Three market catalysts suggest that Ethereum’s native token Ether (ETH) is well-positioned to reach $4,000 this month. Google searches for “Ethereum merge” spike Internet users’ interest in Ethereum’s upcoming network upgrade, dubbed “the Merge,” surged substantially in the week ending April 2, Google Trends’ data shows. Searches for the keyword “Ethereum Merge” reached a perfect […]
Raymond James on Wednesday downgraded three bank stocks and upgraded one ahead of the first-quarter earnings season. Bright spots for banks include improving loan growth, potential expansion in net interest income as interest rates rise, and benign credit trends. Challenges include tough comparisons in fee income businesses from mortgages and capital markets; also wage inflation […]
The cost of moving Bitcoin across the network has hit decade lows as Lightning Network, batching, miner behavior and protocol improvements have driven costs down. 566 Total views 38 Total shares It’s a great time to move Bitcoin (BTC) between wallets and exchanges. Bitcoin transaction fees have hit all-time lows in BTC, according to research […]
Shares of Rivian Automotive Inc. RIVN, -9.33% rallied 2.9% in premarket trading Wednesday, to buck the weakness in the broader market, after the electric vehicle maker reported first-quarter production and deliveries data that the company said were in line with its expectations. The rally comes as futures ES00, -0.72% for the S&P 500 SPX, -1.26% […]
EURGBP, “Euro vs Great Britain Pound” EURGBP is rebounding from the support area at 0.8334; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s upside border at 0.8415 and then resume moving downwards to reach 0.8205. Another signal in favour of […]
XAUUSD, “Gold vs US Dollar” As we can see in the H4 chart, XAUUSD has formed a Hammer pattern not far from the support area. At the moment, the asset is reversing in the form of a further uptrend. In this case, the upside target may be the resistance level at 1970.00. At the same […]