Latest Market News
The United States Federal Reserve’s inflation “sledgehammer” is about to batter the prices of Bitcoin (BTC) and Ether (ETH) down even further, before reaching back to new all-time highs in 2025, according to Bloomberg analyst Mike McGlone. Ahead of the latest Fed interest rate hike to be announced this week, the market is expecting a […]
Chamath Palihapitiya, backer of the Social Capital Hedosophia Holdings Corp. special-purpose acquisition corporations, or SPACs, said Tuesday he is winding down the two vehicles numbered IV IPOD, +0.20% and VI IPOF, +0.10% after failing to find a target company to acquire within the given time frame. In a regulatory filing, Palihapitiya, known as the ‘SPAC […]
EURUSD, “Euro vs US Dollar” EURUSD is correcting within the Wedge pattern. The instrument is currently moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s upside border at 1.0045 and then resume moving downwards to reach 0.9845. Another signal in favour of a further […]
EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after forming a Shooting Star reversal pattern close to the resistance area, EURUSD may reverse in the form of a new descending impulse. In this case, the downside target may be at 0.9955. However, an alternative scenario implies that the price may […]
Australian-based crypto platform Marhaba DeFi says there has been a strong take-up of Halal-approved cryptocurrency products on its platform, with aims to release a suite of new products which align with Islamic law by the end of 2022. Launched in 2020, the platform is focused on adhering to the rules of “Islamic finance” which refers […]
Shares of BAVA, +5.33% jumped 11% as the drugmaker said it signed a contract amendment with Public Health Canada that’s valued at up to $434 million over ten years. Under the new contract amendment, the majority of the confirmed order for Imvamune will be delivered in 2023, Bavarian Nordic said. Imavune, known as Jynneos in […]