Latest Market News
“Policy unpredictability” and “adoption of Bitcoin as legal tender” are part of the reasons why the country has received a downgrade from Fitch. 4306 Total views 37 Total shares El Salvador faces another whipping from a traditional finance firm for its “forbidden” love for Bitcoin (BTC). American credit rating agency Fitch Ratings has lowered El Salvador’s […]
The Nasdaq 100 NDX, -2.33% slumped 1.7% in afternoon trading Thursday, with only 17 of its components gaining ground, after the technology-friendly index ran up 3.3% over the past two days. The index’s biggest gainer was Datadog Inc. stock DDOG, +12.23%, which shot up 14.3% over the monitoring and security software platform company reported before […]
The average deal size of crypto mergers and acquisitions reached $180 million in 2021, surging from $53 million in 2020, PwC said. 2686 Total views 22 Total shares Merger and acquisition deals in the cryptocurrency industry, simply known as M&As, have massively increased in 2021, with associated value jumping nearly 5,000%, according to PwC, one […]
Gold futures ended higher on Thursday, stretching their streak of gains to a fifth session in a row – the longest run of consecutive gains since November. The rise for the metal came in the wake of data showing the U.S. consumer price index rose by a more than expected 0.6% in January to 7.5%, […]
Brent As we can see in the H4 chart, divergence on MACD made the asset start a new correctional downtrend after testing the post-correctional extension area between 138.2% and 161.8% fibo at 94.53 and 99.41 respectively. After the correction is over, the price may break the local high at 94.73 and continue moving within the […]
EURUSD, “Euro vs US Dollar” Having completed the first descending wave at 1.1396 along with the correction towards 1.1446, EURUSD has finished another descending impulse to reach 1.1414; right now, it is correcting towards 1.1429 and may later resume falling to break 1.1382. After that, the instrument may continue trading downwards with the short-term target […]