Latest Market News
The site will use a combination of solar panels and battery storage from excess daylight to power Bitcoin mining. 1450 Total views 85 Total shares On Friday, cryptocurrency storage company Blockstream and Block Inc. (formerly Square) announced the construction of a solar-powered Bitcoin (BTC) mining facility in Texas. As told by Blockstream, the mining site […]
Amid the debate over whether the U.S. is about to head into an economic downturn, the Duke University finance professor who pioneered the use of bond-market yield curves as a predictive tool has a few things to say. One is that it’s too soon to say whether a contraction is on the way, though the […]
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is rebounding from the rising channel’s downside border at 0.7488; the instrument is moving inside Ichimoku Cloud, thus indicating a sideways tendency. The markets could indicate that the price may test the rising channel’s upside border at 0.7515 and then resume moving downwards to reach 0.7265. Another signal […]
BRENT As we can see in the H4 chart, after reaching the “oversold area”, Brent is trading at 0/8. In this case, the price is expected to rebound from this level and resume moving upwards to reach the resistance at 2/8. However, this scenario may no longer be valid if the asset breaks 0/8 to […]
Washington, D.C. — The Commodity Futures Trading Commission today announced the U.S. Court for the Southern District of New York entered an order and a final judgment against Danish resident Casper Mikkelsen, a/k/a Carsten Nielsen, a/k/a Brian Thomson, a/k/a Thomas Jensen, a/k/a Casper Muller, permanently prohibiting him from trading commodity interests, and ordering him to […]
The outgoing week was marked by a continued rise in bond yields of developed countries and hawkish reassessment of the Fed’s interest rate path. At the same time, greenback demand rose, while for the currencies of countries with low interest rates, as well as countries dependent on imports of commodities, it decreased. EURUSD found equilibrium […]