Latest Market News
Blockchain venture funds are shifting their focus to Web3 development and are placing greater emphasis on scalability. 2183 Total views 44 Total shares Layer-2 scaling solution Polygon has raised $450 million in a funding round that was backed by some of blockchain’s biggest venture funds — offering further evidence that major investors are looking to […]
Oil futures ended with a loss on Monday, with U.S. benchmark prices pulling back after ending last week at their highest since September 2014. Momentum in oil prices has been stabilizing on signs that nuclear talks between the U.S.-Iran appear to be “making positive noise,” said Pat Thaker, editorial director, Middle East & Africa at […]
At least 80% of the investment’s net assets are through securities that “derive at least 50% of their revenue or profits” from Bitcoin mining. 1902 Total views 6 Total shares Crypto asset manager Valkyrie will have an exchange-traded fund (ETF) with exposure to Bitcoin mining firms available for trading on the Nasdaq Stock Market starting […]
Cruise stocks surged Monday, and were among the biggest gainers in the S&P 500 SPX, -0.10%, in the wake of Royal Caribbean Group’s RCL, +7.55% earnings report in which the cruise operator Chief Executive Jason Liberty said “we are past COVID.” Shares of Royal Caribbean’s ran up 6.9% in midday trading, Norwegian Cruise Line Holdings […]
EURUSD, “Euro vs US Dollar” Having completed the descending wave along with the correction, EURUSD has formed a new consolidation range near the highs. Possibly, today the pair may break the range to the downside and correct towards 1.1366. Later, the market may resume trading upwards with the target at 1.1427. GBPUSD, “Great Britain Pound […]
USDCHF, “US Dollar vs Swiss Franc” USDCHF is trading at 0.9252; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the cloud’s downside border at 0.9230 and then resume moving upwards to reach 0.9410. Another signal in favour of a further uptrend will […]