Ishan Wahi, a former product manager at Coinbase Global Inc., has admitted to two counts of conspiracy to commit wire fraud in a case that U.S. prosecutors have labeled as the first insider trading case involving cryptocurrency. Ex-Coinbase manager pleads guilty in insider trading case https://t.co/i6fG3c3wHc pic.twitter.com/zKfjqnNpzT — Reuters (@Reuters) February 7, 2023 According to
Month: February 2023
Oil prices rose for a second-straight session on Tuesday, driven by optimism about recovering demand in China and concerns over supply shortages following the shutdown of a major export terminal after an earthquake in Turkey. Brent crude futures were up 98 cents, or 1.2%, to $81.97 a barrel by 10:50 a.m. EST (1551 GMT), while
While Dollar is now the strongest one for the week, buying remains not too committed, except versus the weak Pound. The greenback is indeed mixed, awaiting more guidance from Fed Chair Jerome Powell’s speech. Yen is currently the strongest one for today,. Australian Dollar is trailing as the impact of RBA’s hawkish hike is fading
Share: EUR/USD grinds near monthly low after posting a bullish candlestick on daily formation. Bullish moving average crossover, steady RSI adds strength to the upside bias. Three-month-old previous support line holds the key to Euro bull’s conviction. EUR/USD stays defensive near 1.0730 during inactive early trading hours of Wednesday, following a bounce off monthly low
EURUSD down for the 4th day in a row The EURUSD has taken big steps lower over the last 4 trading days. From the high reached last Thurday, the pair has moved from a high of 1.1031 to a low today of 1.0679 for a move of 352 pips or 3.2% over that time period.
The S&P 500 opened 15 points lower but has quickly pared that to 10 points. Meanwhile, the Nasdaq is trading flat after the open. There are eyes on megacap tech today as the fight to capture AI market share and headlines ramps up. Yesterday, Google said it was planning an announcement for Wednesday but that
In this article HTZ Follow your favorite stocksCREATE FREE ACCOUNT Andrew Kelly | Reuters Rental car giant Hertz reported fourth-quarter earnings that were better than Wall Street expected, on renewed demand for travel as the Covid-19 pandemic eased in many parts of the world. The company also benefited from improved operating performance, CEO Stephen Scherr
Oil prices inched up in early trade on Monday after falling around 8% last week to more than three-week lows as jitters over major economies outweighed signs of a demand recovery in China, the world’s top oil importer. Brent crude futures crawled up 16 cents, or 0.2%, to $80.10 a barrel at 0022 GMT, while
Australian Dollar recovered broadly today following hawkish RBA rate hike, which signals more tightening ahead. The rebound in Aussie also takes New Zealand Dollar higher. On the other hand, Dollar is once again consolidating overnight gains. The rally in the greenback is not too committed this week so far. But Fed Chair Jerome Powell’s speech
Share: The Indian Rupee has had a reasonable start to the year, moving from about 82.70 to below 81.00 before drifting back up to around 82.00 currently. Economists at ING expect INR to remain steady. RBI done, or close “With inflation dropping back into the Reserve Bank of India’s target range, and below policy rates,
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The major US indices are closing lower on the day. However, there is some sunshine technically as the S&P index is closing above the 4100 level. Recall that the 4100 level was the swing highs from December on two separate occasions. Stay above is more bullish. Move below would tilt the short term bias back
Australian dollar jumped higher after the Reserve Bank of Australia +25bp rate hike Australia – RBA raises the cash rate by +25bp to 3.35%, as expected A magnitude 5.6 earthquake has hit central Turkey Bank of Canada Governor Macklem speaking Tuesday, 7 February 2023 USD losing ground in Asia trade European Central Bank speakers due
Pinterest shares slipped in extended trading on Monday after the company reported revenue that missed analyst expectations and issued a light forecast for the first quarter. The stock pared its losses after earlier falling by as much as 12%. Here’s how the company did. Revenue: $877 million vs. $886.3 million expected, according to Refinitiv. Earnings:
Fans watching the Kansas City Chiefs face off against the Philadelphia Eagles in Super Bowl LVII on Feb. 12 will reportedly not see a plethora of ad spots for cryptocurrency companies, as they did in 2022. According to a Feb. 6 Associated Press report, there had been four potential deals with crypto firms for commercials
Oil prices rose on Monday, buoyed by supply concerns, but remained near three-week lows on fears that slower growth in major economies could curb demand. Brent crude futures rose 46 cents, or 0.6%, to $80.40 a barrel by 1442 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 20 cents, or 0.3%, to $73.59. While
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