Day: June 17, 2022

Jun 17
Maker cuts off Aave’s DAI supply as fallout from Celsius continues

The MakerDAO decided to cut off Aave from its direct deposit module as a safeguard in light of the possibility that Celsius folds and crashes the price of stETH. 2583 Total views 22 Total shares MakerDAO has voted to cut off lending platform Aave’s ability to generate DAI for its lending pool without collateral as […]

Jun 17
White House says it’s encouraging Florida to pre-order COVID vaccines for youngest kids

White House press secretary Karine Jean-Pierre on Thursday said the Biden administration is encouraging officials in Florida to pre-order COVID-19 vaccines for the youngest children, after a reporter asked about Florida being the only U.S. state not to pre-order. “We encouraged Florida on several occasions to order vaccines, so we’ve been aware of this, and […]

Jun 17
72 of the top 100 coins have fallen 90% or more: Here are the holdouts

According to price data from CoinGecko compiled by CoinGoLive, the current bear market has seen a whopping 72 out of top-100 tokens fall more than 90% from their all-time highs. The larger cap coins are faring better than most. Among the top ten cryptocurrencies by market cap, nine have dipped less than 90% during the […]

Jun 17
Gold futures book back-to-back session gains

Gold futures ended higher on Thursday for a second straight session, extending a rebound from the more than one-month low prices settled at earlier this week. A decline in the U.S. stock market amid concerns about the economic outlook in the wake of the Federal Reserve’s largest interest-rate hike since 1994, helped provide support for […]

Jun 17
AT&T stock heads for longest losing streak since 2020

Shares of AT&T Inc. T, -2.47% are down 3.4% in Thursday afternoon trading and on track to log a decline for the seventh-straight trading session. That would mark the stock’s longest losing streak since the 10-session stretch that ended Oct. 21, 2020, according to Dow Jones Market Data. AT&T shares have lost 11.0% in the […]

Jun 17
GOLD FUTURES (GOLD1!), H1 Potential For Bearish Drop

Type: Bearish MomentumKey Levels:Resistance: 51158Pivot: 50742Support: 50157Preferred Case:On the H1, price is moving below the ichimoku cloud which supports our bearish bias that price will drop from our pivot at 50742 in line with the swing high resistance and 38.2% fibonacci retracement to the 1st support at 50157 in line with the swing low support.Alternative […]

Jun 17
RICE FUTURES (ZR1!), H1 Potential For Bearish Momentum

Type: Bearish MomentumKey Levels:Resistance: 16.715Pivot: 16.570Support: 16.105Preferred Case:On the H1, with price moving below the ichimoku indicator and within the descending channel , we have a bearish bias that price will rise to and drop from our pivot at 16.570 in line with the swing high resistance to the 1st support at 16.105 in line […]

Jun 17
Resistance is futile! 3 reasons why Bitcoin mining will never go away

Numerous governments have tried to ban Bitcoin mining, but data and insights from those in the mining industry suggest that this is easier said than done. Source: Cointelegraph

Jun 17
Dow falls 740 points to end below 30,000 as recession fears sink stocks

Stocks fell sharply Thursday, more than erasing a bounce that followed the Federal Reserve’s 75 basis point rate hike in the previous session, with analysts citing intensifying recession fears as global central banks aggressively tighten monetary policy. The Dow Jones Industrial Average DJIA, -2.42% dropped around 739 points, or 2.4%, to end near 29,929, according […]