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Stocks opened higher Tuesday, attempting to bounce a day after a selloff took the S&P 500 to its lowest close since March 31, 2021. The Dow Jones Industrial Average DJIA, +0.20% jumped 481 points, or 1.5%, after rising more than 500 points in the opening minutes. The S&P 500 SPX, +0.39% jumped 1.9% to 4,066, […]
The market value of UST, Terra’s stablecoin offering, recently fell below the expected $1 price point as LUNA’s price witnessed a sharp decline owing to a significant selloff. 7312 Total views 51 Total shares As the crypto community still tries to decipher Terra’s ongoing pegging-de-pegging fiasco in relation to its stablecoin offering TerraUSD (UST), major […]
The SPDR S&P Biotech ETF XBI, -8.21% closed at a five-year low of $64.37 on Monday as U.S. stocks plunged on concerns about continued inflation and the threat of weaker growth. The last time the price for the biotech ETF was down this low was in December 2018. “A combination of clinical and regulatory setbacks, […]
Tesla Shares Fall Lower Again This Week Tesla shares continue to plunge lower this week. The company has undergone a sharp shift in sentiment since the test of 1142.17 highs with shares having now dropped by over 30% since that latest peak, currently sitting on support at the 777.11 level. News of Elon Musk’s purchase […]
EURCAD Testing Channel TopPrice action in EURCAD is looking interesting here. The pair has been grinding steadily lower within a well-respected bear channel over the course of 2022 so far. However, we’ve seen strong bullish divergence creeping in at the recent lows. Price has since reversed higher off the 1.3439 level and is testing the […]
A crypto analyst claimed that staking Bitcoin within exchanges allows them to sell it to someone else; Cointelegraph reached out to the platforms for more info. 1906 Total views 5 Total shares Security breaches and hacks often highlight the risks of storing Bitcoin (BTC) on centralized exchanges. One analyst even claims that keeping your BTC […]