Day: August 12, 2022
The team described the move as part of its efforts to balance the economy for the Smooth Love Potion token. 1242 Total views 6 Total shares Play-to-earn (P2E) blockchain game Axie Infinity (AXS) has completely removed the token rewards from its classic game mode to attract its users to a new game mode called Axie […]
U.S. stocks opened higher Friday, with investors continuing to weigh signs of easing inflation as all three major benchmarks head for potential weekly gains. The Dow Jones Industrial Average DJIA, +0.32% rose 0.4% soon after the opening bell, while the S&P 500 SPX, +0.57% gained 0.5% and the Nasdaq Composite COMP, +0.83% rose 0.7%, according […]
The US July inflation report, which showed a faster-than-expected slowdown in inflation, became the catalyst for a major rally in risk assets, especially in emerging markets. Investors took it as a factor that would ease pressure on the Fed to accelerate policy normalization. The key event today will be the release of the U. Michigan […]
Type: Bullish Rise Key Levels:Resistance: 27225Pivot: 24315Support: 22395 Preferred Case:On the H4, with price moving within a bullish channel as well as above the ichimoku indicator and RSI moving along an ascending trendline, we have a bullish bias that price will rise to our pivot at 24315 where the overlap resistance is. Once there is […]
Huobi co-founder Leon Li reportedly informed about his decision to other backers of the company in a July shareholders meeting. 239 Total views 3 Total shares Leon Li, the co-founder of global crypto exchange Huobi, is reportedly in talks to sell the majority of his stake in the company that could be valued at over […]
Honest Co. HNST, +0.26%, the Jessica Alba-backed company that makes clean baby, beauty, personal care and household products, posted a wider-than-expected loss for the second quarter on Friday, although revenue came in above estimates. The Los Angeles, Calif.-based company had a loss of $10.012 million, or 11 cents a share, for the quarter, after a […]
GBPUSD is keeping its positive momentum while the “greenback” remains weak. The Pound Sterling is looking good against the USD on Friday. The current quote for the instrument is 1.2178. In the morning, the United Kingdom released a great deal of numbers. Industrial Production lost 0.9% m/m in June after adding 1.3% m/m in the […]
EURUSD, “Euro vs US Dollar” EURUSD is falling to reach 1.0270. After that, the instrument may form one more ascending wave with the target at 1.0355, or even extend this structure up to 1.0400. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is trading downwards to reach 1.2158. Later, the market may form one more […]
In light of the recent Tornado Cash and frozen USDC addresses debacle, MakerDAO founder Rune Christensen is hoping to move DAI’s collateralization away from USDC. 1488 Total views 14 Total shares MakerDAO founder Rune Christensen has urged members of the decentralized autonomous organization (DAO) to “seriously consider” preparing for the depeg of its Dai (DAI) […]
Sanofi SNY, -3.94% SAN, +0.85% was upgraded to hold from sell at Deutsche Bank, after the heavy selling over the previous two days on worries about Zantac heartburn medication litigation. The first trial is set to begin on Aug. 22. “We think the Zantac knee-jerk is starting to look somewhat overdone. This doesn’t make for […]
