Latest Market News
• Gold broke resistance level 1855.00• Likely to test resistance level 1900.00 Gold continues to rise after the earlier breakout of the resistance level 1855.00 (former support from the start of May) and the 50% Fibonacci correction of the downward impulse from last month. The breakout of the resistance level 1855.00 should accelerate the active […]
• GBPCHF under bearish pressure• Likely to fall to support level 1.1955 GBPCHF currency pair under the bearish pressure after the price broke below the key multi-month support level 1.2100 (lower boundary of the sideways price range from the start of March). The breakout of the support level 1.2100 continues the active impulse waves (iii), […]
Francis Suarez reminded people that volatility plays an equal role when the market is going up, but the concerns only come up during bear markets. 1250 Total views 22 Total shares Miami mayor Francis Suarez believes that Bitcoin (BTC) should be seen from an innovation perspective rather than just as an investment asset. Suarez’s comments […]
Moderna Inc. MRNA, -4.08% tweeted Monday afternoon that it is “investigating potential monkeypox vaccines at a preclinical level.” Several stocks of companies that are developing or have smallpox or monkeypox vaccines and treatments jumped in trading on Monday as more people have become aware of the cluster of cases in Europe. Moderna’s stock is down […]
Crypto exchange Bitbank revealed plans to establish JADAT, a crypto-specialized custodian, in partnership with Sumitomo Mitsui Trust Holdings. 578 Total views 38 Total shares In a new development for East Asia, Japanese crypto exchange Bitbank announced a partnership with financial holding company Sumitomo Mitsui Trust Holdings to establish Japan Digital Asset Trust (JADAT). According to […]
The home builder sector was suffering a unanimous selloff in morning trading Tuesday, after data showing new home sales surprisingly fell in April, and sharply, amid high prices, rising mortgage rates and low supply. The iShares U.S. Home Construction ETF ITB, -3.37% sank 3.4%, with all 47 equity components losing ground, while the SPDR S&P […]