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The Securities and Exchange Commission said Friday it’s reached an agreement with the China Securities Regulatory Commission and the Ministry of Finance of the People’s Republic of China governing inspections and investigations of audit firms based in China and Hong Kong. “This agreement marks the first time we have received such detailed and specific commitments […]
Moderna Inc. MRNA, -1.42% said Friday it is suing Pfizer Inc. PFE, -1.06% and German partner BioNTech SE BNTX, -1.88% for infringing patents relating to its mRNA platform, the source of the COVID vaccines developed by the three parties. The suit is to be filed Friday in the U.S. District Court for the District of […]
The wait for a first Bitcoin spot exchange-traded fund continues as the U.S. SEC buys more time to make a decision on VanEck’s proposed BTC ETF. 833 Total views 9 Total shares The United States Securities and Exchange Commission (SEC) has pushed back a decision on the latest application for a Bitcoin (BTC) spot exchange-traded […]
U.S. stocks opened mixed Friday ahead of Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole economic symposium in Wyoming, as investors digested data showing price pressure eased in July. The Dow Jones Industrial Average DJIA, -1.22% was up 0.2% soon after the opening bell, while the S&P 500 SPX, -1.50% rose less than […]
Type: Bearish Drop Key Levels:Resistance: 13669Pivot: 13346Support: 12999 Preferred Case:On the H4, with price breaking out of an ascending channel and moving below the ichimoku indicator, we have a bearish bias that price will drop from pivot at 13346 where the overlap resistance, 38.2% fibonacci retracement and 61.8% fibonacci projection are to the 1st support […]
Type: Bearish Drop Key Levels:Resistance: 22485Pivot: 20720Support: 18870 Preferred Case:On the H4, with price breaking out of a bullish channel and moving below the ichimoku indicator, we have a bearish bias that price will drop to pivot at 20720 where the 161.8% fibonacci extension and swing low support are. Once we have downside confirmation of […]