Latest Market News
Washington, D.C. — The Commodity Futures Trading Commission today announced it has filed a civil enforcement action in the U.S. District Court for the Southern District of Florida against Emerson Pires and Flavio Goncalves, both Brazilian citizens who previously resided in Port Saint Lucie, Florida; Joshua Nicholas of Stuart, Florida; and Empires Consulting Corp., a […]
A strategist at JPMorgan predicts that the worst of the bear market could be over as stronger crypto firms have come in to bail out the industry in the midst of major deleveraging. 67 Total views 2 Total shares The historic deleveraging of the cryptocurrency market could be coming to an end, which could signal […]
The Food and Drug Administration on Thursday told COVID-19 vaccine makers that plan to update their boosters to add a BA.4 and BA.5 spike protein component to the new shots that are in development. These “bivalent” boosters should equally target the two subvariants of omicron as well as the original strain of the virus and […]
Type: Bearish MomentumKey Levels:Resistance: 3.7128Pivot: 3.6479Support: 3.5419Preferred Case:On the H4, with price moving below the ichimoku cloud, we have a bearish bias that price will drop from the pivot at 3.6479 in line with the overlap resistance and 23.6% fibonacci retracement to the 1st support at 3.5419 where the swing low support is.Alternative Scenario:Alternatively, price […]
Type: Bearish MomentumKey Levels:Resistance: 116.63Pivot: 113.89Support: 101.55Preferred Case:On the H4, with price recently breaking the ascending trend channel, we have a bearish bias that price will continue to drop from the pivot at 113.89 at the swing high in line with the 50% fibonacci retracement and 61.8% fibonacci projection to the 1st support at 101.55 […]
Officials from the European Union (EU) have agreed on a landmark law that will make life tougher for crypto issuers and service providers under a new single regulatory framework. Stefan Berger, European Parliament member and rapporteur for the MiCA regulation — the person appointed to report on proceedings related to the bill — broke the […]