Latest Market News

May 04
Soybean Futures (ZS1!), H1 Potential for Bearish Continuation

Type: Bearish ContinuationKey Levels:Resistance: 1662’6Pivot:1653’4Support: 1626’2Preferred Case:With price moving below the Ichimoku cloud, we see a potential bearish continuation from our pivot level of 1653’4 which is in line with 38.2% Fibonacci retracement and horizontal pullback resistance towards our 1st support level of 1626’2 which is in line with the horizontal swing low support.Alternative Scenario:Alternatively, […]

May 04
Ape-themed airdrop phishing scams are on the rise, experts warn

As the crypto community notices and calls out such scams, the fraudsters tend to turn off replies to their tweets to prevent being exposed as scammers. 1953 Total views 48 Total shares Cybersecurity experts identified and disclosed the rising popularity of airdrop phishing among crypto and nonfungible token (NFT) scammers. Airdrops serve as an essential […]

May 04
WHO confirms BA.4 and BA.5 omicron subvariants behind South Africa COVID case surge but too early to know more

The World Health Organization said Wednesday that two new subvariants of the omicron variant of the coronavirus that causes COVID-19 are behind a spike in cases in South Africa, but there’s too little data yet to know if they are more lethal than other variants. The two, dubbed BA.4 and BA.5, ” have acquired a […]

May 04
European watchdog lists crypto next to lawyers, accountants as an AML threat

The annual supervision report from MONEYVAL concluded that 18 of the 22 jurisdictions have an insufficient level of compliance with AML standards. 571 Total views 37 Total shares Europe’s Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT)  watchdog, MONEYVAL, has listed monitoring the crypto sector along with “gatekeeper” professionals, such as lawyers and accountants, […]

May 04
Revolve stock plunges on concerns about decelerating growth

Revolve Group Inc. RVLV, -23.19% shares plunged 23.7% in Wednesday trading as fears mount about the company’s decelerating growth. Revolve, which targets a millennial and Gen Z shopper, reported first-quarter net income of $22.6 million, or 30 cents per share, up from $22.3 million, or 30 cents per share, last year. Sales of $283.5 million […]

May 04
Virginian county wants to put pension funds into DeFi yield farming

The next few days will see a decision made, which if approved would be the first time pension fund money was used in decentralized finance. 836 Total views 33 Total shares The Northern Virginia county of Fairfax has already invested a part of its pension funds in crypto and blockchain startups. Now, it’s mulling over […]