Day: February 16, 2022
The chances of another sell-off to $30,000 are slim, according to on-chain data. 8214 Total views 50 Total shares Bitcoin (BTC) broadly held levels at $44,000 and above on Feb. 16 amid fresh optimism that another macro low would be avoided. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView OBV sparks 2021 recovery comparisons Data from […]
The New York Stock Exchange has filed trademark applications with the U.S. Patent and Trademark Office for downloadable software to allow trading of a variety of assets, according to a Feb. 10 filing. The NYSE is applying to supply an online marketplace for buyers, sellers, and traders of downloadable digital goods authenticated by non-fungible tokens […]
The crypto segment is reviving after a recent slump. The sector capitalisation has now reached $2 trillion. In the Top 10 most powerful cryptocurrencies, the most active are Avalanche, Solana, and Binance Coin. The BTC is slightly falling on Wednesday and mostly trading at $44,220. The global sentiment is positive – the US stock market […]
GBPUSD has been strengthening for the second consecutive trading session; the statistics support the pair. The British Pound is still growing against the USD on Wednesday. The current quote for the instrument is 1.3569. According to the data published earlier today, the CPI in the United Kingdom showed 5.5% y/y in January against the expected […]
US Retail Sales Up NextUS retail sales will be the key data focus over today’s US session. On the back of better-than-expected jobs and inflation data for January, a strong reading today should help USD get back on track following a quieter couple of sessions. With risk sentiment rebounding amidst optimism that Russia/Ukraine tensions are […]
Canadian CPI In FocusThe release of Canadian CPI due later today puts the focus on the Canadian Dollar. With oil prices remaining at highs over January and with supply-side issues yet to be resolved, the market is looking for CAD CPI to rise across all metrics. Looking at the headline monthly reading, the market forecasts […]
The lawmaker claimed that crypto is not real money and companies splurging millions on advertisements proves that. 3165 Total views 25 Total shares The Super Bowl advertisements by crypto companies, including Coinbase, FTX and several others, ruled social media and news headlines for their out-of-the-box approach. However, United States Senate Banking Committee Chief Sherrod Brown was […]
Shares of The Trade Desk were up more than 3% in premarket trading Wednesday after the advertising-technology company exceeded expectations with its latest financial results and delivered an upbeat outlook. The company generated fourth-quarter net income of $8.0 million, or 2 cents a share, compared with $151.9 million, or 31 cents a share, in the […]
Foreign users tend to use hardware e-CNY wallets more at the Olympics, while domestic users mainly go for software wallets. 400 Total views 30 Total shares The 2022 Winter Olympics participants, visitors and organizers could be spending more than $300,000 in China’s digital yuan every day, according to new reports citing officials from the People’s […]
Shares of Ericsson ERIC, +2.47% ERIC.A, -9.78% ERIC.B, -10.57% slumped on Wednesday a day after the Swedish telecommunications giant disclosed “serious breaches of compliance rules” over Iraq dealings. U.S.-listed shares fell 8% in premarket trading, echoing losses seen in Stockholm. The company found corruption-related misconduct and questionable payments in Iraq dealings dating back to 2018. […]
