Day: June 2, 2022

Jun 02
CFTC Charges Gemini Trust Company for Making Material False or Misleading Statements and Omissions to the Commission

Washington, D.C. — The Commodity Futures Trading Commission today announced it has filed a complaint in the U.S. District Court for the Southern District of New York against Gemini Trust Company, LLC (Gemini), based in New York, N.Y., for making false or misleading statements of material facts or omitting to state material facts to the […]

Jun 02
Investors’ perception of crypto is changing for the better: Economist survey

Investors see cryptocurrencies as increasingly useful as the portfolio diversifies, according to an Economist report on consumer trust in digital currencies. 2425 Total views 97 Total shares A report published by The Economist paints a bright future for cryptocurrency adoption, with survey respondents anticipating growing demand in the near future. Economist Impact published the findings of […]

Jun 02
Kohl’s stock bounces around after conflicting reports on sale

Shares of Kohl’s Corp. KSS, +2.44% fell more than 10% in the extended session Thursday after the New York Post reported that the retailerpushed back this week’s deadline for bids after several potential buyers abandoned the idea, then reversed to gains of more than 6% after a conflicting report from The Wall Street Journal. The […]

Jun 02
$32K Bitcoin price could turn the tides in Friday’s $160M BTC options expiry

Twenty-three agonizing days have passed since Bitcoin (BTC) last closed above $32,000 and the 10% rally that took place on May 29 and 30 is currently evaporating as BTC price retraces toward $30,000. The move back to $30,000 simply confirms the strong correlation to traditional assets and in the same period, the S&P 500 also […]

Jun 02
Kohl’s stock falls more than 10% after report that sale bids fell through

Shares of Kohl’s Corp. KSS, +2.44% fell more than 10% in the extended session Thursday after the New York Post reported that the retailerpushed back this week’s deadline for bids after several potential buyers abandoned the idea. The report cited “multiple sources” familiar with the matter. Kohl’s two weeks ago reported a wide profit miss […]

Jun 02
Watch Out for Fake COVID-19 Claims When Investing — Investor Alert

Investors should be aware that false statements may be made — including in company press releases, promotional materials, and social media posts — about a company offering or developing products that prevent, detect, or treat COVID-19, in order to inflate the value of a company’s stock.  Fraudulent stock promotions of these companies also may be […]

Jun 02
CFTC sues Gemini claiming crypto exchange lied in futures contract evaluation

The agency says the exchange gave false information in person and in documents in its 2017 bid to be among the first to offer Bitcoin futures contracts. 587 Total views 35 Total shares The United States Commodity Futures Trading Commission (CFTC) filed suit against Gemini Trust Co. in the U.S. Southern District Court of New […]

Jun 02
COVID vaccinations for children under 5 could start as early as June 21, Biden official says

Children under five years old could begin to receive vaccinations against COVID-19 as early as June 21, a top Biden administration official said Thursday. Dr. Ashish Jha, the White House’s COVID response coordinator, told reporters at a briefing: “We expect that vaccinations will begin in earnest as early as Tuesday, June 21, and really roll […]

Jun 02
Forex Technical Analysis & Forecast 02.06.2022

EURUSD, “Euro vs US Dollar” Having completed the descending impulse at 1.0650, EURUSD is forming a new consolidation range there. If later the price breaks the range to the downside, the market may resume moving within the downtrend with the short-term target at 1.0555. GBPUSD, “Great Britain Pound vs US Dollar” After finishing the descending […]

Jun 02
Murrey Math Lines 02.06.2022 (USDCHF, GOLD)

USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is trading below the 200-day Moving Average to indicate a possible descending tendency. In this case, the pair is expected to rebound from 3/8 and then resume falling to reach the support at 1/8. However, this scenario may be cancelled […]