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$1.83 Billion Makes Its Way To Exchanges, Is A Bloodbath Coming?
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This article is also available in Spanish. Bitcoin is currently hovering above a major support level, and any minor selling caused by a group of traders is likely to be… Snowballing into a wave of intense selling pressure. this The fragile situation was emphasized According to data from on-chain analytics…
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Five Reasons to be Bullish on SoFi Technologies (SOFI) Stock on the Dip
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SoFi Technologies (SOFI) has positioned itself as one of the most exciting fintech companies, offering a wide range of services and products that many traditional banks struggle to match. While the stock is down about 10% this year, I believe this decline is largely due to short-term investors being preoccupied…
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Dollar at Crossroads as Trump or Harris White House Looms By Investing.com
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Investing.com – The upcoming US elections may be a crossroads for the dollar, as a Trump win is likely to initially strengthen the US currency, while a Harris win could lead to short-term weakness, but experts warn against betting on any immediate win. . -The movement in results is likely…
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Argentina Leads Latin America With $91 Billion Crypto Inflows
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With over $90 billion in cryptocurrency flows, Argentina has been declared the leading Latin American cryptocurrency market, dethroning Brazil. The increasing instability and unpredictability of the economy as well as inflation forced the country’s population to explore the decentralized world of cryptocurrencies, instantly making them major players in their region.…
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The 45th record close for the S&P index. Dow also closing at a record level.
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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 more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
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BNB Under Siege: Failed Recovery Sparks Fears of Deeper Losses
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BNB finds itself under renewed selling pressure as its latest recovery attempt fails, leaving the cryptocurrency vulnerable to further losses. Despite the brief upward move, BNB’s failure to break through key resistance levels has raised concerns about a deeper decline. With technical indicators pointing to potential weakness ahead, the question…
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Raphael Tuju suffers blow as Supreme Court paves the way for hotel auction
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Former Cabinet Minister Raphael Tuju has been dealt a blow after the High Court paved the way for a regional lender to auction off its prime Karen properties, over a Sh4.5 billion debt arising from a failed loan deal. A five-judge panel of the High Court recused themselves from the…
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Exclusive-CVS to exit core infusions services business, job cuts possible By Reuters
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Written by Amina Niasse NEW YORK (Reuters) – CVS Health is exiting its core infusion services business and plans to either close or sell 29 related regional pharmacies in the coming months, a company spokesman confirmed to Reuters on Friday. Details of the strategic shift were announced in a CVS…
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Spot Bitcoin ETFs Witness Persistent Negative Outflows, A Sign Of Fading Confidence?
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This has turned out to be a bleak week for Bitcoin spot trading funds (ETFs) as the historical products have seen consistent negative outflows in the past few days in light of recent price volatility. Spot Bitcoin ETFs record outflows for 3 consecutive days In a worrying development. Bitcoin ETFs…
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Monese acquired by Pockit as HSBC writes off its investment
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FinTech Monese has been bailed out by Cardiff-based digital banking provider Pockit after HSBC became the latest investor to write off its investment in the struggling London company. The takeover comes after Monese failed to raise new funds and pre-tax losses of £30.5m in 2022, despite revenues rising to £27.7m.…
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NZDUSD moves back into swing area and between 100/200 day MAs going into the weekend.
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NZDUSD has been trading above and below the 100-day moving average this week but above the 200-day moving average (green line) until the Reserve Bank of New Zealand’s interest rate decision mid-week. The central bank cut interest rates by 50 basis points sending the pair below the 61.8% level but…
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Ethereum TD Setup: Why The ETH Price Must Hold $2,250
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Ethereum has largely shown sideways movement between $2,500 and $2,350 in the past seven days. This sideways movement has not yet led to a clear path for how cryptocurrencies will perform going forward, dampening the sentiment of many bulls. In an interesting analysis with TD Setup, cryptocurrency analyst Ali Martinez…
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Greenridge Exploration Enters into Binding Arrangement Agreement to Acquire ALX Resources Corp.
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Oct 11, 2024 • 12 minute…
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OPEC report, Fed’s Waller speech highlight Monday’s economic calendar By Investing.com
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As traders approach another pivotal day for the financial markets on Monday, October 14, 2024, attention will be focused on key reports and speeches that could influence market dynamics. OPEC’s monthly report and Federal Reserve Governor Christopher Waller’s speech are expected to provide valuable insights into the global oil market…
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Oracle shelves plans to build data center in Israel
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The American technology giant Oracle (NYSE: ORCL) was one of the first companies to rent a powerful underground data center in Israel to provide its clients – banks, health funds and defense forces, with artificial intelligence processing, data management and information storage services. Even before Microsoft, Amazon and Google built…
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Oracle shelves plans to build data center in Israel
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The American technology giant Oracle (NYSE: ORCL) was one of the first companies to rent a powerful underground data center in Israel to provide its clients – banks, health funds and defense forces, with artificial intelligence processing, data management and information storage services. Even before Microsoft, Amazon and Google built…
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AUDUSD is lower on the week, but sellers had their shot and missed below key retracement.
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The Australian dollar fell against the US dollar a week ago as a result of the stronger-than-expected US jobs report. However, the price remained above the 200-bar moving average on the 4-hour chart (green line on the chart below). It wasn’t until Monday when the price broke below this level…
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What Do Bitcoin Miners Expect Next?
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Bitcoin miners have always been a reliable indicator of overall sentiment within the market. By tracking their profits and actions, we can get an idea of where the BTC price might head next. In this article, we’ll explore the latest trends in Bitcoin mining, how miners are reacting to current…