Crypto News 

Bitcoin’s Technicals Show Signs of a Bottom, Possible Short Term Rally: Analysts

“Key technical parameters signal that top cryptocurrency Bitcoin (BTC) may be finding a bottom, and could even be headed for a short term price hike, according to analysts at Bloomberg Jan. 22” writes Marie Huillet for cointelegraph.com. Having reportedly breached its lower VERA band limit yesterday, Bitcoin quickly rebounded to trade just above it — a behavior that Bloomberg suggests could signal a short term price surge. Source: cointelegraph.com

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Markets News 

“No one can set profit limit for traders, we expect state incentives to encourage local car assembly”: Chairperson of El Saba Automotive

“There are no signs of new declines in European car prices, which have fallen since the beginning of 2019” writes Tamer Farhat for dailynewsegypt.com. More importantly, most car traders are honest and transparent and will not evade taxes.Do we expect car prices to drop again?.  Source: dailynewsegypt.com

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News 

Europe’s Arianespace takes on SpaceX by cutting Ariane 5 rocket launch price

“He said in current marketing campaigns, the company is offering customers such as telecoms an Ariane 5 launch for the same price as the Ariane 6” writes Midwest Communications Inc for 95kqds.com. SINGAPORE (Reuters) – Europe’s Arianespace is discounting the price of satellite launches with its Ariane 5 rockets as it competes against U.S. rival SpaceX for customers before the release of the cheaper Ariane 6 rocket next year, a senior executive said on Wednesday. Source: 95kqds.com

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News 

RPC Group accepts $4.29 billion Apollo bid

“RPC Group PLC (RPC.LN) said Wednesday that it has accepted a takeover bid from private-equity giant Apollo Global Management LLC APO, -4.94% that values the U.K. packaging company at 3.32 billion pounds ($4.29 billion)” writes Adria Calatayud for marketwatch.com. The offer price represents a 16% premium to RPC’s closing share price on Sept. 7, the last day prior to the start of the offer period.Apollo’s bid is final and won’t be increased, RPC said.RPC shareholders will receive 782 pence a share in cash and be entitled to get the previously…

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News 

ET Deals: $150 off 10.5-inch iPad Pro, Dell Precision 3420 Workstation Desktop for $490

“Apple iPad Pro 64GB A10X 10.5-inch Retina Display Wi-Fi Tablet for $499.99 (256GB for $650, 512GB for $850) at Amazon (List price: $649)” writes Grant Brunner for extremetech.com. Dell Inspiron 3670 Intel Core i5-8400 6-core Desktop with GTX 1060 for $669.99 at Dell (Coupon code: 50OFF699 – List price: $888.99).Alienware Aurora i7-8700K 6-Core Gaming Desktop with GTX 1080, 16GB RAM for $1499.99 at Dell (List price: $1959.99).All-New Amazon Fire HD 8 16GB 8-inch HD Wi-Fi Tablet with Special Offers for $49.99 at Amazon (List price: $79.99).Netgear Arlo Pro HD Wireless…

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Markets News 

Bel-Air spec house’s price reduced. Now it’s just $150 million.

“The spec house, which listed for a quarter of a billion in 2017, is back on the market for $150 million” writes Los Angeles Times for seattletimes.com. As the dollar strengthened compared with the euro and the British pound over the last year, it boxed out potential international buyers — a market Makowsky hopes to attract.The extravagant mega-mansion, which listed for a quarter of a billion in 2017, is back on the market. Source: seattletimes.com

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News Stocks 

Nike stock upgraded by Cowen, says it expects a 13% gain

“Cowen also raised its 12-month price target for Nike to $90 from $80, which would translate to a 13 percent gain” writes unknown author for cnbc.com. Cowen upgraded Nike stock on Tuesday to outperform from market perform, saying the upcoming products in 2019 are expected to boost its profits.The stock is up more than 21 percent in the past 12 months as the company benefited from its product innovation and strong online sales. Source: cnbc.com

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