Day: April 6, 2022
Terra, the Blockchain outfit using Bitcoin (BTC) to back its new United States dollar stablecoin, has bought over 5,000 BTC. Wallet data confirms that on April 6, Terra added another 5,040 BTC to its balance, now totaling to 35,768 BTC. Terra buys the dip… again The move comes after a multi-day lull in buying activity […]
In the latest sign that multi-cloud computing awards will become a corporate and government agency norm, Boeing Co. BA, -2.24% on Wednesday announced it has awarded a contract to the three biggest U.S. cloud-computing companies — Amazon.com Inc.’s AWS AMZN, -3.19%, Microsoft Corp. MSFT, -4.33% and Alphabet Inc.’s Google GOOGL, -3.00% GOOG, -2.85% — to […]
The cryptocurrency expectedly responded to the US stock market decline. Yesterday, American policymakers spoke and said that the US Fed’s portfolio would be cut much faster than in the past, as well as announced a possibility of a 50-point rate hike during its meeting on 3-4 May. This news made investors sell assets and indices […]
EURUSD, “Euro vs US Dollar” EURUSD continues forming the descending wave and may soon reach at 1.0860. After that, the instrument may correct towards 1.0945 and then start another decline with the target at 1.0806. GBPUSD, “Great Britain Pound vs US Dollar” After finishing the descending wave at 1.3079, GBPUSD is forming a new consolidation […]
Type: Bullish RiseKey Levels:Resistance: 73.42Pivot: 72.11Support: 70.81Preferred Case:With price moving above the Ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance in line with the 73.42 in line with the overlap resistance and 61.8% Fibonacci retracement from our pivot of 72.11 in line with the 23.6% Fibonacci retracement and […]
Type: Bullish RiseKey Levels:Resistance: 767’0Pivot: 750’2Support: 741’0Preferred Case:With price moving above the Ichimoku cloud along with the recent trendline breakout, we have a bullish bias that price will rise to our 1st resistance in line with the 767’0 in line with he swing high resistance from our pivot of 750’2 in line with the 23.6% […]
A majority of the developers believe that crypto and blockchain innovation will be “critical to shaping the future of the metaverse.” 1952 Total views 40 Total shares A new study shows that developers believe that the Metaverse may become the “most popular” way to buy and sell crypto someday. The study, commissioned by API provider […]
The Energy Information Administration reported on Wednesday that U.S. crude inventories rose by 2.4 million barrels for the week ended April 1. That followed declines in each of the previous two weeks. On average, the EIA was expected to show crude inventories down by more than 1.85 million barrels, according to analysts surveyed by S&P […]
Three market catalysts suggest that Ethereum’s native token Ether (ETH) is well-positioned to reach $4,000 this month. Google searches for “Ethereum merge” spike Internet users’ interest in Ethereum’s upcoming network upgrade, dubbed “the Merge,” surged substantially in the week ending April 2, Google Trends’ data shows. Searches for the keyword “Ethereum Merge” reached a perfect […]
Raymond James on Wednesday downgraded three bank stocks and upgraded one ahead of the first-quarter earnings season. Bright spots for banks include improving loan growth, potential expansion in net interest income as interest rates rise, and benign credit trends. Challenges include tough comparisons in fee income businesses from mortgages and capital markets; also wage inflation […]
