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“What we’ve achieved is the friction-less transfer of collateral assets on an instantaneous basis,” stated JPMorgan’s global head of trading services Ben Challice. 1609 Total views 29 Total shares Multinational investment bank JPMorgan Chase & Co is reportedly trialing the use of its own private blockchain for collateral settlements. According to Bloomberg, JPMorgan conducted a […]
Shares of Reata Pharmaceuticals Inc. RETA, +3.42% were up 2.4% in trading on Thursday after the company said the Food and Drug Administration granted priority review to the company’s experimental treatment for Friedreich’s ataxia, a rare nervous system disease. The regulator is now set to make a decision on omaveloxolone by Nov. 30. “If approved, […]
Type: Bullish MomentumKey Levels:Resistance: 1.07570Pivot: 1.06715Support: 1.06155Preferred Case:With the MACD having a bullish momentum and prices breaking the ichimoku cloud , which supports our bullish bias that price will rise from our pivot at 1.06715 in line with overlap support to our 1st resistance at 1.07570 where the 61.8% fibonacci projection and swing high resistance […]
Type: Bullish RiseKey Levels:Resistance: 8840Pivot: 8529Support: 82712nd support: 7791Preferred Case:Price is moving within the ascending trend channel and is moving above the ichimoku cloud which supports our bullish bias that price will rise from the pivot at 8529 at the overlap resistance and is in line with the 23.6% fibonacci retracement and the 61.8% fibonacci […]
Miller said Bitcoin “functioned without the Fed and without any interference” during times of market turmoil, concluding that “it’s an insurance policy, the way I look at it.” 2872 Total views 69 Total shares Bill Miller the billionaire founder and Chief Investment Officer of investment firm Miller Value Partners, has said he considers Bitcoin (BTC) […]
Stocks closed sharply higher on Thursday, a day after minutes of the Federal Reserve’s meeting in early May signaled a willingness by the central bank to consider pausing rate hikes later this year if the economy shows signs of wobbling. The Dow Jones Industrial Average DJIA, +1.61% added about 518 points, or 1.6%, ending near […]