News

Jan 13
Pakistan’s central bank reportedly wants to ban crypto

Pakistan’s finance and law ministries are yet to make a decision on a potential blanket ban on crypto in the country. 1637 Total views 22 Total shares The State Bank of Pakistan (SBP) is reportedly seeking to ban all cryptocurrency transactions in Pakistan. Pakistan’s Sindh High Court reportedly held a hearing related to the legal […]

Jan 13
Halliburton stock rallies toward a near 3-year high after J.P. Morgan upgrades to overweight

Shares of Halliburton Co. HAL, +0.73% rallied 1.7% toward a near three-year high in premarket trading Thursday, after J.P. Morgan analyst Arun Jayaram turned bullish on the oil services company, given its position as a leader in scale, flexibility and technology and its “best-in-class” returns generated in the last cycle. Jayaram raised his rating to […]

Jan 13
Market Spotlight: ETH Approaching Key Zone

Keep An Eye On ETHThe breakdown in the US Dollar this week is allowing for a broad move higher in risk assets. Among those instruments seeing the most benefit is ETH which has rallied almost 20% off the lows. The brief dip below the falling wedge pattern suggests a false breakout, with potential now for […]

Jan 13
Market Spotlight: EURUSD Breakout Triggered

EURUSD Breaking Out?So, on the back of yesterday’s CPI release in the US it seems it was the bearish USD scenario which played out, triggering the EURUSD breakout idea. Price is now on course to test the initial target at 1.1527, currently grappling with the bear channel top. Given that this is initially a short-term […]

Jan 13
Top or bottom? Traders at odds over whether Bitcoin will keep rising

$44,000 remains a focus overnight, but clear direction evades Bitcoin markets, and participants are nervous. 2226 Total views 25 Total shares Bitcoin (BTC) touched $44,000 a second time on Jan. 12 amid increasing divergence of opinion about whether the price bottom is “in.”  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro […]

Jan 13
Delta's stock rallies after adjusted profit, revenue beat expectations

Shares of Delta Air Lines Inc. DAL, -1.50% rallied 2.1% in premarket trading Thursday, after the air carrier reported fourth-quarter adjusted profit and revenue that beat expectations, as December revenue has recovered to nearly 80% of 2019 levels. The net loss was $408 million, or 64 cents a share, compared with net income of $1.1 […]