Day: May 24, 2022
• Gold broke resistance level 1855.00• Likely to test resistance level 1900.00 Gold continues to rise after the earlier breakout of the resistance level 1855.00 (former support from the start of May) and the 50% Fibonacci correction of the downward impulse from last month. The breakout of the resistance level 1855.00 should accelerate the active […]
• GBPCHF under bearish pressure• Likely to fall to support level 1.1955 GBPCHF currency pair under the bearish pressure after the price broke below the key multi-month support level 1.2100 (lower boundary of the sideways price range from the start of March). The breakout of the support level 1.2100 continues the active impulse waves (iii), […]
Francis Suarez reminded people that volatility plays an equal role when the market is going up, but the concerns only come up during bear markets. 1250 Total views 22 Total shares Miami mayor Francis Suarez believes that Bitcoin (BTC) should be seen from an innovation perspective rather than just as an investment asset. Suarez’s comments […]
Moderna Inc. MRNA, -4.08% tweeted Monday afternoon that it is “investigating potential monkeypox vaccines at a preclinical level.” Several stocks of companies that are developing or have smallpox or monkeypox vaccines and treatments jumped in trading on Monday as more people have become aware of the cluster of cases in Europe. Moderna’s stock is down […]
Crypto exchange Bitbank revealed plans to establish JADAT, a crypto-specialized custodian, in partnership with Sumitomo Mitsui Trust Holdings. 578 Total views 38 Total shares In a new development for East Asia, Japanese crypto exchange Bitbank announced a partnership with financial holding company Sumitomo Mitsui Trust Holdings to establish Japan Digital Asset Trust (JADAT). According to […]
The home builder sector was suffering a unanimous selloff in morning trading Tuesday, after data showing new home sales surprisingly fell in April, and sharply, amid high prices, rising mortgage rates and low supply. The iShares U.S. Home Construction ETF ITB, -3.37% sank 3.4%, with all 47 equity components losing ground, while the SPDR S&P […]
Legislators in the lower house of Russia’s parliament also dropped the notion of a special register for mining operators. 873 Total views 26 Total shares In less than a month, the draft of a crypto mining bill in the Russian parliament has lost several key points, such as the obligation for mining operators to join […]
U.S. stocks opened lower Tuesday, slumping after disappointing results from Snapchat parent Snap Inc. sent tech-related shares skidding. The fall comes after stocks bounced sharply higher on Monday following a rout that took the S&P 500 SPX, -1.37% to the brink of a bear market on Friday. The Dow Jones Industrial Average DJIA, -0.51% was […]
Coinbase has added BNB Chain and Avalanche to its list of supported networks for the Coinbase Wallet, which will give traders far greater access to tokens that are not listed on the Coinbase exchange. 3021 Total views 10 Total shares America’s largest crypto exchange Coinbase has added the BNB Chain, formerly Binance Smart Chain, and […]
Abercrombie & Fitch Co. ANF, -4.43% shares sank 21.7% in Tuesday premarket trading after it swung to a first-quarter loss. The apparel retailer posted a net loss of $16.5 million, or 32 cents per share, after net income of $41.8 million, or 64 cents per share, last year. An adjusted loss of 27 cents per […]
