Day: March 8, 2022
Oil prices raised their gains by more than 4% in Tuesday’s trading, with Brent crude rising above $129, amid fears of official sanctions on Russian oil and fuel exports, raising concerns about the availability of supplies. On Monday, oil prices ended more than 4% higher, trimming their gains after touching the highest level since July […]
Spotify Shares Continue LowerSpotify shares are trading lower once again this week with prices now at their lowest level since the beginning of the pandemic in Q1 2020. The company has been mired with negative press over the last 6 – 12 months. Firstly, there was investor disgust over news that Spotify founder and owner […]
Nickel Rally Sparks Emergency MeasuresTheLondon Metals Exchange has today introduced emergency measures to halt the tradingof Nickel. The LME took the action in response to the dramatic rally in priceswhich has seen the futures market soaring to record highs of over $100,000 pertonne, with price having doubled in the last 24 hours.Fearsof a supply shortage […]
The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 2.8 million barrels for the week ended March 4, according to sources. The API also reportedly showed weekly inventory declines of nearly 2 million barrels for gasoline and 5.5 million barrels for distillates. Crude stocks at the Cushing, Okla., delivery hub were […]
BTC price rejects near $40,000 as investors balk at an upcoming Biden administration executive order on crypto regulation. 17422 Total views 50 Total shares Volatility and choppy price action continued to dominate the cryptocurrency market on March 7 as news that United States President Joe Biden plans to sign an executive order later this week. […]
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Fraud Prevention Month is a campaign held each March to inform and educate the public on the importance of protecting yourself from being a victim of fraud. This year’s theme is impersonation, and focuses on scams where fraudsters will claim to be government officials, critical infrastructure companies, and even law enforcement officials. The Canadian Anti-Fraud […]
Washington, D.C. — The Commodity Futures Trading Commission today filed a federal civil enforcement action in the U.S. District Court for the Eastern District of New York charging Dwayne Golden of Florida, Jatin Patel of India, Marquis Egerton of North Carolina, and Gregory Aggesen of New York with fraud for operating Ponzi schemes involving bitcoin, for fraudulently soliciting […]
Gold futures rose on Tuesday for a fourth straight session, settling above the $2,000-an-ounce mark for the first time since August 2020. Gold’s surge today and in recent sessions is “not only a reaction to the Ukraine situation, but also a sign that shorts in the futures markets are abandoning their battle to keep the […]
There have been more outflows than inflows to most exchanges except Binance, FTX, Bittrex and Bitfinex since last July, suggesting sellers may be exhausted according to Glassnode. 5660 Total views 52 Total shares Bitcoin inflows across all exchanges have been net negative since last July, but four major exchanges have been running contrary to this […]
