Day: May 3, 2022

May 03
Market Spotlight: First RBA Rate Hike Over A Decade

Aussie Bid Following RBA Rate HikeThe Australian Dollar has been in the spotlight today following the May RBA meeting overnight. The RBA took the historic move of hiking rates by 0.25% lows off their prior 0.10% level, taking the headline cash rate there up to 0.35%. The move marks the first such rate increase in […]

May 03
Platinum Wave Analysis – 3 May, 2022

• Platinum reversed from support zone• Likely to rise to resistance level 960.00 Platinum recently reversed up strongly from the powerful long-term support level 900.00 (which has been reversing the price from last September), standing near the lower daily Bollinger Band. The upward reversal from support level 900.00 stopped the previous short-term impulse wave 3 […]

May 03
CADCHF Wave Analysis – 3 May, 2022

• CADCHF reversed from resistance level 0.7620• Likely to fall to support level 0.7535 CADCHF currency pair today reversed down from the key resistance level 0.7620, standing near the upper daily Bollinger Band and the resistance trendline of the daily up channel from February. The downward reversal from resistance level 0.7620 stopped the previous short-term […]

May 03
Solana developers share 3 key mitigation steps to make the network robust

Developers have suggested changing Solana’s current data transfer protocol UDP to QUIC, stake-weighted transaction processing and a fee-based transaction priority. 1615 Total views 30 Total shares The Solana network faced its seventh outage on Saturday, resulting in a downtime of over seven hours. The developer team has released an outage report, along with three key mitigation steps […]

May 03
Roe draft opinion authentic says Chief Justice Roberts as he orders leak investigation

A draft opinion of a pending Supreme Court abortion-rights decision is authentic, said Chief Justice John Roberts in a statement on Tuesday, as he ordered an investigation into how the document was leaked. Late Monday, Politico published a draft majority opinion showing that the high court intends to strike down the landmark Roe v. Wade […]

May 03
ApeCoin integrates with Polygon amid NFT mint backlash and speculation

ApeCoin DAO board member Yat Siu said that there is currently “no discussion” regarding an exclusive chain for APE. 1596 Total views 55 Total shares ApeCoin (APE) announced its integration with Ethereum (ETH) sidechain Polygon after the recent Yuga Labs’ Otherdeeds nonfungible token (NFT) minting incident that led to speculation on a new chain for […]

May 03
Petco partners with Backcountry for outdoor pet collection

Petco Health & Wellness Co. Inc. WOOF, +0.37% has partnered with outdoor retailer Backcountry to launch a line of pet items, including travel gear, apparel and accessories, for outdoor enthusiasts. Backcountry Chief Executive Melanie Cox said in a statement that 84% of the company’s customers have pets. Pet adoption soared during the pandemic. Petco stock […]

May 03
EU Commission report suggests rethink of regulatory approach to DeFi

The report highlights the DeFi’s potential for lower financial audit costs and substantial opportunities for financial integration across borders 183 Total views 1 Total shares Analysts from the European Commission showed an unexpected understanding of how decentralized finances (DeFi) actually function, having defined it as something different from the traditional financial system and acknowledged that […]

May 03
DocuSign’s ‘hyper growth story is essentially over,’ Wedbush says in downgrade

Shares of DocuSign Inc. DOCU, +5.96% were off more than 4% in premarket trading Tuesday after Wedbush analyst Dan Ives cut his rating on the e-signature stock to underperform from neutral, citing a more challenging landscape for a company that was a big winner early in the pandemic. “[W]e believe the company is seeing a […]

May 03
Coronavirus tally: New York City averaging 2,654 cases a day, raises COVID risk level to medium

New York City is averaging 2,654 COVID cases a day, up 17% from two weeks ago, according to a New York Times tracker, a day after the city raised its COVID alert level to medium from low, signaling that cases are rising at an undesirably fast pace. In early March, the city was averaging about […]