Latest Market News
Su Zhu revealed the 3AC team had close ties to Terra co-founder Do Kwon, which made them overlook several red flags with the project that eventually led to a multi-million dollar loss for the hedge fund. 1790 Total views 33 Total shares The founders of tainted crypto hedge fund Three Arrow Capital (3AC), which filed […]
Stocks opened mostly higher Friday, but saw the Nasdaq Composite dragged down by a plunge for shares of social-media platform Snap Inc. The Dow Jones Industrial Average DJIA, +0.33% rose 124 points, or 0.4%, to 32,160, while the S&P 500 SPX, +0.09% traded near unchanged after opening with a small gain. The Nasdaq Composite COMP, […]
Prince Filip Karađorđević, known as Philip Karageorgevitch in English, placated rumors that an Arab country would “soon” adopt Bitcoin (BTC) as legal tender. In an interview Philip delivered from Serbia, the prince explained that Bitcoin adoption is an inevitability for all countries. As a result of the thesis he first shared on a Bitcoin Reserves […]
Conagra Brands Inc. CAG, +0.15% announced a 5.6% dividend hike on Friday. A quarterly dividend of 33 cents per share will be paid on September 1, 2022 to shareholders of record as of the close of business on August 3, 2022. Conagra stock is down 2.8% for the year to date while the S&P 500 […]
EURUSD, “Euro vs US Dollar” EURUSD is still rebounding from Tenkan-Sen and Kijun-Sen. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s upside border at 1.0135 and then resume moving upwards to reach 1.0385. Another signal in favour of a […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Harami reversal pattern not far from the resistance area. At the moment, the asset may reverse in the form of a new correctional impulse. In this case, the downside correctional target may be the support level at 1650.00. […]