Latest Market News
Risk Aversion Seen on ThursdayGlobal markets are in heavy risk-off mode today in response to news of Russia invading Ukraine. News broke in the early hours of the morning that Russia had launched an attack on several front, firing missiles, rolling troops in and deploying troops by air. There have been reports of mass casualties […]
Bitcoin’s correlation with the U.S. equity market could be one reason for its current decline, but Eastern European money destabilization could push BTC as a “crisis” hedge. 2829 Total views 73 Total shares The world woke up to a “sea of red” that was not necessarily limited to the financial markets, as Russia declared war […]
Keurig Dr Pepper Inc. KDP, -1.32% said Thursday its fourth-quarter net income rose to $843 million, or 59 cents a share, from $428 million, or 30 cents a share, in the year-ago quarter. The drink company’s adjusted earnings rose to 45 cents a share from 39 cents a share. Sales increased by 8.7% to $3.39 […]
NFTs have increased their lead over stablecoins and ERC-20 tokens in transfers on the Ethereum network since last July, while WBTC minted on chain has leveled off this month. 1418 Total views 35 Total shares Transfers of nonfungible tokens (NFT) on Ethereum have surpassed transfers of stablecoins and altcoins while the supply of wrapped Bitcoin […]
Shares of Hertz Global Holdings Inc. HTZ, -4.29% fell about 1% in the extended session Wednesday after the rental-car company reported a quarterly loss. Hertz said it lost $260 million, or $1.52 a share, in the fourth quarter, compared with a loss of $289 million, or $1.85 a share, in the year-ago period. Adjusted for […]
USDCAD, “US Dollar vs Canadian Dollar” As we can see in the H4 chart, after forming an Engulfing reversal pattern close to the support level, USDCAD is reversing and may form a new ascending impulse. In this case, the upside target may be the resistance area at 1.2815. However, an alternative scenario implies that the […]