Category: Uncategorized
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China’s Economy: 7 Things That We Need to Be Aware About
China is the second biggest economy in the world by size, but still lacks behind in per capita basis. By gross domestic product, China is currently the second largest economy in the world at 19% of the world’s GDP, with United States at first at 24%. This is followed by…
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Canaan Inc: 5 Things To Know in 2022
Canaan Inc is a hardware provider for supercomputing solutions, mainly for the Bitcoin industry. Canaan Inc (CI)is a Chinese-based IC designer company mainly involved in the production of ASIC chips that are mainly used in the Bitcoin industry. CI has a reputation for providing the Avalon brand to Bitcoin consumers…
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4 Key Points from U.S. Inflation Rate Easing
U.S. Inflation eased at a significant pace finally in October 2022 U.S. consumer price growth or inflation finally eased to 7.7% in October 2022 from 8.2% in September 2022. This has come on the back of inflation rising to as high as 9.1% in June 2022 as high crude oil and…
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Green Dot Corporation: 5 Things to Know in 2022
Green Dot Corporation is a financial technology firm that functions like a digital bank and provides most of what traditional banks are offering in the market. Green Dot Corporation (GDC) is a financial technology firm listed in the Nasdaq market and has all the functions of a traditional bank. It…
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KLCI Technical Analysis for Week 3 of November 2022
Last week’s prediction according to the technical indicators was for a downward trend. The result of that analysis was that the KLIC market was up by 2.1% for the week, which means there is some learning lessons here. The takeaway from these week is that The KLCI market is expected…
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KLCI: Technical Analysis for Week 2 of November 2022
So far, in week 2 currently, there are a couple of technical analysis we can take note of for the start of the second week for the FBM KLCI market. The takeaway from this week is that the market might be down according to the technical indicators. Bollinger Band is…
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4 Key Points About the Ethereum Market in October 2022
Ethereum prices rose in line with Bitcoin and U.S. equity markets as the roll out of the Merge improved the long-term prospects of Ethereum. Ethereum prices were up by 18.4% to $1,573 in October 2022 from $1,329 in September 2022, higher than Bitcoin’s equivalent price increase of 5.5% during the…
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4 Main Takeaways from Bitcoin Market in Oct 2022
Bitcoin prices rose in October 2022, buoyed by increased buying interest as the market rose in line with the U.S. equity markets. Bitcoin prices rose by 5.5% in October to $20,496 from $19,423 in September 2022, in line with the U.S. equity markets. The Dow Jones Index increased by a…
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5 Takeaways from the U.S. Stock Market in 3Q 2022
The American stock market dropped in the 3Q 2022, due to the Fed’s interest rates hikes and elevated inflation concerns. The American stock market declined by 5.8% in the 3Q 2022, as the Fed has continued to raise interest rates in line with elevated inflation concerns. Fed’s interest rate is…
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5 Things to Know About the Chinese Stock Market in 3Q 2022
The Chinese Stock Market Sharply Declined in the 3Q 2022, due to the Chinese government Instituting Lockdowns and the Property Market Getting Worse. The Hang Seng China Enterprise Index declined by 22.9%, mainly because of two reasons. firstly, the Chinese government remains very committed to its zero-covid policy where they…
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