Day: January 22, 2022
Bitcoin (BTC) and most major altcoins continue to witness a bloodbath on Jan. 21 and the result of the most recent downturn has been a $200 billion reduction in market capitalization. A new report by Huobi Research, in collaboration with Blockchain Association Singapore, forecast Bitcoin to enter a bear market in 2022. The liquidity tightening measures […]
Shares of Moderna Inc. MRNA, -4.45% slumped 2.3% toward an eight-month low in morning trading Friday, and have tumbled 26.5% amid a six-day losing streak, enough for formerly bearish BofA Securities analyst Geoff Meacham to say investors should stop selling the biotechnology company. Meacham raised his rating to neutral from underperform, and lifted his stock […]
CitiEuropean OpenAsian traders came to markets that were already jittery following an equity sell-off late in the NY session, causing risk off sentiment to permeate through the session. High beta currencies were down, led by AUD and NZD, while JPY and CHF fared better. USD was broadly flat. US Treasury yields were down as well […]
Type: Bullish BounceKey Levels:Resistance: 35367Pivot: 34622Support: 34010Preferred Case:With price at the support of a the stochastics indicator, we are biased that price will rise from pivot at 34622 in line with the 78.6% Fibonacci retracement and horizontal swing low support to 1st resistance at 35367 in line with the 50% Fibonacci retracement level and the […]
Ether (ETH) price lost the $3,600 support on Jan. 5 as minutes from the Federal Reserve’s December Federal Open Market Committee meeting showed that the regulator was committed to decreasing its balance sheet and increasing interest rates in 2022. Even with that looming overhead, Ethereum has problems of its own — more specifically, the ongoing […]
Google, Epic Games agree to trial in early 2023 – MarketWatch Skip to main content Latest Watchlist Markets Investing Personal Finance Economy Retirement How to Invest Video Center Live Events MarketWatch Picks Published: Jan. 21, 2022 at 12:47 p.m. ET Google parent Alphabet Inc. GOOGL, -2.22% GOOG, -2.56% and Epic Games Inc. have agreed to […]
General consensus seems to be that it’s been all downhill both before and after Bitcoin’s recent 13th birthday. 7354 Total views 33 Total shares Many crypto enthusiasts turned to social media on Friday to voice their frustrations with the state of the crypto market. One Reddit user named imyourkingg allegedly invested 30% of his net worth […]
Google parent Alphabet Inc. GOOGL, -2.22% GOOG, -2.56% filed a motion in federal court in New York Friday asking the court to dismiss Texas Attorney General Ken Paxton’s antitrust lawsuit over Google’s ad tech products. “This lawsuit has now been rewritten three times. With each version, AG Paxton follows the same pattern: make inaccurate and […]
The business intelligence firm has reported it used non-GAAP methods of calculating figures for its BTC buys excluding the “impact of share-based compensation expense and impairment losses and gains on sale from intangible assets.” 7521 Total views 42 Total shares Business intelligence firm MicroStrategy reportedly acted contrary to the Securities and Exchange Commission’s accounting practices […]
Oil prices finished lower on Friday, but scored a fifth consecutive weekly rise. “Crude prices may not have a one-way ticket to $100 oil, but the supply-side fundamentals certainly support that could happen by the summer,” said Edward Moya, senior market analyst at OANDA. “The next few trading sessions could be difficult for energy traders […]
