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SNB SurpriseThe Swiss Franc has exploded higher today following a shock rate hike from the SNB. The market was widely expecting the SNB to leave rates at -0.75%, the lowest in the world. However, the bank joined the growing tide of central banks tightening their monetary policy by announcing a .5% hike at its June […]
Type: Bearish MomentumKey Levels:Resistance: 768.05Pivot: 760.90Support: 738.5Preferred Case:On the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop from the pivot at 760.90 in line with the overlap resistance and 61.8% fibonacci projection to the 1st support at 738.5 in line with the horizontal swing low.Alternative […]
The MakerDAO decided to cut off Aave from its direct deposit module as a safeguard in light of the possibility that Celsius folds and crashes the price of stETH. 2583 Total views 22 Total shares MakerDAO has voted to cut off lending platform Aave’s ability to generate DAI for its lending pool without collateral as […]
White House press secretary Karine Jean-Pierre on Thursday said the Biden administration is encouraging officials in Florida to pre-order COVID-19 vaccines for the youngest children, after a reporter asked about Florida being the only U.S. state not to pre-order. “We encouraged Florida on several occasions to order vaccines, so we’ve been aware of this, and […]
According to price data from CoinGecko compiled by CoinGoLive, the current bear market has seen a whopping 72 out of top-100 tokens fall more than 90% from their all-time highs. The larger cap coins are faring better than most. Among the top ten cryptocurrencies by market cap, nine have dipped less than 90% during the […]
Gold futures ended higher on Thursday for a second straight session, extending a rebound from the more than one-month low prices settled at earlier this week. A decline in the U.S. stock market amid concerns about the economic outlook in the wake of the Federal Reserve’s largest interest-rate hike since 1994, helped provide support for […]