Monthly Archive: November, 2020

The work-from-home economy is probably here to stay. Deutsche Bank and Paypal became the latest big employers planning for a hybrid work model. Since the COVID-19 shutdowns, almost half of the world working population has spent time working from home. Experts believe at least a significant minority of these newly-at-home workers will stay there in the longer term. If you wind the clock back to November 2008, when...

The above is a fun chart that says it all IMO. The green line is the chart of FuelCell Energy Inc., a clean energy company that’s been publicly traded for literally almost 30 years, and which tends to surge whenever people get excited about electric vehicles or green tech. The blue line is the cryptocurrency Ripple or XRP, which has...

Investors are moving into risk assets after the Trump administration retreated from its unprecedented refusal to acknowledge or fund President-elect Joe Biden’s transition. This scenario is contributing to a large fluctuation on the EUR/USD everyday this week and our Forex Bot is managing to make great profits with the major currency pair. Over 100 trades this week with Buy and Sell orders of...

There’s no doubt crypto is becoming a mainstream product, allowing both retail and ever more so institutional accounts the ability to diversify and reduce portfolio variance. The lack of any significant correlation to a major equity benchmark or government bond market is therefore key. Those looking more short-term see 20-day realised volatility in crypto far higher than that of say...

Ethereum developers have set a minimum total stake of 524,288 ETH from 16,384 validators as the trigger for launching the mainnet, known as the beacon chain. The target must be met at least seven days beforehand, so by Nov. 24. If this doesn’t happen, the launch will take place seven days after the minimum staking threshold is met. As Ethereum...

Ethereum returned to $500 for the first time in more than two years on Nov. 20 as altcoins slowly staged a comeback from poor performance. Data from TradingView showed ETH/USD hitting $510 at 6% daily gains at press time. Ether’s achievement delighted traders, who noted that overall in 2020, the largest altcoin has outperformed even #Bitcoin. Year-to-date returns stand at 284%...

This week 3 billionaires commented about Bitcoin on Twitter. One of them is the second richest Mexican in the world, Ricardo Salinas Pliego, who revealed to have 10% of his net assets in the cryptocurrency. At another time, Pliego revealed that he bought its first bitcoins for $800 in 2016 through Grayscale. He even shared a video showing large garbage...

Today BrozBot is making HUGE profits with our Crypto Bots! Check it out this one with 8% Profit on the trading pair LTC/USDT. Litecoin is a cryptocurrency launched in late 2011 by former Google and Coinbase engineer Charlie Lee. To create Litecoin, Lee copied the Bitcoin codebase, increased the total supply, and changed the speed at which new blocks are added to the blockchain....

US equities continue to stride forward as small caps outpace large caps, cyclicals outperform defensive sectors and the Oil bull story continues to gain momentum. There’s certainly elevated chatter that potential shutdowns in the US will weigh more in the near-term and maybe so, but investor sentiment is the most elevated since 2017. Market internals are strong in the S&P...