News

Aug 02
Kim Kardashian’s legal team files motion to dismiss EthereumMax crypto lawsuit

Kim Kardashian’s lawyers filed a joint motion to dismiss the class-action complaint against the American businesswoman for promoting an alleged “pump and dump” crypto token. 1386 Total views 81 Total shares Kim Kardashian’s legal team has filed a motion to set aside a class-action complaint aimed at the businesswoman and other American celebrities. Kardashian and a handful […]

Aug 02
Gold prices score 5th straight day of wins Tuesday with U.S.-China tensions in focus

Gold prices end higher Tuesday, climbing for a fifth straight day, after U.S. House Speaker Nancy Pelosi landed in Taiwan, sparking vows of retaliation from Beijing. December gold GCZ22, -0.26% GC00, -0.26% rose 0.1% to settle at $1,789.70 an ounce, with the most-active contract ending higher in the past five sessions. Investors also continued to […]

Aug 02
The Euro is heading up. Overview for 02.08.2022

EURUSD resumed its growth after weak PMI releases.  The major currency pair is back to growing. The current quote for the instrument is 1.0244. The start of this trading week was rather struggling – the economic calendar offered a lot of PMI data from China, the US, and the Euro Area, which was minor.  On […]

Aug 02
Forex Technical Analysis & Forecast 02.08.2022

EURUSD, “Euro vs US Dollar” Having formed the consolidation range around 1.0240 and broken it to the upside, EURUSD is expected to extend this ascending structure up to 1.0334 without any corrections. After that, the instrument may resume trading downwards to return to 1.0240 and then start another growth with the target at 1.0381. GBPUSD, […]

Aug 02
New York financial regulator fines Robinhood’s crypto division $30M

“As its business grew, Robinhood Crypto failed to invest the proper resources and attention to develop and maintain a culture of compliance,” said superintendent Adrienne Harris. 534 Total views 6 Total shares The New York Department of Financial Services, or NYDFS, has announced a $30 million penalty on Robinhood’s cryptocurrency arm for alleged violations related […]

Aug 02
Why China-Taiwan tensions moved to the forefront of financial market worries

It’s an island off the coast of China, with a land area comparable to Maryland and Delaware combined. Its population is about 1 million higher than that of Florida. Often overlooked in world headlines, Taiwan is grabbing the financial market’s attention as the biggest macro risk of the day, prompting many traders and investors to […]