News
Bitcoin (BTC) saw fresh rejection at $23,500 resistance on Aug. 5 as United States equities failed to embrace surprisingly strong payroll data. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Collapsing real wages” poke fun at payroll print Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as bears kept the market in its intraday trading […]
Shares of Global Blood Therapeutics Inc. GBT, +36.89% jumped 9.5% in trading on Friday after The Wall Street Journal reported that Pfizer Inc. PFE, -1.34% is considering buying the company for about $5 billion. There were media reports earlier this week that Global Blood Therapeutics, which markets a sickle-cell treatment, is attracting takeover interest. The […]
EURUSD, “Euro vs US Dollar” After breaking 1.0186 upwards, EURUSD is expected to continue growing towards 1.0256. Later, the market may resume trading downwards with the target at 1.0115, or even extend this structure down to 1.0080. GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has completed the descending wave at 1.2065; right now, it […]
EURUSD, “Euro vs US Dollar” EURUSD continues testing the resistance area. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.0190 and then resume moving upwards to reach 1.0415. Another signal in favour of a further uptrend […]
The United States Labor market added 528,000 jobs in July, much better than the 258,000 estimate. Wages saw growth of 5.2% year-over-year and 0.5% over the month. This suggests that inflation remains high and the U.S. Federal Reserve may continue with its rate hikes in the near future. After staying in close correlation with the […]
Shares of Applied DNA Sciences Inc. APDN, +13.98% jumped another 15.2% in morning trading Friday, to snap back from an earlier intraday loss of as much as 8.7%. The biotechnology company’s stock has now skyrocketed 873.5% amid a four-day win streak, which kicked off with a 311.2% gain on Tuesday after the company said it […]