Day: August 1, 2022
Aave’s stablecoin approval drew wild reactions from the crypto community, with many comparing its fate to TerraUSD while defenders pointed out its overcollateralization. 773 Total views 46 Total shares Aave DAO, the governance body behind decentralized finance (DeFi) giant Aave, has voted practically unanimously to create an overcollateralized stablecoin called GHO. Aave Companies introduced the […]
Black Knight Inc. BKI, -0.84% said Monday that year-over-year home price growth in June dropped by nearly two percentage points, which the data analytics company said was the “greatest single-month slowdown on record” since at least the early 1970s. Black Knight said the slowdown to 17.3% annual home price growth in June from 19.3% was […]
Shares of Boeing Co. BA, +0.14% ran up 4.7% early Monday, to pace the Dow Jones Industrial Average’s DJIA, +0.97% premarket gainers, after the aerospace and defense giant reportedly cleared a hurdle with the Federal Aviation Administration (FAA) that could allow it to resume deliveries of its 787 airliner. The FAA said it would approve […]
EURUSD, “Euro vs US Dollar” EURUSD continues testing the bearish channel’s upside border. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may re-test the cloud’s upside border at 1.0175 and then resume moving upwards to reach 1.0405. Another signal in favour of a […]
Early in the week, EURUSD is consolidating and waiting for news. The major currency pair prefers to save strengths on Monday. The current quote for the instrument is 1.0222. The most anticipated and nervous event has already happened – the US FOMC raised its benchmark interest rate by 75 basis points, up to 2.25-2.5% last week. Investors […]
Luxury jewelry brand Tiffany & Co has announced the sale of 250 diamond and gemstone encrusted pendants for CryptoPunk nonfungible token (NFT) holders. The handcrafted CryptoPunk pendants were announced by the jewelry brand on Sunday on Twitter, and are priced at 30 Ether (ETH), equivalent to $50,600 each at the time of writing. We’re taking […]
Type: Bullish Breakout Key Levels:Resistance: 26097.86Pivot: 24267.52Support: 22482.7 Preferred Case:On the H4, with price moving within a bullish channel and above the ichimoku indicator, we have a bullish bias that price might rise to our pivot at 24267.52 where the pullback resistance is. Once there is upside confirmation of price breaking pivot structure, we would […]
Daily Market Outlook, August 1, 2022 Overnight Headlines Fed’s Kashkari: Fed Committed To Slowing Inflation To 2% Goal BoE Set To Consider Biggest Rate Rise For More Than 25 Years Biden’s Covid ‘Rebound’ Case Keeps Him At White House Again House Speaker Pelosi Begins Asia Tour, No Mention Of Taiwan Midterm Misery For Biden As […]
Blockchain games and NFT-related Metaverse projects “managed to sidestep the ensuing bear market” by posting transaction count increases of 9.5% and 27% respect… Source: Cointelegraph
The Central Bank of Ireland has engaged with financial services firms to reinforce its consumer protection expectations of all regulated firms that also operate as Direct Debit originators (DDOs). This follows a review of plans submitted from the financial services firms that are amongst the top 20 DDOs in Ireland, which set out the measures they […]
