Category: Extends
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Bitcoin’s Coinbase Premium Index Decline Extends As BTC Faces Selling Pressure
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Since the price of Bitcoin began to decline after its recent rise to a new all-time high on December 17, several key metrics have shown downward movement, raising uncertainty about… BTC Prospects short term. A continued decline in important metrics could lead to a further decline in BTC price to…
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Cryptocurrency Tax Postponed! South Korea Extends Breathing Room To 2027
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Cryptocurrency companies in South Korea will have some breathing room before they start paying capital gains tax as the government has decided to postpone its implementation for two years. South Korean lawmakers agreed not to impose a tax policy on cryptocurrencies next year, moving its implementation to 2027. Cryptocurrency tax…
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Cryptocurrency Tax Postponed! South Korea Extends Breathing Room To 2027
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Cryptocurrency companies in South Korea will have some breathing room before they start paying capital gains tax as the government has decided to postpone its implementation for two years. South Korean lawmakers agreed not to impose a tax policy on cryptocurrencies next year, moving its implementation to 2027. Cryptocurrency tax…
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Uniswap Bulls Set Sights On $16.9 Resistance As Uptrend Extends
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Uniswap (UNI) is gaining impressive momentum, reigniting hopes for a continued uptrend. As the token gains strength, its next target could be the $16.9 mark, a critical level that could pave the way for larger gains. With momentum building, the question is whether UNI can break through this resistance and…
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Uniswap Bulls Set Sights On $16.9 Resistance As Uptrend Extends
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Uniswap (UNI) is gaining impressive momentum, reigniting hopes for a continued uptrend. As the token gains strength, its next target could be the $16.9 mark, a critical level that could pave the way for larger gains. With momentum building, the question is whether UNI can break through this resistance and…
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Bosch extends unwanted 4-day week to 10,000 employees amid Germany struggles
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Robert Bosch, the struggling German industrial giant that is overhauling its workforce, has doubled its cost-saving efforts by cutting wages and hours for thousands of additional employees, a sign of the plight facing German companies amid the country’s faltering economy. . Bosch said Friday it will cut work hours for…
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Air France extends Israel flight cancelations
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Air France extended the cancellation of all Israeli flights until November 26, and the Italian carrier ITA extended its cancellations until January 13, 2025. The Air France and ITA announcements came the day after violent attacks on fans of the Maccabi Tel Aviv soccer team in Amsterdam, which prompted Israel’s…
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Bitcoin Price Extends Decline: Can $60K Serve as a Lifeline?
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Bitcoin price extended its losses and was trading below the $61,850 area. BTC now holds the $60,000 support, but is still at risk. Bitcoin is struggling to start a new surge above the $62,850 area. The price is trading below the $62,000 level and the 100 hourly simple moving average.…
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Bitcoin Price Extends Decline: Can $60K Serve as a Lifeline?
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Bitcoin price extended its losses and was trading below the $61,850 area. BTC now holds the $60,000 support, but is still at risk. Bitcoin is struggling to start a new surge above the $62,850 area. The price is trading below the $62,000 level and the 100 hourly simple moving average.…
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USDJPY breaks higher this week and extends above the 38.2% of move down from July 3 high
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As the week comes to a close, USDJPY is trading near intraday and week highs. Today’s move higher after the unexpected US jobs report was able to lift the price above the ceiling of the key swing area around the 147.33 level and also above the 38.2% retracement of the…
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Atlantic Coastal extends merger deadline to October 19 By Investing.com
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Atlantic Coastal Acquisition Corp. II (NASDAQ:ACAB), a special purpose acquisition company, announced Friday that its shareholders have approved an extension of the deadline to complete the business combination from September 19, 2024 to October 19, 2024. This extension provides the company additional time to complete the merger or similar business…
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USDCAD extends to the next upside target
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The USD/CAD pair has moved to a new high and reached the next technical target at 1.35535 (see, concepts are missing for months). The price has not been above this moving average since August 7, almost a month ago. A break above this level would send traders looking towards its…
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Australia’s CBA beats annual profit forecast, extends shares rally By Reuters
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Written by Sameer Manikkar (Reuters) – Commonwealth Bank of Australia, the country’s largest lender, reported a smaller-than-expected fall in annual cash profit on Wednesday and announced its highest ever dividend, despite falling margins and rising mortgage overdue payments. Cash profits were A$9.84 billion (US$6.52 billion) for the year to June…
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B. Riley stock extends losses after bank delays quarterly report By Reuters
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Written by Manya Saini, Nikit Nishant and Saeed Azhar (Reuters) – Shares of investment bank B. Riley Financial fell to their lowest level in nearly eight years on Tuesday after the company delayed filing its quarterly report with the Securities and Exchange Commission, adding to concerns about a second-quarter loss.…
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USD/CAD pushes higher as brent crude extends decline to $3
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Commodity currencies are in an interesting position at the moment. The US dollar is falling on several fronts as the market reconsiders the path of the Federal Reserve’s money. But they are reconsidering that because of slowing growth and inflation. Prices are also relatively high in the commodity bloc, currently…
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Bangladesh extends curfew ahead of court hearing on controversial job quotas By Reuters
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Written by Muhammad Bonir Hussein and Sam Jahan DHAKA (Reuters) – Bangladesh extended a curfew on Sunday to control violent student-led protests that have killed at least 114 people as authorities prepared for a Supreme Court hearing later in the day on government job quotas that have sparked anger. Military…
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EURUSD extends to swing area/high from June
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EURUSD extends into swing territory As with GBP/USD, EUR/USD has reached fresh highs as European traders look to exit the week. The move takes the price towards the June 2024 high at 1.0915 and a longer swing area between 1.0909 and 1.0918. A break of this area would be required…
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Tesla stock pops 6%, extends rally as ‘Mojo back for Musk’ after latest delivery data
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Tesla shares extended gains on Wednesday, rising more than 6% after jumping 10% on Tuesday, as Wall Street focused on the electric carmaker’s better-than-expected quarterly vehicle delivery results. Tesla’s stock is now up more than 70% since its low in late April. Tesla announced this week that it has produced…
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South African rand extends losses, focus on unity government’s reforms By Reuters
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JOHANNESBURG (Reuters) – South Africa’s rand extended losses on Tuesday after a turbulent start to the week as markets waited to see how the new national unity government would handle economic reform after forming a cabinet. By 11:31 GMT, the rand was trading at 18.475 against the dollar, down 0.6%…
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GE extends CEO Larry Culp’s contract through at least 2027
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General Electric has agreed to extend CEO Larry Culp’s leadership of the aircraft maker through at least 2027, removing him from the list of potential candidates to become Boeing’s next CEO. General Electric said in a securities filing Monday that Culp could remain at the helm of the company through…