Month: July 2021
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Oil Futures Climb Up Amidst Tight Supply
The oil prices saw an upward trend as investors made their bets. Investors are betting on the extremely limited oil supply and increasing vaccination rates to help counterbalance demand shocks […]
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Bitcoin (BTC) Soars to $42K after Breaking a 4-Year Record
Bitcoin saw its price surging over $42,000 earlier on Saturday. Keep in mind that the coin has never made such moves for more than one month. At the moment, the […]
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Chinese Tech Stocks in Hong Kong Plunge amidst Regulatory Pressure
Due to the decline in stocks of Chinese technology and education companies under Hong Kong stocks fell sharply in trading on Monday afternoon. The decline in Chinese stocks was a […]
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Solana (SOL) Aims to Break its Two Month Trend
Brief – The price actions over the previous day saw SOL rising by almost 18%. The coin touched the two-month-long price trend. Solana tries to maintain 200 MA. Solana attempts […]
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KFC Korea Signs a Contract With NFT Marketplace TriumphX To Build NFT Content
Triumph, a nonfungible token (NFT) and entertainment marketplace, has contracted with KFC of South Korea (a prominent fast food platform) through an MOU (memorandum of understanding). The focus of the […]
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Amazon May End Up Losing Stock Value Following Takeover of New CEO
The revenue report for Amazon for the last quarter of the fiscal year has turned out to be a sheer disappointment for the eCommerce giant. Amazon reportedly shared the revenue […]
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Bitcoin: What Next After 22% Weekly Gains?
Bitcoin (BTC) battles the resistance at $40,000 after the 22% impressive gains this week. Keep in mind that the leading crypto by market dominance has traded in the $30,000 to […]
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Ripple (XRP) Surges 20% in a Day – Where Next?
Briefly – XRP has increased its value by 20% since yesterday. The altcoin uses the 200 MA as its support, which hasn’t happened in more than two months. XRP faces […]
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BNY Mellon Is All Set To Support New Crypto Trading Venue Pure Digital
Pure Digital, the latest cryptocurrency exchange, has received backing from State Street Corporation (STT), BNY Mellon, and four other institutions. STT and BNY Mellon have joined four other banks in […]
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Natural Gas Prices Expected To Trade Steadily At $3.8 Support Level
The price of a natural gas futures contract for August hovers at $4.015 which is marginally higher than what was recorded earlier this week. On Thursday, natural gas prices rebounded […]