Day: June 21, 2022
Bitcoin S2F model gained a lot of popularity during the peak of the bull run, and even though there was criticism, most of it was ignored as the price seemed to follow the chart. 5114 Total views 19 Total shares Ethereum co-founder Vitalik Buterin has criticized the controversial Bitcoin (BTC) stock-to-flow (S2F) model, popularized by a pseudonymous Dutch […]
La-Z-Boy Inc. LZB, -1.98% shares rallied more than 11% in the extended session Tuesday after the furniture maker reported fiscal fourth-quarter earnings above Wall Street expectations and said it is focusing on its backlog and long lead times. La-Z-Boy said it earned $57.5 million, or $1.33 a share, compared with $37.5 million, or 81 cents […]
Bitcoin (BTC) is a tool for freedom and economic empowerment. For one young Zimbabwean, Ovidy, it turned his life around when he returned to his home country at the onset of the COVID-19 pandemic. An entrepreneur who first learned of Bitcoin while living in the United States, Ovidy has since built a business with Bitcoin […]
President Joe Biden on Tuesday said Chevron CVX, +4.19% CEO Michael Wirth seemed thin-skinned about criticism from the White House. Asked to comment on a letter in which the oil executive said the Biden administration has at times vilified the oil industry and called for the White House to change its approach, Biden replied: “He’s […]
EURUSD is awkwardly growing. The major currency pair is trying to keep its positive momentum on Tuesday. The current quote for the instrument is 1.0527. The macroeconomic calendar was empty early in the week: the US had a holiday; the Euro Area didn’t offer a lot of numbers. However, investors still had something to pay […]
Type:Bullish RiseKey Levels:Resistance: 951.1Pivot: 938.1Support: 927.5Preferred Case:On the H4, with price moving above the ichimoku cloud and along the ascending trendline, we have a bullish bias that price will rise from our pivot at 938.1 in line with the pullback support to the 1st resistance at 951.1 in line with the 61.8% fibonacci projection , […]
GBP Rallying Hard On Hawkish BOE CommentsGBP is on the move north this week amidst hawkish comments from key BOE members. Yesterday, BOE’s Mann said that the BOE’s failure to match the Fed’s aggression in terms of tightening had left the country vulnerable to further increases in inflation. Mann called on the need for greater […]
The price of CEL, the native token of Celsius Network, has almost quadrupled since June 19 in what appears to be a frenzy stirred up by day traders. CEL price short squeeze CEL’s price rose from $0.67 on June 19 to $1.59 on June 21, a 180% spike compared to the crypto market’s 12.37% rise […]
Department stores, like Nordstrom Inc. JWN, -0.65%, Macy’s Inc. M, +0.86%, Kohl’s Corp. KSS, +5.32% and Dillard’s Inc. DDS, +1.91% are at risk from what analysts call an “unprecedented” amount of merchandise. “First, retailers significantly overestimated consumer demand when it made inventory decisions for 2022,” UBS analysts led by Jay Sole said. “Second, consumer tastes […]
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