News

May 06
Controlling 17% of BTC hash rate: Report on publicly listed mining firms

The Cointelegraph Research Terminal, the leading provider of premium databases and institutional-grade research on blockchain and digital assets, has added a new report to its expanding library. The latest paper looks at a particular group of players in the Bitcoin (BTC) mining industry. Published by crypto consulting firm Crypto Oxygen, the report highlights the current […]

May 06
Bausch + Lomb stock opens with a slight gain, to value the company at about $6.5 billion

Bausch + Lomb Corp.’s stock BLCO, +5.72% debuted Friday with a slight gain, which helped justify the disappointing pricing overnight of the lenses and medical devices maker’s initial public offering. The company said late Thursday that its IPO priced at $18 a share, which was well below the expected range of between $21 and $24, […]

May 06
The cryptocurrency market digest (BTC, ETH, XRP). Overview for 06.05.2022

The BTC dropped after all. On Friday, the major cryptocurrency is trading at $36,435; yesterday’s low is $35,579. At the moment, the asset is moving close to the lows of 24 February. Over the last 24 hours, the BTC lost 9%. The current technical picture doesn’t exclude a possibility of a plunge below $35,000. After […]

May 06
The Euro stumbled again. Overview for 06.05.2022

After taking a short break, EURUSD resumed its decline.  The major currency pair got back under bearish pressure quite quickly. The current quote for the instrument is 1.0558. The weekly Unemployment Claims report published yesterday by the US showed 200K against the expected reading of 182K. The difference is quite acceptable – the current situation […]

May 06
Soybean Oil Futures (ZL1!), H1 Potential for Bearish Continuation

Type: Bearish ContinuationKey Levels:Resistance: 85’46Pivot: 83’76Support: 82’04Preferred Case:With price expected to reverse off the resistance of the Ichimoku cloud, we see a potential bearish continuation from our pivot level of 83’76 which is in line with 50% Fibonacci retracement and horizontal pullback resistance towards our 1st support level of 82’04 which is in line with […]

May 06
Soybean Futures (ZS1!), H1 Potential for Bearish Continuation

Type: Bearish ContinuationKey Levels:Resistance: 1674Pivot: 1662’6Support: 1644Preferred Case:With price moving below the Ichimoku cloud, we see a potential bearish continuation from our pivot level of 1662’6 which is in line with 50% Fibonacci retracement and horizontal pullback resistance towards our 1st support level of 1644 which is in line with the horizontal pullback support.Alternative Scenario:Alternatively, […]