Voyager Share Price Outlook as Voyager Files for Insolvency in the U.S

Voyager stock has seen its price plunging by 11.93% (-0.0364) today to 0.2686. 3AC (Three Arrows Capital) defaulted on Voyager Digital’s loan. Voyager filed for insolvency plus its Voyager Digital Holdings and Voyager Digital LLC subsidiaries. Voyager Digital Company (VYGVF: OTCQX) (VOYG: TSE) has (today) declared starting a Chapter 11 process, targeting stakeholder value maximization. … Read more

Ethereum (ETH): Miners’ Revenue Drop Amidst ‘Merge’ Expectation

Ethereum (ETH) continued to cheer high dominance over other alts, and miners confirmed that too. Ether miners earned over $3B more than their BTC peers in 2021. However, the optimistic tale around Ether miners saw a massive hit this year. Why the Revenue Plunge First and foremost, the Ethereum community awaits the Merge upgrade. Meanwhile, … Read more

Should You Sell or Buy AUD Ahead of RBA Financial Policy Decision?

Briefly – Analysts predict another rate increase from the Reserve Bank of Australia on Tuesday. AUD/USD hovers with a massive tone. Interest rate differential remains crucial. This month remains crucial as far as the economy is concerned. For instance, financial policy by central banks will rule financial markets. One is from the RBA (Reserve Bank … Read more

Bears Might Target This Zone Next as Cardano (ADA) Breaches $0.4565

The latest plummets frim $0.63 saw Cardano on a downward channel correction on its daily chart. Meanwhile, the 50 exponential moving average collaborated with ADA’s horizontal resistance to catalyze this decline. Cardano’s broader outlook would likely lean to selling in the upcoming days. Buyers should step up around the nearest support floor to avoid stretched … Read more

Two Things That Could Offset Effects of Core PCE Release Today

Analysts expect the United States’ core PCE to surge by 0.4%. Month-end flows to detect price movements. Independence Day suggests restrained price action. Investors and traders will concentrate on the Core Personal Consumption Expenditure during the North America session. The US Fed prefers this to gauge inflation, and analysts expect it to increase by 0.4% … Read more

Bitcoin (BTC): What Exchange Outflow & Inflow Suggest

Bitcoin’s price drop on June 28 was crucial for the leading cryptocurrency. The move erased all bullish upticks recorded within the previous week and sent the bellwether crypto back to the Three Arrows Capital slump valuations. However, does that imply a slight slump or severe pullbacks? Bitcoin Action While publishing this content, Bitcoin hovered at … Read more

These Dividend Stocks Have Massive Passive Income Potential

Investors might feel down amidst prevailing runaway inflation. However, you can do something now to ensure a reliable income stream that outshines inflation. Purchasing dividend-paying stocks with satisfactory payout rates remains a tested strategy to prepare for retirement, and you can start today. These businesses are known for sharing returns with their stakeholders in dividends. … Read more

Japanese Yen Resumes Downtrend as Foreigners Sell JGBs

Foreigners are selling JGBs at an accelerated speed. Bank of Japan is unlikely to shift the course. Yen remains primed for further plummets. Summer trading translates to ranging markets and declining volatility, but this year has something different for traders. JPY’s slide is among the reason, as the currency catalyzed notable actions within the FX … Read more

Dogecoin (DOGE) Gains 35%; Here’s Why Overcoming This Zone Is Crucial

Dogecoin responded with a massive upside after Elon Musk emphasized his DOGE support last week. The original meme coin gained over 35% within a week, following impressive buying by enthusiasts. DOGE saw its price climbing to $0.077 from $0.051. Surprisingly, the canine-themed crypto has witnessed colossal trading volume within the past 24 hours, which triggered … Read more

Stock Market in the Coming Week: FTSE 100 and S&P 500 Prediction

Central Bank repricing triggers short squeeze for S&P 500 FTSE 100 surges to a resistance zone. S&P 500’s Short Squeeze The 3% uptick in S&P 500 ends a massive week, with global bond yields and commodity prices underpinning. Besides that, the latest data indicating slowed economic growth momentum had markets repricing anticipations of tightening by … Read more

Should You Buy Signet Jewelers Stock in July 2022?

Briefly – Signet Jewelers announced strong Q1 earnings. The company’s management revised financial guidance. Signet announced a $0.20 quarterly share dividend. Signet Jewelers Limited announced steady Q1 earnings this month, though the company’s stock is yet to stabilize. The shares trade under NYSE: SIG ticker. Meanwhile, the firm’s management updated fiscal guidance for the Q2 … Read more

Here’s Why the BOJ Won’t Interfere to Stop Yen’s Fall

Briefly- The yen touched a 24-year low. The Bank of Japan is unlikely to arbitrate as inflation remains subdued. Wage inflation pressures stay low. The Japanese yen (JPY) sees extended declines as it touched new 24-year lows against the United States dollar. Yesterday’s trading sessions saw it plunging towards the 136.70 low – an area … Read more