Author: bitlyfool
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AUDUSD runs higher after US jobs report but stalls at a key ceiling.What next technically?
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AUDUSD rose sharply after the US jobs report. The price rise pushed the pair above the 100-day moving average at 0.6580, a 50% move down from the December high of 0.66159 and up to the ceiling of the key swing zone between 0.6335 and 0.6345. Sellers built on this ceiling…
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Edward Snowden Delivers ‘Final’ Bitcoin Warning: Here’s Why
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Well-known whistleblower Edward Snowden reiterated his long-standing concerns about Bitcoin’s privacy features, or lack thereof, in a recent post on It is the cornerstone of enhancing user privacy on the Bitcoin network. “The clock is ticking” for Bitcoin, Snowden says Snowden expressed frustration with the slow pace of privacy improvements…
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Capital Power carbon capture plan beset by finances, tech: analysts
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Breadcrumb links oil and gas energy Goods Genesee was supposed to store three million tons of carbon dioxide per year, about three times what the Shell project stores Article writer: Canadian Press Bob Weber Published on May 3, 2024 • 3 minute read You can save this article by registering…
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Drugmaker Amneal agrees to $270 million U.S. opioid settlement By Reuters
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Written by Nate Raymond (Reuters) – Amnial Pharmaceuticals (Nasdaq) said on Friday it had reached an agreement worth more than $270 million to settle allegations that it helped fuel the deadly opioid epidemic in the United States, becoming the latest drug company to settle lawsuits over the addiction crisis sparked…
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Fidelity: Pension Funds Exploring Bitcoin Investments on ETF Approval
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Fidelity, a major financial services company, says retirement funds have begun exploring investing in Bitcoin, especially after Bitcoin exchange-traded funds were approved earlier this year. BREAKING: Wall Street giant Fidelity says pension funds are starting to explore #Bitcoin And encryption Gradually then suddenly ? pic.twitter.com/8vBz4Bf02t — Bitcoin Magazine (@BitcoinMagazine) May…
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Eli Azur wins battle for Tamar Petroleum board after NeoGames exit
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Israeli businessman Eli Azor was busy last week with the success of the vote on the formation of the board of directors of Tamar Petroleum (TASE: TMRP). On Wall Street, Azur and his partners completed the sale of online gambling company NeoGames (Nasdaq: NGMS) to Australian gaming and betting company…
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Mastercard Teams Up with Fintech Startups to Accelerate Digital Payment Solutions
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From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast…
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Why This Crypto Bull Run Might Not Live Up To The Past: Analyst
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In a detailed analysis shared with his 788,000 followers on for him ideas Providing a deep dive into fundamental factors that can moderate market performance. Why should cryptocurrency investors expect diminishing returns? Pintucci began his analysis by saying, “This cycle should have the greatest diminishing returns of any cycle,” and…
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April US jobs report shows looser labor market, good news for Fed By Reuters
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(Reuters) – U.S. job growth slowed more than expected in April and annual wage gains slowed, signs of a more resilient labor market that are good news for markets and the Federal Reserve, which will likely require more of these signals before shifting from higher policy to higher policy. Longer…
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Japanese yen rises, USDJPY hits 3-week low on suspected intervention By Investing.com
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Investing.com — The Japanese yen rose on Friday, with the USD/JPY pair hitting a three-week low after sharp declines this week that traders largely attributed to government intervention. The pair, which measures the amount of yen needed to buy one dollar, was trading 0.2% higher at 153.34 yen. It had…
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Solana Memecoin Rose Upto $328 T In Market Cap Only To Fall Back To Zero.
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The latest saga has rocked the solana memecoin cryptocurrency world, which has always been a hotbed of speculation, hype and the occasional scam. This article explores the dramatic and disturbing journey of the memecoin on the Solana blockchain which astonishingly reached a market cap of $328 trillion, only to be…
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Dow jumps as Apple looks to jumpstart jobs day party
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The Dow Jones led US stocks higher on Friday, as upbeat earnings from Apple lifted spirits awaiting the monthly jobs report, a crucial test of interest rate expectations. Dow Jones Industrial Average (^DJI) futures jumped 0.8%, or 320 points, while S&P 500 futures (^GSPC) rose 0.4%. Futures on the tech-heavy…
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ForexLive European FX news wrap: Dollar lags in run up to US jobs report
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or all…
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Kraken’s CF Benchmarks hits 50% dominance on crypto ETF market
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Kraken’s CF Benchmarks achieve dominance in the cryptocurrency ETF market with $24 billion worth of benchmark data, and are poised to expand amid an unprecedented surge in demand. CF Benchmarks, a subsidiary of cryptocurrency exchange Kraken, is making big gains from this year’s rise in bitcoin exchange-traded funds (ETFs). The…
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Uniti, Windstream agree to merger deal to expand fiber network (NASDAQ:UNIT)
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to imagine Unity group (NASDAQ:UnitWindstream Holdings II LLC and Windstream Holdings II LLC have agreed to merge in a deal that will combine Uniti’s nationwide wholesale fiber network with Windstream’s fiber-to-the-home business, the companies said on Friday. Under the terms of the deal, Windstream shareholders will do so Receive $425…
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Magna shares tumble 5% on earnings miss By Investing.com
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Aurora, Ontario – Magna International (NYSE:) Inc. (TSX: MG; NYSE: MGA) reported a significant earnings loss in the first quarter of 2024. The auto supplier reported adjusted earnings per share (EPS) of $1.08, below analyst consensus of $1.25. Despite meeting revenue expectations of $10.97 billion, which was in line with…
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BTC Price Surges Above $59K as Spot Bitcoin ETF Outflows Ease Up
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After days of suffering huge losses that led to its price rising to $56,500, Bitcoin rebounded on Thursday and during the early hours of Friday. This coincided with a slowdown in outflows from spot bitcoin exchange-traded funds (ETFs) in the United States compared to the record outflows of the previous…
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Nippon Steel is putting off its $14.1bn takeover of U.S. Steel by 3 months
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Nippon Steel said on Friday it has postponed the expected closing of its $14.1 billion takeover of US Steel by three months after the US Department of Justice requested more documents related to the deal. The deal, which has already been approved by US Steel shareholders, is still expected to…
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Financial Legacies in Hong Kong
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From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast…
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Fear Back For 1st Time Since October As Crypto Greed Takes The Backseat
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It seems that the luster has been taken off Bitcoin’s crown. After a stellar run that peaked at a record price in late March, the world’s leading cryptocurrency has seen a sharp correction, sending investor sentiment plummeting. This sudden turnaround can be attributed to a combination of factors, with the…