News

Jul 05
E-MINI DOW JONES FUTURES (YM1!), H1 Potential For Bullish Rise

Type: Bullish RiseKey Levels:Resistance: 31872Pivot: 30931Support: 30412Preferred Case:On the H4, with price moving above the ichimoku cloud and within the ascending channel , we have a bullish bias that price will rise from the pivot at 30931 in line with the pullback support and 38.2% fibonacci retracement to the 1st resistance at 31872 where the […]

Jul 05
Circle’s USDC on track to topple Tether USDT as the top stablecoin in 2022

The growth of Circle’s native stablecoin USD Coin (USDC) in the last two months compared to its $66-billion rival giant Tether (USDT) is nothing short of spectacular. USDT, USDC market cap ratio hits the lowest on record Notably, USDC’s market capitalization has grown by 8.27% since May, reaching its highest level of $55.9 billion on […]

Jul 05
Banks stocks hit hard as continued fall in Treasury yields fuel recession fears

Financial stocks traded broadly lower Tuesday, as longer-term Treasury yields continued to fall amid growing concerns that a recession was on the horizon. Lower longer-term yields can weigh on banking profits, as they narrow the spread between what banks earn on longer-term assets, such as loans, that are funded by shorter-term liabilities. The SPDR Financial […]

Jul 05
Bollywood A-lister-backed GARI token plunge sparks rug pull rumors

GARI token was launched by Salman Khan, an A-list celebrity from Bollywood, with an aim to help Indian creators monetize their content over a short video application Chingari. 2078 Total views 7 Total shares The domino effect of the 2022 bear market, which saw the downfall of numerous crypto ecosystems and tokens over several months, […]

Jul 05
Arms Index shows stock market’s selloff is relatively calm

The Arms Indexes for both the New York Stock Exchange and the Nasdaq exchange are showing that investors are behaving in a relatively calm fashion despite the steep declines in the market indexes. The Arms is a volume-weighted breadth measure that is used to depict the intensity of selling and buying in declining and advancing […]

Jul 05
Lamborghini-backed GT racing team to authenticate car parts using NFTs

Former racing champion Vincenzo Sospiri said that this will allow them to monitor and ensure the quality of their car parts. 700 Total views 28 Total shares Vincenzo Sospiri Racing (VSR), a GT racing team backed by Lamborghini’s motorsport department, has announced its partnership with nonfungible token (NFT) platform Go2NFT to launch a program that […]