Latest Market News
Software Freedom Law Center legal director Mishi Choudhary supported tokens that were not quite CBDCs nor cryptocurrencies, but with cash-like privacy features many users may want. 462 Total views 18 Total shares Mishi Choudhary, the legal director of the Software Freedom Law Center, supported the efforts of some United States lawmakers to develop an electronic […]
Shares of Mohawk Industries Inc. MHK, +3.84% rallied more than 14% in the extended session Thursday after the flooring products maker reported earnings and sales above Wall Street expectations, thanks to higher prices and unabated demand. Mohawk said it earned $245 million, or $3.78 a share, in the quarter, compared with $237 million, or $3.36 […]
Ukraine continues to use crypto and NFTs to fund the two-month long ongoing Russia-Ukraine war. 494 Total views 44 Total shares Mykhailo Fedorov, Vice Prime Minister of Ukraine and Minister of Digital Transformation of Ukraine, tweeted that the Ukrainian government will accept war effort contributions in the form of nonfungible token (NFT) donations and purchases. Via […]
Shares of U.S. Steel Corp. X, +1.29% rose nearly 3% in the extended session Thursday after the steel maker reported adjusted earnings above expectations and revenue that met estimates, saying that customers are noticing the importance of having a domestic steel source. U.S. Steel said it earned $882 million, or $3.02 a share, in the […]
EURUSD, “Euro vs US Dollar” After finishing the descending wave at 1.0600 and forming a new consolidation range above this level, EURUSD has broken it to the downside; right now, it is falling towards 1.0506. After that, the instrument may start a new correction to return to 1.0600 and then resume trading downwards with the […]
USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is approaching the “overbought area”. In this case, the price is expected to test 8/8, rebound from it, and then resume falling to reach the support at 6/8. However, this scenario may be cancelled if the price breaks the resistance […]