Day: April 13, 2022
Major stock indexes erased gains to turn south in afternoon trade, on track for their biggest downside reversals in more than a month. The Dow Jones Industrial Average DJIA, -0.26% was down 53 points, or 0.2%, at 34,256 after rising 362 points, or 1.1%, at its session high. A close in negative territory would mark […]
Pantera Capital CEO Dan Morehead expects the $1.3 billion blockchain fund to close over the next “three or four weeks” once the due diligence from large institutions has been wrapped up. 1460 Total views 18 Total shares Crypto hedge fund giant Pantera Capital is set to close a blockchain fund next month that is backed […]
Stocks recorded their biggest blown lead in more than a month on Tuesday, as investors debated if the latest rise in the consumer price index could mean peak inflation. The Dow Jones Industrial Average fell around 88 points, or 0.3%, to close near 34,220, according to preliminary figures, after rising 362 points, or 1.1%, at […]
Type: Bullish BounceKey Levels:Resistance: 25.590Pivot: 25.125Support: 24.965Preferred Case:Prices are on bullish momentum. We see the potential for a bounce from our Pivot at 25.125 which is a graphical overlap and 38.2% Fibonacci retracement towards our 1st resistance at 25.590 and graphical swing high. Prices are trading above our Ichimoku clouds , further supporting our bullish […]
Risk Appetite Weakens Amidst Fresh Ukraine FearsGlobal equities indices have come back under pressure this week amidst the ongoing softening in risk appetite. Investors have been shocked and concerned over recent news regarding the Russia-Ukraine conflict. News of mass civilian murders in various parts of Ukraine, as well as the more recent news this week […]
Chris Dixon has topped the Forbes “Midas List” as the most successful venture capital investor in 2022. 223 Total views 2 Total shares Crypto venture capital firms have been investing at unprecedented rates recently and Andreessen Horowitz is one of the industry’s leaders making huge returns on their investments. Andreessen Horowitz (a16z) general partner Chris […]
PayPal Holdings Inc. PYPL, -1.42% on Tuesday said its chief financial officer, John Rainey, is leaving after nearly seven years for the same role at Walmart Inc. WMT, -0.69%. Rainey will stay with PayPal until late May. PayPal’s board approved the appointment of Gabrielle Rabinovitch, senior vice president, corporate finance and investor relations, as interim […]
Payment services providers have also cut ties with major crypto exchanges despite having the same rate for gambling and fantasy sports platforms. 3305 Total views 33 Total shares Fresh data on Indian crypto exchanges’ trading volume reveals a significant decline in trading practices among Indians just ten days after the tax rule implementation. India’s new […]
Walmart Inc. WMT, -0.69% said late Tuesday it has named John Rainey as its chief financial officer, effective June 6. Rainey joins Walmart from PayPal Holdings Inc. PYPL, -1.42%, which announced his departure as CFO also on Tuesday. Before PayPal, Rainey was the CFO of United Airlines. “I’m excited and humbled to join such an […]
