Day: October 24, 2022

Oct 24
Oil prices settle lower, pressured by worries over Chinese demand; natural-gas prices rebound

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 […]

Oct 24
FTX to give a ‘one-time’ $6M compensation to phishing victims

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 […]

Oct 24
Ichimoku Cloud Analysis 24.10.2022 (NZDUSD, USDCHF, USDCAD)

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 […]

Oct 24
Forex Technical Analysis & Forecast 24.10.2022

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 […]

Oct 24
Bitcoin ‘6–8 weeks’ from breakout as Hang Seng echoes Lehman Brothers dip

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. […]

Oct 24
S&P 500, Dow open higher, adding to gains after best week since June; Nasdaq declines

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%, […]

Oct 24
Vaxcyte’s stock rallies 46% on positive data for its pneumococcal vaccine candidate

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 […]

Oct 24
Chesapeake Energy credit upgraded at S&P Global, but remains 2 notches deep in ‘junk’ territory

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 […]

Oct 24
Do and Don’ts of Crypto Trading

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 […]

Oct 24
Least volatile ‘Uptober’ ever — 5 things to know in Bitcoin this week

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 […]