Day: June 10, 2022
COVID cases are spreading fastest in three key warm-weather tourist destinations in the U.S.,the New York Times reported Friday. Miami-Dade County in Florida, Honolulu County in Hawaii and San Juan in Puerto Rico are current averaging at least 85 new cases a day per 100,000 residents and positivity rates exceed 20%, the paper reported from […]
Two Bitcoin miners have told Cointelegraph that if the bill banning proof-of-work (PoW) mining for two years in New York becomes law, it would end up triggering an exodus of mining companies from the state and do little to address the intended goals of the moratorium. GEM Mining CEO John Warren told Cointelegraph on Wednesday […]
The U.S.-listed shares of Credit Suisse Group AG CS, -5.09% CSGN, -3.32% shed 4.0% in afternoon trading Thursday, after The Wall Street Journal reported that State Street Corp. STT, -1.30% said it was not pursuing an acquisition of, or any business combination with, the Switzerland-based bank. State Street said there was no basis to the […]
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the bullish channel’s downside border. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen and Kijun-Sen at 1.0665 and then resume moving downwards to reach 1.0435. Another signal in favour of a […]
EURUSD took a huge hit after the ECB meeting. The major currency pair dropped to its 2-week lows. The current quote for the instrument is 1.0619. The EUR was attacked from two fronts at the same time – the rally in US bond yields and the decisions made by the European Central Bank. The “greenback” […]
June ECB Meeting Up NextThe key data focus for traders today will be the June ECB meeting. Hawkish expectations are already elevated ahead of the meeting with the market looking for the bank to announce an end to asset purchases along with giving a clear signal that a July rate hike is coming. With EUR […]
Type: Bullish RiseKey Levels:Resistance: 1891.47 Pivot: 1838.042Support: 1829.137Preferred Case:On the H4, with price moving in the ascending trendline and entering the bullish pressure area on the MACD indicator, we have a bullish bias that price will rise from the pivot at 1838.042 at the swing low to the 1st resistance at 1891.47 in line with […]
The adoption of Bitcoin (BTC) could occur more rapidly than the adoption of past disruptive technologies such as automobiles and electric power, with global take-up likely to hit 10% by 2030 according to a new report. In its June 8 report, Blockware Intelligence said it arrived at this forecast by examining historical adoption curves for […]
Oatly Group AB OTLY, -5.09% said Thursday that it has added five heavy-duty electric trucks to its fleet in the U.S. The plant-based dairy company has had electric vehicles in use in Europe since 2020. The company’s goal is to move entirely to sustainable ground transportation by 2029. Oatly is working with its European partner […]
Bloomberg Terminal has increased its coverage to 50 crypto assets to give its institutional investor client base better data about movements within the market. 633 Total views 24 Total shares Financial and technical information platform Bloomberg has vastly expanded its coverage of crypto markets after a decision to include data on the top 50 crypto […]
