Day: April 27, 2022
The bill will now be carried with support to the Senate for passing before a final sign-off into law by Governor Hochul. 910 Total views 53 Total shares The New York State Assembly passed a bill late on Tuesday April 26 that would place a two-year ban on all new proof-of-work (PoW) cryptocurrency mining facilities […]
Oil futures rose Tuesday, with the U.S. benchmark finishing back above the $100-a-barrel threshold as China’s central bank said it would aim to assist small businesses and industries affected by COVID-19. Also, Germany said it would take steps aimed at replacing Russian oil supplies in coming days, news reports said. Russia will also halt natural-gas […]
Three cryptocurrency exchange-traded funds (ETFs) scheduled to launch on the Cboe Australia exchange today were delayed due to “checks” still being undertaken. 1129 Total views 23 Total shares The launch of Australia’s first three Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETF) scheduled for today, has been delayed as a result of further “checks” needing […]
Stocks dropped sharply Tuesday, with the Nasdaq Composite COMP, -3.95% posting its lowest finish since late 2020 ahead of earnings from tech giants Microsoft Corp. MSFT, -3.74% and Google parent Alphabet Inc. GOOG, -3.04%. The Dow Jones Industrial Average DJIA, -2.38% lost around 809 points, or 2.4%, to close near 33,240, according to preliminary figures, […]
GBPCAD Sells Off AgainThe GBPCAD breakdown trade highlighted recently has triggered with GBPCAD moving through the 1.6293 level support. With GBP under heavy selling pressure over fresh growth fears, the focus now is on a drop down to the target at 1.5899. Recent UK data confirmed the worst consumer confidence in 30 years as UK […]
Shares in US social media company Twitter are trading around 5% higher pre-market today following news that the company has approved Elon Musk’s $44 billion takeover bid. Following news of the successful bid, Musk tweeted on the deal saying: “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square […]
Optimism Foundation will launch a governance token called OP to govern protocol and network parameters, and incentivize adoption. 993 Total views 8 Total shares The Optimism Foundation has unveiled a new governance structure and token as part of its ongoing efforts to bring scalability and cost efficiency to Ethereum (ETH), the world’s largest smart contract […]
Shares of Skechers USA Inc. SKX, -4.66% rose more than 4% in the extended session Wednesday after the footwear retailer reported first-quarter earnings and sales above expectations, saying its wholesale business was strong. Skechers said it earned $121.2 million, or 77 cents a share, in the quarter, compared with $98.6 million, or 63 cents a […]
