Latest Market News
• Dow Jones broke support area• Likely to fall to support level 30615.00 Dow Jones index is under the bearish pressure after the price broke the support area lying between the key support level 32450.00 and the 38.2% Fibonacci correction of the upward price impulse from the end of 2020. The breakout of this support […]
• AUDUSD reversed from resistance area• Likely to fall to support level 0.700 AUDUSD recently reversed down from the resistance area lying at the intersection of the resistance level 0.7050, 20-day moving average and the 50% Fibonacci correction of the impulse wave 1 from the start of May. The downward reversal from this resistance area […]
Satoshi Nakamoto left a large pair of shoes to fill after releasing the code for Bitcoin (BTC) to the world, helping to establish the network, then vanishing without so much as a trace. Over the years, the crypto ecosystem has seen many developers and protocol creators rise in stature to become crypto messiahs for faithful […]
Major U.S. stock indexes finished mostly higher Friday, eking out gains with a dramatic rally into the closing bell. The bounce allowed the S&P 500 index SPX, +0.01% to narrowly avoid a bear-market finish, while ending the session virtually flat around 3,901. The Dow Jones Industrial Average DJIA, +0.03% rose less than 0.1% and the […]
Core Ethereum developer Preston Van Loon says that the network’s long-awaited transition to proof-of-stake will most likely happen this August. 6236 Total views 61 Total shares Ethereum’s long-awaited migration to a proof-of-stake (PoS) consensus mechanism, which has been pushed back time and time again, looks set to occur sometime in August — hopefully. Preston Van […]
Amid a sea of red in U.S. stock markets on Friday, a fundamental shift in investors’ thinking is taking place, one which analysts describe as a “growth scare.” A “growth scare” is characterized by a correction in anticipation of slowing economic growth, even if such a slowdown hasn’t yet been borne out by the data. […]