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An analysis of Bitcoin's behavior indicates a new short-term bullish trend

Bitcoin’s analysis indicates a new short-term bullish trend

This year, Bitcoin’s rise in value has been called into question as the world’s most traded digital token struggles to hold above $30,000. However, the pattern of the recent bounce above that psychological line suggests it could rise again. In the near term, it could rise by at least another seven percent. The mentioned pattern …

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ThinkMarkets Expands to APAC with NZ License

On Wednesday, ThinkMarkets announced its grand expansion into the Asia Pacific (APAC) region by establishing a new entity in New Zealand. New Zealand’s Financial Markets Authority (FMA) will regulate the new entity. Such an expansive move will have far-reaching implications for this multi-asset online broker based in Australia. The Australia-based broker ThinkMarkets is taking its …

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Stocks

Renault Revenues Skyrocketed by 30% in the First Quarter

On Thursday, the French automaker Renault announced that its revenue grew by 30% in Q1 amid a sales rebound and higher car costs. In the recent period, the company reported better-than-expected sales in the first quarter due to massive demand for its new models. It includes Megane, Austral, and Arkana sport utility vehicles. Besides, it …

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Trade Nation Sponsors Two English Cricket Clubs

Trade Nation, a provider of forex and contracts for differences (CFDs) services, has expanded its sports sponsorship initiatives with the latest acquisitions of England cricket clubs – Hampshire Cricket and Southern Vipers. Trade Nation is now an official sponsor for both clubs as part of this mutually beneficial arrangement. All three Hampshire men’s and Southern …

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Axi Expands Manchester City FC, Adds Women’s Team

Australia-based FX/CFDs broker, Axi (formerly known as AxiTrader) recently extended its partnership with the renowned English football club Manchester City FC. Interestingly, it has also broadened its sponsorship rights to include Manchester City’s women’s team! In September 2020, Axi joined forces with Manchester City FC in a multi-year agreement just as the broker started its …

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