Day: April 13, 2022

Apr 13
White House blasts Texas governor’s inspections of trucks at border, notes ‘significant disruptions’

The White House on Wednesday criticized Texas Gov. Greg Abbott’s decision to put in place extra inspections by state troopers of commercial trucks coming from Mexico. “Governor Abbott’s unnecessary and redundant inspections of trucks transiting ports of entry between Texas and Mexico are causing significant disruptions to the food and automobile supply chains, delaying manufacturing, […]

Apr 13
North Korea-obsessed Ethereum dev gets 5 years for breaking sanctions

Virgil Griffith, a former Ethereum developer, has been sentenced to 63 months in prison and will pay a fine of $100,000 for attending a conference and assisting North Korea to use blockchain technology in contravention of economic sanctions imposed by the United States. On Tuesday, U.S. District Judge Kevin Castel of the Southern District of New […]

Apr 13
Calvin Klein parent PVH sets $12.5 billion revenue goal, adds $1 billion to share buyback program

PVH Corp. PVH, +2.13% unveiled its multi-year strategy called the PVH+ Plan on Wednesday, ahead of the company’s investor day. The plan includes growth in digital, direct-to-consumer and the company’s two key brands, Calvin Klein and Tommy Hilfiger. PVH has set 2025 revenue target of $12.5 billion with free cash flow of over $1 billion, […]

Apr 13
The Kiwi improved. Overview for 13.04.2022

NZDUSD rose after the RBNZ’s decisions but couldn’t keep up.  The New Zealand Dollar rose pretty much against the USD in the morning but couldn’t keep the positive momentum later. The current quote for the instrument is 0.6788. During its April meeting, the Reserve Bank of New Zealand raised the benchmark interest rate by 50 […]

Apr 13
Decline in EURUSD continues. Overview for 13.04.2022

EURUSD remains weak and continues retreating. The major currency pair hit the lowest levels of the month. The current quote for the instrument is 1.0834. Yesterday’s key highlight was the CPI report from the US. The indicator showed 8.5% y/y in March after being 7.9% y/y in the previous month and against the expected reading […]

Apr 13
Corn Futures ( ZC1! ), H1 Potential for Bearish Reversal

Type: Bearish ReversalKey Levels:Resistance: 778’0Pivot: 772’6Support: 762’0Preferred Case:We see the potential for a bearish reversal from our pivot at 772’6 in line with 61.8% Fibonacci retracement towards our 1st support at 762’0 in line with 78.6% Fibonacci retracement and 100% Fibonacci projection. Our bearish bias is supported by the stochastic indicator where price is trading […]

Apr 13
Gold Futures , H4 | Potential For Further Bullish Continuation!

Type: Bullish BounceKey Levels:Resistance: 1975.4Pivot: 1952.8Support: 1943.0Preferred Case:Prices are on bullish continuation. We see the potential for further bullish continuation from our Pivot at 1952.8 in line graphical overlap and 38.2% Fibonacci retracement towards our 1st resistance at 1975.4 in line with 61.8% Fibonacci Projection . Prices trading above our Ichimoku cloud support.Alternative Scenario:If prices […]

Apr 13
‘Natural extension’: Sega’s Super Game project looking to add NFTs

“It is a natural extension for the future of gaming that it will expand to involve new areas such as cloud gaming and NFTs” said Sega producer Masayoshi Kikuchi. 1281 Total views 30 Total shares Japanese gaming giant Sega is looking at integrating cloud technology and NFTs as part of its new “Super Game” project […]

Apr 13
UPS stock slumps toward the longest losing streak in more than 4 years

Shares of United Parcel Service Inc. UPS, -1.55% fell 1.7% in afternoon trading toward a six-month low, putting them on track for the longest losing streak in more than four years. The package delivery giant’s stock has tumbled 15.7% over the past 10 sessions, all declines, which would be the longest stretch of losses since […]

Apr 13
Paris Blockchain Week, day 1: Latest updates from the Cointelegraph team on the ground

The first day of the year’s biggest blockchain event so far will see CZ, Nicolas Cary, Ken Timsit and many other significant figures on the stage. 260 Total views 2 Total shares Paris Blockchain Week Summit (PBWS), a flagship European blockchain conference hosted at Palais Brongniart in Paris, started on Wednesday with an all-star cast. […]