Latest Market News

Aug 22
Coronavirus tally: Jill Biden leaves isolation after twice testing negative for COVID

First Lady Jill Biden left isolation on Sunday, after testing negative for COVID, the New York Times and other media outlets reported. Biden tested positive a week ago while on vacation in South Carolina. “After isolating for five days and receiving negative results from two consecutive Covid-19 tests, the first lady will depart South Carolina […]

Aug 22
Crypto tax can wait, free coins can’t: S. Korea mulls ‘gift tax’ for airdrops

South Korea has postponed its crypto gains tax on multiple occasions due to a lack of investor protection measures and regulatory guidelines. 680 Total views 40 Total shares The South Korean Ministry of Strategy and Finance on Monday cleared that virtual asset airdrops, staking rewards and hard forked tokens would be subject to a gift […]

Aug 22
AMC shares slide 33% ahead of start of trading for preferred equity units, or Apes

AMC Entertainment Holdings Inc. shares AMC, -6.58% tumbled 33% premarket Monday, ahead of the start of trading for its AMC Preferred Equity Units APE, , or Apes, which were declared by the company as a special dividend to class A common shareholders earlier in August. “While we understand there was a notable level of initial […]

Aug 22
Ichimoku Cloud Analysis 22.08.2022 (GBPUSD, AUDUSD, USDCAD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is falling within the bearish channel. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test Tenkan-Sen at 1.1865 and then resume moving downwards to reach 1.1585. Another signal in favour of a further downtrend […]

Aug 22
Japanese Candlesticks Analysis 22.08.2022 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” As we can see in the H4 chart, after forming an Inverted Hammer reversal pattern close to the support area, EURUSD may reverse in the form of a new ascending impulse. In this case, the upside target may be at 1.0070. However, an alternative scenario implies that the price may […]

Aug 22
BendDAO contract now has only 15 ETH left to pay lenders

Many nonfungible tokens (NFTs) that were used as collateral in the platform have defaulted without any bids. 795 Total views 31 Total shares Lending protocol BendDAO has run out of Wrapped Ether (wETH) in its contract. At the time of writing, the contract only has 15 WETH to pay lenders, and an estimated 15,000 Ether […]