following the 0.2% in December when restrictions were in place due to the COVID-19 Omicron variant.All sectors posted growth … [Read more...] about UK Opens 2022 With Economic Rebound as Restrictions Ease
UK Trade Deficit Widens by £8.6B in the Quarter to January
Source: Office for National Statistics The UK posted a goods and services deficit of 21.3 billion pounds in the three months to January 2022, an increase of 8.6 billion pounds. FTSE 100 is up +0.90%, GBPUSD is down -0.13%. The rise in trade deficit reflects an 11.0% or 4.7 billion pounds jump in imports against an 8.7% or 2.5 billion pounds increase in exports.Imports … [Read more...] about UK Trade Deficit Widens by £8.6B in the Quarter to January
