Latest Market News
Gold prices rose in trading on Tuesday, to recover from the worst selling in the yellow metal in 6 weeks, driven by bets that the Federal Reserve will raise interest rates earlier than expected. The rise in the yellow metal prices came after a significant rise in US bond yields, which led to the worst […]
ICO tokens from Crowd Computer were sold to Americans as “investment contracts” according to the SEC’s complaint, which classifies them as securities. 1460 Total views 51 Total shares The United States Securities and Exchange Commission (SEC) has filed a suit against Australian Craig Derel Sproule for the allegedly “fraudulent and unregistered” sale “of digital asset […]
GlaxoSmithKline PLC GSK, -0.53% announced Thursday an agreement to supply the Government of Canada with 20,000 doses of Sotrovimab, the COVID-19 monoclonal antibody therapy the company developed with Vir Biotechnology Inc. VIR, . The agreement follows Canada’s initial order of 10,000 doses of Sotrovimab announced in October, which included options for additional purchases. Sotrovimab was […]
Type: Bearish ReversalKey Levels:Resistance: 91.268Pivot: 90.827Support: 90.139Preferred Case:With divergence spotted on RSI, we would expect a pullback from our Pivot at 90.827 in line with 50% Fibonacci retracement towards our 1st support at 90.139 which is an area of Fibonacci confluences.Alternative Scenario:Alternatively, prices may climb towards our 1st resistance at 91.268 in line with 100% […]
Type: Bullish BounceKey Levels:Resistance: 116.586Pivot: 115.63Support: 115.045Preferred Case:Prices are on bullish momentum and consolidating in an ascending channel. We see the potential for a bounce from our Pivot at 115.63 in line with 23.6% Fibonacci retracement towards our 1st resistance at 116.586 in line with 127.2% Fibonacci extension. Our bullish bias is further supported by […]
Calculating different gas prices for different resource usage may streamline the current fee structure for Ethereum according to Buterin. 53 Total views 3 Total shares Ethereum co-founder Vitalik Buterin has put his thinking cap on again in an attempt to improve the current fee structure for the network. The proposal titled “Multidimensional EIP-1559” was laid […]