Oil futures settled lower on Monday, as lackluster import data from China and the conclusion of the Communist party’s national congress helped to dull expectations for energy demand from the world’s second largest oil consumer. U.S. benchmark West Texas Intermediate crude for December delivery CLZ22, -0.28% fell 47 cents, or nearly 0.6%, to settle at […]
FTX founder Sam Bankman-Fried said the exchange won’t be “making a habit of compensating” users that are “phished by fake versions of other companies.” 3095 Total views 47 Total shares Cryptocurrency exchange FTX will provide around $6 million in compensation to victims of a phishing scam that allowed hackers to conduct unauthorized trades on certain […]
NZDUSD, “New Zealand Dollar vs US Dollar” The pair us pushing off the resistance level, going under the Ichimoku Cloud, which means it is in an uptrend. A test of the signal lines of the indicator at 0.5715 is expected, followed by growth to 0.5925. An additional signal confirming the growth will be a bounce […]
EURUSD, “Euro vs US Dollar” The pair performer a wave of decline to 0.970, then demonstrated an impulse of growth to 0.9823. Today a consolidation range is forming around this level. Another link of growth to 0.9942 is expected, followed by a decline to 0.9823. GBPUSD, “Great Britain Pound vs US Dollar” The pair performed […]
Bitcoin (BTC) waited for cues at the Oct. 24 Wall Street open as expectations of a breakout ran high. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hang Seng drops most since 2008 Data from Cointelegraph Markets Pro and TradingView tracked a mundane trading day for BTC/USD after the pair hit weekly highs of $19,700 overnight. […]
U.S. stocks opened higher on Monday after a volatile night of trading for futures as investors continued to react to shifting expectations about the future pace of Federal Reserve rate hikes. The S&P 500 SPX, +0.77% rose 12 points, or 0.3%, to 3,763. The Dow Jones Industrial Average DJIA, +1.04% gained 184 points, or 0.6%, […]
Shares of Vaxcyte Inc. PCVX, +70.17% soared 46.7% in premarket trading on Monday after the company said its experimental 24-valent pneumococcal conjugate vaccine met the primary endpoint in a Phase 1/2 clinical proof-of-concept study. The vaccine was tested in healthy adults. The company said it plans to advance its vaccine candidate into Phase 3 clinical […]
Shares of Chesapeake Energy Corp. CHK, +0.85% edged up 0.1% in morning trading Monday, after S&P Global Ratings raised its rating on the oil and gas exploration company’s credit, citing a “favorable operational and financial track record” since merging from bankruptcy early last year. The rating moved up one notch to BB from BB-, but […]
Do’s and Don’ts of Crypto Trading DO’S Manage your risks Some people offering crypto trading tips might not have your best interests at heart. So don’t get stung making the same mistakes as others. Use stop loss orders to help minimize your losses when there are sell-offs Set Prices Setting prices when you are prepared to […]
Bitcoin (BTC) starts the last week of “Uptober” in a firmly average mood as the trading range to end all trading ranges continues to stick. After a welcome attempt to break out, BTC/USD remains bound to a narrow corridor now in place for weeks. Some of the lowest volatility in history means that Bitcoin has […]