Published: March 17, 2022 at 3:14 p.m. ET White House press secretary Jen Psaki on Thursday described President Joe Biden’s upcoming call on Friday with Chinese President Xi Jinping as “an opportunity for President Biden to assess where President Xi stands” on Russia’s invasion of Ukraine. “The fact that China has not denounced what Russia […]
Layer 2 scaling solution Optimism, has secured $150M in funding which it will use to hire new developers and decrease fees on the Ethereum network. 2300 Total views 26 Total shares Popular Ethereum scaling solution Optimism has announced a $150 million Series B funding round co-led by Andreessen Horowitz (a16z) and Paradigm at a total […]
The House of Representatives on Thursday passed a bill that would strip Russia of normal trade relations with the U.S., in a move that paves the way for higher tariffs on Russian goods. The bill now goes to the Senate. President Joe Biden has backed efforts to change Russia’s trade status as one way to […]
BOE Up NextThe Bank of England March rates meeting will be the main economic focus today. The bank is widely expected to raise rates by a further .25% in a bid to curtail soaring inflation. However, the current UK rates market pricing reflects a 60% probability of a .5% hike which, if delivered, would push […]
Type: Bearish ReversalKey Levels:Resistance: 1162’6Pivot: 1125’4Support: 1039’0Preferred Case:Prices are on bearish momentum and abiding by our descending trendline. We see the potential for a further bearish continuation from our Pivot at 1125’4 in line descending trendline towards our 1st support at 1039’0 in line with 61.8% Fibonacci projection. Our bearish bias is further supported by […]
• EURJPY broke key resistnace level 130.00• Likely to rise to resistnace level 132.00 EURJPY recently broke the key resistnace level 130.00, intersecting with the 61.8% Fibonacci correction of the downward impulse from February . The breakout of the resistnace level 130.00 accelerated the active short-term correciton (ii). EURJPY can be expected to rise further […]
Koa aims to help Ghanian farmers increase their pay while allowing cocoa consumers know exactly where their beans have come from. 1055 Total views 43 Total shares Cocoa product startup Koa launched a blockchain-based program this week that improves the transparency of its cocoa supply chain and ensures its Ghanaian farmers are being paid properly. […]
Stocks ended higher Thursday, extending their weekly gains, a day after the Federal Reserve increased its policy rates for the first time since 2018 and kicked off a new era of tighter financial conditions to help combat inflation. The Dow Jones Industrial Average DJIA, +1.23% rose about 416 points Thursday, or 1.2%, ending near 34,479. […]
The firm also highlighted that the Immutable X NFT marketplace deal is set to fetch the firm $150 million worth of IMX tokens upon the “achievement of certain milestones.” 2415 Total views 15 Total shares Much loved retail video game store chain GameStop (GME) is looking ahead to its long-awaited NFT marketplace and Web3 gaming […]
Shares of GameStop Corp. GME, +0.97% fell more than 8% in the extended session Thursday after the specialty retailer swung to a surprise quarterly loss and confirmed plans to launch a marketplace for non-fungible tokens, or NFTs. GameStop said it lost $147.5 million, or $1.94 a share, in the fourth quarter, versus earnings of $80.3 […]