Day: February 24, 2022
In 2018, the two main ways video game players could earn a living were through e-sports and live streaming — or perhaps a successful YouTube channel. But, thanks to the rise of blockchain technology, the financial aspect has never been more interwoven with the gaming industry. While most users are acquainted with one or two […]
U.S. oil futures topped $100 a barrel on Thursday after Russia’s full-scale invasion of Ukraine. Prices, however, finished with a more modest gain. Oil and natural-gas supplies are still unaffected by the current escalation, but “there is a concern that at some point they may get cut off,” said Michael Hewson, chief market analyst at […]
EURUSD, “Euro vs US Dollar” After forming a new consolidation range around 1.1295, EURUSD has broken it to the downside. Possibly, today the pair may fall to break 1.1200 and then continue trading downwards with the short-term target at 1.1157. GBPUSD, “Great Britain Pound vs US Dollar” Having reached 1.3540 and formed a new consolidation […]
USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the price is expected to test 6/8, break it, and then continue falling to reach the support at 5/8. However, this scenario may be […]
Crude Soars On Russian Invasion NewsCrude prices have surged to their highest level since summer 2014 this week, extending year to date gains just over 30%. Prices have been steadily gaining over the last week despite COT data showing a reduction in long positions, with the recent pull back proving to be a short-lived correction. […]
CitiEuropean OpenRisk-off sentiments initially permeated through markets over headlines that U.S. Secretary of State Blinken believed Russia will invade Ukraine before the night is over. This risk-off sentiment only took a turn for the worse, as Russian President Putin made a surprise speech announcing that he has authorized a special military operation. Subsequently, Bloomberg reported […]
Bitcoin (BTC) fell to $34,300 overnight on Feb. 24 as geopolitical tensions in Europe boiled over. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Arguments both ways” for BTC price outlook News that Russia had launched a “special military operation” in Ukraine sent BTC/USD tumbling along with traditional markets, data from Cointelegraph Markets Pro and TradingView […]
Shares of N95 face-mask maker 3M Co. MMM, -2.72% dropped 2.6% in afternoon trading Thursday, to put them on track to suffer the longest losing streak in a decade. The consumer, industrial and health care products company’s stock has tumbled 14.0% during its current 10-day losing streak, which would be the longest since the 13-day […]
Market analysis suggests that for Bitcoin to start knocking on the door of a sub $30,000 price, sellers would “need to panic out to a large degree.” 4382 Total views 48 Total shares Order books, essentially the list of orders that a trading outlet implements to show the interest of buyers and sellers, show considerable […]
The U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies fell by 129 billion cubic feet for the week ended Feb. 18. Total supplies in storage stand at 1.782 trillion cubic feet. The change in stocks compared with the average weekly decline of 128 billion cubic feet forecast by analysts polled by S&P […]
