Latest Market News

Mar 30
Core Scientific strikes digital gold: Revenue up 800%, gross profit up 2500%

The firm highlighted growth in hash rate, mining equipment sales, hosting revenue, digital asset mining income as key reasons for the improved performance. 1993 Total views 39 Total shares U.S. Bitcoin mining firm Core Scientific has posted bullish 2021 fiscal year results compared to the year prior, with its revenue increasing by 803% to $544.5 […]

Mar 30
NextEra ‘disappointed’ as Biden administration looks into tariffs on solar panel imports from Asia

NextEra Energy Inc. NEE, +0.23% said Tuesday that it was “disappointed” in the U.S. Department of Commerce’s decision to look into possible tariffs on solar panel imports from certain countries in Asia. The clean energy company’s stock fell 0.5% in afternoon trading, reversing an earlier gain of as much as 0.7%. The decision followed a […]

Mar 30
Russia Sends Major de-Escalation Signal, Risk Assets Surge on Expectations of a Ceasefire

Progress in peace talks between Ukraine and the Russian Federation in Istanbul today has become the main driver of recovery moves in risk assets and Forex. One of the key signals of de-escalation was the statement by a representative of the Russian Defense Ministry that “the Russian Ministry of Defense will significantly reduce military activity […]

Mar 30
Light Crude Oil Futures (CL!), H1 Potential for Dip!

Type: Bearish ReversalKey Levels:Resistance: 114.35Pivot: 112.05Support: 107.92Preferred Case:Prices are on bearish momentum and abiding by our descending trendline resistance. We see the potential for a further bearish continuation from our Pivot at 104.45 in line graphical overlap, 23.6% Fibonacci retracement and 127.2% Fibonacci extension towards our 1st support at 94.44 in line with 61.8% Fibonacci […]

Mar 30
‘Institutional demand’: Large transactions on Cardano up 50X in 2022

Large Transaction Volume on Cardano has exploded in 2022, suggesting that there is now institutional demand for the blockchain network. 683 Total views 39 Total shares Crypto intelligence firm IntoTheBlock reports that the number of large transactions on the Cardano blockchain has increased by more than 50X this year.  Large Transaction Volume (LTV) refers to […]

Mar 30
Oil futures end lower on apparent progress in Russia-Ukraine peace talks

Oil futures declined on Tuesday for a second straight session, with prices pressured by reports of progress in peace talks between Russia and Ukraine. Prices have fallen “with Russia signaling a willingness to de-escalate the war against Ukraine,” said Jay Hatfield, chief investment officer at ICAP. “If there is a full cease fire and more […]