Latest Market News
NZDCHF Breaking OutThe recent rally in NZDCHF is starting to gather pace now. The move above the .6232 base has seen price blowing through .6387, currently stalled at the .6466 level. With the retail market more than 80% short the pair, there is plenty of room for the current rally to continue. Look for the […]
Alibaba Group Holding Ltd. BABA, -4.35% announced late Monday that it was upsizing its share-buyback program. The Chinese e-commerce giant is now authorized to repurchase up to $25 billion in shares, whereas the prior authorization was for $15 billion. The program will be effective for a two-year period that ends in March 2024. Alibaba disclosed […]
Vitalik Buterin’s recent Time magazine cover garnered a lot of attention on Twitter and ultimately connected the Ethereum co-founder with NFL athlete Tom Brady. 1651 Total views 27 Total shares Ethereum co-founder Vitalik Buterin recently spoke about his biggest concerns regarding the crypto industry with Time magazine. Following the interview’s publication, Buterin responded to tweets that negatively […]
Oil futures climbed on Monday, with the U.S. oil benchmark logging its highest settlement in almost two weeks. An expectation that the European Union might well consider imposing their own embargo on Russia oil, despite concerns over any such ban might do to their own economies, helped provide support for oil, said Michael Hewson, chief […]
The regulator said it would extend its window for the decision on WisdomTree’s Bitcoin investment vehicle to May 15 and One River’s to June 2. 1234 Total views 38 Total shares The United States Securities and Exchange Commission has extended its window to approve or disapprove spot Bitcoin (BTC) exchange-traded fund (ETF) applications from asset managers […]
U.S. stocks fell Monday after Federal Reserve Chairman Jerome Powell said policy makers could lift interest rates by more than a quarter of a percentage point in future meetings as they battle inflation that was already running too high before the Russia-Ukraine war pushed up commodity prices. Equities finished well off session lows, however, trimming […]