Latest Market News
Type: Bearish ContinuationKey Levels:Resistance: 11122’2Pivot: 1105’2Support: 1080’4Preferred Case:With the MACD indicating some bearish momentum, we have a bearish bias that price will drop to our 1st support in line with the 50% Fibonacci retracement and horizontal pullback support from our pivot of 1105’2 in line with the 23.6% Fibonacci retracement and the horizontal overlap support.Alternative […]
Bitcoin (BTC) dipping below $36,000 “smells like capitulation,” one trader says as suspicion mounts over United States stock markets. In a tweet on May 6, Cointelegraph contributor Michaël van de Poppe suggested that the BTC price was at least giving “serious signals.” Analyst: Stocks saw “forced liquidation” After plunging to 10-week lows in line with equities […]
Shares of Nvidia Corp. NVDA, -0.90% fell 1.5% in morning trading Friday, after the semiconductor company agreed to pay a $5.5 million penalty, to settle charges made by the Securities and Exchange Commission regarding inadequate disclosures concerning the impact of cryptomining on Nvidia’s gaming business. The company also agreed to a “cease-and-desist” order, the SEC […]
Last month, the watchdog gave the thumbs-up to Teucrium’s Bitcoin futures ETF, which is the first such vehicle to be approved under the ’33 Act. 5561 Total views 36 Total shares The United States Securities and Exchange Commission (SEC) has given the green light to Valkyrie’s futures exchange-traded fund (ETF) application. This represents another ETF […]
The Surface Transport Board said late Friday that it will require certain railroads to submit “service recovery plans” and additional data and regular progress reports on rail service, operations, and employment after several railroad customers and others complained about delays and other problems. There were several accounts of “severe rail service issues” reported by several […]
EURUSD, “Euro vs US Dollar” After finishing the descending impulse at 1.0555, EURUSD is consolidating around this level. If later the price breaks this range to the downside, the market may form a new descending structure with the target at 1.0464; if to the upside – start another growth towards 1.0673 and then resume falling […]