Theresa May got her wish, in recent weeks, European Union leaders have granted the UK a six-month extension to Brexit. However, with each delay/extension the risk of a “no deal” increases. Theresa, who had wanted a shorter delay, said the UK would still aim to leave the EU as soon as possible. Any suggestion that a ‘no deal’ Brexit will be entirely avoided would typically be associated with a strong rally in the British Pound.
In its first monetary policy for the financial year 2019, the Reserve Bank Of India central bank slashed the repo rate by 25 basis points to
On 4hr chart,still making it way towards the triangle top resistance around 5400, limited upside. Possible stoch price bear divergence for downwards after testing 5400 zone, might get greedy to ‘appear’ making higher highs before heading down. Margin short rising.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
Network Value to Transactions Ratio :109
Total marketcap :179
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
Last week, Chevron’s paid $33 billion to buy Anadarko Petroleum. You see, Chevron wanted Anadarko’s oil shale properties in the Permian Basin. The Permian Basin is now the largest oil-producing region in the United States and the second largest globally.
So who is the next player to make a move because in any business you have to keep up with the Joneses to remain competitive and in some cases, survive.
Another player in the US is ExonMobile. Yes, they explore off shore, but their bread and butter is really downstream, refining oil into other products.
VITE (Bittrex: VITEBTC) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, VITE began a wave one advance on February 10. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 3, and the red wave two (blue sub-waves a-b-c) correction ended on April 16. If this wave count is correct, VITE should be heading next towards the April 3 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
VITE is a DAG/dPOS-based blockchain with one-click token issuance & smart contract capability. You can view their intro
Donald Tapscott, executive chairman of the Blockchain Research Institute, stated that the official Chinese currency, the renminbi (RMB), will become a cryptocurrency, in an interview with Bloomberg on April 17. In the interview, Tapscott revealed that he had recently been at a meeting with the vice-chairman of the Communist Party in China, who recalled that President Xi Jinping thinks that blockchain is one of the most important technologies for the future of the country.
Speaking about the government’s ban on cryptocurrency exchanges, Tapscott outlined that China is considering to ban cryptocurrency mining as well, and added:
“It’s not really necessary to do that [to ban exchanges and mining] because in 20 years we are not going to be using bitcoin in China. Chinese people will use the RMB, only the RMB will become a cryptocurrency. The central bank of China will turn it into a digital currency.”
Bittrex purportedly aims to get the facts straight about the denial of its license applications by the New York State Department of Financial Services (DFS) in recent statements to the media (including CoinDesk). But, the cryptocurrency exchange leaves out the context necessary to understand its failures to comply with DFS’s licensing requirements, it continues to misstate the facts and it presents a misleading picture about the denial.
First, Bittrex claims that DFS did not provide guidance to the company and that the company’s applications sat on DFS’s desk “for years.” These statements are untrue.
Bittrex either misunderstands or misrepresents the meaning of guidance from a regulator in the context of a license application. DFS’s guidance consists of informing an applicant of the regulatory requirements for a license and pointing out deficiencies that need to be addressed before a license is granted. The corrective work to address deficiencies remains the applicant’s responsibility.
Andrew Yang, a United States Democratic presidential candidate for the 2020 elections, is advocating for clear regulations on digital assets. Yang put the key operative points in a policy published on his campaign website.
Yang — an entrepreneur who contributed $120,000 to establish Venture For America (VFA), an accelerator aimed at building new startups in emerging cities — is running for president in 2020. As part of his presidential campaign, Yang stands for the implementation of cryptocurrency and digital assets regulation in the country.
In the release, Yang outlines that the government has failed to develop and launch a national framework for regulating digital assets, while several federal agencies claim conflicting jurisdictions. Yang stresses the need to define how digital assets should be treated and regulated in order to ensure that investors proceed with all the relevant information.
Yang said: “We should let investors, companies, and individuals know what the landscape and treatment will be moving forward to support innovation and development. The blockchain has vast potential.”
ANON performs coin burn, hard coded for block 48,500, on all shielded addresses.
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
Today, we tested the resistance line at 0.43$ several times but we havent been able to break it… So we are staying just under that line, waiting for the volume needed to break it or waiting for the sellers to take the advantage. Let’s see who will win in this battle but for sure we will need a Break Out to know the next direction.
Freeport-McMoRan (NYSE: FCX) engages in the mining of mineral properties in the United States, Indonesia, Peru, and Chile. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas.
In January I talked about how the Smart Money was betting on FCX to the upside.
Well, the Smart Money thinks earnings, although bad will be better than expected. But more importantly, the Smart Money is expecting some type of resolution / agreement between the US and China on tariffs because I noticed some unusual options activity in the March $13 strike call options.
Supply, demand, and human emotions my friends. This is what makes a market. As you know I talk Markets all the time and constantly looking for great companies and stories. I combine fundamentals with technicals, but technicals usually tell me the fundamentals before hand.
News drives stocks, there is no doubt about that. However there are many times that the market tips its hand, or someone knows “something” that will initiate the technical move before the fundamentals hit. One example of technicals ruling is the $AAPL selloff. While $AAPL was at $250 I said that I would not buy it
April 19, 2019
(updated April 19, 2019)
Published by eddiespino
We are starting the Easter weekend called “Semana Santa” in Mexico and both of my Airbnb units are full of people. It’s wonderful to meet new people, yes, it can be very stressing and the work accumulates. Only this past week we have hosted seven groups and it can turn very demanding if you host one group after another.
At the moment Gris and I are in charge of the cleaning, my mom also helps if she has time and my dad is in charge of cleaning the pool. We are doing very good and winning extra money definitely is worth the extra effort. In the near future we would like to hire a person that can help us with the cleaning, that would be great we would only be in charge of the administration.
Today we welcomed to groups that will stay until Sunday. Next week we have three groups confirmed and that will make April a wonderful month. We are winning more money that the one we would win if we were renting the house on the traditional way, almost the double.
Let me share some photos of the Bungalow we are renting:
We are enjoying this Airbnb adventure, it’s not something that I would like to do all my life and Steem is my main project but at the moment this activity is paying us more and it’s a great way to save money to invest it on Steem Power.