Latest Market News
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 […]