Tag: supports

Frank Corva

Proposed Bipartisan Legislation Recognizes Bitcoin As A Technology That Supports Democracy

On Wednesday, the office of Rep. Gabe Amo issued a press release stating that Rep. Amo and Rep. Kim (R-CA) reintroduced a bipartisan resolution supporting the use of distributive ledger technologies (DLT), including blockchain, to “support democratic governance, human rights, freedom of information, transparency, and innovation around the world.” The resolution (the full text of which was not linked to…

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Next potential supports are at 102.90/102.60 and 101.90 - Société Générale

Next potential supports are at 102.90/102.60 and 101.90 – Société Générale

The Dollar Index (DXY) has experienced a steady downtrend after facing strong resistance near 110.15 in January, Société Générale’s FX analysts note. Signals of a meaningful bounce are not yet visible “It has recently given up the 200-DMA (105) and is drifting towards November low of 103.30. Daily MACD is within deep negative territory denoting a stretched down move; however, signals…

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