Day: May 26, 2022
Developing countries have more than double the amount of people positive that the Metaverse will impact their lives and they’d use it daily in comparison to developed countries. 992 Total views 31 Total shares Excitement for the Metaverse and virtual or augmented reality (VR/AR) is much greater in developing countries than in high-income countries according […]
Most senior officials at the Federal Reserve “judged” that 1/2-point increases in a key U.S. interest rate would “likely be appropriate at the next couple of meetings,” according to the minutes of the central bank’s last strategy session in early May. The bank raised the short-term fed funds rate by 50 basis points after the […]
USDJPY, “US Dollar vs. Japanese Yen” In the H4 chart, after breaking the 200-day Moving Average, USDJPY is trading below it to indicate a possible descending tendency. In this case, the price is expected to break 1/8 and then continue falling to reach the support at 0/8. However, this scenario may no longer be valid […]
Type: Bearish ReversalKey Levels:Resistance: 128.11Pivot: 127.65Support: 127.009Preferred Case:On the H4, with price moving below the Ichimoku cloud and the stochastic indicator moving in a downtrend channel, we have a bearish bias that prices will drop to our 1st support at 127.009 where the overlap support is from our pivot at 127.65 in line with horizontal […]
Type: Bullish BounceKey Levels:Resistance: 0.72608Pivot: 0.7051Support: 0.69483Preferred Case:On the H4, with price moving above the Ichimoku cloud and price breakout from the descending trendline, we have a bullish bias that price will rise to our 1st resistance at 0.72608 where the 50% Fibonacci retracement is from our pivot at 0.7051 in line with the horizontal […]
“This reorg is not an indicator of a flawed fork choice, but a non-trivial segmentation of updated vs out of date client software” suggested Core Ethereum developer Preston Van Loon. 1261 Total views 37 Total shares Ahead of the Merge tentatively penciled in for August, Ethereum’s Beacon Chain experienced a seven-block reorganization (reorg) yesterday. According […]
All three major U.S. stock benchmarks ended higher Wednesday, with the technology-laden Nasdaq Composite leading the way up as investors digested minutes of the Federal Reserve’s policy meeting in early May. The Dow Jones Industrial Average DJIA, +0.60% closed about 0.6% higher, while the S&P 500 SPX, +0.95% gained around 1% and the Nasdaq Composite […]
President Joe Biden on Wednesday said he and first lady Jill Biden “will be traveling to Texas in the coming days” to “hopefully bring some little comfort” to families affected by the school shooting in Uvalde, Texas. Biden also reiterated his call for gun reforms and called for the Senate to confirm his nominee for […]
The Biden White House on Wednesday touted new projections from the Congressional Budget Office, noting the CBO estimates that the deficit this year “will fall by $1.7 trillion — the single largest nominal reduction in the federal deficit in American history.” Shalanda Young, director of the White House’s budget office, said: “With that historic reduction, […]
