Day: March 14, 2022
• Dow Jones reversed from support zone • Likely to rise to resistance level 34000.00 Dow Jones recently reversed up from the support zone located between the support level 32310.00 (which has been steadily reversing the index from the start of 2021) and the lower weekly Bollinger Band. This support zone was further strengthened by […]
• USDJPY broke resistance level 116.30 • Likely to rise to resistance level 119.00 USDJPY continues to rise strongly after the earlier breakout of the key resistance level 116.30 (previous monthly high from January and February). The breakout of the resistance level 116.30 accelerated the active impulse waves (iii), 3 and (3). Given the clear […]
Bitcoin (BTC) has been relatively calm during the weekend, indicating that traders are playing it safe and not waging large bets before the upcoming Federal Open Market Committee meeting on March 15 and March 16. The quantum of the rate hike could act as the next trigger for the crypto markets. The current neutral setup […]
Key Democratic Sen. Joe Manchin of West Virginia said in a statement on Monday that he’s “unable to support” the nomination of Sarah Bloom Raskin by President Joe Biden to serve on the Federal Reserve’s Board of Governors, according to multiple published reports. “Her previous public statements have failed to satisfactorily address my concerns about […]
The second fastest-growing city in Texas will begin exploring policy capabilities to accept Bitcoin as a payment option and integrate other Web3 applications to improve resident‘s lives. 2605 Total views 55 Total shares Mayor Steve Adler of Austin, Texas, has fully embraced the discovery of what blockchain technology and crypto payments can bring to his […]
The Food and Drug Administration’s approval on Friday of AstraZeneca’s Lynparza as a treatment for some people with early-stage breast cancer could bring in $1.5 billion in annual revenue for the company. U.S.-listed shares of AstraZeneca AZN, +1.98% AZN, +1.06% were up 1.5% in trading on Monday. SVB Leerink analyst Andrew Berens told investors in […]
The European Union’s MiCA bill has had a line related to environmental sustainability added back in, which could be problematic for Bitcoin miners in the region. 3393 Total views 40 Total shares The legal standing of Bitcoin mining in the European Union hinges on the results of today‘s vote in the European Parliamentary Committee on […]
Bob Iger, former chairman and chief executive of the Walt Disney Co. DIS, -1.41% is investing in and joining the board of Genies, an avatar technology company. Iger will join Bond’s Mary Meeker, NEA’s Rick Yang, Genies CEO & co-founder Akash Nigam, and Genies co-founder Evan Rosenbaum on the board. “We believe that avatar ecosystems […]
Bitcoin (BTC) starts a new week struggling to preserve support as key macro changes appear on the horizon. In what could turn out to be a crucial week for Bitcoin and altcoins’ relationship with traditional assets, the United States Federal Reserve is set to be the main talking point for hodlers. Amid an atmosphere of […]
Ecolab Inc. ECL, -2.24% said Monday it’s planning to buy back $500 million of its own shares in 2022. The water treatment company had about 286 million shares outstanding on Feb. 28. “While continued rising raw material costs present a significant headwind for us and others, history shows that we have successfully navigated repeated raw […]
