Day: April 11, 2022
The Shark Tank star discussed Bitcoin, layer-1 cryptocurrencies and the future of crypto adoption in an exclusive interview with Cointelegraph. 4843 Total views 20 Total shares How does Bitcoin (BTC) mining incentivize green technology? What are the biggest barriers to crypto adoption among institutions? What’s next for stablecoin regulations? Cointelegraph business editor Sam Bourgi sat […]
The Dow Jones Transportation Average DJT, +0.39% bounced 97 points, or 0.7%, with 14 of 20 components gaining ground, to buck the selloff in the broader stock market. The rally comes after the Dow transports closed Friday at a six-month low, following a 13.4% plunge in eight days amid growing fears that rapidly deteriorating market […]
The shadow fork, which is intended to test the next phase of Ethereum’s configuration, has no impact on the existing mainnet. 634 Total views 27 Total shares Ethereum developers implemented the network’s first-ever “shadow fork” on Monday, marking an important milestone in the ongoing shift to a proof-of-stake (PoS) consensus. The shadow fork provides a […]
U.S. stock indexes closed sharply lower Monday, with technology and energy stocks leading the way down, as equities added to last week’s declines and Treasury yields marched higher. The Dow Jones Industrial Average DJIA, -1.19% shed about 412 points, or 1.2%, ending Monday near 34,309 and booking its worst daily percentage decline in more than […]
EURUSD, “Euro vs US Dollar” After completing the descending wave at 1.0836 along with the correction up to 1.0911, EURUSD is falling towards 1.0848 and may later consolidate there. If the price breaks this range to the upside, the instrument may start a new correction with the target at 1.0995. GBPUSD, “Great Britain Pound vs […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, EURUSD is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the price is expected to test 1/8, break it, and then continue falling to reach the support at 0/8. Still, this scenario may no longer […]
Because of rising heating demand, the price of natural gas in the United States is set to reach its highest level since 2008. On Monday, U.S. natural gas futures rose about 5%, putting the contract on track for its highest close in 13 years, on higher-than-expected heating demand and as much higher global gas prices […]
Type: Bearish ReversalKey Levels:Resistance: 239.15Pivot: 235.90Support: 230.05Preferred Case:We see the potential for a bearish dip from our pivot at 235.90 in line with 61.8% Fibonacci projection and 138.2% Fibonacci extension towards our 1st support at 230.05 in line with 38.2% Fibonacci retracement. Our bearish bias is supported by the stochastic indicator where price is trading […]
Type: Bearish DipKey Levels:Resistance: 2748Pivot: 2697Support: 2596Preferred Case:We see the potential for a bearish dip from our pivot at 2697 in line with 78.6% Fibonacci projection and 138.2% Fibonacci extension towards our 1st support at 2596 in line with 61.8% Fibonacci projection and 61.8% Fibonacci retracement. Our bearish bias is supported by price trading below […]
Oil futures fell on Monday, with global Brent prices settling under $100 a barrel for the first time since mid-March. Expectations for a decline in energy demand amid COVID-19 related shutdowns in China pressured prices, analysts said. West Texas Intermediate crude for May delivery CLK22, -3.65% fell $3.97, or 4%, to settle at $94.29 a […]
