Day: May 19, 2022

May 19
Bitcoin trades in $29K ‘no man’s land’ as Tesla ESG fallout routs stocks

Tesla’s removal from the S&P 500 ESG Index adds to an already bearish trajectory while BTC/USD stays stuck below $30,000. Source: Cointelegraph

May 19
Facebook parent company Meta Platforms has plans to monetize WhatsApp

Facebook parent company Meta Platforms Inc. FB, -0.45% is adding commercial services to WhatsApp so businesses can build a custom dashboard to chat with customers and offer customer services. On Thursday, company CEO Mark Zuckerberg announced in a Facebook post the introduction of WhatsApp Cloud API, a cloud-based version of the WhatsApp Business API. The […]

May 19
DeFi-ing exploits: New Chainalysis tool tracks stolen crypto across multiple chains

Blockchain analytics firm Chainalysis introduced a new tool to help monitor transactions and tokens across DeFi protocols and multiple blockchains. 1465 Total views 63 Total shares Blockchain analytics firm Chainalysis has released a new tool to track transactions across decentralized finance (DeFi) protocols and multiple blockchains. Chainalysis launched a beta version of its Storyline software […]

May 19
Gold posts best daily gain in a month on Thursday

Gold futures bounced on Thursday as a selloff in stocks continued after a string of disappointing retailer earnings kept investors on edge about the effects of inflation on the economy. Gold futures GC00, +1.32% GCM22, +1.32% rose $25.30, or 1.4%, to settle at $1,841.20 an ounce, the best daily percentage rise for the most-active contract […]

May 19
Obatan LLC

The FCA published an alert in relation to Obatan LLC on 22 April 2022. That alert was removed on 16 May 2022. Obatan LLC is not authorised by the FCA. The FCA does not, on the information presently available to it, believe that Obatan LLC is carrying out activities in the UK for which it […]

May 19
Terra crash not a risk to the broader crypto ecosystem, says Huobi Global co-founder

Jun Du, co-founder of Huobi Global, told Cointelegraph that the Terra crash will slow down investor enthusiasm in the short term, but in the long term, the demand will recover. 3646 Total views 27 Total shares As the fall of Terra (LUNA) and TerraUSD (UST) may have a noticeable short-term impact on the decision-making of […]

May 19
Biden says Sweden, Finland have ‘full, total, complete’ U.S. support to join NATO

President Joe Biden on Thursday said Sweden and Finland have the “full, total, complete” backing of the U.S. as they seek to become the newest members of NATO. In remarks at the White House while flanked by Prime Minister Magdalena Andersson of Sweden and President Sauli Niinistö of Finland, Biden said he is sending the […]

May 19
The Aussie is looking for ways to rise. Overview for 19.05.2022

AUDUSD is slowly moving close to its local lows – the asset still hopes for a recovery.  The Australian Dollar is trying to rise against the USD on Thursday. the current quote for the instrument is 0.6966. The statistics published by Australia in the morning showed that the Unemployment Rate in the country dropped to […]

May 19
EURUSD remains nervous. Overview for 19.05.2022

EURUSD remains volatile; the asset is very sensitive to any changes in the market sentiment.  The major currency pair fixed within a sideways range on Thursday. the current quote for the instrument is 1.0482. The US economy is now getting real confirmation that an inflation boost might really damage its key elements and mechanisms. Quarterly […]

May 19
Flight from Risk Gains Momentum, Setting Stage for a Rally in Gold

The flight from risk assets becomes more apparent on growing concerns about global slowdown and even recession, in particular, markets appear to be pricing in that the US economy will not be able to carry out soft landing (lowering inflation while maintaining positive GDP growth) that the Fed pledged to deliver in spite of aggressive […]