Latest Market News

May 13
Coronavirus tally: Daily average of COVID-19 cases climbs to 3-month high, as hospitalizations also rise

The daily average for new COVID-19 cases climbed to a three-month high as hospitalizations have also increased, while deaths slipped. The seven-day average of new cases was 87,522 on Thursday, up 59% in two weeks and the highest number seen since Feb. 21, according to a New York Times Tracker. The state with the biggest […]

May 13
How to protect yourself from the recent spate of ‘crypto muggings’

There has been a spate of “crypto muggings” in London recently, with thieves threatening crypto holders with violence unless they transfer over their digital currencies held in mobile phone wallets or on crypto exchanges. As detailed by The Guardian UK, crime reports from the City of London police detail how thousands of dollars worth of […]

May 13
Gold books worst daily fall Thursday in about a week

Gold futures finished sharply lower on Thursday as a surging dollar pushed higher on inflation concerns. June gold GCM22, -0.12% shed about 1.6%, or $29.10, ending at $1,824.60 an once on Comex. That was the biggest daily percentage decrease for the most-active gold contract since May 2, according to FactSet data. The precious metal came […]

May 13
Aurora launches $90M fund to finance DeFi apps on Near Protocol

Aurora, an EVM scaling mechanism on the Near protocol, has launched a $90 million token fund in partnership with Proximity Labs to attract new developers. 1286 Total views 27 Total shares Aurora, an Ethereum Virtual Machine (EVM) designed to scale decentralized applications (DApp) built on the Near protocol, has launched a token fund worth $90 […]

May 13
Jan. 6 committee subpoenas Kevin McCarthy, four other Republicans

The House committee probing the Jan. 6 attack on the U.S. Capitol has subpoenaed House Minority Leader Kevin McCarthy and four other Republican lawmakers as part of its investigation into the causes of the insurrection. In addition to McCarthy, of California, the panel subpoenaed Reps. Scott Perry of Pennsylvania, Jim Jordan of Ohio, Andy Biggs […]

May 13
Market Spotlight: AUDJPY Short Hits First Target

AUDJPY Breakdown UnderwayThe recent AUDJPY short idea highlighted in a market spotlight this week has now hit its first target at 89.13. The reversal in risk appetite over recent session and the rise in safe haven support for JPY has helped drive the pair lower and with the retail market reducing its net-short position rapidly […]