Latest Market News

Jul 19
100X Bitcoin energy use would mean ‘absurd’ $20M BTC price — developer

A new contributor to the Bitcoin (BTC) energy debate says that 1 BTC would have to cost $20 million to use 100 times its current energy demands. In a Twitter debate on Monday, Sjors Provoost, a Bitcoin developer and author of Bitcoin: A Work in Progress, cast doubt on the largest cryptocurrency’s future energy use. Bitcoin […]

Jul 19
Netflix stock options are priced for a more than $27 one-day post-earnings move, ORATS says

Published: July 19, 2022 at 1:40 p.m. ET An options strategy Netflix Inc.’s stock known as a straddle on is priced Tuesday for a much bigger than usual one-day move after the streaming video giant reports second-quarter results after the closing bell. A straddle is a pure volatility play in which bullish (calls) and bearish […]

Jul 19
Forex Technical Analysis & Forecast 19.07.2022

EURUSD, “Euro vs US Dollar” Having finished the ascending wave at 1.0200, EURUSD is correcting down to 1.0095. Later, the market may start another growth to reach 1.0230 and then resume moving within the downtrend with the target at 0.9830. GBPUSD, “Great Britain Pound vs US Dollar” After completing the ascending wave at 1.2030, GBPUSD […]

Jul 19
Murrey Math Lines 19.07.2022 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” In the H4 chart, AUDUSD is trading inside the “oversold area”. In this case, the price is expected to break 0/8 and continue growing to reach the resistance at 1/8. However, this scenario may no longer be valid if the price rebounds from 0/8 to the downside. After that, […]

Jul 19
Dubai to ramp up metaverse efforts with 40,000 new jobs

The emirate launches its Dubai Metaverse Strategy, aiming at the world’s top 10 metaverse economies. 2336 Total views 52 Total shares One of the leading crypto hubs in the Middle East, the emirate of Dubai, launches the Dubai Metaverse Strategy that aims to turn it into one of the world’s top 10 metaverse economies. The […]

Jul 19
Beyond Meat brings plant-based pork patties to Tmall in China

Beyond Meat Inc. BYND, +5.80% began selling plant-based pork patties in China on the company’s Tmall store on Tuesday. Available in classic and spicy flavors, this is the second plant-based pork product Beyond Meat has launched in China. The other, Beyond Pork, is a ground plant-based pork product that became available in 2020. The new […]