Rivian officials have just made a public announcement, which is more like a public bomb about the discontinuation of its cheapest electric vehicle truck. The company has announced that it has discontinued the production of the R1S SUV and R1T pickup truck’s Explore Package. This is a clear confirmation that it will not be manufacturing […]
It has been a while since the trading value of gold has not been performing well against the dollar. The dollar’s price seems to be gaining strength versus the yellow metal and the trend appears to be bearish. Gold’s Prolonged Bearish Trend Since the beginning of the running week, the value of gold has been […]
On Tuesday, a new report disclosed that Alex Mashinsky, the Israeli-American chief executive and founder of Celsius Network, was the one behind the trading strategy of the lending platform. According to several people familiar with the matter, the CEO had sold bitcoin worth millions of dollars in anticipation of buying it for a cheaper price. […]
A cryptocurrency investment platform called Bluebenx suspended its withdrawal services in the previous week. The Brazilian company was forced to do so after an alleged hack that saw it suffer losses of about $31 million. The announcement dictated that withdrawals would be suspended for at least six months. Back in January, the Brazilian Securities and […]
Referred to as Union Bank, the Union Bank of Philippines, announced recently that it is introducing yet another crypto service for its customers. According to the financial institution, a select few users of its mobile app would be given the facility of exchanging bitcoin and other digital currencies, without requiring a separate wallet for this […]
On Monday, UK’s FTSE 100’s index climbed, as drugmaker AstraZeneca recorded gains, as did consumer stocks. This relieved the pressure on the index from oil and mining heavyweights, after data showed that there was an unexpected slowdown in the Chinese economy last month. UK data There was a 0.2% gain in the blue-chip FTSE 100 […]
Hodlnaut has recently made an announcement in regards to reducing its employees. The cryptocurrency lending platform has made the decision of cutting loose its employees as it faces a financial crisis. Hodlnaut Lays off Workforce and Applies for Judicial Management As per sources, Hodlnaut has proceeded with cutting off its workforce. The lending platform has […]
On the Thursday forex trading session, the prices of the Asian currencies seem to have taken a fall. The data shows that the fall is due to the announcement made by the US Feds surrounding the interest rates. The US Feds Want to Hike Interest Rates The US Federal Reserve announced on Thursday that they […]
Payback Ltd Review Scammers have become prevalent in the trading world. You will often encounter news of investors losing millions of cash after a scammer infiltrated their wallets. What can you do after such incidents? Indeed, fighting online fraudsters is a challenging and stressful task. Moreover, losing large sums of money might affect you psychologically. […]
Polygon bulls have remained in the driver’s seat for approximately two months as they ensured the token’s spot above the 20-50 Exponential Moving Average. Meanwhile, this recovery established a crucial bullish cross on the 20 Exponential Moving Average and the 50 Exponential Moving Average. Breaching the 4-month trend-line support gave MATIC bulls enough strength to […]
Supreme Capital Review If you are tired of getting slow and inefficient results from your old brokerage firm, then you have come to the right place as Supreme Capital is your savior. Getting an efficient trading platform is not easy, but you will be delighted to see what Supreme Capital offers you in the name […]
The recent data surrounding the GBP/USD pair shows that it has been trying hard to resist the downtrend. The data suggests that the pair has been facing a negative trend for the past few days. The downtrend continued for two days, but the buyers tried resisting it, and even the recent inaction was not able […]
For the past couple of days, the trading value of the EUR/USD pair has been moving in the bearish zone. It seems that the two-day bearish momentum may get extended. The Tuesday trading session has also witnessed a downward movement for the EUR/USD pair. The price of the pair has continued moving in downward momentum. […]
The trading value of the US dollar is currently moving lower. The latest trading session shows that the trading value of the USD was slightly in the negative zone. A day prior to the latest trading session, the trading value of the USD had experienced a 1% dip. USD Value Slipped Due to Inflation A […]
For some time, the trading price of the EUR/USD pair had been rising significantly. The USD was not able to gain much momentum against the EUR. However, things have started to change for the pair, and the EUR has lost its strength against the USD. EUR/USD Pair is losing its Traction The price chart shows […]
Bitcoin Could Not Get Past $24k Bitcoin has reportedly ended the month of July mainly experiencing greens. The price of Bitcoin continued moving in the upward direction. Since February of 2022, Bitcoin had not been able to climb higher at a significant rate. However, the price of Bitcoin had finally started showing signs of retracement […]
On Tuesday, the trading price of the Philippine peso fell tremendously. Its value ended up experiencing the worst downward movement compared to the rest of the fiat currencies on Tuesday. The reason why the Philippine peso performed worse than its Asian peers was due to below-expectation GDP growth. Philippine’s GP growth was not as much […]
The trading price of the EUR/USD pair has improved tremendously in recent trading sessions. The data suggests that it is currently trading near the 1.0200 benchmarks. Euro Gains Momentum after Posting Eurozone Sentix Data The data surrounding the Eurozone Sentix was recently posted, showing that it has improved in the month of August. A downtrend […]
The trading value of Optimism (OP) has been undergoing significant growth in the past 30-days. Since the start of July, the trading value of Optimism has continued surging, which is due to its connection with Ethereum. Almost 300% Rally Recorded by Optimism The trading price of Optimism has experienced an almost 300% rally in the […]
On Tuesday, US stock indexes were set for a lower opening over concerns that tensions between the United States and China could worsen because of a visit of US House Speaker, Nancy Pelosi, to Taiwan. Shares fall The financial markets have already been under a lot of pressure because of the fallout from rising inflation, […]
