Day: August 5, 2022

Aug 05
FCA appoints new Director of International

The FCA has appointed Ruairi O’Connell, OBE, as the new Director of International. Ruairi will join the FCA from the Home Office where he is Director, International. Ruairi has extensive experience in both the Home Office and the Foreign Office, including as British Ambassador to Kosovo. He will be responsible for helping to shape the FCA’s […]

Aug 05
FCA fines Sir Christopher Gent for disclosing inside information

The Financial Conduct Authority has fined Sir Christopher Gent, former non-executive Chairman of ConvaTec Group Plc, £80,000 for unlawfully disclosing inside information. While Chairman, Sir Christopher disclosed inside information to individuals in senior positions at two of ConvaTec’s major shareholders before this information had been announced properly to the market. The disclosures concerned an expected […]

Aug 05
July NFP Preview: “Bad News is Good News” Reaction is Highly Likely

The dollar retreated 2% from yearly highs and appears to be primed for a rally which could be triggered by the labor market report. However, the reaction of the US currency may prove to be asymmetrical – if Payrolls disappoint, the correction is likely to be shallow and short in time on the back of […]

Aug 05
DAX Futures (FDAX1!), H4 Potential For Bullish Rise

Type: Bullish Rise Key Levels:Resistance: 14222Pivot: 13674Support: 13341 Preferred Case:On the H4, with prices moving along an ascending trendline and above the ichimoku indicator, we have a bullish bias that price will rise to the pivot at 13674 where the pullback resistance is. Once there is upside confirmation of price breaking pivot structure, we would […]

Aug 05
Experts find private keys on Slope servers, still puzzled over access

Blockchain analysis firms involved in the Solana exploit investigation unpack the latest developments as teams try to figure out how private keys were stolen. 1177 Total views 28 Total shares Blockchain auditing firms are still trying to figure out how hackers gained access to about 8,000 private keys used to drain Solana-based wallets.  Investigations are […]

Aug 05
Canopy Growth swings to big loss as revenue falls 19%

Canopy Growth Corp. CGC, -7.09% WEED, -4.34% shares fell 6% in premarket trades Friday after the company said it lost C$2.08 billion ($1.61 billion), or $5.23 a share in its fiscal first quarter, compared to a profit of C$392.42 million, or C$1.02 a share, in the year-ago period. The loss was driven by a non-cash, […]

Aug 05
Binance Card users now have access to XRP, SHIB and AVAX

Binance Card owners now have access to 14 supported cryptocurrencies, including XRP, AVAX and SHIB, among others. 196 Total views 14 Total shares Binance announced on Friday that its Binance Card now supports three new altcoins. Card users now have the possibility to access their holdings of Ripple (XRP), Shiba Inu (SHIB) and Avalanche (AVAX).  […]

Aug 05
Goodyear Tire stock jumps nearly 5% after profit, sales rises above expectations

Shares of Goodyear Tire & Rubber Co. GT, -1.18% jumped 4.9% toward a two-month high in premarket trading Friday, after the tire maker reported second-quarter profit and sales that rose above expectations. The upbeat results were a welcome relief to investors, as the stock tumbled 9.5% the day first-quarter results were reported, and 27.4% after […]

Aug 05
The cryptocurrency market digest (BTC). Overview for 05.08.2022

After several failed attempts, the BTC is trying to rise once again. As a result, major crypto has been “in the red” for seven consecutive trading sessions, and here’s another attempt to correct that. On Friday, the BTC is looking rather neutral and trading at $23,244. The struggle between bulls and bears continues as they […]

Aug 05
The Pound is busy consolidating. Overview for 05.08.2022

GBPUSD priced in the decisions of the Bank of England, but barely moved anywhere. The Pound Sterling is balancing against the USD after the August meeting of the British regulator. The current quote for the instrument is 1.2164. The Bank of England had another meeting yesterday and raised the benchmark interest rate to 1.75% (+50 […]