Day: July 25, 2022

Jul 25
NFT utility to remedy ticketing dilemmas? Experts weigh-in

The 2022 Champions League final will have a checkered position in the competition’s history book. Real Madrid emerged victorious over Liverpool inside the Stade de France, but the pandemonium outside the stadium before kick-off highlights the need for innovative solutions to events ticketing. Counterfeit tickets played a massive role in the chaotic scenes that played […]

Jul 25
Grill maker Weber sinks in premarket trading after sales warning and CEO departure

Weber Inc. WEBR, -19.85% stock sank 18.8% in Monday premarket trading after the grill maker issued a sales warning for its third quarter and announced the departure of its chief executive, Chris Scherzinger. Preliminary quarterly results show sales of $525 million to $530 million with performance under pressure from factors like inflation, fuel prices and […]

Jul 25
Tether, Bitfinex, Hypercore collab to launch encrypted P2P apps

The trio launched Holepunch with a vision to bestow control over data while breaking technology monopolies, among others. 794 Total views 49 Total shares Staying true to the “bear market is for building” motto, crypto exchange Bitfinex along with Tether (USDT) and Hypercore announced the launch of a fully encrypted platform, Holepunch, for building peer-to-peer […]

Jul 25
Elon Musk denies alleged affair with Google co-founder Sergey Brin’s wife as ‘total bs’

Telsa Inc. TSLA, +0.20% Chief Executive Elon Musk took to Twitter late Sunday to deny a report that he had fallen out with Google GOOGL, -5.63% GOOG, -5.81% co-founder Sergey Brin after engaging in a brief affair with Brin’s wife last fall. The report in the Wall Street Journal indicated the alleged affair caused Brin […]

Jul 25
Ichimoku Cloud Analysis 25.07.2022 (GBPUSD, BRENT, USDJPY)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing Tenkan-Sen and Kijun-Sen. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.1935 and then resume moving upwards to reach 1.2235. Another signal in favour of a […]

Jul 25
Japanese Candlesticks Analysis 25.07.2022 (USDCAD, AUDUSD, USDCHF)

USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming several reversal patterns close to the support level, such as Doji and Hammer, USDCAD may reverse in the form of another ascending impulse. In this case, the upside target may be the resistance area at 1.3070. Later, the market […]

Jul 25
Thai SEC launches digital hotline for Zipmex users

The investors affected by Zipmex’s withdrawals’ pause can submit information about their losses via an online forum on the Thai SEC’s official website. 405 Total views 4 Total shares In the aftermath of the Thai cryptocurrency exchange Zipmex stopping withdrawals last week, local financial regulators are stepping in to look into potential losses by investors. […]

Jul 25
Voyager rejects Alameda buyout offer, as it ‘harms customers’

Centralized crypto lender Voyager Digital Holdings has rejected an offer from FTX and its investment arm Alameda Ventures to buy out its digital assets on the grounds that the actions “are not value-maximizing” and potentially “harms customers.” In a rejection letter filed in court on Sunday as part of its ongoing bankruptcy proceedings, Voyager’s lawyers […]

Jul 25
Higher real income growth, reduced spending and precautionary savings contributed to significant increase in Irish household deposits during the pandemic

Central Bank Economic Letter finds that, while household deposits increased across all euro-area countries during the pandemic, Irish deposit growth was among the highest, exceeded only by Baltic countries. Unlike Ireland, these countries had very high pre-pandemic deposit growth, marking the Irish experience as exceptional. While the virus and related restrictions reduced spending, a higher […]

Jul 25
Challenges and opportunities for a financial services ecosystem in transition – Makhlouf

Governor of the Central Bank of Ireland Gabriel Makhlouf spoke this afternoon about current trends in the Irish, German and Eurozone economies, as well as opportunities and challenges in the financial system at an event hosted by the Consulate General of Ireland and IHK Frankfurt, in partnership with Verband der Auslandsbanken in Frankfurt, Europa Union […]