Day: June 30, 2022
The crypto sector is caught in a deep correction and recent reporting shows that a majority of altcoins are more than 70% down from their 2021 highs. Solana is on that list and investors are on the fence about whether the token has strong enough fundamentals to warrant buying Solana (SOL) at its current value. […]
U.S. stocks closed lower Thursday, ending the second quarter with steep losses that left the S&P 500 suffering its worst first half of a year since 1970. The Dow Jones Industrial Average DJIA, -0.82% fell around 250 points to close 0.8% lower, while the S&P 500 SPX, -0.88% dropped 0.9% and the Nasdaq Composite COMP, […]
USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is trading below the 200-day Moving Average, thus indicating a descending tendency. In this case, the pair is expected to test break 2/8 and continue falling towards the support at 0/8. However, this scenario may be cancelled if the price […]
Vancouver and Montreal – The Canadian Securities Administrators (CSA) is extending the comment period for its consultation paper on national standards for disclosing scientific and technical information about mineral projects. The comment period for CSA Consultation Paper 43-401 Consultation on National Instrument 43-101 Standards of Disclosure for Mineral Projects, originally scheduled to end July 13, […]
June 30, 2022 Washington, D.C. — The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Interactive Brokers LLC, a registered futures commission merchant, for failing to diligently supervise its employees’ handling of exchange fees charged to customers. The order requires Interactive Brokers to cease and desist from violating the […]
This Action Is CFTC’s Largest Fraud Scheme Case Involving Bitcoin June 30, 2022 Washington, D.C. — The Commodity Futures Trading Commission filed a civil enforcement action in the U.S. District Court for the Western District of Texas, charging Cornelius Johannes Steynberg of Stellenbosch, Western Cape, Republic of South Africa and Mirror Trading International Proprietary Limited […]
US Core PCE Up NextThe next key data focus for markets will be today’s US Core PCE data for May. On the back of Powell’s comments yesterday, where he downplayed recession fears and focused on the need to tame inflation, today’s data will be even more closely watched. With PCE the Fed’s preferred inflation input […]
Gazprom CollapsesShares in state-owned Russian energy company Gazprom plunged 35% today in response to the company cancelling its dividend payout to shareholders for the first time since 1998. Announcing the news, Deputy CEO Famil Sadygov said “The shareholders decided that in the current situation it is not advisable to pay dividends based on the 2021 […]
More than 80,000 Bitcoin (BTC) investors have had their millionaire status revoked due to the crypto market downturn, but lower prices mean the number of whole coiners is growing. Back on Nov. 12, just days after Bitcoin hit a new all-time high of around $69,000, a total of 108,886 BTC addresses reported a balance greater than $1 […]
Oil futures fell on Thursday to tally a loss for the month, but held on to a gain so far this year. The Organization of the Petroleum Exporting Countries and their allies, together known as OPEC+, confirmed an existing agreement to boost production in August. The decision either illustrates the group’s “inability to boost production […]
