Latest Market News

Jan 06
Moneygram buys 4% stake in crypto ATM operator Coinme

The investment follows a May 2021 partnership between the two firms aimed at expanding access to crypto-fiat exchanges. 1496 Total views 38 Total shares Money transmission network MoneyGram now has a minority investment in crypto ATM operator Coinme following a Series A funding round. In a Wednesday announcement, MoneyGram said it had purchased a roughly […]

Jan 06
Meta Platforms stops VR/AR software operating system project: report

Facebook parent Meta Platforms Inc. FB, -3.67% has ceased development of a new VR/AR software operating system that employed more than 300 after four years, The Information reported Wednesday. The move could greatly impact Meta’s ability to pivot to becoming a major metaverse player. Meta quickly issued a statement via Gabriel Aul, its vice president […]

Jan 05
Bitcoin price drops to $43.7K after Fed minutes re-confirm plans to hike rates

Bitcoin price slipped below $44,000 shortly after notes from the Federal Reserve’s December FOMC session re-confirmed plans to get the balance sheet under control. 20000 Total views 69 Total shares Bitcoin (BTC) and the wider cryptocurrency market fell under as equities markets pulled back at the closing bell after minutes from the Federal Reserve’s December […]

Jan 05
Dow, S&P 500, Nasdaq close sharply lower as stocks slide after Fed minutes

Major U.S. stock benchmarks ended sharply lower Wednesday, with the tech-heavy Nasdaq Composite index suffering the steepest decline, after the Federal Reserve released minutes of its December meeting that showed officials eyeing potentially faster and earlier rate hikes amid high inflation. The Nasdaq COMP, -3.34% dropped about 3.3%, the S&P 500 SPX, -1.94% fell about […]

Jan 05
Apple Wave Analysis – 5 January, 2022

• Apple reversed from resistance zone • Likely to fall to support level 176.85 Apple recently reversed down from the resistance zone lying at the intersection of the key resistance level 181.60(which stopped the previous intermediate impulse wave (3)) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the earlier […]

Jan 05
EURCHF Wave Analysis – 5 January, 2022

• EURCHF reversed from support zone • Likely to rise to resistance level 1.040 EURCHF currency pair recently reversed up from the support zone lying at the intersection of the key support level 1.0335 (which stopped the previous minor impulse wave 1) and the lower daily Bollinger Band. The upward reversal from this support zone […]