Latest Market News
Nearly 60% of the electricity used to power Bitcoin (BTC) mining machines comes from sustainable sources, according to the latest Q2 2022 report from the Bitcoin Mining Council (BMC). In its Q2 review of the Bitcoin network released on Tuesday, the BMC found that the global Bitcoin mining industry’s use of sustainable energy is up […]
Shares of WeTrade Group Inc. WETG, +67.92% ran up 12.1% in volatile trading Tuesday, after the China-based developer of ecommerce platforms for microbusinesses debuted on the Nasdaq exchange, and announced the pricing of its $40 million stock offering. The stock was uplisted to the Nasdaq Capital Market as of Tuesday, after previously trading over the […]
Credit Agricole Assessing the short-term EUR/USD risks The near-term outlook for EUR/USD tends to be dominated by the EUR-USD short-term rate spread, the peripheral yield spread to Bunds as well as the EUR/USD box yield spread and the performance of the Eurozone stock market relative to the US. We therefore assess the magnitude of the […]
Type: Bullish Bounce Key Levels:Resistance: 139.417Pivot: 137.751Support: 136.695 Preferred Case:On the H4, with price moving above the ichimoku indicator and along the ascending trendline, we have a bullish bias that price will rise to our 1st resistance at 139.417 where the 61.8% fibonacci projection and swing high resistance are from our pivot at 137.751 in […]
After 73 days of “extreme fear” on the Crypto Fear and Greed Index, investors can breathe a very small sigh of relief. 5422 Total views 6 Total shares Bitcoin (BTC) on Tuesday finally escaped the “extreme fear” zone after a whopping 73 days, coinciding with a 19% weekly increase in BTC as bulls make their […]
Oil futures finished higher on Tuesday, shaking off earlier losses as concerns over the Organization of the Petroleum Exporting Countries’ inability to significantly raise production and talk of more U.S. restrictions on fossil fuels created an environment for higher oil prices, said Phil Flynn, senior market analyst at The Price Futures Group. Some expectations for […]