Bitcoin (BTC) is wowing the market by holding $50,000, but a bullish metric is pointing to much larger potential gains. Data from TradingView now clearly shows that the weekly moving average convergence/ divergence (MACD) indicator for BTC/USD has flipped from red to green. Time for another 5.5X BTC price surge? There is no shortage of
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Cardano blockchain’s native asset ADA reached a new record high on Aug. 23 as investors pinned hopes on an upcoming smart contracts feature that expects to boost the cryptocurrency’s adoption. The ADA/USD exchange rate topped out at $2.899 around 09:00 UTC, raising anticipations that it would easily close above $3 in the coming sessions. Many
Public facilities and environmental facilities were the municipal sectors that grew the most in volume in the first half of 2021 compared to the same period of 2020. The public facilities sector was up 126.9% and environmental facilities was up 77.7%. The transportation sector was third, growing 48.6%. The increases compare to an overall 9.9%
Elon Musk’s SpaceX revealed new details about plans for the next-generation of satellites in its Starlink internet system in federal filings on Wednesday, including that the company intends to use its massive Starship rocket as the primary vehicle to deliver the spacecraft to orbit. SpaceX filed an amendment with the Federal Communications Commission that included
In this article TRIL-CA MRNA PFE 22UA-DE COIN BA Check out the companies making headlines before the bell: Boeing (BA) – Boeing added 1.2% in the premarket, following news that it planned to invest in a SPAC merger planned later this year by Richard Branson’s satellite launch company Virgin Orbit. Virgin Orbit plans to merge
Lots of people have had to cancel trips in recent weeks as a midsummer resurgence of the pandemic pushed Covid-19 infections and hospitalizations to record highs in many states. Now, the nation’s central bankers are in the same boat, and it might be a signal that mortgage rates could be staying near historic lows in
In this article 3333-HK A banner promoting the Emerald Bay residential project outside the China Evergrande Centre in the Wan Chai area of Hong Kong, China, on Friday, July 23, 2021. Lam Yik | Bloomberg | Getty Images BEIJING — Chinese authorities called for indebted property giant Evergrande to resolve its debt risks during a
Leaders of California’s high-speed rail project have not given up on garnering additional federal funds to pay for the slow-moving project that is supposed to link the state’s major cities. High-speed rail, championed by President Joe Biden on the campaign trail, was shunted to the sideline in the $1.2 trillion infrastructure package. Brian Kelly, chief
Seven Afghan civilians have been killed around Kabul international airport as chaos continued to hamper western efforts to evacuate people from the country, one week after the Taliban retook control. Confirming the civilian deaths, the UK defence ministry acknowledged on Sunday that “conditions on the ground remain extremely challenging”, as the US warned its citizens
Bitcoin (BTC) is knocking at the doors of the key $50,000 level and most traders are still optimistic even after the digital asset rallied 70% from the July 20 low at $29,278 to an intraday high at $49,757.04 on Aug. 21. Monitoring resource Material Indicators pointed to a lot of puts at the $50,000 strike
Support and Resistance are the building blocks needed in order to read chart patterns properly and to trade effectively. Support: -A psychological level where people believe the demand is strong enough to hold the stock price up -This is similar to a price floor, but it isn’t government-controlled -A healthy support line hits multiple points
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Bitcoin (BTC) edged closer to $50,000 on Aug. 22 as concerns over a bearish downturn made a timely reappearance. “Modestly bearish” signs accompany $50,000 run-up Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting a high of $49,830 on Bitstamp Sunday — itself a three-month record. The weekend had proven the staying power of higher
Dallas Fed President Robert Kaplan said he’s open to adjusting his view that the Federal Reserve should start tapering its asset-purchase program sooner rather than later if the Delta variant persists and hurts economic progress. The Fed is currently buying $80 billion per month in Treasuries and $40 billion in mortgage-backed securities in an effort
Shoppers walk in front of a Walmart store in San Leandro, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images As earnings season draws to a finale, investors’ eyes are focused on how the second half of 2021 will look. Be it a contagious new Covid-19 variant causing lockdowns,
In this article ROST AMAT SPOT BKE FL DE Check out the companies making headlines before the bell: Deere (DE) – The heavy equipment maker reported quarterly earnings of $5.32 per share, compared with a consensus estimate of $4.58, and its revenue beat forecasts as well. Deere was up 1.1% in premarket trading as it
San Diego’s demographics continue to skew younger, as more and more life sciences, technology and telecommunication companies are choosing to locate in San Diego and expand operations. Qualcomm, the multinational telecom and semiconductor manufacturer headquartered in San Diego, employs a force of young well-paid engineers and computer science grads with advanced degrees. The University of
Miracle Messages founder and CEO Kevin F. Adler, right, with community ambassadors Beverly Stevenson and Brian Whitten in San Francisco. San Francisco Chronicle/Hearst Newspapers via Getty Images | Hearst Newspapers | Getty Images More than six years ago, Kevin F. Adler walked the streets of his San Francisco neighborhood with an unusual purpose: He wanted
Some members of the Puerto Rico Oversight Board want to reach a “grand bargain” with the local legislature to complete Puerto Rico’s debt deals. Both the Puerto Rico House of Representatives and Senate have voted overwhelmingly in favor of measures declaring they would not approve any bonds for a Plan of Adjustment that cut pensions
The brother of slain Afghan warlord Ahmad Shah Massoud has called on the Taliban to form an inclusive government following their recapture of the country, and warned of resistance if they refused. Ahmad Wali Massoud, one of a band of leaders holding out against the Taliban from their base in the Panjshir valley, raised the