Day: June 18, 2022
Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein. Source: Marketwatch
The bull market is gone and the reality of a long crypto winter is surely giving traders a bad case of the shivers. Bitcoin’s (BTC) price has fallen to lows not even the bears expected, and some investors are likely scratching their heads and wondering how BTC will come back from this epic decline. Prices […]
Shares of Roku Inc. ROKU, +4.89% are up more than 4% in premarket trading Friday after the streaming-media company announced a shopping-related partnership with Walmart Inc. WMT, -1.93%. The two companies said late Thursday that they are working “to make TV streaming the next e-commerce shopping destination” and have inked a partnership that will make […]
The cryptocurrency exchange is accused of failing to do due diligence, among other things, after users lost large sums as a result of the depegging of stablecoins. 8317 Total views 90 Total shares A class-action suit was filed against Coinbase on Thursday claiming the trading platform was negligent in its listing of the TerraUSD stablecoin […]
Redfin Corp. RDFN, +7.60% said Friday home offers written by its agents that faced competition declined to 57.8% in May, the lowest level since February 2021. That was down from 60.9% in April and from a post-pandemic peak of 68.8% a year ago. The online real estate services platform said the number of bids that […]
Citing an insider scoop, Autism Capital claimed that Abracadabra accrued $12 million in bad debt as a direct result of Terra’s sudden downfall, which has been refuted by founder Daniele Sestagalli. 8916 Total views 99 Total shares Magic Internet Money (MIM), a US dollar-pegged stablecoin of the Abracadabra ecosystem, joins the growing list of tokens […]
Consumers searching for the best deal will be comparison shopping next month as both Amazon.com Inc. AMZN, +2.47% and Target Corp. TGT, -2.51% will be hosting overlapping events. Target announced the return of its Deal Days event July 11 through July 13, with food, Apple AAPL, +1.15% products, home items and more to be discounted. […]
Bitcoin (BTC) achieved a bear market first on June 18 as BTC price action gave up $20,000 support. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price crosses under 2017 all-time high Data from Cointelegraph Markets Pro and TradingView confirmed BTC/USD sliding under $20,000 for the first time since December 2020, reaching press-time lows of $19,066. […]
The Food and Drug Administration announced Friday that it authorized the COVID-19 vaccines developed by BioNTech SE BNTX, -3.10% /Pfizer Inc. PFE, -2.00% and Moderna Inc. MRNA, +5.74% for children as young as six months old. The regulator said Moderna’s two-dose vaccine is now authorized for children between the ages of 6 months old and […]
Type: Bullish BounceKey Levels:Resistance: 1.77885Pivot: 1.75263Support: 1.74422Preferred Case:On the H4, with price moving above the ichimoku cloud and price recently breaking the descending trendline, we have a bullish bias that price will rise from the pivot at 1.75263 in line with the overlap support, 50% fibonacci retracement and 61.8% fibonacci projection , to the 1st […]
