U.S. President Donald Trump met with Twitter Inc’s Chief Executive Jack Dorsey on Tuesday, hours after attacking the social media company over his claims it is biased against conservatives.
Jack kept it professional and said the meeting with the President was constructive and that Twitter is commitment to protecting the health of the public conversation ahead of the 2020 U.S. elections. It appeared the meeting outcome was mutual by the President.
But the real news was their earnings report that was released on Tuesday as well. Twitter reported first-quarter earnings took Wall Street by surprise. Twitter earning 37 cents a share on revenue
There we have the little selloff from 5600 zone. Still possible TD9 reversal on daily. On 4hr chart, may find good support around 5350-5400 zone. Next support on possible channel bottom around 5150 zone. 2 tiers of support to break before it can head to test 200 MA on daily. On daily, still possible stoch price bear divergence.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :135
Total marketcap :177
Dominance :54.7
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide.
Lockheed reported first quarter earnings today. Lockheed reported earnings of $5.99 per vs. $4.02 per share, one year earlier. Also, Lockheed’s net sales for the quarter rose 23% to $14.34 billion. Thanks to President Trump and his loose policies on foreign arms sales, Lockheed raised their forecast for 2019, which is ahead of Wall Street Estimates.
For example, the United States is considering expanding sales of Lockheed-made F-35 fighter jets to five new nations including Romania, Greece
I read another one this morning, another article speaking of a company implementing blockchain tech. This time it was an insurance company. The type of company doesn’t really matter, I’ve read many such articles and the market sector varies between insurance companies, logistics companies, banks, medical companies etc. each making its own chain.
The immediate question which comes to mind is: “How will this affect cryptocurrencies?”, which is what I will answer today.
Private blockchains: Good or Bad?
Good.
Next Question please.
Why?
Private blockchains have much to offer the corporate world. I like the fact that every bank transaction I’ve ever made can be called
And is there a land of milk and honey on the other side?
BTC is back on the warpath, pushing to new 2019 ATHs over the last two days. Yes it’s retracing now, but anyone with half a brain cell knows that that is only temporary.
This is the major price target level for BTC at the moment:
We have now encountered the last meaningful resistance on our way back up to $6000+ levels. This resistance level is the same support level that offered us a small pause during the drop from $6000 to below $4000 in November 2018.
Bitcoin’s daily chart is reporting a “golden crossover” – a bull cross of the 50- and 200-day moving averages – for the first time since October 2015. The crossover represents a long-term bearish-to-bullish trend change.
A convincing close today above $5,466 (April 10 high) would establish another bullish higher high and boost the prospects of a rally to $6,000.
That rally, however, may be preceded by consolidation or price pullback, as the golden crossover is accompanied by the overbought readings on the relative strength index and a neutral long/short ratio.
The case for a pullback to $5,000 would strengthen if the price fails to close (UTC) today above $5,466 (April 10 high).
An effort to build a domain name system on top of the ethereum blockchain network is gearing up for a major upgrade early next month — and the project’s developers are urging stakeholders to prepare.
At the heart of the upgrade is the replacement of the Ethereum Name Service’s registrar, with the goal of vastly speeding up the process of registering .eth, .xyz, and .lux domain names. What’s more, names registered on the ENS will be treated as non-fungible tokens (NFTs), allowing them to be bought and exchanged like similar kinds of tokens on the ethereum network.
During an April 16 blog post, Ethereum Name Service (ENS) lead developer Nick Johnson wrote that registered domain users have one year after May 4 to migrate their domain to a new registar that is replacing the existing one.
Tech giant IBM has been awarded a patent for a mobile data sharing method that uses distributed ledger technology (DLT), according to documents published by the United States Patent and Trademark Office (USPTO) on April 23.
The product described in the filing represents a continuation of U.S. patent application filed in November 2017 entitled “Information Sharing Among Mobile Apparatus.” IBM proposes a method executed by a mobile apparatus to verify information that has been shared between two devices.
In detail, the platform can collect specific information and deliver it to nearby computing nodes, with subsequent publishing of a verified incident event on a distributed ledger. The collected data is further used to map information updates.
French financial services giant Societe Generale Group has issued about $112 million worth of bonds in the form of a security token on the public ethereum blockchain.
Announced today, a subsidiary called Societe Generale SFH used the OFH token (obligations de financement de l’habitat, or home financing obligations) to represent 100 million euros of covered bonds, a type of security that is backed by specific assets but remains on the issuer’s balance sheet.
However, according to a report published Tuesday by bond rating agency Moody’s Investors Service, Societe Generale was “the sole investor,” meaning the firm issued the securities to itself and no outside buyers were involved.
Over the last few years, South Korea has become a hotspot for cryptocurrencies and the region captures a large amount of the world’s digital asset trade volume. A survey published on April 20 by the Korea Financial Investment Association shows that the average South Korean cryptocurrency trader has increased their crypto holdings by 64.2% over the last year
In 2017, cryptocurrency markets were extremely popular among South Korean traders and numbers that year definitely outshone the recent KOFIA poll published this week. According to another survey, one third of South Korean workers were crypto investors in 2017 but the average investment was less at $5,260 per investor. Another difference between then and now was the amount of younger (20s and 30s) South Korean investors was about 80% of the respondents polled. At the time, the South Korean won captured a third of the world’s crypto trade volume in 2017 behind the USD and JPY. Today the currency is still usually a top five trading pair, according to data from sites like Coinlib.io and Cryptocompare.
“… We will have all ALA Reclaim payouts completed.”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
So yeah it was expected even I was trying to stay optimist… After the break of the support line around 0.43$, the next objective was to go test the next support, the orange line around 0.39$. This is now done and the market is really trying to break that line so I’m not sure we won’t have a break quiet soon and an acceleration with the drop. Courage dera holders, it will be the time of the altcoins also…
Lets zoom for a closer look at the trade set-up. What I like about the zone is price has been making higher lowers and higher highs. In addition, the momentum is to the upside.
This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.
Litecoin had been outperforming most cryptos for a couple months. After it’s nice little run we got some backing and filling as expected and now find price at a key support level.
Foundation of the next move or something worse?
With Bitcoin pushing higher today it’s easy to get optimistic about litecoin moving too. However, lets look at the chart within this post to see exactly what is going on so we can make informed decisions.
Support offering a good risk-reward
As you can see price is sitting right at the 75 area support level. This was a key support level that held a
After flipping back bullish once the 200 day was taken back, we have continued the “V-shaped” rally back to all time highs. This rally has been incredible and the pain train continues to be higher. It appears that this “long in the tooth rally” may cause a massive short squeeze to the upside. The buyers are pressing and pressing and a volatility expansion up may be in the cards.
Looking at the long term formation it is VERY clear that they “bought the dip”. Check this out.
It’s quite incredible we have seen nothing like this in the last 10
D.R. Horton, Inc. operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West regions in the United States. It engages in the acquisition and development of land; and construction and sale of homes in 27 states and 81 markets in the United States under the names of D.R. Horton, America’s Builder, Express Homes, Emerald Homes, Freedom Homes, and Pacific Ridge Home.
Last week, Susquehanna Financial Group analyst Jack Micenko downgraded D.R. Horton rating the company Neutral from Positive.
Yesterday, the homebuilder stocks declined after sales of previously owned U.S. homes fell more than forecast in March. The reported
