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Category: Cryptocurrencies

Cryptocurrencies

Carnival Cruise Line Crew Shortage Leads to Cancellations

Some popular onboard events won’t be happening. Carnival Cruise Line (CCL) – Get Carnival Corporation Report has struggled to keep its ships fully staffed. That’s due to a number of reasons, including crew being lost Read more…

By , 4 years ago May 18, 2022
Cryptocurrencies

Rebels Lead Resurgence in China’s Bitcoin Mining Activity

Last August, data suggested that China’s crackdown on cryptocurrency was absolutely working, but new data suggests that it’s not breaking the country’s appetite for bitcoin. Sometimes the more one tries to control something the more Read more…

By , 4 years ago May 18, 2022
Cryptocurrencies

Elon Musk and Twitter: Now It’s Personal and Ugly

The richest man in the world has sparked a saga around his bid to acquire the microblogging website Twitter. It’s a saga that keeps markets and social networks in suspense.  Since Elon Musk announced on Read more…

By , 4 years ago May 18, 2022
Cryptocurrencies

Canadian Inflation Remains Excessively High. What Does It Mean For USD/CAD?

The Canadian CPI print confirmed what the markets had already expected: that inflation continues to rise and will force the BOC to raise rates further. Last week, the Bank of Canada’s Toni Gravelle said that Read more…

By , 4 years ago May 18, 2022
Cryptocurrencies

EURGBP Bearish Bias Enhanced by Capping Ichimoku Cloud

EURGBP’s positive impetus, which evolved from the vicinity of the 200-period simple moving average (SMA) at 0.8406, is trading around the 100-period SMA at 0.8473 after fading from the lower surface of the Ichimoku cloud. Read more…

By , 4 years ago May 18, 2022
Cryptocurrencies

UK Inflation Soars to 9%

Pound slides after CPI report The British pound has taken a tumble after April CPI jumped to 9.0% YoY, up sharply from 7.0% in March. GBP/USD has fallen 100 points today and is trading at Read more…

By , 4 years ago May 18, 2022
Cryptocurrencies

Cathie Wood Watch: Ark Buys E-Commerce, Biotech Stocks

Ark also sold four stocks, including a defense contractor and a financial management software company. Renowned investor Cathie Wood, chief executive of Ark Investment Management, bought shares of a biotech and a technology company focused Read more…

By , 4 years ago May 18, 2022
Cryptocurrencies

Elon Musk Gives Himself a Second Chance to Sell an Unusual Machine

The billionaire wants to show off Tesla’s progress on artificial intelligence (AI). Billionaire Elon Musk is giving himself a second chance.  The richest man in the world has been trying for several months now to Read more…

By , 4 years ago May 18, 2022
Cryptocurrencies

Sunset Market Commentary

Markets ECB policy makers keep up the July rate hike rhetoric. ECB Muller, de Cos and Rehn were today’s chosen ones. Interestingly, more governors start talking about what could come next after an inaugural July Read more…

By , 4 years ago May 18, 2022
Cryptocurrencies

EUR/USD: Recovery Faces Headwinds But Bulls Remain in Play above 10DMA

The Euro eases on Wednesday after three-day recovery leg from five-year low at 1.0349 showed signs of stall and was capped by falling 20DMA. Rebound was fueled by profit-taking on improved sentiment and expectations for Read more…

By , 4 years ago May 18, 2022

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