Day: April 10, 2022
It is hard to resist the vision spun to us by Meta (formerly Facebook) and other virtual world platforms. A digital utopia that can transform lives in multiple ways — whether how we socialize, work or even stay healthy — is a hard one to refuse. This is especially true when considering that these platforms […]
The markets’ focus next week should continue to remain on commodity prices, disruptions in trade and supply of commodities. The inflation they generate is difficult to manage by Central Banks of developed countries, as it can only be suppressed by destruction of consumer demand, which is fraught with even greater economic and political troubles.A good […]
The United Nations Climate Change Conference of November 2021, known as COP26, in Glasgow, Scotland urged the world to commit to curbing contributions to carbon emissions. Achieving a net-zero world in less than 30 years is causing many to turn to blockchain technology, buy carbon offsets, and spark renewed interest in carbon capture. The United […]
Bitcoin (BTC) headed toward $42,000 on April 9 after bulls failed to spark a late-week turnaround. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin lines up 10% weekly red candle Data from Cointelegraph Markets Pro and TradingView showed BTC/USD slowly dissolving support levels in place for several weeks as the weekend began. After multiple tests of […]
Solana market grapples with multiple bearish setups if it breaks below its key 50-week moving average. 8941 Total views 36 Total shares Solana (SOL) risks crashing 35% in the coming days as it comes closer to painting a so-called “megaphone” pattern. SOL price “megaphone” pattern In detail, megaphone setups consist of a minimum of lower […]
U.S. ports could see another cargo surge in the summer after spending recent months catching up to the backlog caused by COVID-related disruptions, according to the latest from the National Retail Federation and maritime advisory services provider Hackett Associates. “Congestion at West Coast ports has eased, but congestion at some East Coast ports is growing,” […]
The daily average for new COVID-19 cases ticked lower, to snap a three-day streak of increases, while hospitalizations and deaths continue to fall. The seven-day average of cases was 29,429 on Thursday, according to a New York Time tracker, after rising by 2,652 a day over the previous three days, but the average was still […]
Shares of LXP Industrial Trust LXP, -14.14% dropped 6.6% in premarket trading Friday, after the real estate investment trust, focused on single-tenant warehouse and distribution investments, said it has decided to suspend its evaluation of strategic alternatives, which included a possible sale or merger. The company said discussions with a “wide array” of investors affirmed […]
