Cryptocurrency prices rebounded on Friday, as markets prepared for the latest U.S. nonfarm payrolls (NFP) report. It is expected that 200,000 jobs will have been added to the United States workforce, ...
Tag: Looms
NFT Platform ImmutableX’s $66M Unlocking Looms, Putting Sell Pressure on IMX Token
“We see no concerns surrounding this upcoming unlock, and even if some short-term selling should occur,” Robbie Ferguson, co-founder of Immutable, wrote in an email. “The top 30 IMX holders, represent...
Fed Decision Looms Over Financial Markets, Is Bitcoin Safe?
Bitcoin and the entire crypto market are currently waiting with bated breaths to see the outcome of the FOMC meeting. The United States Federal Reserve Open Market Committee (FOMC) meeting began on No...
Trump May Testify To Jan. 6 Committee As Deadline Looms, Liz Cheney Suggests
Topline The House January 6 Committee is “in discussions” with former President Donald Trump’s legal team about him testifying in the lawmakers’ investigation, Rep. Liz Cheney (R-Wyo.) said Tuesday, r...
Analysts Slash Y-mAbs Therapeutics Price Targets As Uncertainty Looms Over Neuroblastoma Hopeful
On Friday, FDA’s Oncologic Drugs Advisory Committee (ODAC) voted 16 to 0 that Y-mAbs Therapeutics Inc (NASDAQ: YMAB) did not provide sufficient evidence to conclude that omburtamab improves over...
Dow Jones Futures: Market Rally Revs Higher, Time To Step On Gas? Fed Meeting Looms
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures, with earnings season still in full swing. But investor focus also will turn to a pivotal Federal Reser...
Ripple Now Owns Minority of XRP Supply as Lawsuit Judgment Looms
Ripple now holds less than half of the total outstanding supply of XRP, dispelling concerns about the centralization of the token as it awaits the outcome of the SEC lawsuit. The achievement was hail...
US Dollar Recovers, Bitcoin Holds $20K as Fed Decision Looms
After the US dollar sank to three-week lows earlier this week, the currency showed signs of recovery Thursday with the US Dollar Index 0.5% higher The ECB again raised interest rates by 75 basis point...
Volatile net trade propels US Q3 Real GDP to 2.6%; Recession threat looms large
In its advance GDP estimate released earlier today, the US Bureau of Economic Analysis announced that the real GDP for Q3 grew at 2.6% adjusted for inflation, on an annualized basis. This was a dramat...
‘Material risk’ looms over stocks as investors face bear market’s ‘second act’
Stock-market investors have been adjusting to the jump in interest rates amid high inflation, but they have yet to cope with profit headwinds faced by the S&P 500, according to Morgan Stanley Weal...
Crowd Sentiment towards Crypto Turns Bearish as Inflation Data Looms
The crypto market has not yet been able to find the right footing based on tightened macroeconomic factors and Russia’s invasion of Ukraine. As a result, crowd sentiment toward cryptocurrencies has tu...
Polkadot Is In A Tight Range As A Drop Below The $6.00 Low Looms
Oct 09, 2022 at 13:15 // Price The price of Polkadot (DOT) is in a downtrend, but has resumed a sideways trend. The downtrend has eased after falling to the low of $5.98. The sideways movement starts ...
Summers Urges Fed to Keep Tightening, Even as ‘Collision’ Looms
(Bloomberg) — Former Treasury Secretary Lawrence Summers said it’s important for the Federal Reserve to deliver on the further monetary tightening it has signaled, even in the face of financial ...
Chipmakers See ‘Breathtaking’ Drop in Demand as Recession Looms
(Bloomberg) — Signs are piling up that the tech downturn may be deeper and longer-lasting than feared. Most Read from Bloomberg After years of record capital spending, chipmakers are warning on ...
MakerDAO passes proposal to increase yield as stablecoin ban looms
MakerDAO has passed a governance decision that will create new vaults where its native token DAI will be invested into treasuries and corporate bonds to earn yield. As interest rates rise, increasing ...
Dow Jones Falls As Jobs Report Looms; AMD Warns, Elon Musk Wins Twitter Trial Delay
Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures, despite an AMD earnings warning. The stock market rally attempt lost ground Thursday, hitting resist...
Another Celsius Exec Is Out as Auction Looms
Key Takeaways One of Celsius’ co-founders, S. Daniel Leon, reportedly stepped down as the company’s chief of strategy today. Leon resigned just one week after co-founder and CEO Alex Mashi...
Juventus Beat Bologna, But Next Week’s Visit To AC Milan Looms Large
Juventus celebrated a much-needed win over Bologna on Sunday. NurPhoto via Getty Images The pressure around Juventus had been building throughout the international break, and Bologna’s visit to Turin ...
Ethereum Staking and Burning Metrics Solid But Bearish Price Prediction Still Looms
Several metrics for the Ethereum network remain bullish but that hasn’t been reflected in the price which could fall further in the short term. The Ethereum network is still showing solid metrics in t...
Reshuffle Looms As Treasury Secretary Leaves Soon – Will It Impact Crypto?
Biden’s administrative team is about to get shuffled as the Treasury Secretary, Janet Yellen leaves after midterm, the shuffle might mean a positive turn for Crypto since Yellen was an anti-crypto adv...
Financial Crisis Redux Looms in Asia as Major Currencies Crack
(Bloomberg) — Asian markets risk a reprise of financial crisis-level stress as two of the region’s most important currencies crumble under the onslaught of relentless dollar strength. Most Read ...
Bitcoin ‘nuke’ warning as Fed rate hike decision looms — Dollar index hits 20-year high
Bitcoin (BTC) underwent a weak rebound on Sept. 21, and the U.S. dollar jumped to a new yearly high as investors await Sept. 21’s Federal Open Market Committee’s interest rate decision. BT...
CFTC commissioner visits Ripple offices as decision in SEC case looms
Caroline Pham, one of five commissioners at the United States Commodity Futures Trading Commission, or CFTC, met with Ripple CEO Brad Garlinghouse ahead of a court decision which could affect how regu...
Puerto Rico Loses Electricity As Hurricane Fiona Looms Off Coast
Topline Tropical Storm Fiona strengthened to hurricane status on Sunday while approaching the island of Puerto Rico, the National Hurricane Center said, causing a total blackout on the island as forec...
Electric Bills Soar Across the Country as Winter Looms
U.S. utility customers, faced with some of their largest bills in years, are set to pay even more this winter as natural-gas prices continue to climb. Natural-gas prices have more than doubled this ye...
LUNC traders can look to trade with the trend as a zone of resistance looms ahead
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Terra Classic [LUNC] saw huge volatility on the charts in Septemb...
S&P 500 Dividend Standout Leads 5 Resilient Stocks Near Buy Points As Fed Looms
S&P 500 dividend standout Devon Energy (DVN) and top cybersecurity play Palo Alto Networks (PANW) lead this weekend’s watch list of 5 stocks holding near buy points, despite a dicey time for...
Will MicroStrategy Continue Bitcoin Purchases as Lawsuit Looms?
MicroStrategy likely to continue “impractically large” bitcoin buys to attract crypto investors, Morningstar analyst says The largest blockchain-focused ETF in the US has kept the company’s stock as a...
Why DeFi Speculators Are Borrowing Ethereum as Merge Looms
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) With Ethereum’s merge event just days away, the entire industry is preparing for the network’s most highly-anticipated u...
ECB Rate Hike Means Recession Looms, Oil Bull Running On Fumes
ECB raises its main overnight lending rate to 1.25% from 0.5% on Thursday. It has a long way to go … [+] if it wants to fight 8.9% inflation in Western Europe. (Photo by Hannelore Foerster/Getty...
Millions of working Americans are living paycheck-to-paycheck — and running out of cash as another recession looms
Inflation is taking its toll on people’s emergency funds. The share of workers who say they are living paycheck-to-paycheck has surged among middle- to high-income earners — 63% and 49%, respectively ...