Day: July 15, 2022
Stifel has cut eBay Inc.’s EBAY, +3.16% price target to $60 from $62 amid currency pressures and headwinds in the online marketplace’s international business. “We are leaving our 2Q estimates relatively unchanged, however, due to devaluations of international currencies our estimates decline slightly,” wrote Stifel analyst Scott Devitt, in a note. “Our 2Q GMV estimate […]
Ethereum network is nearing the merger phase of its crucial transition from proof-of-work (PoW) mining consensus to proof-of-stake (PoS). Ethereum (ETH) devs offered a perpetual merger date during a conference call on Thursday. The conference call saw core Ethereum developer Tim Beiko, who runs core protocol meetings, propose September 19 as the tentative target date for […]
The coronavirus pandemic has caused the biggest backslide in childhood vaccinations in about 30 years, the World Health Organization and Unicef said on Friday. “The percentage of children who received three doses of the vaccine against diphtheria, tetanus and pertussis (DTP3) – a marker for immunization coverage within and across countries – fell 5 percentage […]
AUDUSD is falling despite the rate expectations and statistics. The Australian Dollar is falling against the USD on Friday. The current quote for the instrument is 0.6726. The USD keeps attacking and it prevents the AUD from recovering, even considering strong statistics. The data published yesterday showed that Employment Change was 88.4K in June against […]
The BTC is rising on Friday and trading around $20,589. The major cryptocurrency has been recovering for the third consecutive trading session after plummeting to $18,905 on Wednesday. Market fluctuations were caused by the CPI data for June published by the US. Inflation rate showed 9.1% y/y, the highest reading in 41 years. Market expectations […]
According to Globant, 34% of gamers are interested in conducting crypto transactions in the Metaverse, while 16% have purchased NFTs in the past. Source: Cointelegraph
Senate Majority Leader Chuck Schumer has told senators to expect a preliminary vote next week on a slimmed-down China competition bill that would include $52 billion in incentives and an investment-tax credit for U.S. semiconductor SMH, +2.11% manufacturing, Bloomberg News and other outlets reported Thursday. Earlier this week the Biden administration encouraged Congress to focus […]
Type: Bullish Bounce Key Levels:Resistance: 0.81056Pivot: 0.80283Support: 0.79355 Preferred Case:On the H4, with prices moving above the ichimoku indicator and has broken out of the descending trendline, we have a bullish bias that price will rise from the pivot at 0.80283 where the pullback support is to the 1st resistance at 0.81056 in line with […]
USD: Balance of risks tilted to upside Global risk sentiment continues to be challenged by adverse developments across the world. The US banking earning season has kicked off on the wrong foot, China reported the weakest growth numbers (0.4% YoY, vs 1.2% expected) in more than two years, new Covid variants are boosting infection and […]
It now costs less to mine a single Bitcoin which could help to reverse the falling profitability trend while lowering power demands on the network. 1951 Total views 47 Total shares The cost of mining one Bitcoin (BTC) has fallen to ten-month lows as mining hardware becomes more efficient, and difficulty has dropped 6.7% since […]
