News

Jul 08
NAS DAQ 100 E-MINI FUTURES (NQ1!), H1 Potential For Bullish Rise

Type: Bullish RiseKey Levels:Resistance: 12261.50Pivot: 11973.00Support: 11745.25Preferred Case:On the H4, with price moving above the ichimoku cloud and has broken through the descending trendline, we have a bullish bias that price will rise to the pivot at 11973.00 in line with the pullback resistance and 78.6% fibonacci retracement . Once we have upside confirmation that […]

Jul 08
Class action lawsuit claims Solana’s SOL is an unregistered security

Plaintiffs claim that Solana’s SOL token is a centralized security with insiders profiting immensely while retail traders got rekt. 2088 Total views 36 Total shares Solana Labs is the latest crypto company to be hit with a lawsuit accusing it of promoting an unregistered security. The class action was filed on July 1 by Roche […]

Jul 08
Gold futures end higher for the first time in 8 sessions

Gold futures climbed on Thursday, putting an end to a streak of declines that spanned seven sessions — the longest in more than three years. August gold rose $3.20, or 0.2%, to settle at $1,739.70 an ounce, a day after marking the lowest most-active contract settlement since late September 2021. … Source: Marketwatch

Jul 08
Ashley Alder appointed FCA chair

HM Treasury has today announced the appointment of Ashley Alder as the new Chair of the FCA. Ashley is currently Chief Executive Officer of the Securities and Futures Commission (SFC) in Hong Kong, a role he has held since 2011. Ashley also chairs the Board of the International Organization of Securities Commissions (IOSCO) and sits […]

Jul 08
What bear market? Consumer confidence higher among crypto owners than normies

The research firm said that the discrepancy is partially explained by the fact that the average crypto owner is “more likely to be wealthier, younger and male” than the average U.S. adult. 320 Total views 4 Total shares Consumer confidence is considerably higher among crypto owners than the average American adult, with crypto owners sitting […]

Jul 08
Amazon stock rallies toward 1st close above the 50-day moving average in 2 1/2 months

Published: July 7, 2022 at 2:20 p.m. ET Shares of Amazon.com Inc. rallied 2.0% in afternoon trading Thursday, putting them on track to close above its 50-day moving average (DMA), which many chart watchers view as a short-term trend tracker, for the first time since April 19. The 50-DMA came in at $114.65 on Thursday […]