Investing.com – Citi Research has turned increasingly bearish on risk, and recommends selling any rallies. At 07:00 ET (11:00 GMT), EUR/USD traded 0.1% higher at $1.0926, having dropped around 0.3% over the course of the last week. The U.S. bank flagged last month that it was turning bearish on risk, citing that volatility tends to…
Failed crypto exchange FTX has been ordered by a court in the US to pay $12.7bn as compensation to people who lost money when it collapsed. This decision comes months after founder Sam Bankman-Fried was jailed for 25 years for his part in the company’s financial meltdown. The Commodity Futures Trading Commission (CFTC) decided the…
Media reports described the first full week of stock trading in August 2024 as a “wild week” filled with unexpected dips and a shaky recovery towards Friday 9 August 2024. The S&P 500 experienced its worst Monday and best Thursday since 2022 on 5 and 8 August 2024 respectively, typifying the seesawing markets. Based on…
Enjoy this post? Share the love. In the high-stakes world of AI stocks, even giants can stumble. Join us as we dissect Nvidia’s recent 35% correction and uncover what it means for traders and investors alike. In the ever-evolving landscape of the stock market, few companies have captured the imagination of investors quite like Nvidia….
A new listing – NEIROUSDT – featuring Neiro, a Solana meme coin, is now available to trade on BitMEX, with up to 10x leverage. The listing began trading here at 04:00 UTC on 13 August 2024. For the lowdown on the latest listing, read on. If you haven’t signed up for a BitMEX account yet,…
Hindenburg Research responded on Sunday to SEBI Chief Madhabi Puri Buch’s weekend statement, which accused the short-seller of “character assassination.” In a post on X, Hindenburg stated that Buch’s response raises new critical questions and includes significant admissions. Source link
In the rapidly evolving world of cryptocurrency, Pawfury (PAW) has emerged as a frontrunner, achieving a significant milestone with the successful completion of its presale’s fourth stage and the simultaneous launch of its eagerly awaited DeFi Wallet. This development marks a pivotal moment in the project’s growth, blending cutting-edge technology with strategic foresight. The recent…
2024.08.12 2024.08.12 Yen Triggers Market Turmoil. Forecast as of 12.08.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ For an extended period, the yen was constrained by the considerable disparity between the Fed and Bank of Japan interest rates. However, in late July and early August, the currency managed to overcome this roadblock, triggering a significant market turmoil. Let’s discuss this…
Dear KuCoin Users, KuCoin has completed the token swap of Lisk (LSK). The deposit and withdrawal services are now open. Notice: KuCoin no longer supports deposits and withdrawals of old LSK tokens. Please DO NOT deposit old LSK tokens to KuCoin. For further information on the token swap, please refer to the: KuCoin Will Support…
The stock market has seen a significant downturn over the past few days, with many overvalued mega-cap tech companies leading the slide. At the top of this is Ford Motor Company (F), whose shares have plummeted by 22% in the past month, far outpacing the S&P 500’s 4% decline. But what’s behind Ford’s sharp decline?…