After losing more than half its value so far this year, PayPal Holdings Inc. still faces ‘uncertainty’ from Wall Street. PayPal PYPL, +2.03% was an investor darling in the early days of the COVID-19 c...
Tag: Looms
Bitcoin sets up lowest weekly close since early March as 4th red candle looms
Bitcoin (BTC) stayed below $40,000 on April 24 as the weekly close looked set to be a painful one for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Binance bids slowly thin below...
Ripple Lawsuit Victory Looms After Big Win Versus SEC
Key Takeaways Ripple secured a big win in its lawsuit against the SEC this week, legal analysts said. A judge ruled that the SEC release documents that may prove it has selectively enforced regulation...
Ethereum Merge Pushed to Q3 as ‘Final Chapter’ of Proof of Work Looms
The Ethereum merge that forms a key part of the so-called Ethereum 2.0 upgrade has been delayed until the latter half of 2022. “It won’t be June, but likely in the few months after,” Tim Beiko, an Eth...
NASCAR in A Hot seat As Lawsuit for ‘Let’s Go Brandon’ Token Promotion Looms – crypto.news
NASCAR driver Brandon Williams has been sued in a class action lawsuit filed in the State of Florida, regarding the right-wing linked cryptocurrency “Let’s Go Brandon.” It is alleged in the suit that ...
Bearish Cross Looms as LUNA Dips 6% Daily
Key Support level: $103, $90 Key Resistance level: $120 After an impressive rally, LUNA managed to set a new all-time high at $119.55 (Binance). The price is now found in a correction after bears too...
Staking Project Lido Finance Surges As Ethereum Merge Looms
The native token behind Lido Finance surged more than 10% over the past 24 hours, jumping from roughly $4.25 to a peak of $4.82, according to data pulled from CoinMarketCap. LDO has since retraced som...
Prepare To Short Chinese Stocks As Taiwan War Threat Looms
Xinyi Shopping District, including the Taipei 101 building (C), at sunset in Taipei. (Photo by … [+]y Daniel SHIH / AFP) (Photo credit should read DANIEL SHIH/AFP via Getty Images) AFP via Getty...
Crypto donation startup launches IRS form as US tax season looms
Engiven, an enterprise cryptocurrency donation platform, is working to simplify tax reporting for cryptocurrency donors and nonprofits by launching a tax form and appraisal service for crypto donation...
Crypto Companies in Limbo As UK FCA’s Deadline Looms
Just 33 cryptocurrency firms have been registered so far under the UK FCA’s covered register, with the deadline looming for the watchdog to grant the firms approval before March 31. So far, 80% of the...
Litecoin price analysis: LTC rejects $112 as correction looms
TL;DR Breakdown Litecoin price analysis shows litecoin is struggling to maintain price levels. Support for LTC is present at $107. Resistance for LTC is present at $112. The Litecoin price analysis fo...
BTC Back Above $40,000, ETH Eyes $3,000 as Fed Meeting Looms – Market Updates Bitcoin News
Following days of consolidation, bitcoin rallied above $40,000 on Tuesday, which comes as markets prepare for today’s Fed meeting. ETH also climbed, moving away from its recent support point in the pr...
Wall Street’s Skittish Attitude Toward Putin Pays Off As Russia Default Looms
Citigroup faces the most exposure to Russian sovereign and corporate debt, recently redefining its … [+] at-risk exposure to Russia from $5.5 billion to $9.8 billion. getty Most of Wall Street h...
Bitcoin drifts into weekly close while Fed rate hike looms as next major BTC price trigger
Bitcoin (BTC) upped the volatility into the weekly close on March 13 as markets braced for geopolitical and macro economic cues. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Long-awaite...
ETH Remains Rangebound as Uncertainty Looms (Ethereum Price Analysis)
The market is still in doubt, and the sideways trend has exhausted retail investors. Are we in the accumulation phase, or is this a temporary halt in a bear market? The Daily Chart: ETH has been tradi...
Putin Signs Order to Seize Bank Deposits as Default Looms – Trustnodes
Both Reuters and BBC, citing Russian state TV, report the Russian president Vladimir Putin has signed a new law that allows him to seize the bank deposits of Russians. Reuters limits this to “the bank...
Dow Jones Futures Fall On Ukraine Nuclear Power Plant News; Jobs Report Looms
Dow Jones futures fell solidly Friday morning, along with S&P 500 futures and Nasdaq futures, after Russian troops seized Europe’s largest nuclear power plant. Futures sold off Thursday nigh...
With Cricket Blossoming There, Seattle Looms As A Venue For The 2024 T20 World Cup
Seattle looms as an emerging cricket market in the U.S. (Photo by Ashley Allen – CPL T20 via Getty … [+] Images) Getty The momentous, ground-breaking T20 World Cup co-hosted by the U.S. &#...
Taiwan, Singapore Are Not Stablecoin Fans; Major Cryptos Decline as Russia Invasion Looms
Good morning. Here’s what’s happening: Market moves: Bitcoin and most major cryptos sank amid escalating tensions on the Russia-Ukraine border. A speech by Russian President Vladimir Putin drew the wo...
SHIB Fails to Move Higher as Correction to Critical Support Looms
Key Support level: $0.000028 Key Resistance levels: $0.000034 SHIB appears unable to rally above the current key support at $0.000028, and this most recent attempt was quickly stopped by the bears. Th...
‘This is not 1980’: What investors are watching as next U.S. inflation reading looms
Investors next week will be closely watching for the latest reading on U.S. inflation, which has been running hot against the backdrop of a volatile stock market in 2022. “Inflation will be the data p...
MLB Reportedly Seeks Government Help To Resolve Lockout As Opening Day Looms
Topline The MLB on Thursday asked a federal mediation service to help resolve its two-month-long lockout with the MLB Players Association, ESPN reported, as the dispute threatens to halt the the start...
Joel Embiid Is Now The NBA’s MVP Favorite, But Nikola Jokic Looms
PHILADELPHIA, PA – DECEMBER 10: Joel Embiid #21 of the Philadelphia 76ers guards Nikola Jokic #15 of … [+] the Denver Nuggets in the first quarter at the Wells Fargo Center on December 10,...
US crypto executive order looms — 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week with a bang — but not in the right direction for bulls. A promising weekend nonetheless saw BTC/USD attract warnings over spurious “out of hours” price move...
Global Chip Shortage Looms Over Bitcoin Mining Industry, ASIC Supply Tightens – Mining Bitcoin News
While Bitcoin’s hashrate has been coasting along above 175 exahash per second (EH/s) and recently reached an all-time high, a global shortage of semiconductor chips could slow the growing industry. Th...
Coinbase Launches Free Tax Center as IRS Deadline Looms
In brief Coinbase’s new service will help streamline the tedious process of calculating crypto profits. The company does not plan on issuing 1099 forms. Crypto owners are already reeling from a ...
Minnesota Vikings Have The Roster Quality To Find Top Head Coach, But Key Decision At QB Position Looms
Struggling in big games has been Kirk Cousins’ signature in his four years with the Vikings. (Photo … [+] by Ezra Shaw/Getty Images) Getty Images Just a few weeks ago, there was a common t...
Proof-of-Work (PoW) crypto mining ban looms large on Europe
Proof-of-Work (PoW) mining of cryptocurrencies might face a ban according to EU securities regulator Climate change goals will be seriously affected with the crypto’s risks Decentralized nature of B...
S&P 500: 8 Big Stocks Lose Half Their Value As Bear Looms
Still wondering if a bear market is coming soon for the S&P 500? It’s already here now for a staggering number of big U.S. stocks. X More than a fifth of the stocks in the S&P 500 are no...
Bitcoin Leverage Flush Looms as 30% of Supply ‘Underwater’: Report
In brief Bitcoin perpetual futures open interest is at a “historically elevated level,” according to Glassnode. The underlying signs are showing the market could be ready for a “leve...
KC-46 Cleared For Refueling 70% Of Joint Air Fleet As Next Round Of Tanker Competition Looms
With 53 aircraft in service, Boeing’s BA KC-46 Pegasus tanker is now approved for supporting over two-thirds of the aircraft in the joint air fleet that are capable of receiving fuel in flight. The ta...