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In this tutorial, we explore trends further by discussing some of the technical driving forces at play when a new trend forms and then explain how to use parallel channels. We look at how you can draw parallel channels with Trading 212’s App, giving an example with a real-world price chart. Test and practice your
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Solana started the week trading near a two-month high, as momentum remained marginally bullish, despite market consolidation. The global cryptocurrency market cap is currently trading 0.98% higher as of writing. Shiba inu also traded close to recent highs, despite declines on Monday. Solana (SOL) Solana (SOL) remained near a two-month high to start the week,
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Senate Democrats are preparing to play defense in 2024 as they look to preserve their narrow majority in the upper chamber. The party is defending more than twice as many seats as Republicans, and it’s already facing the possibility that some of its incumbents could retire, leaving open competitive seats.  There are also few opportunities
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Deutsche BankdowngradedBank of America CorpBAC andJPMorgan Chase & CoJPM to Hold rating from Buy, reflecting a cautious view on the banks, including ongoing macro risks and likely weakening bank fundamentals. Key downside risks include a prolonged downturn/recession, resulting in higher-than-expected credit costs and a weaker capital markets backdrop driven by macro uncertainty. The analyst upgradedPNC
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Apple Inc.AAPL co-founderSteve Wozniakhas describedBitcoinBTC/USD as the only cryptocurrency thats pure-gold mathematics. What Happened: Wozniak made the comments about Bitcoin in aninterviewwith Business Insider in March 2022, adding that many cryptocurrencies are untrustworthy and have a track record of being rip-offs. There are so many cryptocurrencies that come out now; everybody has a way to
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Uniswap, the decentralized exchange, has partnered up with fintech company Moonpay to let users in the U.S., Brazil, the UK and SEPA (Single Euro Payments Area) areas buy cryptocurrencies on its web app with debit cards, credit cards or bank transfers. What Happened: Uniswap said on Tuesday that users may be able to convert fiat
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Former FTX US President Brett Harrison has revealed that his relationship with the exchanges embattled founder Sam Bankman-Friedhad reached a point of total deterioration. Harrisonsaysthat it was not worth continuing working for the company no matter the prestige or upside, or the risk it posed to his reputation in departing early. In a statement released
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Global payments giantVisa IncV has released a paper outlining how the firm could work withEthereumETH/USD to enable automated payments from self-custodial crypto wallets. What Happened: The paper, originally presented as part of a company hackathon held earlier this year, explores how the Ethereum mainnet can offer users the capability of scheduling auto-payments with the support
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