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Safety plays prevail in FX, equity and bond markets on Tuesday, as evidenced by lower prices for risk assets, a strengthening USD and increased demand for long-term bonds. Reports about Russia gas flows to the EU are becoming almost the only driver of short-term sentiment for the Euro and the British pound, overshadowing even the […]
Type: Bearish Momentum Key Levels:Resistance: 1738.4Pivot: 1721.1Support: 1679.3 Preferred Case:On the H4, with price moving within a descending channel and RSI moving in a descending trendline, we have a bearish bias that price will drop from pivot at 1721.1 where the pullback resistance is to 1st support at 1679.3 in line with 100% fibonacci projection […]
Joe Cisewski formerly provided Pantera Capital with legal and regulatory guidance relating to the firm’s funds and investment advisors. Commodity Futures Trading Commission (CFTC) commissioner Goldsmith Romero cited Joe Cisewski’s experience in digital assets as a key reason behind onboarding him as chief of staff and senior counsel. Announcing the move on July 26, commissioner […]
Shares of Enphase Energy Inc. ENPH, -1.12% rose more than 7% in the extended session Tuesday after the maker of solar microinverters and other solar-power products and monitors reported second-quarter earnings that were above Wall Street expectations, thanks in part to growing business in Europe. Enphase said it earned $77 million, or 54 cents a […]
The Bitcoin (BTC) community, or “plebs” as they are affectionately known, are a force to be reckoned with. They banded together in less than seven days to stack over $160,000, or 7 BTC, in a “stackchain.” The so-called stackchain, a portmanteau of the blockchain (Bitcoin’s ledger) and stacking Sats (buying BTC), is a community-driven meme. […]
Twitter Inc. TWTR, +0.25% announced Tuesday that it has scheduled its special meeting at which shareholders will vote on whether to approve Tesla Inc. TSLA, -3.57% Chief Executive Elon Musk’s $44 billion takeover of the company. The meeting will take place Sept. 13. at 10 a.m. Pacific. Twitter has urged shareholders to approve the deal […]