© Reuters. FILE PHOTO: A Peloton exercise bike is seen after the ringing of the opening bell for the company’s IPO at the Nasdaq Market site in New York City, September 26, 2019. REUTERS/Shannon Stapleton/File Photo (Corrects typo in paragraph 10) By Joyce Philippe (Reuters) -Peloton Interactive Inc investorsRead More →
US Monthly Retail Sales Overview Tuesday’s US economic docket highlights the release of monthly retail sales figures for July, scheduled later during the early North American session at 12:30 GMT. The report is expected to show that the US consumer has grown more cautious in response to the latestRead More →
© Reuters. FILE PHOTO: A map of China is seen through a magnifying glass on a computer screen showing binary digits in Singapore in this January 2, 2014 photo illustration. Picture taken January 2, 2014. REUTERS/Edgar Su/File Photo By Josh Horwitz SHANGHAI (Reuters) -China moved on Tuesday to tightenRead More →
Crypto adoption is not only expanding but also diversifying across communities, age groups, and other social strata. Blockchain technology was created as a means to decentralize the economy and finance in order for it to reach people equitably. While people from many economically weaker countries have adopted it asRead More →
© Reuters. SpaceX founder and chief engineer Elon Musk attends a post-launch news conference to discuss the SpaceX Crew Dragon astronaut capsule in-flight abort test at the Kennedy Space Center in Cape Canaveral, Florida, U.S. January 19, 2020. REUTERS/Steve Nesius (Reuters) – SpaceX founder Elon Musk said on SaturdayRead More →
New filings with the United States Securities and Exchange Commission, or SEC, reveal that four wealth management companies have acquired shares of Grayscale’s Bitcoin Investment Trust, offering further evidence of institutional adoption of digital assets. As first reported by MacroScope, a Twitter feed devoted to institutional trading and assetRead More →
Gold prices have recovered a significant portion of the daily drop. Traders will be watching US data and the FOMC Minutes for the week ahead. XAU/USD is trading at $1,779.16 and flat after Friday’s price action. Gold took advantage of a drop in the US dollar on Friday followingRead More →
When compared to the likes of Polkadot, Cardano and Ethereum, XRP’s utility has always been undermined. The token has, however, gained traction of late, thanks to its 56.4% weekly surge. XRP’s several use cases As of now, XRP is being used by a host of companies for various purposes.Read More →
© Reuters. FILE PHOTO: A Southwest Airlines Boeing 737-800 plane is seen at Los Angeles International Airport (LAX) in the Greater Los Angeles Area, California, U.S., April 10, 2017. REUTERS/Lucy Nicholson (Reuters) – Southwest Airlines (NYSE:) Co became the first big U.S. carrier to warn of a hit fromRead More →
SPY continues to frustrate the herd expecting a pullback. SPY shorts are beginning to cover in the latest Commitment of Traders report. SPY looks technically overbought but this can continue. The S&P ETF, SPY, continues to confound many seasoned commentators looking for a late summer sell-off. The market byRead More →
Shark Tank host Kevin O’Leary has become an official spokesman for Sam Bankman-Fried’s FTX crypto exchange and will be paid in crypto and receive equity as part of the deal. According to an Aug.10 announcement, the partnership with FTX Trading Ltd. and West Realm Shires Services Inc. (owners ofRead More →
A new form of digital layaway has taken Europe by storm and gained some acceptance in the US, and the growing handful of opponents in space want to encourage more online purchases that Americans pay for over time. ‘Buy now, pay later’ options – referred to in the paymentsRead More →
© Reuters. The dollar rose in Asia on Friday morning, but remained near a one-month low. The U.S. Federal Reserve maintained its latest stance in its latest, and disappointing U.S. economic data also hampered the rally of the U.S. currency for a month. The setback against a basket ofRead More →
Bitcoin (BTC) closed above $ 41,000 in July in a ‘bullish engulfing’ candle that dramatically increased its previous downward trend. In a tweet on August 1, investor and entrepreneur Alistair Milne joined many people to celebrate a classic return for BTC pricing action. Bitcoin refuses to flip bearish AfterRead More →
© Reuters. FILE PHOTO: The logo for Chinese ride-hailing company Didi Global Inc is pictured during the IPO on the New York Stock Exchange (NYSE) floor in New York City, U.S., June 30, 2021. REUTERS/Brendan McDermid/File Photo (Reuters) -Ride-hailing company Didi Global on Thursday denied a media report thatRead More →
Cardano is one of those altcoins that has managed to actually walk the walk. In fact, the network is on its way to introduce smart contracts by October 2021 with Alonzo. However, has the altcoin’s price actually been keeping up with its growing popularity? Based on the recent marketRead More →
© Reuters. FILE PHOTO: A trader shows U.S. dollar notes at a currency exchange booth in Karachi, Pakistan December 3, 2018. REUTERS/Akhtar Soomro By Saqib Iqbal Ahmed and Sujata Rao NEW YORK (Reuters) – The dollar slipped to a one-month low on Thursday, a day after the U.S. FederalRead More →
© Reuters. FILE PHOTO: A view of the exterior of the Nasdaq market site in the Manhattan borough of New York City, U.S., October 24, 2016. REUTERS/Shannon Stapleton (Reuters) – Exchange operator Nasdaq Inc reported a better-than-expected quarterly profit on Wednesday, boosted by strength in its trading business asRead More →
A modest USD profit-taking assisted GBP/USD to reverse an intraday dip to sub-1.3600 levels. Acceptance below 200-day SMA might have already set the stage for a further near-term decline. Any attempted recovery move is more likely to remain capped near the 1.3700 round-figure mark. The GBP/USD pair once againRead More →
Gary Vaynerchuk wears many hats. He’s an entrepreneur, CEO, angel investor, public speaker and social-media guru — not to mention the actual hat he wore during his interview with MarketWatch showing he’s a fan of the New York Jets. Vaynerchuk, 45, is the CEO of media and communications companyRead More →
© Reuters. By Yasin Ebrahim Investing.com – The dollar is winning over some of its detractors who have been pushed off the bearish bandwagon after the Federal Reserve’s hawkish tilt started the countdown on policy tightening much earlier than expected. The , which measures the greenback against a trade-weightedRead More →
Spain-based bank Santander’s U.K. business will no longer be allowing its customers to send payments to Binance, citing warnings from the Financial Conduct Authority. Several replies from Santander’s U.K. Twitter help account today said the bank has “decided to prevent payments” to the world’s biggest crypto exchange in anRead More →
Weeks before Didi Global Inc. went public in the U.S., China’s cybersecurity watchdog suggested the Chinese ride-hailing giant delay its initial public offering and urged it to conduct a thorough self-examination of its network security, according to people with knowledge of the matter. But for Didi DIDI, -5.30%, waiting would be problematic.Read More →
© Reuters. FILE PHOTO: U.S. dollars are counted by a banker at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo By Ritvik Carvalho LONDON (Reuters) – The dollar dipped against a basket of major currencies on Monday, after hitting a speed bump when last week’s mixedRead More →
A recent article highlighted the fact that Uniswap’s daily active addresses were up by 72.5% since Monday and also depicted the same for other tokens in the DeFi space, namely Maker, Compound and AAVE. This was an early indication of a possible DeFi recovery. Meanwhile, UNI’s price has latchedRead More →
